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This report describes the features of Aspen-EE (Electricity Enhancement), a new model for simulating the interdependent … effects of market decisions and disruptions in the electric power system on other critical infrastructures in the US economy … each market as a function of the market rules. Results indicate that when two power markets are faced with identical …
Persistent link: https://www.econbiz.de/10009435861
This paper is intended to provide an understanding of the needs of a restructured electricity market and some of the … market methods and systems that have developed to address those needs. Chapter 2 discusses the historic market framework of … operate the power system. Chapter 4 also deals with the role of transmission in opening up markets to competition. In …
Persistent link: https://www.econbiz.de/10009437365
-long trend of declining reserve margins. Competition among generators is typically robust, holding down wholesale energy prices … are not able to commit to specific responses months or years in advance. Electricity is a fluid market commodity with a … they can be made more effective in controlling summer peaks and attendant high prices of electricity. Particular attention …
Persistent link: https://www.econbiz.de/10009437367
electricity in support of the basic services of generating capacity, energy supply, and power delivery. The Federal Energy … commerce. To date, the electricity industry (including traditional vertically integrated utilities, distribution utilities …-allocation factors for these services; and to develop market and operating rules for their provision and pricing. Developing metrics …
Persistent link: https://www.econbiz.de/10009436688
Peak power demand issues have come to the fore recently because of the California electricity crisis. Uncertainties … difference between peak demand and average demand, and the necessity for real-time delivery of electricity all make the … radically altering the way people use electricity in buildings, but are decades away from widespread use, so DOE R&D and …
Persistent link: https://www.econbiz.de/10009435559
year), predictions for HDR-produced electricity result in competitive breakeven prices in the range of 5 to 9 cents/kWh for …A generalized economic model was developed to predict the breakeven price of HDR generated electricity. Important …
Persistent link: https://www.econbiz.de/10009436297
would see lower rates) unless they have sufficient market power to raise their prices without losing significant market … very high profits. Average prices to customers could be 5% to 25% higher than regulated rates (Figure S-1). If the coal and … market-based rates then prices are lower. (4) Customer response to real-time prices can lower the peak capacity requirements …
Persistent link: https://www.econbiz.de/10009436144
would see lower rates) unless they have sufficient market power to raise their prices without losing significant market … profits. Average prices to customers could be 5% to 25% higher than regulated rates. If the coal and hydro plants are priced …Because of the recent experiences of several states undergoing restructuring (e.g., higher prices, greater volatility …
Persistent link: https://www.econbiz.de/10009437369
around hydro conditions, market prices and river operations for fish recovery. In order to provide a high probability of … modeling in ToolKit until the TPP standard is met. Increased wholesale market price volatility and six years of drought have … receiving those funds is greater. In addition to market price volatility, BPA also faces uncertainty around the financial …
Persistent link: https://www.econbiz.de/10009436101
. This study aims to overcome this market barrier by identifying and evaluating value propositions that will increase the … advantages that either increase the consumer value or reduce the consumer cost of PHEVs to assure a sustainable market that can … thrive without the aid of state and Federal incentives or subsidies. Once the characteristics of a thriving PHEV market have …
Persistent link: https://www.econbiz.de/10009436839