- Investigates the causes of economic imbalances.
- Investigates causes tending to destroy or impair the free-market system.
- Explores and develops market-based solutions.
This application is to acquire funding to expand the State Climate Policy Dashboard, a 50-state interactive database of climate policy managed by Climate XChange. Specifically, this request is for funding to expand the electricity policy data to a new scorecard for all 50 states.
State policy is a major driver of economic decisions in the electricity sector. A state policy database and scorecard allow for pinpoint identification of which policies are distorting the electricity market and holding back/unleashing the potential for renewables
The electricity market is a complicated web of local, state, and federal policy, as well as many market actors such as generators, utilities, consumers, regional authorities, and financial institutions. This project allows market actors easier access to consolidated information on state policy that pertains to the electricity market and helps identify key states and policies to focus on to unlock decarbonization further.
Many state policies in the electricity sector are market-based solutions that must be carefully measured and tracked to ensure they function properly. The Dashboard will highlight best-in-class market-based solutions at the state level for others to replicate.
The scope of this project is state-level policy across all 50 states.
(Check sent: 7/19/2022)