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Christopher Crane on wholesale market design

From Leadership Dialogue with Chris Crane, President and Chief Executive Officer, Exelon Corporation · · S&P Global

“It is a top 10 for the organized markets I mean it's probably number 1 in the organized markets the way that the locational marginal pricing was designed was not the way the system runs today so generators are not being compensated adequately we have issues with negative prices although we've solved some of that in Illinois you still see that from time to time so we haven't these mandates haven't matched a load profile to the mandate the the necessity on how many megawatts that they want built and because of that we've got a distorted market from pricing”

Christopher Crane
Former President & Chief Executive Officer, Exelon
Policy Impact wholesale market designlocational marginal pricingmarket distortionsrenewable subsidies

On , Christopher Crane, Former President & Chief Executive Officer at Exelon, spoke about wholesale market design during Leadership Dialogue with Chris Crane, President and Chief Executive Officer, Exelon Corporation on S&P Global.

Leadership Dialogue with Chris Crane, President and Chief Executive Officer, Exelon Corporation
Watch on YouTube at 18:50
Leadership Dialogue with Chris Crane, President and Chief Executive Officer, Exelon Corporation
S&P Global
Watch on YouTube at 18:50
(April 30, 2020) Chris Crane, president and chief executive of Exelon Corporation, shares insights on electricity market designs, technological needs for industry, clean energy targets of U.S. states, and the future of the power sector.
Christopher Crane

About Christopher Crane

Former President & Chief Executive Officer · Exelon

Christopher Crane, a retired Albuquerque police officer, pastor, and missionary, has been appearing on media outlets to discuss his campaign for the U.S. House of Representatives. On the Rabbit Hole podcast, Crane stated that he decided to run because he felt "absolutely no representation whatsoever" and that politicians "just represent their party" rather than their constituents. Crane also described his career as a police officer from 1989 to 2007 and his mission work primarily in Africa. During the interview, Crane shared several personal views. He said he "discovered YouTube" and "got into every conspiracy theory you could think of," and remarked that "Iran is not never has been a Muslim country ever." He stated that "God is using Trump and the United States military" for religious purposes. Crane also discussed his gun store, saying that New Mexico's Senate Bill 17, a firearms law, caused him to fast and pray, as it "caused fear, which is the opposite of faith."

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