Translated title: Overview of the US electricity markets
This study analyses the overarching framework structure of the US electricity markets and the fundamental differences between the US electricity markets in the states and regions. It shows differences and parallels with Germany and Europe. In particular, it discusses the difference between the European transmission system operators and the American independent system operators as well as the principle of local pricing in the wholesale electricity market. The study also highlights other topics such as central dispatch, capacity markets, system planning and digititalisation.
The first part gives an overview of the main aspects at the federal level. Since energy policy is largely in the hands of the states, liberalisation did not take place universally. The second part discusses the six most important regional electricity markets of the USA (California, New York, Texas, New England, PJM Interconnection and MISO) in more detail.
Further publications in the series
- Überblick über die australische Energiepolitik (Aktualisierung Juli 2019)
- Community Choice Aggregation - Communities in California and other US states as electricity suppliers (in German only) (August 2018)
- Overview of energy policy and energy economy in Texas (in German only) (February 2018)
- The debate on the Grid Resiliency Pricing Rule - Electricity market policy under President Trump (in German only) (January 2018)
- Overview of energy policy and energy economy in California (in German only) (September 2017)
- Overview of the energy policy of Canada (in German only) (June 2017)
- Overview of Australia's energy policy (in German only) (March 2017)
- Power Cuts in South Australia 2016 and 2017 (in German only) (February 2017)
- California and Germany: energy policy cooperation with neighbouring states in the electricity sector (in German only) (December 2016)
- Overview of the energy efficiency policy in the US (in German only) (December 2016)