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By applying the body of regulations and policymaking designed for the operational realities of the grid -- like benchmarking prices against grid resources instead of diesel generators -- we ensure the most expensive power of all: its absence.
There simply is no policy certainty for companies in this market, and policymakers need to ensure light touch regulation that accommodates, rather than precludes, the growth of the clean energy industry by, amongst other things, defining what constitutes a utility and benchmarking prices to protect consumers.
Benchmarking prices could be one useful tool to achieve this.
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Companies around the world trade commodities based on benchmark prices.
Australian top mining companies Rio Tinto and BHP Billiton pushed for massive increases in their benchmark prices.
International oil markets appeared to shrug off the news, with benchmark prices changing little.
But after eight days of violence, most benchmark prices are little changed from where they began.
The price of iron ore may be falling, but this year's drop in benchmark prices is the first since 2002.
But Mr Kloppers derides this system as "awful" and has been intent on dismantling the annual benchmark-price negotiations in favour of an index linked to the spot price, which had, until recently, outstripped benchmark prices for several years.
Analysts at Davy said: Iron ore benchmark and premium prices are down 60%and54%4% year-on-year respectively, with benchmark prices breaching the psychological barrier of $50 per tonne.
He has urged OPEC to cut oil output further, to set a floor for benchmark prices of $50.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com