A topic the electric industry has debated for years: Can state policies and wholesale electricity markets work together? State regulators and policymakers have continued to dissect this ongoing issue, specifically how new state policies impact and interact with wholesale power markets. Many recognize the value of wholesale power markets and the benefits of unifying policy initiatives with these markets. Others have argued that state policies and subsidies are essentially incompatible with competitive markets which rely on market signals to inform decisions about entering and exiting markets.