Peter Cramton contends that the forward energy market, as presented in Cramton, Peter; Brandkamp, Simon; Chao, Hung-po; Dark, Jason; Hoy, Darrell; Kyle, Albert S. et al. (2025): A Forward Energy Market to Improve Reliability and Resiliency, is a sound proposal to improve competition and innovation in today's restructured electricity markets. https://cramton.umd.edu/electricity/. He believes it is an excellent approach to achieving resource adequacy and improving resiliency in response to the challenges of the energy transition.

He will pay $1000 to the first person who identifies a significant weakness in the forward energy market approach, assuming 1) the market participants attempt to make decisions to maximize their happiness and  ...