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An extensive North American pipeline grid that physically integrates individual natural-gas markets, in conjunction with economic ties binding the California markets to those at Henry Hub, Louisiana and the New York mercantile exchange via an array of financial instruments, suggests that the...
Persistent link: https://www.econbiz.de/10010807625
We explore three voluntary service options—real-time pricing, time-of-use pricing, and curtailable/interruptible service—that a local distribution company might offer its customers in order to encourage them to alter their electricity usage in response to changes in the...
Persistent link: https://www.econbiz.de/10011053383
In April 2004, the California Attorney General's (AG) office issued a white paper that provided a “law enforcement perspective of the California energy crisis.” To complete this special issue's coverage, I summarize three aspects of that paper: notably, the deficiencies in market oversight...
Persistent link: https://www.econbiz.de/10011053398