The passage of the U.S. Inflation Reduction Act is expected to accelerate the pace of transition underway across U.S. power markets. Dramatic growth in wind, solar and energy storage alongside greater electrification of the economy will transform the sector over the next decade. Wholesale power markets are evolving to accommodate the shifting landscape, but further adaptation will be necessary to maintain reliable and resilient markets. What will become of wholesale power markets in a renewables-dominated future? What role can we expect distributed energy resources to play in the future? How will resource adequacy planning evolve to handle increasing dynamic power markets?