Brattle Principal Peter Fox-Penner was selected as the keynote speaker for the American Antitrust Institute’s Annual Energy Roundtable. The conference, “The Changing U.S. Generation Fleet: What Does it Mean for Competition?” took place May 6, 2014 in Arlington, VA.
There are major changes in play in the composition of the generation fleet in the U.S. electricity markets. Many of these changes are attributed to the complex and shifting landscape that shapes market participation by investor-owned utilities, municipal and cooperative utilities, and merchant generators, among others. The conference assessed how various key determinants of the relative costs of different generation sources are changing the U.S. generation fleet and affecting entry and market structure. Among these determinates are fuel price dynamics, federal and state policies for portfolio standards and energy efficiency, generation subsidies, environmental emissions standards, and global trade and competition issues.
Dr. Fox-Penner gave the keynote address at the roundtable. His speech led the transition from the morning discussion of key developments affecting generation capacity and market participation in the U.S. to the afternoon session, which discussed the implications for the competitive landscape of electricity markets.