price setting rules on electricity market prices. … the requirements such as tool, a live electricity market simulation was created. This experience helped to shape the … development of the multi-agent Electricity Market Complex Adaptive Systems (EMCAS) model. To explore EMCAS' potential, several …

electric power plants. The effects of these bills on electricity costs depend on features of the bills, on the mix of …-specific estimates of the effects of different legislation on electricity costs. This paper presents sample results from a larger …

substantial volatility in wholesale market prices, significant financial distress among major industry organizations, and …Electricity markets in the United States have witnessed unprecedented instability over the last few years, with … electricity industry. Recent industry instability also illustrates the need for thoughtful resource planning to balance the cost …

This paper deals with the market for SO{sub 2} emission allowances over time and electric utility compliance choices … scrubber incentives in Phase 1, there is likely to be substantial emission banking for use in Phase 2. Allowance prices are … or other potential speculators in the allowance market are not expected to bank allowances. The allowances will be banked …

import electricity, numerous plant outages, and exercise of market power by generators drove up wholesale electricity prices …California's restructured electricity markets opened on 1 April 1998. The former investor-owned utilities were … divested, and the retail market was opened to competition. To ensure that small customers shared in the expected benefit of …

Wind is the fastest growing source for electricity in the United States. During 2001, U.S. wind power plant … market expansion is supported by a variety of Federal and state incentives in the form of production tax credits, renewable …, green tags, and government power purchases. Deregulation of the electric power industry is continuing. In some cases this is …

prices for each class. These prices can be compared to the average market-based prices to see if prices increase or decrease … enough to pay all costs and earn a reasonable return on equity. In a restructured market, where prices are based on marginal …Because of the recent experiences of several states undergoing restructuring (e.g., higher prices, greater volatility …

corresponding market-clearing prices. We show that future prices for both electricity and AS depend on expectations of the spot … competitive electricity market with reliability requirements, we model a spot market for electricity and futures markets for both …, we solve for the optional quantities of electricity and AS traded in each market by all participants, as well as the …

This paper deals with the effects of uncertainty and risk aversion on market outcomes for SO{sub 2} emission allowance … prices and on electric utility compliance choices. The 1990 Clean Air Act Amendments (CAAA), which are briefly reviewed here … prices are expected to increase over time at a rate less than the return on alternative investments, so utilities which are …

Deregulation is haltingly changing the United States electricity markets. The resulting uncertainty and/or rising …) into the electricity market. The advent of efficient and reliable small scale and renewable equipment has spurred an … monthly utility bill. San Diego is in many ways an attractive location for DER development: It has high electricity prices …