The Role of the ISO in U.S. Electricity Markets: A Review of Restructuring in California and PJM

Despite their design differences, both the California and the Pennsylvania-New Jersey-Maryland markets provide explicit roles for competition in the scheduling functions while allowing the ISO to manage the spot market. Experience has shown that both can work.

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Year of publication:	1999-04-01
Authors:	Cramton, Peter ; Cameron, Lisa
Institutions:	University of Maryland, Department of Economics - Peter Cramton
Subject:	Auctions \| Electicity Restructuring

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Extent:	application/pdf
Series:	Papers of Peter Cramton.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in Electricity Journal, 12:4, April 1999, pages 71-81. 11 pages
Classification:	D44 - Auctions ; L97 - Utilities: General ; L94 - Electric Utilities
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004988792