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Diagnosing Market Power in California's Deregulated Wholesale Electricity Market

Diagnosing Market Power in California's Deregulated Wholesale Electricity Market PDF Author: Severin Bornstein
Publisher:
ISBN: 9780756709846
Category : Electric industries
Languages : en
Pages : 51

Book Description
Examines the degree of competition in the Cal. wholesale electricity market during the period June 1998 to Sep. 1999 by comparing the market prices with estimates of the prices that would have resulted if owners of instate fossil fuel generating facilities behaved as price takers. There were significant departures from competitive pricing and these departures are most pronounced during the highest demand periods, which tend to occur during the months of July-Sep. Through most of the winter and spring of 1999 there was little evidence of the exercise of market power. The exercise of market power raised the cost of power purchases by about 16% above the competitive level.

Diagnosing Market Power in California's Deregulated Wholesale Electricity Market

Diagnosing Market Power in California's Deregulated Wholesale Electricity Market PDF Author: Severin Bornstein
Publisher:
ISBN: 9780756709846
Category : Electric industries
Languages : en
Pages : 51

Book Description
Examines the degree of competition in the Cal. wholesale electricity market during the period June 1998 to Sep. 1999 by comparing the market prices with estimates of the prices that would have resulted if owners of instate fossil fuel generating facilities behaved as price takers. There were significant departures from competitive pricing and these departures are most pronounced during the highest demand periods, which tend to occur during the months of July-Sep. Through most of the winter and spring of 1999 there was little evidence of the exercise of market power. The exercise of market power raised the cost of power purchases by about 16% above the competitive level.

The California Electricity Crisis

The California Electricity Crisis PDF Author: Christopher Weare
Publisher: Public Policy Instit. of CA
ISBN: 1582130647
Category : Business & Economics
Languages : en
Pages : 140

Book Description


FERC, Regulators in Deregulated Electricity Markets

FERC, Regulators in Deregulated Electricity Markets PDF Author: United States. Congress. House. Committee on Government Reform. Subcommittee on Energy Policy, Natural Resources, and Regulatory Affairs
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 256

Book Description


Markets, Pricing, and Deregulation of Utilities

Markets, Pricing, and Deregulation of Utilities PDF Author: Michael A. Crew
Publisher: Springer Science & Business Media
ISBN: 1461508770
Category : Business & Economics
Languages : en
Pages : 232

Book Description
Markets, Pricing, and Deregulation of Utilities examines the effects of deregulation on the energy and telecommunications industries in an economic environment that has changed dramatically since deregulation was first introduced in those industries several years ago. The contributors to this book discuss the aspects of deregulation that appear to be succeeding and those that seem to be failing. Within that framework, they offer insight as to the possible next stages of regulatory restructuring and reform. The contents of this book provide a strong theoretical base leading to a better understanding of markets, pricing, and deregulation by utility managers, regulators, and economists.

Diagnosing Market Power in Chile's Electricity Industry

Diagnosing Market Power in Chile's Electricity Industry PDF Author: Soledad Arellano
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 56

Book Description


The California Electricity Crisis

The California Electricity Crisis PDF Author: James L. Sweeney
Publisher: Hoover Press
ISBN: 0817929134
Category : Political Science
Languages : en
Pages : 303

Book Description
After political leaders mismanaged the electricity crisis, California now faces an electricity blight while it struggles to recover from its self-imposed wounds. The California Electricity Crisis focuses on policy decisions, their consequences, and alternatives: the saga California has faced and is still facing.

Operation of Market-oriented Power Systems

Operation of Market-oriented Power Systems PDF Author: Yong-Hua Song
Publisher: Springer Science & Business Media
ISBN: 9781852336707
Category : Business & Economics
Languages : en
Pages : 474

Book Description
This useful reference allows readers to compare and learn from best-practice and up-to-date information in this exciting field from Europe, the US and Australia. It shows how to overcome day-to-day and strategic engineering problems, rather than concentrating on policy and market-structural issues.

Pricing in Competitive Electricity Markets

Pricing in Competitive Electricity Markets PDF Author: Ahmad Faruqui
Publisher: Springer Science & Business Media
ISBN: 1461545293
Category : Business & Economics
Languages : en
Pages : 463

Book Description
Electricity markets are being deregulated or face new regulatory frameworks. In such changing markets, new pricing strategies will need to consider such factors as cost, value of service and pricing by objective. Pricing in Competitive Electricity Markets introduces a new family of pricing concepts, methodologies, models, tools and databases focused on market-based pricing. This book reviews important theoretical pricing issues as well as practical pricing applications for changing electricity markets.

Making Competition Work in Electricity

Making Competition Work in Electricity PDF Author: Sally Hunt
Publisher: John Wiley & Sons
ISBN: 0471266027
Category : Business & Economics
Languages : en
Pages : 467

Book Description
An expert's perspective on how competition can make this industry work. There has never been a coherent plan to restructure the electricity industry in the USâ??until now. Power expert Sally Hunt gets down to the critical lessons learned from the California power crisis and other deregulated markets, in which competition has been introduced properly and successfully. Hunt presents sensible solutions to power market reform that have been cultivated over her twenty years of professional work in the industry. Sally Hunt (New York, NY) spent twenty years at National Economic Research Associates, where she was head of NERA's U.S. energy practice and a member of the board. Coauthor of Competition and Choice in Electricity with Graham Shuttleworth (0471957828), she has served as Corporate Economist at Con Edison, Deputy Director of the New York City Energy Office, and Assistant Administrator of the New York City Environmental Protection Administration. Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management,asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.

Power System Restructuring and Deregulation

Power System Restructuring and Deregulation PDF Author: Loi Lei Lai
Publisher: John Wiley & Sons
ISBN: 9780471495000
Category : Technology & Engineering
Languages : en
Pages : 508

Book Description
Die Umstrukturierung und Liberalisierung der Stromerzeugung brachte tiefgreifende Veränderungen des Marktes, des Wettbewerbs, der Technologien und nicht zuletzt der gesetzlichen Vorschriften mit sich. Dieser Band konzentriert sich auf die technischen Fortschritte und bespricht derzeit aktuelle Probleme anhand anschaulicher Fallstudien. So werden zum Beispiel neue Verfahren zur Vorhersage der Netzlast erläutert. Von international renommierten Experten geschrieben! (07/00)