Professor Xiaojun Lin and Andrew Liu have just received an NSF grant, titled "EAGER: Design of Distribution-Level Electricity Markets: Demarginalization and Decentralized Learning." This project aims to design new electricity markets for distribution-level power systems, which can enable small prosumers with renewable generation to directly trade energy at the distribution level. Such distribution-level markets face significant new challenges due to low marginal cost and high uncertainty of renewable generation, as well as decentralized decision making of a large number of prosumers. This project will bring transformative changes by developing new market structures that are radically different from the existing transmission-level markets, which greatly reduce price-volatility, eliminate price-fixing, encourage long-term investment, and improve grid reliability. This will be achieved by considering new energy products that are tailored to resources with low marginal costs and significant generation uncertainty.