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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 … efficient and reliable transmission operations. Chapter 5 provides examples of market implementations and a discussion of the …
Persistent link: https://www.econbiz.de/10009437365
based on an avoided cost calculation that reflected the low fossil fuel-prices of the early 1990s. Today, market and non-market … generated in California and Nevada. The majority of geothermal capacity came on line during the 1980s when stable market … wave of geothermal development that lasted until the early 1990s. However, by the mid-1990s, the market for new geothermal …
Persistent link: https://www.econbiz.de/10009436180
loads, resources, natural gas prices, forward market electricity prices, transmission expenses, and aluminum smelter benefit … payments are simulated in RiskSim. Monthly spot market electricity prices for the simulated loads, resources, and natural gas … electricity prices from AURORA, loads and resources data from the Load Resource Study, WP-07-E-BPA-01, various revenues from the …
Persistent link: https://www.econbiz.de/10009436102
loads, resources, natural gas prices, forward market electricity prices, transmission expenses, and aluminum smelter benefit … payments are simulated in RiskSim. Monthly spot market electricity prices for the simulated loads, resources, and natural gas … electricity prices from AURORA, loads and resources data from the Load Resource Study, WP-07-FS-BPA-01, various revenues from the …
Persistent link: https://www.econbiz.de/10009436116
integration, even as the retailers themselves are forced to purchase electricity at volatile wholesale prices set in open markets … stability is threatened. This, then, facilitates many other problems associated with electricity markets, such as market power …Regardless of the form of restructuring, deregulated electricity industries share one common feature: the absence of …
Persistent link: https://www.econbiz.de/10009436432
Dynamic retail electricity pricing, especially real-time pricing (RTP), has been widely heralded as a panacea for … providing much-needed demand response in electricity markets. However, in designing default service for competitive retail … choice in the past 5-7 years reach an important juncture in retail market design. Most states with retail choice established …
Persistent link: https://www.econbiz.de/10009437145
New technologies, low natural gas prices, and federal and state utility regulations are restructuring the electricity … electricity industry is stranded commitments. Past investments, power-purchase contracts, and public-policy-driven programs that … made sense in an era of cost-of-service regulation may not be cost-effective in a competitive power market. Regulators …
Persistent link: https://www.econbiz.de/10009437362
market prices. Public utility commissioners are encouraged to permit utilities a free choice in signing gas contracts, but to … allow only competitive market prices to be reflected in allowable fuel costs. … relationship between supply reliability and contracts is explained in terms of the number of buyers and sellers in a market. With …
Persistent link: https://www.econbiz.de/10009435688
market prices. Public utility commissioners are encouraged to permit utilities a free choice in signing gas contracts, but to … allow only competitive market prices to be reflected in allowable fuel costs. … relationship between supply reliability and contracts is explained in terms of the number of buyers and sellers in a market. With …
Persistent link: https://www.econbiz.de/10009436350
-power procurement and pricing in competitive electricity markets. This paper summarizes findings from a unique, interdisciplinary … specific challenges in creating a competitive market for reactive power as well as new tools needed to help ensure such a … market functions efficiently, and (3) demonstrating the importance of accounting for the physical characteristics of the …
Persistent link: https://www.econbiz.de/10009435808