An analysis of the types of financial arrangements behind new electric generation capacity that completed construction and came online in 2016 and 2017.
While there are extensive data available on the types of technologies being constructed each year, there are limited aggregated data on the financial arrangements behind the construction of these technologies. Such data show how new generation resources are developed within the different types of electricity market and regulatory structures throughout the country, and can help specifically assess the performance of the capacity markets.
This report shows that merchant development of new capacity has been increasing, accompanied by a growth in state efforts to procure or retain specific types of capacity out of fuel security and resilience concerns.
This report reviews recent developments in the capacity markets, presents data and analysis about the financial arrangements behind new generation, and market reform.