As emerging markets take the lead in power demand growth and renewable capacity additions, they will serve as testbeds for new technologies and market structures. Government, developer, investor, and other stakeholders discuss how transitioning economies will reform power sectors in the age of digitalization and electrification. How can they balance long-term resource adequacy and price stability with decentralized and distributed options? What level of revenue risk does an investor perceive in a newly restructured and privatized power market?