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Competitive bidding for electric generating capacity is becoming based on economic dispatch rather than the PURPA "must-take" norm. Incorporating economic dispatch into bidding requires different price scoring procedures. The "avoided cost" of a dispatchable project is determined by the energy...
Persistent link: https://www.econbiz.de/10005542859
The Federal Communications Commission (FCC) spectrum auctions use a simultaneous ascending auction design. Bidders bid on numerous communication licenses simultaneously, with bidding remaining open on all licenses until no bidder is willing to bid higher on any license. With full revelation of...
Persistent link: https://www.econbiz.de/10005068050