[ZeroGravitas]

It's not the highest possible price, it's roughly the same price but with less transparency and some fudge factors added due to uncertainty.

In a world where renewables are cheaper the transparency speeds the transition

[heyitsmedotjayb]

It floats oil and gas profits with huge public subsidy while ensuring nobody in the market realizes benefits from alternate sources. It slows/blocks the transition.

[ZeroGravitas]

I have no idea what you are talking about.

I'm open to the idea that oil and gas are protected and subsidized in many different ways.

Accurate information on how much more they costs than renewables I don't see the link.

Accurate prices are good. Actions that stop the market acting on the accurate prices are bad.

[heyitsmedotjayb]

Why would anyone address the additional challenges and reliability concerns of renewables, when oil can be purchased for the same price? What kind of incentive does that set up?

[adrianN]

It is unclear to me what that has to do with the way we price electricity.