Using Auctions to Divest Generation Assets

In most states, ratepayers will compensate utilities for their stranded costs. As a result, these costs must be measured as accurately as possible, in a manner that is easily understood by all concerned parties. We describe the options for measuring stranded costs and argue that a simultaneous ascending auction is the best approach.

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Year of publication:	1997
Authors:	Cramton, Peter ; Cameron, Lisa J. ; Wilson, Robert
Institutions:	University of Maryland, Department of Economics - Peter Cramton
Subject:	Auctions \| Stranded Costs \| Utilities

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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, 10:10, December 1997, pages 22-31. 10 pages
Classification:	D44 - Auctions ; L97 - Utilities: General ; L94 - Electric Utilities
Source:	RePEc - Research Papers in Economics

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