1、 CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i DOEs Grid Resiliency Pricing Rule name redacted Specialist in Energy Policy October 13, 2017 In U.S. regions with competitive electricity markets, the market price of wholesale electricity has fallen in recent years due t
2、o decreased demand, and the increased availability of relatively low-priced natural gas as a fuel. The relatively higher cost of operating and maintaining older, less efficient coal and nuclear plants in particular make it difficult for them to compete with lower cost, more efficient natural gas-fir
3、ed power plants, or with renewable electricity generation with lower operating costs (and in some cases, tax credits and state mandates). These coal and nuclear power plants may be increasingly faced with closure and eventual retirement if they cannot offer their generation at prices that allow them
4、 to sell their electricity into the competitive markets. Competitive electricity markets are administered by independent system operators (ISOs) and regional transmission organizations (RTOs), and account for 60% of the electricity supply in the United States. These entities are under the regulatory
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