Recent electricity price spikes are painful reminders of the value that meaningful demand-side responses could bring to the restructuring US electricity system. Review of the aggregate offers made by suppliers confirms that even a modest increase demand elasticity could dramatically reduce these...

California's recently enacted Renewables Portfolio Standard (RPS, Senate Bill 1078) requires the state's investor-owned utilities (IOUs) to increase the renewable portion of their energy mix, with a goal of 20% renewable energy generation by 2017. Renewable generation projects will compete with...