CITY MARKET

The idea that wind and solar automatically lower electricity bills is a myth. A series of posts by an analyst named Steve Carson shows that while renewable plants produce power for almost no fuel cost, the grid still has to pay a lot for flexibility, backup and wiring. The article first looks at Chi

China's power sector is in a tough spot. It's stuck with an old, state-controlled system and it's one of the world's biggest polluters. To fix this, China is trying to switch to a market-based system. This change isn't easy. It's like trying to turn a big, old ship around in the middle of the ocean.