July 1 — While uncertainty will affect the EU market players, other deregulation experiments like ERCOT in Texas offer valuable insights to help them prepare. Similar to the EU’s directives, ERCOT is the result of thousands of working hours spent on careful planning and market design. ERCOT is an energy-only market (EoM) that relies on wholesale energy price signals and market demand to maintain supply, rather than strategic reserves or other capacity mechanisms. This is the same type of market the EU plans to adopt in 2021.

— Power Magazine