THE INSTITUTE FOR ENERGY RESEARCH (IER) IS A NOT-FOR-PROFIT ORGANIZATION THAT CONDUCTS INTENSIVE RESEARCH AND ANALYSIS ON THE FUNCTIONS, OPERATIONS, AND GOVERNMENT REGULATION OF GLOBAL ENERGY MARKETS. IER MAINTAINS THAT FREELY FUNCTIONING ENERGY MARKETS PROVIDE THE MOST EFFICIENT AND EFFECTIVE SOLUTIONS TO TODAY'S GLOBAL ENERGY AND ENVIRONMENTAL CHALLENGES AND, AS SUCH, ARE CRITICAL TO THE WELL-BE…