The coming collision of renewables and power markets: ERCOT long-term base case outlook H2 2017
Energy Markets are at the precipice of an impending wave of structural changes. Renewables growth within the power sector and the electrification of end uses like transportation are the two forces promising a path to lowering carbon intensity of the energy landscape. Thus, Power & Renewables markets are now taking center stage, potentially redefining how energy is produced and consumed in the long run across the wider energy landscape. Ultimately, North America power & renewables markets will set a precedent for the likelihood and pace of this transition. Wood Mackenzie's H2 2017 Power & Renewables market outlook accounts for these trends especially as it leads to a collision course between Renewables and Power markets.