Professor Frank Wolak, the Holbrook Working Professor of Commodity Price Studies in the Department of Economics at Stanford University who also works as the Director of the Program on Energy and Sustainable Development, joins Paul Dockery for the third installation of our Electric Market Enthusiasm series. 04:13 - my lede for Professor Wolak’s working paperWolak, Frank A. "Long-term resource adequacy in wholesale electricity markets with significant intermittent renewables." Environmental and Energy Policy and the Economy 3.1 (2022): 155-220.10:22 - the Reliability Externality and it’s relation to the Missing Money problem16:48 - suspending exports in scarcity events20:27 - Standardized Fixed Price Forward Contract market auctions34:50 - the Energy Market Game48:28 - The Future of Electricity Retailing and How We Get There52:43 - developing market depth on the demand sideYou can find our merch on shopify. You can find the podcast on Apple Podcast, Spotify, or wherever you get your podcasts. Remember to share this with any friends you have that are electric utility enthusiasts like us!Public Power Underground, for electric utility enthusiasts! Public Power Underground, it’s work to watch!