The Renewable Fuel Standard (RFS) is the federal program that requires a minimum volume of renewable fuel to be blended into the U.S. transportation fuel…
The voluntary carbon market (VCM) is where companies, governments, and individuals buy and retire carbon credits by choice rather than by regulation. It sits alongside…
Scope 2 emissions are the indirect greenhouse gas emissions tied to the electricity, steam, heating, or cooling a company purchases. The company did not burn…
Net zero means balancing the greenhouse gases a company or country emits with an equivalent amount removed from the atmosphere. The concept sits at the…
If you work in power project development, asset management, or energy trading, you will encounter the term Locational Marginal Pricing (almost always abbreviated to LMP)…
Electricity is traded like a commodity, yet it behaves unlike any other. It cannot be stored at scale, must be balanced instantaneously across the grid,…
PJM Interconnection is the largest wholesale electricity market in the United States and one of the largest in the world. It coordinates the movement of…
ERCOT, the Electric Reliability Council of Texas, operates the most volatile wholesale power market in the United States. No other ISO combines a largely isolated…
The West Has a Day-Ahead Market On May 1, 2026, CAISO's Extended Day-Ahead Market (EDAM) went live, the first centralized day-ahead clearing mechanism for the…