Price Signals and Greenhouse Gas Reduction in the Electricity Sector

Competitive electricity markets will play an essential role in the success of any market-based climate change program that Congress may adopt, a new study released by the COMPETE Coalition concludes. The Navigant Consulting study, “Price Signals and Greenhouse Gas Reduction in the Electricity Sector,” finds that restructured competitive electricity markets will better enable market-based cap-and-trade programs to produce their intended results because they provide clear, timely and transparent price signals for electricity producers and consumers.