National Library of Energy BETA

Sample records for market trends electricity

  1. Capacity Markets for Electricity

    E-Print Network [OSTI]

    Creti, Anna; Fabra, Natalia

    2004-01-01

    and design of electricity capacity markets. Our work has twoMarkets for Electricity capacity markets, and so, when thesemain features of electricity capacity markets. We have used

  2. Capacity Markets for Electricity

    E-Print Network [OSTI]

    Creti, Anna; Fabra, Natalia

    2004-01-01

    England and Wales Electricity Market”, Power Working PaperFelder (1996), “Should Electricity Markets Have a Capacityand Competitive Electricity Markets”, mimeo, IDEI, available

  3. 47 Natural Gas Market Trends NATURAL GAS MARKET TRENDS

    E-Print Network [OSTI]

    of the chapter addresses the forecast of coal prices to specific coal-fired power plants in the northwest;Natural Gas Market Trends 48 percent was produced within the state. Another 17 percent came from Canada

  4. Understanding the China energy market: trends and opportunities 2006

    SciTech Connect (OSTI)

    Barbara Drazga

    2005-05-15

    The report is broken up into 4 Sections: Section I - Overview of China Energy Market (historical background, market value, consumption, production, reserves, export and import, market segmentation, market forecast); Section II - Market Analysis (PEST analysis, Porter's five forces analysis, socio-economic trends, consumption trends); Section III - Market Segments (electricity, oil, natural gas, liquefied natural gas, liquid petroleum gas, nuclear power, coal, renewables, photovoltaics, wind power, hydroelectric power. Each market segment details current and planned projects, and lists participants in that sector); and Section IV - Breaking Into the Market (regulatory framework, methods of market entry, foreign investment, challenges, government agencies).

  5. Price Responsive Demand in New York Wholesale Electricity Market using OpenADR

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

    electricity markets by creating a link between wholesale and retail markets (electricity markets by creating a link between wholesale and retail markets (electricity supply (KEMA 2012). While such trend stimulates the growth of a competitive retail market,

  6. BRITISH COLUMBIA'S ELECTRICITY MARKET

    E-Print Network [OSTI]

    REFORMING BRITISH COLUMBIA'S ELECTRICITY MARKET: A WAY FORWARD DR. MARKJACCARD BRITISHCOLUMBIATASKFORCEON ELECTRICITYMARKETREFORM: FINALREPORT JANUARY1998 #12;BRITISH COLUMBIA TASK FORCE ON ELECTRICITY with the mandate to lead a Task Force to bring forward to government a package of electricity market reform

  7. Understanding Competitive Pricing and Market Power in Wholesale Electricity Markets

    E-Print Network [OSTI]

    Borenstein, Severin

    1999-01-01

    Power in Wholesale Electricity Markets Severin Borensteincompetition, electricity markets Abstract: Discussions ofin restructured electricity markets have revealed many

  8. Global Biodiesel Market Trends,Global Biodiesel Market Trends, Outlook and OpportunitiesOutlook and Opportunities

    E-Print Network [OSTI]

    Global Biodiesel Market Trends,Global Biodiesel Market Trends, Outlook and OpportunitiesPresident, Emerging Markets Online http://www.emerginghttp://www.emerging--markets.commarkets.com Author, Biodiesel 2020: A Global Market SurveyAuthor, Biodiesel 2020: A Global Market Survey Columnist

  9. Market Organization and Efficiency in Electricity Markets

    E-Print Network [OSTI]

    Sadoulet, Elisabeth

    Market Organization and Efficiency in Electricity Markets Erin T. Mansur and Matthew W. White October 2007 ­ Draft Abstract Electricity markets exhibit two different forms of organization costs. Our analysis points to the merits of organized market institutions for electricity, a central

  10. Diagnosing Market Power in California's Deregulated Wholesale Electricity Market

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, James; Wolak, Frank

    1999-01-01

    Market Power in Electricity Markets: Beyond Concentrationin the California Electricity Markets," mimeo, University ofin the California Electricity Market." Mimeo. University of

  11. Diagnosing Unilateral Market Power in Electricity Reserves Market

    E-Print Network [OSTI]

    Knittel, Christopher R; Metaxoglou, Konstantinos

    2008-01-01

    Equilibrium in Electricity Markets,” 2004, Journal ofEquilibrium Mod- els of Electricity Markets: Stability, Non-s Restructured Wholesale Electricity Market,” 2002, American

  12. Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, Jim; Wolak, Frank A.

    2002-01-01

    nia's Wholesale Electricity Market During Summer 2000: The2002). \\The Trouble with Electricity Markets: Understandingin California's Electricity Market." Journal of Industrial

  13. Measuring Unilateral Market Power in Wholesale Electricity Markets: The California Market 1998 - 2000

    E-Print Network [OSTI]

    Wolak, Frank

    2003-01-01

    Wholesale Electricity Market,” American Economic Review,in a Competitive Electricity Market,” International Economica Competitive Electricity Market,” January 2001, available

  14. California's Electricity Crisis: A Market Apart?

    E-Print Network [OSTI]

    Bushnell, James

    2003-01-01

    California Wholesale Electricity Markets. ” Docket No. EL00-a Competitive Electricity Market. ” International EconomicS. , "The Trouble with Electricity Markets: Understanding

  15. Oligopoly Equilibria in Electricity Contract Markets

    E-Print Network [OSTI]

    Bushnell, James

    2005-01-01

    of U.S. Restructured Electricity Markets. CSEM Working PaperWholesale Electricity Market. ” American Economic Review,of the New England Electricity Market. ” CSEM Working Paper

  16. Reliability and competitive electricity markets

    E-Print Network [OSTI]

    Joskow, Paul L.

    2004-01-01

    Despite all of the talk about ?deregulation? of the electricity sector, a large number of non-market mechanisms have been imposed on emerging competitive wholesale and retail markets. These mechanisms include spot market ...

  17. Status and Trends in the U.S. Voluntary Green Power Market (2012 Data)

    SciTech Connect (OSTI)

    Heeter, J.; Nicholas, T.

    2013-10-01

    Voluntary green power markets are those in which consumers and institutions voluntarily purchase renewable energy to match their electricity needs. Voluntary action provides a revenue stream for renewable energy projects and raises consumer awareness of the benefits of renewable energy. These markets continued to exhibit growth and stimulate renewable energy development in 2012. This paper reviews the voluntary market and identifies market trends.

  18. Computing the Electricity Market Equilibrium: Uses of market equilibrium models

    E-Print Network [OSTI]

    Baldick, Ross

    1 Computing the Electricity Market Equilibrium: Uses of market equilibrium models Ross Baldick Abstract--In this paper we consider the formulation and uses of electric- ity market equilibrium models. Keywords--Electricity market, Equilibrium models I. INTRODUCTION Electricity market equilibrium modelling

  19. The Natural Number of Forward Markets for Electricity

    E-Print Network [OSTI]

    Suenaga, Hiroaki; Williams, Jeffrey

    2005-01-01

    2002). “The trouble with electricity markets: Understandingwholesale electricity market,” American Economic Review, 92:derivatives in electricity markets,” Quantitative Finance,

  20. Global Natural Gas Market Trends, 2. edition

    SciTech Connect (OSTI)

    2007-07-15

    The report provides an overview of major trends occurring in the natural gas industry and includes a concise look at the drivers behind recent rapid growth in gas usage and the challenges faced in meeting that growth. Topics covered include: an overview of Natural Gas including its history, the current market environment, and its future market potential; an analysis of the overarching trends that are driving a need for change in the Natural Gas industry; a description of new technologies being developed to increase production of Natural Gas; an evaluation of the potential of unconventional Natural Gas sources to supply the market; a review of new transportation methods to get Natural Gas from producing to consuming countries; a description of new storage technologies to support the increasing demand for peak gas; an analysis of the coming changes in global Natural Gas flows; an evaluation of new applications for Natural Gas and their impact on market sectors; and, an overview of Natural Gas trading concepts and recent changes in financial markets.

  1. Predicting market power in wholesale electricity markets

    E-Print Network [OSTI]

    Newbery, David

    of retailers to secure their supplies ahead of time when the spot market or power exchange is only a relatively thin residual market. 2.1 The Residual Supply Index Given the apparent potential to raise prices above the competitive level, electricity wholesale... wholesale markets operate either as pools or power exchanges, in which genera- tors submit o¤ers to supply varying amounts at successively higher prices, and the demand side speci?es the level of demand it would take at successively lower prices.6...

  2. Selling green power in California: Product, industry, and market trends

    SciTech Connect (OSTI)

    Wiser, R.H.; Pickle, S.J.

    1998-05-01

    As one of the first US stages to open its doors to retail electric competition, California offers an important opportunity to assess the effectiveness of green power marketing as a mechanism for supporting renewable energy. This report is an interim assessment of key green power product, industry, and market trends in California. The report identifies and analyzes: the potential size of the green power market in California; the companies participating in the green power market; the green power products being offered and their prices; the impact of the green market on renewable generators and the environment; and the influence of several public policies and non-governmental programs on the market for green power. Data used in this paper have been collected, in large part, from surveys and interviews with green power marketers that took place between December 1997 and April 1998. There remain legitimate concerns over the viability of green power marketing to support significant quantities of renewable energy and provide large environmental gains, and it is far too early to assess the overall strength of customer demand for renewable energy. A critical finding of this report is that, because of the high cost of acquiring and servicing residential customers and the low utility default service price, green power marketing affords new energy service providers one of the only viable entrees to California`s residential marketplace.

  3. Trend Following Algorithms for Technical Trading in Stock Market

    E-Print Network [OSTI]

    Si, Yain Whar "Lawrence"

    to the design of technical trading systems. It implies that the fluctuation of market trend should be monitoredTrend Following Algorithms for Technical Trading in Stock Market Simon Fong, Jackie Tai, Yain Whar-- Trend following (TF) is a rule-based trading mechanism that taps on the movements of long-term market

  4. Transmission and Generation Investment in Electricity Markets

    E-Print Network [OSTI]

    Mar 4, 2015 ... Transmission and Generation Investment in Electricity Markets: The Effects of Market Splitting and Network Fee Regimes.

  5. MARKET DESIGN AND ELECTRICITY RESTRUCTURING

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    ) took the lead in Order 888 (1996) by opening access to the electric transmission grid. Market Design discrimination in access to the monopoly owned transmission wires that control whether and to whom electricity, aka available transmission capacity). · Defining reliability standards while certifying the Electric

  6. Reliability and Competitive Electricity Markets

    E-Print Network [OSTI]

    Joskow, Paul; Tirole, Jean

    2006-03-14

    Deregulation of the electricity sector has resulted in conflict between the economic aims of creating competitive wholesale and retail markets, and an engineering focus on reliability of supply. The paper starts by deriving the optimal prices...

  7. U.S. Solar Market Trends

    SciTech Connect (OSTI)

    Larry Sherwood

    2010-04-01

    Grid-connected photovoltaic installations grew by 40% in 2009 compared with installations in 2008. California and New Jersey have the largest markets. Growth occurred in the residential and utility markets, but non-residential customer-sited installations did not change compared with the installations in 2008. Two small solar thermal electric plants were connected to the grid in 2009 with a combined capacity of 7 MW. The future prospects for solar thermal electric plants look bright, although developers are not expected to complete any new large plants until at least 2011. Solar water heating and solar space heating annual installations grew by 40% in 2008 compared with 2007. Hawaii, California, Puerto Rico, and Florida dominate this market. Solar pool heating annual installation capacity fell by 1% in 2008 following a dramatic decline of 15% in solar pool heating capacity in 2007 compared with 2006. Florida and California are the largest markets for solar pool heating. The economic decline in the real estate markets in Florida and California likely led to the decrease in pool installations and thus the dramatic decline in capacity installed of solar pool systems in 2007.

  8. Managing electricity reliability risk through the futures markets

    E-Print Network [OSTI]

    Siddiqui, Afzal S.

    2000-01-01

    rms trading in the electricity markets n 1 and their degreeDesigning Competitive Electricity Markets , edited by H.P.Market Power in Electricity Markets: Beyond Concentration

  9. An Equilibrium Model of Investment in Restructured Electricity Markets

    E-Print Network [OSTI]

    Bushnell, Jim B; Ishii, Jun

    2007-01-01

    Deregulated Wholesale Electricity Markets,” RAND Journal ofin a Competitive Electricity Market,” International EconomicMarket Power in Electricity Markets: Beyond Concentration

  10. An Equilibrium Model of Investment in Restructured Electricity Markets

    E-Print Network [OSTI]

    Bushnell, Jim B; Ishii, Jun

    2007-01-01

    in Deregulated Wholesale Electricity Markets,” RAND JournalBehavior in a Competitive Electricity Market,” InternationalMarket Power in Electricity Markets: Beyond Concentration

  11. TRANSMISSION EFFECTS IN MARKET POWER ANALYSIS OF ELECTRICITY MARKETS

    E-Print Network [OSTI]

    Gross, George

    TRANSMISSION EFFECTS IN MARKET POWER ANALYSIS OF ELECTRICITY MARKETS Thomas J. Overbye George Gross-weber@uiuc.edu Department of Electrical and Computer Engineering University of Illinois at Urbana-Champaign Urbana, IL 61801 ABSTRACT This paper discusses the assessment of market power in bulk electricity markets, with the explicit

  12. Electricity market players subgroup report

    SciTech Connect (OSTI)

    Borison, A.

    1990-03-01

    The purpose of this study is to examine competition in the electric power industry from an ``industrial organization`` point of view. The remainder of this report is organized as follows. Chapter 2 describes the ``industrial organization`` approach used to analyze the electric power market. Industrial organization emphasizes specific market performance criteria, and the impact of market structure and behavior on performance. Chapter 3 identifies the participants in the electric power market, grouped primarily into regulated producers, unregulated producers, and consumers. Chapter 4 describes the varieties of electric power competition, organized along two dimensions: producer competition and consumer competition. Chapters 5 and 6 identify the issues raised by competition along the two dimensions. These issues include efficiency, equity, quality, and stability. Chapters 7 through 9 describe market structure, behavior and performance in three competitive scenarios: minimum competition, maximum competition, and moderate competition. Market structure, behavior and performance are discussed, and the issues raised in Chapters 5 and 6 are discussed in detail. Chapter 10 provides conclusions about ``winners and losers`` and identifies issues that require further study.

  13. Electricity market players subgroup report

    SciTech Connect (OSTI)

    Borison, A.

    1990-03-01

    The purpose of this study is to examine competition in the electric power industry from an industrial organization'' point of view. The remainder of this report is organized as follows. Chapter 2 describes the industrial organization'' approach used to analyze the electric power market. Industrial organization emphasizes specific market performance criteria, and the impact of market structure and behavior on performance. Chapter 3 identifies the participants in the electric power market, grouped primarily into regulated producers, unregulated producers, and consumers. Chapter 4 describes the varieties of electric power competition, organized along two dimensions: producer competition and consumer competition. Chapters 5 and 6 identify the issues raised by competition along the two dimensions. These issues include efficiency, equity, quality, and stability. Chapters 7 through 9 describe market structure, behavior and performance in three competitive scenarios: minimum competition, maximum competition, and moderate competition. Market structure, behavior and performance are discussed, and the issues raised in Chapters 5 and 6 are discussed in detail. Chapter 10 provides conclusions about winners and losers'' and identifies issues that require further study.

  14. Speculative Trading and Market Performance: The Effect of Arbitrageurs on Efficiency and Market Power in the New York Electricity Market

    E-Print Network [OSTI]

    Saravia, Celeste

    2003-01-01

    in California’s Electricity Markets. ” University ofin Restructured Electricity Markets: Mea- suring Market E?s Deregulated Electricity Market. ” University of California

  15. Chapter 3. Markets for electrical energy Introduction

    E-Print Network [OSTI]

    Ernst, Damien

    of electricity. 3 #12;The need for a managed spot market Large consumers and retailers forecast their consumption the market closes. 6 #12;Example: Borduria Power trading in electricity market Unit A and unit B have largeChapter 3. Markets for electrical energy 1 #12;Introduction Assumption: All the generators

  16. Solar Photovoltaic Installation Market Trends | OpenEI Community

    Open Energy Info (EERE)

    Solar Photovoltaic Installation Market Trends Home John55364's picture Submitted by John55364(95) Contributor 14 May, 2015 - 02:24 Global Solar Photovoltaic (PV) Installation...

  17. Solar Renewable Energy Certificate (SREC) Markets: Status and Trends

    SciTech Connect (OSTI)

    Bird, L.; Heeter, J.; Kreycik, C.

    2011-11-01

    This paper examines experience in solar renewable energy certificate (SREC) markets in the United States. It describes how SREC markets function--key policy design provisions, eligible technologies, state and regional eligibility rules, solar alternative compliance payments, measurement and verification methods, long-term contracting provisions, and rate caps. It also examines the trends of SREC markets--trading volumes, sourcing trends, trends in the size of solar photovoltaic (PV) systems driven by these markets, and trends in price and compliance. Throughout, the paper explores key issues and challenges facing SREC markets and attempts by policymakers to address some of these market barriers. Data and information presented in this report are derived from SREC tracking systems, brokers and auctions, published reports, and information gleaned from market participants and interviews with state regulators responsible for SREC market implementation. The last section summarizes key findings.

  18. Green Power Marketing Abroad: Recent Experience and Trends

    E-Print Network [OSTI]

    Green Power Marketing Abroad: Recent Experience and Trends May 2002 · NREL/TP-620-32155 Lori Bird-32155 Green Power Marketing Abroad: Recent Experience and Trends Lori Bird National Renewable Energy liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus

  19. Lessons from International Experience with Electricity Market Monitoring

    E-Print Network [OSTI]

    Wolak, Frank

    2004-01-01

    in Restructured Electricity Markets: An Internationalon the Office of Gas and Electricity Markets (Ofgem) LicenseRegulating Wholesale Electricity Markets in the Aftermath of

  20. Fast Change Point Detection for Electricity Market Analysis

    E-Print Network [OSTI]

    Gu, William

    2014-01-01

    The trouble with electricity markets: understandingPoint Detection for Electricity Market Analysis William Gu ?Point Detection for Electricity Market Analysis William Gu,

  1. Price-elastic demand in deregulated electricity markets

    E-Print Network [OSTI]

    Siddiqui, Afzal S.

    2003-01-01

    in Competitive Electricity Markets," Ph. D. thesis, IEORrms trading in the electricity markets and their degree ofThe Trouble With Electricity Markets and Califor- nia's

  2. Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data)

    SciTech Connect (OSTI)

    Heeter, J.; Bird, L.

    2011-10-01

    This report documents the status and trends of 'compliance'--renewable energy certificate (REC) markets used to meet state renewable portfolio standard (RPS) requirements--and 'voluntary' markets--those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Today, 29 states and the District of Columbia have an RPS, more than half of all U.S. electricity customers have an option to purchase some type of green power product directly from a retail electricity provider, and all consumers have the option to purchase RECs. This report documents REC activities and trends in the United States. The compliance REC market analysis includes analysis of REC trading, regional REC markets, REC tracking systems, types of compliance RECs, compliance REC pricing trends, and an overview of compliance with RPS polices. The voluntary REC analysis presents data and analysis on voluntary market sales and customer participation, products and premiums, green pricing marketing and administrative expenses, voluntary REC pricing, and the voluntary carbon offsets market. The report concludes with a discussion of upcoming guidance from the Federal Trade Commission on green marketing claims, the emergence of community solar programs, and the potential impact of Dodd-Frank regulations on the REC market.

  3. Vertical Integration and Market Power in Electricity Markets Seamus Hogan

    E-Print Network [OSTI]

    Hickman, Mark

    of generation from electricity retailing has often been required as a condition of electricity market shares in wholesale and retail markets. In general, firms whose share of generating capacity is higher (lower) than their retail market share will over-report (under-report) their inverse supply functions

  4. Inefficiencies and Market Power in Financial Arbitrage: A Study of California’s Electricity Markets

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, James; Wolfram, Catherine D

    2006-01-01

    California electricity market, too few participants learnedof California’s Electricity Markets,” Center for the Studyof the New York Electricity Market,” mimeo, UC Berkeley. [

  5. Vertical Integration in Restructured Electricity Markets: Measuring Market Efficiency and Firm Conduct

    E-Print Network [OSTI]

    Mansur, Erin T.

    2003-01-01

    of the New Jersey Electricity Market,” New Jersey Board ofWholesale Electricity Market,” American Economic Review, 92(of the New England Electricity Market,” CSEM Working Paper

  6. Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, James; Knittel, Christopher R.; Wolfram, Catherine

    2004-01-01

    of the New York Electricity Market,” mimeo, UC Berkeley. [of California’s Electricity Markets Severin Borenstein,of California’s Electricity Markets Severin Borenstein,

  7. Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation

    E-Print Network [OSTI]

    Bushnell, James; Mansur, Erin T.; Saravia, Celeste

    2004-01-01

    Wholesale Electricity Market. ” American Economic Review,of the New England Electricity Market. ” CSEM Working Paperfornia’s Wholesale Electricity Market During Summer 2000,”

  8. Applications of Nash Equilibria In Electricity Markets

    E-Print Network [OSTI]

    Lavaei, Javad

    in the stack, while high price offers are promising during peak demand. The electricity price is thereforeApplications of Nash Equilibria In Electricity Markets Term Paper Seminar Electrical Power Networks Energy #12;1. Introduction Liberalized electricity markets challenge their participants in multiple ways

  9. Electricity and Development: Global Trends and Key Challenges

    E-Print Network [OSTI]

    ;3. Prospects for Electricity Development Electricity Access Projected Electrification Rates by Region globalElectricity and Development: Global Trends and Key Challenges Romeo Pacudan, PhD Risoe National · Prospects for electricity development · Investment requirements · Key challenges · Final remarks #12

  10. Economic Consequences of Alternative Solution Methods for Centralized Unit Commitment in Day-Ahead Electricity Markets

    E-Print Network [OSTI]

    Sioshansi, Ramteen; O'Neill, Richard; Oren, Shmuel S

    2008-01-01

    commitment in competitive electricity markets,” Util. Pol. ,of market design,” in Electricity Market Reform: Anrestructured competitive electricity markets. and variable

  11. Trends and Market Effects of Wood Energy Policies

    E-Print Network [OSTI]

    ! · Powerful energy industry · Future? · Today´s discussion! #12;Trends and Market Effects of Wood Energy Policies Bengt Hillring SLU SWEDEN http is the main international energy source · Climate change ­ Energy production ­ CO2 · European Union different

  12. Electricity Bill Savings from Residential Photovoltaic Systems: Sensitivities to Changes in Future Electricity Market Conditions

    E-Print Network [OSTI]

    Darghouth, Naim

    2014-01-01

    adequacy in competitive electricity markets. Electricityadequacy in the competitive electricity market environment.payments in imperfect electricity markets: Need and design.

  13. Using Environmental Emissions Permit Prices to Raise Electricity Prices: Evidence from the California Electricity Market

    E-Print Network [OSTI]

    Kolstad, Jonathan; Wolak, Frank

    2003-01-01

    Restructured Wholesale Electricity Market, American Economic2001) “California’s Electricity Market,” April, availableIn California's Wholesale Electricity Market During Summer

  14. CSEM WP 124 Capacity Markets for Electricity

    E-Print Network [OSTI]

    California at Berkeley. University of

    CSEM WP 124 Capacity Markets for Electricity Anna Creti, LEEERNA, University of Toulouse for Electricity Anna Creti LEEERNA, University of Toulouse Natalia Fabra Universidad Carlos III de Madrid February 2004 Abstract The creation of electricity markets has raised the fundamental question as to whether

  15. ISSN 1745-9648 Bulgarian Electricity Market

    E-Print Network [OSTI]

    Feigon, Brooke

    ISSN 1745-9648 Bulgarian Electricity Market Restructuring by Peter Ganev Institute for Market Economics, Bulgaria CCP Working Paper 08-8 Abstract: The electric power system of the Republic of Bulgaria is part of the united system of mainland Europe (UCTE) composed of the electric power systems of 23

  16. Demand response in adjustment markets for electricity

    E-Print Network [OSTI]

    : electricity consumption, adjustment market, demand response, information asymmetry JEL codes: D11, D21, Q41 in the consumption of electric energy by retail customers from their expected consumption inDemand response in adjustment markets for electricity Claude Crampes and Thomas-Olivier Léautier

  17. Alternative Fuels Market and Policy Trends (Presentation)

    SciTech Connect (OSTI)

    Schroeder, A. N.

    2013-09-01

    Market forces and policies are increasing opportunities for alternative fuels. There is no one-size-fits-all, catch-all, silver-bullet fuel. States play a critical role in the alternative fuel market and are taking a leading role.

  18. Status and Trends in the U.S. Voluntary Green Power Market (2013 Data)

    SciTech Connect (OSTI)

    Heeter, J.; Belyeu, K.; Kuskova-Burns, K.

    2014-11-01

    Voluntary green power markets are those in which consumers and institutions voluntarily purchase renewable energy to match their electricity needs. This report surveys utilities, competitive suppliers, renewable energy certificate (REC) marketers, and, for the first time, the community choice aggregation market. This report finds that the voluntary market totaled 62 million megawatt-hours in 2013. Approximately 5.4 million customers are purchasing green power. This report presents data and analysis on voluntary market sales and customer participation, products and premiums, green pricing marketing, and administrative expenses. The report also details trends in REC tracking systems, REC pricing in voluntary and compliance markets, community and crowd-funded solar, and interest in renewable energy by the information and communication technologies sector.

  19. Persistent collective trend in stock markets

    E-Print Network [OSTI]

    Balogh, Emeric; Nagy, Balint Zs; Neda, Zoltan

    2010-01-01

    Empirical evidence is given for a significant difference in the collective trend of the share prices during the stock index rising and falling periods. Data on the Dow Jones Industrial Average and its stock components are studied between 1991 and 2008. Pearson-type correlations are computed between the stocks and averaged over stock-pairs and time. The results indicate a general trend: whenever the stock index is falling the stock prices are changing in a more correlated manner than in case the stock index is ascending. A thorough statistical analysis of the data shows that the observed difference is significant, suggesting a constant-fear factor among stockholders.

  20. Market Power and Efficiency in a Computational Electricity Market With Discriminatory Double-Auction Pricing

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    electricity market operating in the short run under systematically varied concentration and capacity1 Market Power and Efficiency in a Computational Electricity Market With Discriminatory Double market, restructuring, repeated double auction, market power, efficiency, concentration, capacity

  1. Reactive Power Support Services in Electricity Markets

    E-Print Network [OSTI]

    Reactive Power Support Services in Electricity Markets Costing and Pricing of Ancillary Services Reactive Power Support Services in Electricity Markets Costing and Pricing of Ancillary Services Project and Pricing of Ancillary Services." The project title reflects the original proposal that was prepared

  2. Economic Consequences of Alternative Solution Methods for Centralized Unit Commitment in Day-Ahead Electricity Markets

    E-Print Network [OSTI]

    Sioshansi, Ramteen; O'Neill, Richard; Oren, Shmuel S

    2008-01-01

    in competitive electricity markets,” Util. Pol. , vol. 6,design,” in Electricity Market Reform: An Internationalrestructured competitive electricity markets. and variable

  3. Optimal Risk-aware Power Procurement for Data Centers in Day-Ahead and Real-Time Electricity Markets

    E-Print Network [OSTI]

    Mohsenian-Rad, Hamed

    : Data Center, Day-ahead Market, Real-time Market, Price Diversity, Power Procurement, Service: (a) The Ameren retail price trends [18]. (b) The PJM wholesale market price trends [19]. prices, [12Optimal Risk-aware Power Procurement for Data Centers in Day-Ahead and Real-Time Electricity

  4. Market Integration, Efficiency, and Interconnectors: The Irish Single Electricity Market

    E-Print Network [OSTI]

    Nepal, Rabindra; Jamasb, Tooraj

    integration between SEM and other European markets and thereby raising the possibility to benefit from increased electricity trade. As wholesale prices in SEM remain relatively high and volatile; a larger interconnector capacity can promote competition, close...

  5. Market power and electricity market reform in Northeast China

    E-Print Network [OSTI]

    Zhang, Xiaochun

    2008-01-01

    The Northeast region of China has been used as a testing ground for creation of a functioning wholesale electric power market. We describe the ownership structure of the generation assets for those plants participating in ...

  6. The Market Value and Cost of Solar Photovoltaic Electricity Production

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    a wholesale electricity market in which capacity costs arecapacity would have helped to undermine market power during the California electricityCapacity shortages and the exercise of market power that occurred during the 2000-2001 California electricity

  7. #MarketTrends | OpenEI Community

    Open Energy Info (EERE)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on QA:QA J-E-1 SECTION J APPENDIX ECoop IncIowa (UtilityMichigan)data bookresult formatswindMarketSize Home n/a n/a

  8. U.S. Solar Market Trends

    SciTech Connect (OSTI)

    Larry Sherwood

    2011-04-01

    2010 marked the emergence of the utility sector photovoltaic market. Utility sector photovoltaic installations quadrupled over 2009 installations. The share of utility sector installations of all U.S. grid-connected PV installations grew from virtually none in 2006 to 15 percent in 2009 and 32 percent in 2010. In addition, 2010 saw installation of a 75 MWAC concentrating solar power plant, the largest installed in the U.S. since 1991. In 2010, annual distributed grid-connected PV installations in the United States grew by 62 percent, to 606 MWDC. Photovoltaic arrays were installed at more than 50,000 sites in 2010, a 45 percent increase over the number of installations in 2009. Solar water heating installations increased by 6 percent in 2010, compared with 2009. Solar water heating has shown only two years of higher growth in the last 10 years. Solar pool heating installations increased by 13 percent in 2010, the largest growth in five years.

  9. Assessment of Heating Fuels and Electricity Markets During the...

    Office of Environmental Management (EM)

    of cold temperatures and severe winter weather had strong effects on energy market prices, demand and supply. Events, trends, and market stressors highlighted in this report...

  10. Trends In U.S. Electric Power Transmission

    SciTech Connect (OSTI)

    NONE

    2007-11-15

    The report provides an overview of the changes that are occurring in the industry to implement the goals of improved reliability and reduced congestion costs. As the electric industry works to become a more efficient market, transmission stands as a key link between the competitive generation and the regulated distribution sectors. In this role as a key link, transmission is a major focus of government efforts to improve reliability and reduce congestion costs. The scope of the report is to analyze the dominant reliability, investment, siting, and competition/open access trends that are occurring in the domestic electric transmission industry. Topics covered include: the impact of the 2003 Northeast blackout on reliability rules; the move from voluntary to mandatory reliability standards; the advent of real-time transmission system monitoring; ISO/RTO efforts to improve system reliability; the drivers of government intervention in transmission investment; the move towards incentive-based rates for transmission investment; legislative and regulatory efforts to spur transmission investment to support renewable energy resources; the emergence of merchant transmission; the need for federal backstop authority on regional transmission projects; the designation of national interest electric transmission corridors; FERC Orders on siting transmission; the need for changes in open access and competition regulations; FERC efforts to increase open access and competition; legislative efforts to increase competition; and, current competitive issues in the industry.

  11. Status and Trends in the U.S. Voluntary Green Power Market (2013...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    and Trends in the U.S. Voluntary Green Power Market (2013 Data) The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase...

  12. Status and Trends in the U.S. Voluntary Green Power Market (2011...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    and Trends in the U.S. Voluntary Green Power Market (2011 data) The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase...

  13. Status and Trends in the U.S. Voluntary Green Power Market (2013...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    and Trends in the U.S. Voluntary Green Power Market (2013 edition) The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase...

  14. Status and Trends in the U.S. Voluntary Green Power Market (2012...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    and Trends in the U.S. Voluntary Green Power Market (2012 data) The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase...

  15. Electricity market module: Electricity capacity planning submodule

    SciTech Connect (OSTI)

    NONE

    1996-06-01

    The purpose of this report is to describe modifications to the Electricity Capacity Planning Submodule (ECP) for the Annual Energy Outlook 1996. It describes revisions to enhance the representation of planned maintenance, incorporate technological improvements in operating efficiencies, revise the algorithm for determining international firm power imports, and include risk premiums for new plant construction.

  16. Topics in Electricity Market Design

    E-Print Network [OSTI]

    Li, Ruoyang

    2014-01-01

    uplift costs account for cost socialization. CB in Two-Settlement Electricityuplift costs account for cost socialization. CHAPTER 1. OVERVIEW OF ELECTRICITY

  17. Model documentation: Electricity Market Module, Electricity Fuel Dispatch Submodule

    SciTech Connect (OSTI)

    Not Available

    1994-04-08

    This report documents the objectives, analytical approach and development of the National Energy Modeling System Electricity Fuel Dispatch Submodule (EFD), a submodule of the Electricity Market Module (EMM). The report catalogues and describes the model assumptions, computational methodology, parameter estimation techniques, model source code, and forecast results generated through the synthesis and scenario development based on these components.

  18. Social Welfare implications of demand response programs in competitiv e electricity markets

    E-Print Network [OSTI]

    Boisvert, Richard N.; Neenan, Bernard F.

    2003-01-01

    in Wholesale Electricity Markets”. The Electricity Journal,in Competitive Electricity Markets with and without Time-in Competitive Electricity Markets Prepared by Richard N.

  19. Dynamics of Electricity Markets with Unknown Utility Functions: An Extremum Seeking Control Approach

    E-Print Network [OSTI]

    Ma, Kai; Hu, Guoqiang; Spanos, Costas J

    2014-01-01

    of demand response in electricity markets,” Electric Powerthe dynamics of electricity markets with unknown utilityvolatility in the electricity markets and consider more

  20. Bringing Electric Cars to Market

    E-Print Network [OSTI]

    Sperling, Daniel

    1995-01-01

    as promising alterna- tives to cars driven by internalnot only battery-powered cars, whose ultimate role may beElectric 1 QQ5). Studies, Cars" in In response to these

  1. Identification of Market Power in Large-Scale Electric Energy Markets Bernard C. Lesieutre

    E-Print Network [OSTI]

    Identification of Market Power in Large-Scale Electric Energy Markets Bernard C. Lesieutre Hyung and competitive operation of centrally- dispatched electricity markets. Traditional measures for market power demand and reserve requirements, a centrally-dispatched electricity market provides a transparent

  2. A Unifying Market Power Measure for Deregulated Transmission-Constrained Electricity Markets

    E-Print Network [OSTI]

    Mohsenian-Rad, Hamed

    markets, electricity cannot be stored cheaply; therefore generators have signif- icant short-run capacity1 A Unifying Market Power Measure for Deregulated Transmission-Constrained Electricity Markets concern when designing a deregulated electricity market. In this paper, we propose a new functional market

  3. An Overview of the Operation of Ontario's Electricity Market

    E-Print Network [OSTI]

    Cañizares, Claudio A.

    1 An Overview of the Operation of Ontario's Electricity Market H. Zareipour, Student Member, IEEE electricity market, which opened on May 1, 2002, consists of physical markets for energy and operat- ing reserves as well as a financial market for transmission rights, administered by the Independent Electricity

  4. Hedging and Vertical Integration in Electricity Markets Gilles Chemla

    E-Print Network [OSTI]

    Touzi, Nizar

    Hedging and Vertical Integration in Electricity Markets Ren´e A¨id Gilles Chemla Arnaud Porchet) spot, retail, and forward markets and vertical integration in electricity markets. We develop risk averse. We illustrate our analysis with data from the French electricity market. We would like

  5. A Study of Central Auction Based Wholesale Electricity Markets

    E-Print Network [OSTI]

    Gatti, Nicola

    authority. In- stead, the distribution of electricity to customers takes part in retail markets. The main electricity markets, called retail market, distribu- tors buy electricity from UP and sell it to customers [6]. Italian and worldwide retails market are not governed by any specific rule. In the scientific community

  6. United States of America Electric Energy Market Competition Task Force

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    and Retail Markets for Electric Energy Docket No. AD05 of competition within the wholesale and retail market for electric energy in the United States and to submit to conduct a study and analysis of competition within the wholesale markets and retail markets for electric

  7. Efficiency Impact of Convergence Bidding on the California Electricity Market

    E-Print Network [OSTI]

    Oren, Shmuel S.

    Efficiency Impact of Convergence Bidding on the California Electricity Market Ruoyang Li · Alva J is a financial mechanism that allows market participants, including electricity suppliers, consumers and virtual]. We analyze mar- ket data in the CAISO electric power markets, and empirically test for market

  8. Commitment of Electric Power Generators under Stochastic Market Prices

    E-Print Network [OSTI]

    Mazumdar, Mainak

    that when an electric power producer has the option of trading electricity at market prices, an optimal unitCommitment of Electric Power Generators under Stochastic Market Prices Jorge Valenzuela 1 November 2001 1 Corresponding author. #12;1 Commitment of Electric Power Generators under Stochastic Market

  9. Demand Response in U.S. Electricity Markets: Empirical Evidence

    E-Print Network [OSTI]

    Cappers, Peter

    2009-01-01

    U.S. electric power markets (i.e. , retail and wholesale),power markets. In 2008, customers enrolled in existing wholesale and retail

  10. Model documentation: Electricity Market Module, Electricity Capacity Planning submodule

    SciTech Connect (OSTI)

    Not Available

    1994-04-07

    The National Energy Modeling System (NEMS) is a computer modeling system developed by the Energy Information Administration (EIA). The NEMS produces integrated forecasts for energy markets in the United States by achieving a general equilibrium solution for energy supply and demand. Currently, for each year during the period from 1990 through 2010, the NEMS describes energy supply, conversion, consumption, and pricing. The Electricity Market Module (EMM) is the electricity supply component of the National Energy Modeling System (NEMS). The supply of electricity is a conversion activity since electricity is produced from other energy sources (e.g., fossil, nuclear, and renewable). The EMM represents the generation, transmission, and pricing of electricity. The EMM consists of four main submodules: Electricity Capacity Planning (ECP), Electricity Fuel Dispatching (EFD), Electricity Finance and Pricing (EFP), and Load and Demand-Side Management (LDSM). The ECP evaluates changes in the mix of generating capacity that are necessary to meet future demands for electricity and comply with environmental regulations. The EFD represents dispatching (i.e., operating) decisions and determines how to allocate available capacity to meet the current demand for electricity. Using investment expenditures from the ECP and operating costs from the EFD, the EFP calculates the price of electricity, accounting for state-level regulations involving the allocation of costs. The LDSM translates annual demands for electricity into distributions that describe hourly, seasonal, and time-of-day variations. These distributions are used by the EFD and the ECP to determine the quantity and types of generating capacity that are required to insure reliable and economical supplies of electricity. The EMM also represents nonutility suppliers and interregional and international transmission and trade. These activities are included in the EFD and the ECP.

  11. Trends in Renewable Energy Consumption and Electricity

    Reports and Publications (EIA)

    2012-01-01

    Presents a summary of the nation’s renewable energy consumption in 2010 along with detailed historical data on renewable energy consumption by energy source and end-use sector. Data presented also includes renewable energy consumption for electricity generation and for non-electric use by energy source, and net summer capacity and net generation by energy source and state. The report covers the period from 2006 through 2010.

  12. Market Power in California Electricity Markets Severin Borenstein, James Bushnell, Edward Kahn, and

    E-Print Network [OSTI]

    California at Berkeley. University of

    PWP-036 Market Power in California Electricity Markets Severin Borenstein, James Bushnell, Edward;Market Power in California Electricity Markets Severin Borenstein, James Bushnell, Edward Kahn and Steven Abstract As the electricity industry in California undergoes a process of fundamental restructuring

  13. A Unifying Approach to Assessing Market Power in Deregulated Electricity Markets

    E-Print Network [OSTI]

    Low, Steven H.

    A Unifying Approach to Assessing Market Power in Deregulated Electricity Markets Chenye Wu1 of Technology, 3University of California, Riverside Abstract--A competitive deregulated electricity market with increasingly active market players is foreseen to be the future of the electricity industry. In such settings

  14. EXPERIMENTAL TESTS OF DEREGULATED MARKETS FOR ELECTRIC POWER: MARKET POWER AND SELF COMMITMENT

    E-Print Network [OSTI]

    EXPERIMENTAL TESTS OF DEREGULATED MARKETS FOR ELECTRIC POWER: MARKET POWER AND SELF COMMITMENT 1 markets for electricity are very different from one another. For example, eastern markets have favored. Executive Summary 1.1 Problems with Deregulation The deregulation of the electricity industry in the U

  15. THE MARKETER AS A COMPETITION AGENT IN THE CHILEAN ELECTRIC MARKET

    E-Print Network [OSTI]

    Catholic University of Chile (Universidad Católica de Chile)

    Contracts. The marketer at distribution level (IEA, 2001; Littlechild, 2004) (also called Retail Marketer oTHE MARKETER AS A COMPETITION AGENT IN THE CHILEAN ELECTRIC MARKET Cristina Lemus, Hugh Rudnick, because the figure of the marketer in the electric sector in the world is relatively new and recent

  16. Electric Market and Utility Operation Terminology (Fact Sheet)

    SciTech Connect (OSTI)

    2011-05-03

    This fact sheet is a list of electric market and utility operation terminology for a series of three electricity fact sheets.

  17. Electric Market and Utility Operation Terminology (Fact Sheet)

    SciTech Connect (OSTI)

    Not Available

    2011-05-01

    This fact sheet is a list of electric market and utility operation terminology for a series of three electricity fact sheets.

  18. Benefits of Demand Response in Electricity Markets and Recommendations...

    Office of Environmental Management (EM)

    incentive payments designed to induce lower electricity use at times of high market prices or when grid reliability is jeopardized. Benefits of Demand Response in Electricity...

  19. Investment Efficiency in Competitive Electricity Markets With and Without Time-Varying Retail Prices

    E-Print Network [OSTI]

    Borenstein, Severin; Holland, Stephen P.

    2002-01-01

    and Demand Response in Electricity Markets, October 2002.Kleit. “Metering in Electricity Markets: Should It Be En-in Competitive Electricity Markets With and Without Time-

  20. Biases in Static Oligopoly Models?: Evidence from the California Electricity Market

    E-Print Network [OSTI]

    Kim, Dae-Wook; Knittel, Christopher R.

    2004-01-01

    in California’s Electricity Markets. ” POWER working Pa- perWholesale Electricity Market. ” American Economic Review 92(residual. restructured electricity markets. Given that the

  1. Testing Strategic Models of Firm Behavior in Restructured Electricity Markets: A Case Study of ERCOT

    E-Print Network [OSTI]

    Hortacsu, Ali; Puller, Steven L.

    2004-01-01

    I n California's Wholesale Electricity Market During SummerPJM Wholesale Electricity Market. POWER Working Paper PWP-n California's Deregulated Electricity Market. POWER Working

  2. On the Efficiency of Competitive Electricity Markets With Time-Invariant Retail Prices

    E-Print Network [OSTI]

    Borenstein, Severin; Holland, Stephen P.

    2003-01-01

    Andrew Kleit, “Metering in Electricity Markets: When is Moreand De- mand Response in Electricity Markets, October 2002.of Competitive Electricity Markets With Time-Invariant

  3. The Implementation of California AB 32 and its Impact on Wholesale Electricity Markets

    E-Print Network [OSTI]

    Bushnell, Jim B

    2007-01-01

    its Impact on Wholesale Electricity Markets James Bushnellits Impact on Wholesale Electricity Markets James Bushnell *that the California electricity market is highly integrated

  4. Price Responsive Demand in New York Wholesale Electricity Market using OpenADR

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

    and Demand Response in Electricity Markets." University ofDemand Response in Electricity Markets and Recommendationsof Wholesale Electricity Markets for NYC in Summer

  5. Spot pricing of electricity and ancillary services in a competitive California market.

    E-Print Network [OSTI]

    Siddiqui, Afzal S.; Marnay, Chris; Khavkin, Mark

    2000-01-01

    Designing Competitive Electricity Markets , edited by H.P.Deregulated Wholesale Electricity Market," POWER Workingin competitive electricity markets, the verti- cally

  6. The Distributional and Environmental Effects of Time-Varying Prices in Competitive Electricity Markets

    E-Print Network [OSTI]

    Holland, Stephen P.; MANSUR, ERIN T

    2005-01-01

    Wholesale Electricity Market,” American Economic Review,of Competitive Electricity Markets With Time-Invariantand Demand Response in Electricity Markets, October 2002.

  7. Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium

    E-Print Network [OSTI]

    Limpaitoon, Tanachai

    2012-01-01

    in Emission Permits Oligopolistic Electricity Markets 3.1Regulation on Congested Electricity Market Equilibrium 2.1in California’s electricity market. Journal of Industrial

  8. Economic Consequences of Alternative Solution Methods for Centralized Unit Commitment in Day-Ahead Electricity Markets

    E-Print Network [OSTI]

    Sioshansi, Ramteen; O'Neill, Richard; Oren, Shmuel S

    2008-01-01

    and the evolution of market design,” in Electricity Marketon aspects of electricity market design and has been aIndex Terms—Electricity market design, power systems eco-

  9. Competition and Reliability in North American Electricity Markets...

    Energy Savers [EERE]

    Publications The Relationship between Competitive Power Markets and Grid Reliability. Blackout 2003: Electric System Working Group Technical Conference - Comments and...

  10. Interface Between Engineering and Market Operations in Restructured Electricity Systems

    E-Print Network [OSTI]

    Oren, Shmuel S.

    Interface Between Engineering and Market Operations in Restructured Electricity Systems HUNG began in 1998 in the United States Keywords--Electricity restructuring, market design, market op, IEEE, AND ROBERT WILSON Invited Paper We examine the impact of wholesale markets on operations

  11. High renewable energy penetrations in the Australian National Electricity Market

    E-Print Network [OSTI]

    New South Wales, University of

    Distribution Sector: - DNSPS Electricity flow Multi-region five-minute energy & FCAS markets Intentions, offers by AEMO ­ A multi-region gross wholesale electricity spot market with dynamic intra-regional loss factorsHigh renewable energy penetrations in the Australian National Electricity Market: key challenges

  12. Electricity market equilibrium models: The effect of parametrization

    E-Print Network [OSTI]

    Baldick, Ross

    1 Electricity market equilibrium models: The effect of parametrization Ross Baldick Department-based electricity markets both with and with- out transmission constraints. I will demonstrate constraints. I. Introduction In recent papers discussing electricity markets [1], [2], [3], [4], [5], [6], [7

  13. Plug-In Hybrid Electric Vehicle Market Introduction Study

    E-Print Network [OSTI]

    Pennycook, Steve

    Plug-In Hybrid Electric Vehicle Market Introduction Study SSuummmmaarryy ooff WWoorrkksshhoopp. #12;ORNL/TM-2008/242 Plug-in Hybrid Electric Vehicle Market Introduction Study SUMMARY OF WORKSHOP The Plug-In Hybrid Electric Vehicle (PHEV) Market Introduction Study Workshop was attended by approximately

  14. Mergers in the GB Electricity Market: effects on Retail Charges

    E-Print Network [OSTI]

    Paris-Sud XI, Université de

    Mergers in the GB Electricity Market: effects on Retail Charges N° 2006-08 Mai 2006 Evens SALIES OFCE hal-00972962,version1-3Apr2014 #12;Mergers in the GB Electricity Market: effects on Retail Charges-efficiency as variables relating to price and profitability. The retail electricity market is a case in point, as high

  15. A Study of Central Auction Based Wholesale Electricity Markets

    E-Print Network [OSTI]

    Gatti, Nicola

    with bounded capacity connects all the local regions. The peculiarity of the Italian electricity market laysA Study of Central Auction Based Wholesale Electricity Markets S. Ceppi and N. Gatti Dipartimento, Italy {ceppi,ngatti}@elet.polimi.it Abstract. The deregulation of electricity markets produced

  16. United States of America Electric Energy Market Competition Task Force

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    i United States of America Electric Energy Market Competition Task Force and the Federal Energy and Retail Markets for Electric Energy Docket No. AD05 Act of 2005 requires the Electric Energy Market Competition Task Force to conduct a study and analysis

  17. 2014 U.S. Offshore Wind Market Report: Industry Trends, Technology...

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Stehly, Walt Musial Floating Substructure Sensitivities Global Market Trends * The global offshore wind industry is set to reach a deployment record with 4,000 megawatts (MW)...

  18. Status and Trends in the U.S. Voluntary Green Power Market (2013 edition)

    Broader source: Energy.gov [DOE]

    The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase renewable energy to match all or part of their electricity needs. Voluntary action provides a revenue stream for renewable energy projects and raises consumer awareness of the benefits of renewable energy. There are numerous ways consumers and institutions can purchase renewable energy. Historically, the voluntary market has consisted of three market sectors: (1) utility green pricing programs (in states with regulated electricity markets), (2) competitive suppliers (in states with restructured electricity markets), and (3) unbundled renewable electricity certificate (REC) markets, where RECs are purchased by consumers separately from electricity ("unbundled").

  19. Status and Trends in the U.S. Voluntary Green Power Market (2012 data)

    Broader source: Energy.gov [DOE]

    The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase renewable energy to match all or part of their electricity needs. Voluntary action provides a revenue stream for renewable energy projects and raises consumer awareness of the benefits of renewable energy. There are numerous ways consumers and institutions can purchase renewable energy. Historically, the voluntary market has consisted of three market sectors: (1) utility green pricing programs (in states with regulated electricity markets), (2) competitive suppliers (in states with restructured electricity markets), and (3) unbundled renewable electricity certificate (REC) markets, where RECs are purchased by consumers separately from electricity ("unbundled").

  20. Status and Trends in the U.S. Voluntary Green Power Market (2011 data)

    Broader source: Energy.gov [DOE]

    The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase renewable energy to match all or part of their electricity needs. Voluntary action provides a revenue stream for renewable energy projects and raises consumer awareness of the benefits of renewable energy. There are numerous ways consumers and institutions can purchase renewable energy. Historically, the voluntary market has consisted of three market sectors: (1) utility green pricing programs (in states with regulated electricity markets), (2) competitive suppliers (in states with restructured electricity markets), and (3) unbundled renewable electricity certificate (REC) markets, where RECs are purchased by consumers separately from electricity ("unbundled").

  1. Status and Trends in the U.S. Voluntary Green Power Market (2010 data)

    Broader source: Energy.gov [DOE]

    The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase renewable energy to match all or part of their electricity needs. Voluntary action provides a revenue stream for renewable energy projects and raises consumer awareness of the benefits of renewable energy. There are numerous ways consumers and institutions can purchase renewable energy. Historically, the voluntary market has consisted of three market sectors: (1) utility green pricing programs (in states with regulated electricity markets), (2) competitive suppliers (in states with restructured electricity markets), and (3) unbundled renewable electricity certificate (REC) markets, where RECs are purchased by consumers separately from electricity ("unbundled").

  2. Market power in the England and Wales wholesale electricity [market, 1995-2000

    E-Print Network [OSTI]

    Sweeting, Andrew

    2004-01-01

    This paper shows that generators exercised increasing market power in the England and Wales wholesale electricity market in the second half of the 1990s despite declining market concentration. It examines whether this was ...

  3. A Unifying Approach to Assessing Market Power in Deregulated Electricity Markets

    E-Print Network [OSTI]

    Mohsenian-Rad, Hamed

    -ante. They are useful for tasks such as market design evaluation, merger analysis, operation planning, as wellA Unifying Approach to Assessing Market Power in Deregulated Electricity Markets Chenye Wu1 of Technology, 3University of California, Riverside Abstract--A competitive deregulated electricity market

  4. Market Power and Efficiency in a Computational Electricity Market With Discriminatory Double-Auction Pricing

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    to household, industry, or commercial users in a retail market. Short-run production efficiency in a wholesal1 Market Power and Efficiency in a Computational Electricity Market With Discriminatory Double electricity market operating in the short run under systematically varied concentration and capacity

  5. An Engineering Approach to Monitoring Market Power in Restructured Markets for Electricity

    E-Print Network [OSTI]

    An Engineering Approach to Monitoring Market Power in Restructured Markets for Electricity C Abstract The high average prices and high volatility of prices in many restructured markets for electricity by resolving the dispatch using the optimal nodal prices as offers with no constraints on capacity. Market

  6. Diagnosing Unilateral Market Power in Electricity Reserves Market

    E-Print Network [OSTI]

    Knittel, Christopher R; Metaxoglou, Konstantinos

    2008-01-01

    the re- sult of a market design, where ideological rhetoricthat emerged from the market design, generated millions ofMarket Equilibria under Alternative Auction Designs,” 2002,

  7. Transmission rights and market power on electric power networks

    E-Print Network [OSTI]

    Joskow, Paul L.

    2000-01-01

    We analyze whether and how the allocation of transmission rights associated with the use of electric power networks affects the behavior of electricity generators and electricity consumers with market power. We consider ...

  8. Carbon pricing, nuclear power and electricity markets

    SciTech Connect (OSTI)

    Cameron, R.; Keppler, J. H. [OECD Nuclear Energy Agency, 12, boulevard des Iles, 92130 Issy-les-Moulineaux (France)

    2012-07-01

    In 2010, the NEA in conjunction with the International Energy Agency produced an analysis of the Projected Costs of Electricity for almost 200 power plants, covering nuclear, fossil fuel and renewable electricity generation. That analysis used lifetime costs to consider the merits of each technology. However, the lifetime cost analysis is less applicable in liberalised markets and does not look specifically at the viewpoint of the private investor. A follow-up NEA assessment of the competitiveness of nuclear energy against coal- and gas-fired generation under carbon pricing has considered just this question. The economic competition in electricity markets is today between nuclear energy and gas-fired power generation, with coal-fired power generation not being competitive as soon as even modest carbon pricing is introduced. Whether nuclear energy or natural gas comes out ahead in their competition depends on a number of assumptions, which, while all entirely reasonable, yield very different outcomes. The analysis in this study has been developed on the basis of daily data from European power markets over the last five-year period. Three different methodologies, a Profit Analysis looking at historic returns over the past five years, an Investment Analysis projecting the conditions of the past five years over the lifetime of plants and a Carbon Tax Analysis (differentiating the Investment Analysis for different carbon prices) look at the issue of competitiveness from different angles. They show that the competitiveness of nuclear energy depends on a number of variables which in different configurations determine whether electricity produced from nuclear power or from CCGTs generates higher profits for its investors. These are overnight costs, financing costs, gas prices, carbon prices, profit margins (or mark-ups), the amount of coal with carbon capture and electricity prices. This paper will present the outcomes of the analysis in the context of a liberalised electricity market, looking at the impact of the seven key variables and provide conclusions on the portfolio that a utility would be advised to maintain, given the need to limit risks but also to move to low carbon power generation. Such portfolio diversification would not only limit financial investor risk, but also a number of non-financial risks (climate change, security of supply, accidents). (authors)

  9. Multi-settlement Systems for Electricity Markets: Zonal Aggregation under Network Uncertainty and Market Power1

    E-Print Network [OSTI]

    Oren, Shmuel S.

    1 Multi-settlement Systems for Electricity Markets: Zonal Aggregation under Network Uncertainty alternative market designs for a multi- settlement system for electricity in which the resolution designs. 1. Introduction Over the past decade, wholesale electricity markets have gone through fundamental

  10. Turkey opens electricity markets as demand grows

    SciTech Connect (OSTI)

    McKeigue, J.; Da Cunha, A.; Severino, D. [Global Business Reports (United States)

    2009-06-15

    Turkey's growing power market has attracted investors and project developers for over a decade, yet their plans have been dashed by unexpected political or financial crises or, worse, obstructed by a lengthy bureaucratic approval process. Now, with a more transparent retail electricity market, government regulators and investors are bullish on Turkey. Is Turkey ready to turn the power on? This report closely examine Turkey's plans to create a power infrastructure capable of providing the reliable electricity supplies necessary for sustained economic growth. It was compiled with on-the-ground research and extensive interview with key industrial and political figures. Today, hard coal and lignite account for 21% of Turkey's electricity generation and gas-fired plants account for 50%. The Alfin Elbistan-B lignite-fired plant has attracted criticism for its lack of desulfurization units and ash dam facilities that have tarnished the industry's image. A 1,100 MW hard-coal fired plant using supercritical technology is under construction. 9 figs., 1 tab.

  11. Charges, Costs and Market Power in the Deregulated UK Electricity Retail Market

    E-Print Network [OSTI]

    Feigon, Brooke

    Charges, Costs and Market Power in the Deregulated UK Electricity Retail Market by Evens Salies by competitive forces in unregulated residential energy markets. We assess the competitiveness of the market methods and consumption levels. We also identify any additional market power of incumbency and the effect

  12. Interface between Engineering and Market Operations in Restructured Electricity Systems

    E-Print Network [OSTI]

    1 Interface between Engineering and Market Operations in Restructured Electricity Systems Hung be adapted to the wholesale markets introduced since restructuring began in 1998 in the U.S. Index Terms--Electricity, and Robert Wilson Abstract--We examine the impact of wholesale markets on operations of the bulk power system

  13. Privacy Preserving Smart Metering System Based Retail Level Electricity Market

    E-Print Network [OSTI]

    Franchetti, Franz

    1 Privacy Preserving Smart Metering System Based Retail Level Electricity Market Cory Thoma, Tao technologies which includes load management and retail level electricity market support. Index Terms as the various market functionalities also pose great risks to customer privacy. In this work we propose a secure

  14. Feasibility of Wholesale Electricity Competition in a Developing Country: Insights from Simulating a Market in Maharashtra State, India

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

    Market Power in Electricity Markets: Beyond ConcentrationU.S. Restructured Electricity Markets. ” CSEM Working Paperof the New England Electricity Market. ” CSEM Working Paper

  15. CSEM WP 117 Vertical Integration in Restructured Electricity Markets

    E-Print Network [OSTI]

    California at Berkeley. University of

    to buy in the market in order to provide power to their retail customers at set rates. Second, I accountCSEM WP 117 Vertical Integration in Restructured Electricity Markets: Measuring Market Efficiency Markets (CSEM) Working Paper Series. CSEM is a program of the University of California Energy Institute

  16. CSEM WP 129 Reliability and Competitive Electricity Markets*

    E-Print Network [OSTI]

    California at Berkeley. University of

    mechanisms have been imposed on emerging compet- itive wholesale and retail markets. These mechanisms include and retail electricity markets. These mechanisms include: wholesale market price caps, capacity obligations mechanisms are argued to be justified by imper- fections in the retail or wholesale markets: in particular

  17. Chapter 4. Participating in Markets for Electrical Energy

    E-Print Network [OSTI]

    Ernst, Damien

    the basic principles of electricity markets. Now: we discuss the decisions that generators, consumers: (I) What is the power that should be generated by the unit to maximize profit if electricity canChapter 4. Participating in Markets for Electrical Energy 1 #12;Previously: we have discussed

  18. Modelling the Electricity Market: from Equilibrium Models to Simulation

    E-Print Network [OSTI]

    Lavaei, Javad

    Modelling the Electricity Market: from Equilibrium Models to Simulation Yoann Poirier Abstract - This paper aims at providing an overview of the different models used in order to describe the Electricity the Electricity Market: Cournot Equilibrium, Bertrand Equilibrium and Supply Function Equilibrium. I will make

  19. REVIEW OF MAE RULES FOR THE BRAZILIAN WHOLESALE ELECTRICITY MARKET

    E-Print Network [OSTI]

    Oren, Shmuel S.

    REVIEW OF MAE RULES FOR THE BRAZILIAN WHOLESALE ELECTRICITY MARKET Prepared by Shmuel S. Oren, Ph MAE rules for the Brazilian wholesale electricity market as described in the document distributed for ANEEL, The Brazilian Electricity Regulatory Agency under project BRA/98/019 United Nations Development

  20. Transmission investment and expansion planning in a restructured electricity market

    E-Print Network [OSTI]

    Leung, Ka-Cheong

    Transmission investment and expansion planning in a restructured electricity market F.F Wua,b , F.L. Zhengb,c , F.S. Wena,b, * a Center for Electrical Energy Systems, University of Hong Kong, Pokfulam Road, Guangzhou, 510640, China Abstract Transmission planning in a restructured electricity market becomes

  1. Managing electricity reliability risk through the futures markets

    SciTech Connect (OSTI)

    Siddiqui, Afzal S.

    2000-10-01

    In competitive electricity markets, the vertically integrated utilities that were responsible for ensuring system reliability in their own service territories, or groups of territories, often cease to exist. Typically, the burden falls to an independent system operator (ISO) to insure that enough ancillary services (AS) are available for safe, stable, and reliable operation of the grid, typically defined, in part, as compliance with officially approved engineering specifications for minimum levels of AS. In order to characterize the behavior of market participants (generators, retailers, and an ISO) in a competitive electricity market with reliability requirements, we model a spot market for electricity and futures markets for both electricity and AS. By assuming that each participant seeks to maximize its expected utility of wealth and that all markets clear, we solve for the optional quantities of electricity and AS traded in each market by all participants, as well as the corresponding market-clearing prices. We show that future prices for both electricity and AS depend on expectations of the spot price, statistical aspects of system demand, and production cost parameters. More important, our model captures the fact that electricity and AS are substitute products for the generators, implying that anticipated changes in the spot market will affect the equilibrium futures positions of both electricity and AS. We apply our model to the California electricity and AS markets to test its viability.

  2. Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, Jim; Wolak, Frank A.

    2002-01-01

    in the California Power Exchange Energy Markets." Availableof the Governing Board of the California Power Exchange.was a member of the Power Exchange's Market Monitoring

  3. Trends in Regional Electricity Demands 1995-2012

    E-Print Network [OSTI]

    Trends in Regional Electricity Demands 1995-2012 January 29, 2014 #12;In Today's Conversation Average Megawatts y = 98.985x + 18714 R² = 0.7287 0 5,000 10,000 15,000 20,000 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Actual Load Net of DSI (MWA) 1995

  4. Micro-economic Analysis of the Physical Constrained Markets: Game Theory Application to Competitive Electricity Markets

    E-Print Network [OSTI]

    Bompard, E; Ragazzi, E; Bompard, Ettore; Ma, Yuchao; Ragazzi, Elena

    2006-01-01

    Competition has been introduced in the electricity markets with the goal of reducing prices and improving efficiency. The basic idea which stays behind this choice is that, in competitive markets, a greater quantity of the good is exchanged at a lower and a lower price, leading to higher market efficiency. Electricity markets are pretty different from other commodities mainly due to the physical constraints related to the network structure that may impact the market performance. The network structure of the system on which the economic transactions need to be undertaken poses strict physical and operational constraints. Strategic interactions among producers that game the market with the objective of maximizing their producer surplus must be taken into account when modeling competitive electricity markets. The physical constraints, specific of the electricity markets, provide additional opportunity of gaming to the market players. Game theory provides a tool to model such a context. This paper discussed the a...

  5. Scoping study on trends in the economic value of electricity reliability to the U.S. economy

    SciTech Connect (OSTI)

    Eto, Joseph; Koomey, Jonathan; Lehman, Bryan; Martin, Nathan; Mills, Evan; Webber, Carrie; Worrell, Ernst

    2001-06-01

    During the past three years, working with more than 150 organizations representing public and private stakeholders, EPRI has developed the Electricity Technology Roadmap. The Roadmap identifies several major strategic challenges that must be successfully addressed to ensure a sustainable future in which electricity continues to play an important role in economic growth. Articulation of these anticipated trends and challenges requires a detailed understanding of the role and importance of reliable electricity in different sectors of the economy. This report is intended to contribute to that understanding by analyzing key aspects of trends in the economic value of electricity reliability in the U.S. economy. We first present a review of recent literature on electricity reliability costs. Next, we describe three distinct end-use approaches for tracking trends in reliability needs: (1) an analysis of the electricity-use requirements of office equipment in different commercial sectors; (2) an examination of the use of aggregate statistical indicators of industrial electricity use and economic activity to identify high reliability-requirement customer market segments; and (3) a case study of cleanrooms, which is a cross-cutting market segment known to have high reliability requirements. Finally, we present insurance industry perspectives on electricity reliability as an example of a financial tool for addressing customers' reliability needs.

  6. Interdependencies of Electricity Markets with Gas Markets A Case Study of Transmission System Operators

    E-Print Network [OSTI]

    Dixon, Juan

    ISO-NE PJM Chile Chile Chile USA USA SUMMARY Electricity Energy markets do not operate in isolation1 Interdependencies of Electricity Markets with Gas Markets ­ A Case Study of Transmission System USA Brazil Canada Columbia S. Mocarquer, R. Moreno, H. Rudnick, P. Wong, A. DiCaprio Systep Systep PUC

  7. Allocating Transmission to Mitigate Market Power in Electricity Markets

    E-Print Network [OSTI]

    Gilbert, Richard; Neuhoff, Karsten; Newberry, David

    2002-01-01

    A. In Europe most electricity transmission auctions areare possible on every electricity transmission link in thepassive transmission rights in congested electricity systems

  8. The Implementation of California AB 32 and its Impact on Wholesale Electricity Markets

    E-Print Network [OSTI]

    Bushnell, Jim B

    2007-01-01

    its Impact on Wholesale Electricity Markets James Bushnellits Impact on Wholesale Electricity Markets James Bushnell *gas emissions from electricity and perhaps other industries.

  9. Optimization Online - Convex Hull Pricing in Electricity Markets ...

    E-Print Network [OSTI]

    Dane Schiro

    2015-03-19

    Mar 19, 2015 ... Convex Hull Pricing in Electricity Markets: Formulation, Analysis, and ... Citation: ISO New England, Holyoke, MA 01040 USA (March 2015).

  10. A Game-Theoretical Dynamic Model for Electricity Markets

    E-Print Network [OSTI]

    Oct 6, 2010 ... Abstract: We present a game-theoretical dynamic model for competitive electricity markets.We demonstrate that the model can be used to ...

  11. Electric Wholesale Market Regimes in the United States: Implications...

    Office of Environmental Management (EM)

    Regimes in the United States: Implications for Investment PowerPoint presentation to the Electricity Advisory Committee by Charles Whitmore, Senior Market Advisor at the Federal...

  12. The electric power industry : deregulation and market structure

    E-Print Network [OSTI]

    Thomson, Robert George

    1995-01-01

    The US electricity industry currently consists of vertically integrated regional utilities welding monopolistic power over their own geographic markets under the supervision of state and federally appointed regulators. ...

  13. Electric Markets Technical Assistance Program: FY2001 Grant Descriptio...

    Energy Savers [EERE]

    Descriptions and Contact Information Electric Markets Technical Assistance Program: FY2001 Grant Descriptions and Contact Information Grant descriptions and contact information...

  14. Demand Response in U.S. Electricity Markets: Empirical Evidence

    E-Print Network [OSTI]

    Cappers, Peter

    2009-01-01

    Reliability Corporation. Demand response data task force:Energy. Benefits of demand response in electricity marketsAssessment of demand response & advanced metering, staff

  15. Essays in Competition and Investment in Electricity Market 

    E-Print Network [OSTI]

    Tang, Xin

    2014-11-07

    Many jurisdiction has opened retail electricity markets to competition. In Texas, retailers offer hundreds of electricity plans with different prices. The first paper uses search cost and product differentiation to explain the price dispersion using...

  16. Investigating Wireless Charging and Mobility of Electric Vehicles on Electricity Market

    E-Print Network [OSTI]

    Zhuang, Weihua

    1 Investigating Wireless Charging and Mobility of Electric Vehicles on Electricity Market Chia inconvenient vehicle stops at charging stations, the on-road wireless charging of electric vehicles (EVs for this application, i.e., the impact of wireless charging and mobility of EVs on the wholesale electricity market

  17. Charges, Costs and Market Power: the Deregulated UK Electricity Retail Market

    E-Print Network [OSTI]

    Boyer, Edmond

    1 Charges, Costs and Market Power: the Deregulated UK Electricity Retail Market Evens Salies market was opened for the first time in 1999, introducing choice of supplier, and about 40% of households this process and assess the competitiveness of the market by examining how the charges levied by suppliers

  18. The Impact of Imperfect Permit Market on Congested Electricity Market Equilibrium

    E-Print Network [OSTI]

    Oren, Shmuel S.

    The Impact of Imperfect Permit Market on Congested Electricity Market Equilibrium Tanachai Limpaitoon, Yihsu Chen, Shmuel S. Oren The impact and efficacy of a cap-and-trade regulation on electric, and strategic behavior of generation firms. This paper develops an equilibrium model of an oligopoly electricity

  19. TWO-SETTLEMENT SYSTEMS FOR ELECTRICITY MARKETS: ZONAL AGGREGATION UNDER NETWORK UNCERTAINTY AND MARKET POWER

    E-Print Network [OSTI]

    TWO-SETTLEMENT SYSTEMS FOR ELECTRICITY MARKETS: ZONAL AGGREGATION UNDER NETWORK UNCERTAINTY}@ieor.berkeley.edu Abstract We analyze welfare properties of two-settlement systems for electricity in the presence of network designs adopted or proposed for many electricity markets around the world. In particular, we examine

  20. Diagnosing Unilateral Market Power in Electricity Reserves Market

    E-Print Network [OSTI]

    Knittel, Christopher R; Metaxoglou, Konstantinos

    2008-01-01

    Power, LLC DETM Duke Energy Trading and Marketing, LLC ECH1KET3 Entergy-Koch Energy Trading, Inc. LDWP Los AngelesMarketing, LP SETC Sempra Energy Trading Company SRP1 Salt

  1. Diagnosing Unilateral Market Power in Electricity Reserves Market

    E-Print Network [OSTI]

    Knittel, Christopher R; Metaxoglou, Konstantinos

    2008-01-01

    Azusa BPA1 Bonneville Power Administration CDWR CaliforniaBonneville (BPA1) is one of the four power marketing administrations

  2. Vertical Integration in Restructured Electricity Markets: Measuring Market Efficiency and Firm Conduct

    E-Print Network [OSTI]

    Mansur, Erin T.

    2003-01-01

    California electricity market, BBW use a Monte Carlo simulation to account for the convex relationship between the uncertain availability of power plants

  3. A FRAMEWORK FOR ELECTRICITY MARKET MONITORING Teoman Gler

    E-Print Network [OSTI]

    Gross, George

    A FRAMEWORK FOR ELECTRICITY MARKET MONITORING Teoman Güler University of Illinois at Urbana-Champaign Urbana, IL USA tguler@uiuc.edu George Gross University of Illinois at Urbana-Champaign Urbana, IL USA gross@uiuc.edu Abstract ­ The experiences to date with the im- plementation of electricity markets

  4. C. Mensah-Bonsu, S. Oren California Electricity Market Crisis

    E-Print Network [OSTI]

    froze retail rates at low levels and banked on low whole- sale prices to support a profit mar- gin highC. Mensah-Bonsu, S. Oren California Electricity Market Crisis: Causes, Remedies, and Prevention The competitive electric power market of the state of California began operation on 31 March 1998

  5. C. Mensah-Bonsu, S. Oren California Electricity Market Crisis

    E-Print Network [OSTI]

    Oren, Shmuel S.

    to serve remain- ing customers. G California froze retail rates at low levels and banked on low whole- saleC. Mensah-Bonsu, S. Oren California Electricity Market Crisis: Causes, Remedies, and Prevention The competitive electric power market of the state of California began operation on 31 March 1998

  6. Environmental Regulation in Oligopoly Markets: A Study of Electricity Restructuring

    E-Print Network [OSTI]

    California at Berkeley. University of

    PWP-088 Environmental Regulation in Oligopoly Markets: A Study of Electricity Restructuring Erin T Regulation (POWER). POWER is a program of the University of California Energy Institute, a multicampus Regulation in Oligopoly Markets: A Study of Electricity Restructuring Erin T. Mansur April 6, 2004 Abstract

  7. Cost trends and government incentives in the California photovoltaics market, 2007-2008

    E-Print Network [OSTI]

    Wang Yan, S.B. Massachusetts Institute of Technology

    2009-01-01

    The focus of this thesis is to analyze cost trends and government incentives in the California PV market during 2007-2008. The data show that pre-rebate system costs increased in California during this time period and that ...

  8. BPD Webinar: Analyze Building Energy Data, Understand Market Trends, Inform Decisions (Text Version)

    Broader source: Energy.gov [DOE]

    Below is the text version of the webinar for the Building Performance Database: Analyze Building Energy Data, Understand Market Trends, Inform Decisions, presented in October 2015. Watch the webinar.

  9. 2013 Data Update: Trends and Market Forces Shaping Small Community Air Service in the United States

    E-Print Network [OSTI]

    Wittman, M.D.

    2014-05-20

    This document is an update to MIT Small Community Air Service White Paper No. 1—Trends and Market Forces Shaping Small Community Air Service in the United States1. This report provides updated analysis and data appendices ...

  10. EIA model documentation: Electricity market module - electricity fuel dispatch

    SciTech Connect (OSTI)

    1997-01-01

    This report documents the National Energy Modeling System Electricity Fuel Dispatch Submodule (EFD), a submodule of the Electricity Market Module (EMM) as it was used for EIA`s Annual Energy Outlook 1997. It replaces previous documentation dated March 1994 and subsequent yearly update revisions. The report catalogues and describes the model assumptions, computational methodology, parameter estimation techniques, model source code, and forecast results generated through the synthesis and scenario development based on these components. This document serves four purposes. First, it is a reference document providing a detailed description of the model for reviewers and potential users of the EFD including energy experts at the Energy Information Administration (EIA), other Federal agencies, state energy agencies, private firms such as utilities and consulting firms, and non-profit groups such as consumer and environmental groups. Second, this report meets the legal requirement of the Energy Information Administration (EIA) to provide adequate documentation in support of its statistical and forecast reports. Third, it facilitates continuity in model development by providing documentation which details model enhancements that were undertaken for AE097 and since the previous documentation. Last, because the major use of the EFD is to develop forecasts, this documentation explains the calculations, major inputs and assumptions which were used to generate the AE097.

  11. Wind power forecasting in U.S. electricity markets.

    SciTech Connect (OSTI)

    Botterud, A.; Wang, J.; Miranda, V.; Bessa, R. J.; Decision and Information Sciences; INESC Porto

    2010-04-01

    Wind power forecasting is becoming an important tool in electricity markets, but the use of these forecasts in market operations and among market participants is still at an early stage. The authors discuss the current use of wind power forecasting in U.S. ISO/RTO markets, and offer recommendations for how to make efficient use of the information in state-of-the-art forecasts.

  12. Wind power forecasting in U.S. Electricity markets

    SciTech Connect (OSTI)

    Botterud, Audun; Wang, Jianhui; Miranda, Vladimiro; Bessa, Ricardo J.

    2010-04-15

    Wind power forecasting is becoming an important tool in electricity markets, but the use of these forecasts in market operations and among market participants is still at an early stage. The authors discuss the current use of wind power forecasting in U.S. ISO/RTO markets, and offer recommendations for how to make efficient use of the information in state-of-the-art forecasts. (author)

  13. Customer reponse to day-ahead wholesale market electricity prices: Case study of RTP program experience in New York

    E-Print Network [OSTI]

    2004-01-01

    in Competitive Electricity Markets” Lawrence BerkeleyDemand Response in Electricity Markets , Hewlitt Foundationin Competitive Electricity Markets , A. Faruqui and K.

  14. An R & D Agenda to enhance electricity system reliability by increasing customer participation in emerging competitive markets

    E-Print Network [OSTI]

    2000-01-01

    view participation in electricity markets as their primaryin competitive electricity markets will require much morethe competitive electricity market place. Pioneer Promising

  15. Feasibility of Wholesale Electricity Competition in a Developing Country: Insights from Simulating a Market in Maharashtra State, India

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

    of Generation Capacity in the MH Electricity Market In thegeneration capacity in the MH electricity market compared tocapacity in a potential wholesale electricity market in MH

  16. Diagnosing Unilateral Market Power in Electricity Reserves Market

    E-Print Network [OSTI]

    Knittel, Christopher R; Metaxoglou, Konstantinos

    2008-01-01

    in the Cal- ifornia Power Exchange Energy Markets: Preparedof the California Power Exchange,” [7] Bolle, F. , “SupplyServices APX1 Automated Power Exchange, Inc. AZUA City of

  17. Diagnosing Unilateral Market Power in Electricity Reserves Market

    E-Print Network [OSTI]

    Knittel, Christopher R; Metaxoglou, Konstantinos

    2008-01-01

    Coral Power, LLC DETM Duke Energy Trading and Marketing, LLCPower Services Company GLEN City of Glendale KET3 Entergy-Koch Energy Trading,Power Exchange (CALPX) SCE1 Southern California Edison SCEM Southern Company Energy Marketing, LP SETC Sempra Energy Trading

  18. Mitigating Market Power in Deregulated Electricity Markets Seth Blumsack1

    E-Print Network [OSTI]

    Blumsack, Seth

    or transmission, will increase costs past the point of efficiency savings from restructuring. Additional University Abstract Conventional measures of market structure used by economists, such as the Herfindahl will likely decrease system operating efficiency. Long-term contracts will not mitigate market power unless

  19. EVALUATING INDIVIDUAL MARKET POWER IN ELECTRICITY MARKETS VIA AGENT-BASED SIMULATION

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    not exert a significant influence on market prices. One, British Energy (BE), was quite a large generator), and Borenstein, Bushnell and Knittel (1999); c) Analysis of market equilibrium, e.g., Green and Newbery (1992 in the England and Wales (E&W) electricity market was achieved by Green and Newbery (1992) using the supply

  20. Ensuring Generation Adequacy in Competitive Electricity Markets

    E-Print Network [OSTI]

    Oren, Shmuel S.

    2003-01-01

    California, equilibrium between the energy and ancillary service market dictates that energy bids are raised by the opportunity cost

  1. Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, Jim; Wolak, Frank A.

    2002-01-01

    marginal cost of supplying electrical energy in California.California Energy Commission's dataset on WSCC generation for use with General Electric's MAPS multi-area production costcosts of the underlying commodity, electrical energy. In January of 2001, the PX ceased operation and the California

  2. Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium

    E-Print Network [OSTI]

    Limpaitoon, Tanachai

    2012-01-01

    the California’s electricity transmission and distributionelectricity markets with strategic behavior and transmission.regulation on transmission-constrained electricity market.

  3. Review of Sector and Regional Trends in U.S. Electricity Markets. Focus on Natural Gas. Natural Gas and the Evolving U.S. Power Sector Monograph Series. Number 1 of 3

    SciTech Connect (OSTI)

    Logan, Jeffrey; Medlock, III, Kenneth B.; Boyd, William C.

    2015-10-01

    This study explores dynamics related to natural gas use at the national, sectoral, and regional levels, with an emphasis on the power sector. It relies on a data set from SNL Financial to analyze recent trends in the U.S. power sector at the regional level. The research aims to provide decision and policy makers with objective and credible information, data, and analysis that informs their discussions of a rapidly changing energy system landscape. This study also summarizes regional changes in natural gas demand within the power sector. The transition from coal to natural gas is occurring rapidly along the entire eastern portion of the country, but is relatively stagnant in the central and western regions. This uneven shift is occurring due to differences in fuel price costs, renewable energy targets, infrastructure constraints, historical approach to regulation, and other factors across states.

  4. Modifications to incorporate competitive electricity prices in the annual energy outlook 1998 - electricity market module

    SciTech Connect (OSTI)

    1998-02-01

    The purpose of this report is to describe modifications to the Electricity Market Module (EMM) for the Annual Energy Outlook 1998. It describes revisions necessary to derive competitive electricity prices and the corresponding reserve margins.

  5. The Role of Electricity Markets and Market Design in Integrating Solar Generation: Solar Integration Series. 2 of 3 (Brochure)

    SciTech Connect (OSTI)

    Solar Energy Technologies Program

    2011-05-03

    The second out of a series of three fact sheets describing the role of electricity markets and market design in integrating solar generation.

  6. Diagnosing and mitigating market power in Chile's electricity industry

    E-Print Network [OSTI]

    Arellano, María Soledad

    2003-01-01

    This paper examines the incentives to exercise market power that generators would face and the different strategies that they would follow if all electricity supplies in Chile were traded in an hourly-unregulated spot ...

  7. Competitive electricity markets and investment in new generating capacity

    E-Print Network [OSTI]

    Joskow, Paul L.

    2006-01-01

    Evidence from the U.S. and some other countries indicates that organized wholesale markets for electrical energy and operating reserves do not provide adequate incentives to stimulate the proper quantity or mix of generating ...

  8. Three essays on market power in Chile's electricity industry

    E-Print Network [OSTI]

    Arellano, María Soledad, 1971-

    2003-01-01

    This thesis examines the incentives to exercise market power that generators would face and the different strategies that they would follow if all electricity supplies in Chile were traded in an hourly-unregulated spot ...

  9. Convex Hull Pricing in Electricity Markets: Formulation, Analysis ...

    E-Print Network [OSTI]

    Dane Schiro

    2015-05-01

    May 1, 2015 ... Since a majority of electricity market problems include transmission constraints and ... intervals, a meshed network with transmission constraints, losses, ...... Each current ISO pricing method is flexible in terms of mathematical ...

  10. Modeling EU electricity market competition using the residual supply index

    SciTech Connect (OSTI)

    Swinand, Gregory; Scully, Derek; Ffoulkes, Stuart; Kessler, Brian

    2010-11-15

    An econometric approach to related hourly Residual Supply Index to price-cost margins in the major EU electricity generation markets suggests that market structure, as measured by the RSI, is a significant explanatory factor for markups, even when scarcity and other explanatory variables are included. (author)

  11. Randomized Auction Design for Electricity Markets between Grids and Microgrids

    E-Print Network [OSTI]

    Li, Zongpeng

    Randomized Auction Design for Electricity Markets between Grids and Microgrids Linquan Zhang Dept power markets with grid-to-microgrid and microgrid-to-grid energy sales are studied, with an auction of algorithms General Terms Algorithms, Design, Economics Keywords Power Grid; Microgrids; Unit Commitment

  12. Chapter 5. Transmission networks and electricity markets

    E-Print Network [OSTI]

    Ernst, Damien

    of the world: assumptions that electrical energy can be traded as if all generators were connected to the same for electrical energy. In this lesson: we study the effects that a transmission network has on trading of electrical energy and the special techniques that can be used to hedge against these limitations. 2 #12

  13. Electricity Market DesignElectricity Market Design An Agent-Based ComputationalAn Agent-Based Computational

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    (Halseth, von der Fehr,...); Stanford (Wilson, Wolak,...); ... n Human-Subject Experiments: ­ Cornell: Computational laboratories n Basic Approach: Culture-dish experiments #12;Culture Dish Analogy n Virtual experiments... #12;Economic Research on Electricity Market Design (www

  14. Export demand response in the Ontario electricity market

    SciTech Connect (OSTI)

    Peerbocus, Nash; Melino, Angelo

    2007-11-15

    Export responses to unanticipated price shocks can be a key contributing factor to the rapid mean reversion of electricity prices. The authors use event analysis - a technique more familiar from financial applications - to demonstrate how hourly export transactions respond to negative supply shocks in the Ontario electricity market. (author)

  15. Modeling of Suppliers' Learning Behaviors in an Electricity Market Environment

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    Modeling of Suppliers' Learning Behaviors in an Electricity Market Environment Nanpeng Yu* Chen as a multi-agent system with interacting agents including supplier agents, Load Serving Entities that, with Q-Learning, electricity suppliers are making more profits compared to the scenario without

  16. Utility Marketing Strategies and Pricing Trends (An Overview) 

    E-Print Network [OSTI]

    Reynolds, S.

    1989-01-01

    's economic health depends I chair this tutorial having firsthand upon the continued success of its customers. experience of the value to a utility of fostering trusting relationships with the industrial To work, a utility's marketing strategy and customers... and provide a sound fiscal it can as a utility to meet those needs. footing for the utility, and yet still be attractive to industry and encourage the economic This tutorial panel consists of national development of the region. However, lower rates experts...

  17. Marketing Reordering of the Electric Utility Industry 

    E-Print Network [OSTI]

    Anderson, J. A.

    1986-01-01

    to residentials is: consume more, particularly at times of system peak(s), rather than conserve. Residentials would conserve or consume less if they were sent proper price signals. Substitutes: There are few substitutes for electricity. For example... of all electricity consumed in the United States. We require an adequate and re liable supply of electricity at reasonable prices, so as you can imagine, we have a continuing inter est in all aspects of the production, pricing, and delivery...

  18. Firm-based Measurements of Market Power in Transmission-Constrained Electricity

    E-Print Network [OSTI]

    Baldick, Ross

    Firm-based Measurements of Market Power in Transmission-Constrained Electricity Markets: Technical: Transmission constraints, electricity markets, market power, market power index, residual supply index. 1 approaches to analyzing firm-based market power con- sidering transmission constraints are proposed. One

  19. Electricity market reform in the European Union : review of progress towards liberalisation and integration

    E-Print Network [OSTI]

    Jamasb, Tooraj

    2005-01-01

    The energy market liberalisation process in Europe is increasingly focused on electricity market integration and related cross border issues. This signals that the liberalisation of national electricity markets is now ...

  20. Hydrocarbon Gas Liquids (HGL): Recent Market Trends and Issues

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices1Markets See full Hydrocarbon Gas Liquids (HGL):

  1. Environmental Policies for a Restructured Electricity Market: A Survey of State Initiatives

    E-Print Network [OSTI]

    Delaware, University of

    #12;Environmental Policies for a Restructured Electricity Market: A Survey of State Initiatives. John Byrne Director #12;TABLE OF CONTENTS Environmental Policies for a Restructured Electricity Market, the report surveys electricity restructuring "best practice" strategies in ten states. These strategies

  2. Offshore Lubricants Market Trends | OpenEI Community

    Open Energy Info (EERE)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on QA:QA J-E-1 SECTION J APPENDIXsourceII Jump to:Information 3rd|Northfork ElectricName01988)IIslands LtdSize

  3. U.S. Natural Gas Markets: Recent Trends and Prospects for the Future

    Reports and Publications (EIA)

    2001-01-01

    The purpose of this study is to examine recent trends and prospects for the future of the U.S. natural gas market. Natural gas prices rose dramatically in 2000 and remained high through the first part of 2001, raising concerns about the future of natural gas prices and potential for natural gas to fuel the growth of the U.S. economy.

  4. Towards a Service-Oriented Energy Market: Current state and trend

    E-Print Network [OSTI]

    Aiello, Marco

    Towards a Service-Oriented Energy Market: Current state and trend Giuliano Andrea Pagani and Marco, The Netherlands {g.a.pagani,m.aiello}@rug.nl Abstract. The energy sector, which has traditionally been to produce, deal and transport energy, and energy consumers are now in the position to also produce and trade

  5. 2010 Solar Technologies Market Report

    SciTech Connect (OSTI)

    Not Available

    2011-11-01

    The U.S. Department of Energy (DOE) 2010 Solar Technologies Market Report details the market conditions and trends for photovoltaic (PV) and concentrating solar power (CSP) technologies. Produced by the National Renewable Energy Laboratory (NREL), the report provides a comprehensive overview of the solar electricity market and identifies successes and trends within the market from both global and national perspectives.

  6. Electric vehicles move closer to market

    SciTech Connect (OSTI)

    O`Connor, L.

    1995-03-01

    This article reports that though battery technology is currently limiting the growth of EVs, the search for improvements is spurring innovative engineering developments. As battery makers, automakers, national laboratories, and others continue their search for a practical source of electric power that will make electric vehicles (EVs) more viable, engineers worldwide are making progress in other areas of EV development. Vector control, for example, enables better regulation of motor torque and speed; composite and aluminum parts reduce the vehicle`s weight, which in turn reduces the load on the motor and battery; and flywheel energy storage systems, supercapacitors, regenerative brake systems, and hybrid/electric drive trains increase range and acceleration. Despite efforts to develop an electric vehicle from the ground up, most of the early EVs to be sold in the United States will likely be converted from gasoline-powered vehicles. Chrysler Corp., for example, is expected to sell electric versions of its minivans and build them on the same assembly line as its gasoline-powered vehicles to reduce costs. The pace of engineering development in this field is fast and furious. Indeed, it is virtually impossible to monitor all emerging EV technology. To meet their quotas, the major automakers may even consider buying credits from smaller, innovative EV manufacturers. But whatever stopgap measures vehicle makers take, technology development will be the driving force behind long-term EV growth.

  7. Will electricity market reform likely reduce retail rates?

    SciTech Connect (OSTI)

    Woo, C.K.; Zarnikau, Jay

    2009-03-15

    To win public support, proponents for electricity market reform to introduce competition often promise that the post-reform retail rates will be lower than the average embedded cost rates that would have prevailed under the status quo of a regulated monopoly. A simple economic analysis shows that such a promise is unlikely to occur without the critical assumption that the post-reform market has marginal costs below average costs. (author)

  8. Electricity Bill Savings from Residential Photovoltaic Systems: Sensitivities to Changes in Future Electricity Market Conditions

    E-Print Network [OSTI]

    Darghouth, Naim

    2014-01-01

    the amount of future renewable energy (RE) deployment is notFuture Electricity Market Conditions Prepared for the Office of Energy Efficiency and Renewablefuture changes. For example, higher penetrations of renewable energy

  9. Outline Introduction Literature Review Electric Power Supply Chains Empirical Examples Conclusions An Integrated Electric Power Supply Chain and Fuel Market

    E-Print Network [OSTI]

    Nagurney, Anna

    An Integrated Electric Power Supply Chain and Fuel Market Network Framework: Theoretical Modeling with Empirical Supply Chains and Fuel Markets In the U.S., electric power generation accounts for 30% of the natural gas Supply Chains and Fuel Markets (Cont'd) The interactions between electric power supply chains and fuel

  10. Market Power and Technological Bias: The Case of Electricity Generation

    E-Print Network [OSTI]

    Twomey, Paul; Neuhoff, Karsten

    2006-03-14

    .twomey@econ.cam.ac.uk, karsten.neuhoff@econ.cam.ac.uk. 1 1 Introduction Renewable energy technologies are playing an increasingly important role in the portfolio mix of electricity generation. However, the intermittent nature of output from wind turbines and solar panels... . This intermittency discount is not a market failure but simply reflects the value of electricity provided by different technologies. Building on this base case the paper assesses the impact of monopolist and strategic behaviour of conventional generation companies...

  11. Load As A Reliability Resource in the Restructured Electricity Market

    SciTech Connect (OSTI)

    Kueck, J.D.

    2002-06-10

    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 in demand elasticity could dramatically reduce these extremes in price volatility. There is a strong need for dramatically increased customer participation in these markets to enhance system reliability and reduce price volatility. Indeed, allowing customers to manage their loads in response to system conditions might be thought of as the ultimate reliability resource. Most would agree that meaningful demand-side responses to price are the hallmark of a well-functioning competitive market [1]. Yet, in today's markets for electricity, little or no such response is evident. The reason is simple: customers currently do not experience directly the time-varying costs of their consumption decisions. Consequently, they have no incentive to modify these decisions in ways that might enhance system reliability or improve the efficiency of the markets in which electricity is traded. Increased customer participation is a necessary step in the evolution toward more efficient markets for electricity and ancillary services. This scoping report provides a three-part assessment of the current status of efforts to enhance the ability of customer's load to participate in competitive markets with a specific focus on the role of customer loads in enhancing electricity system reliability. First, this report considers the definitions of electricity-reliability-enhancing ancillary services (Section 2) and a preliminary assessment of the ability of customer's loads to provide these services. Second, is a review a variety of programs in which load has been called on as a system reliability resource (Section 3). These experiences, drawn from both past and current utility and ISO programs, focus on programs triggered by system condition (e.g., forecast reserves fall below a threshold), rather than those triggered by price (e.g., real-time prices). Third, the report examines the status of the underlying metering, communication, and control technologies required to enable customer loads to participate in competitive electricity markets (Section 4). Following the three-part assessment, we offer preliminary thoughts on directions for future research (Section 5).

  12. THE ELECTRICITY RETAIL MARKET: REQUERIMENTS FOR AN E-BUSINESS SYSTEM

    E-Print Network [OSTI]

    Monteiro, Edmundo

    THE ELECTRICITY RETAIL MARKET: REQUERIMENTS FOR AN E-BUSINESS SYSTEM Victor Santos ISCAC takes pace in the wholesale market where the retailers acquire the electricity that will sell of the technological structure for an electricity retail company in a deregulated electricity market are identified

  13. Hedging Quantity Risks with Standard Power Options in a Competitive Wholesale Electricity Market

    E-Print Network [OSTI]

    Oren, Shmuel S.

    Hedging Quantity Risks with Standard Power Options in a Competitive Wholesale Electricity MarketScience (www.interscience.wiley.com). Abstract: This paper addresses quantity risk in the electricity market-serving entity, which provides electricity service at a regulated price in electricity markets with price

  14. SUPERGAMES IN ELECTRICITY MARKETS: BEYOND THE NASH EQUILIBRIUM CONCEPT

    E-Print Network [OSTI]

    SUPERGAMES IN ELECTRICITY MARKETS: BEYOND THE NASH EQUILIBRIUM CONCEPT Pedro Correia, Thomas away from the best-response equilibrium strategies provided by Nash so- lutions. Although Nash, and the solutions pre- scribed by this game are Nash equilibria [4], either in pure or in mixed strategies. When

  15. Saving Opportunities in the Restructured Texas Electric Market 

    E-Print Network [OSTI]

    Smolen, P.; Fox, M.

    2003-01-01

    This paper will discuss the opportunities available to businesses, industries, and public entities in the restructured electric market in Texas. We will provide a case study of the demand side and supply side options that have been used by the City...

  16. Electricity Markets Meet the Home through Demand Response Lazaros Gkatzikis

    E-Print Network [OSTI]

    Electricity Markets Meet the Home through Demand Response Lazaros Gkatzikis CERTH, University Hegde, Laurent Massouli´e Technicolor Paris Research Lab Paris, France Abstract-- Demand response (DR the alternative option of dynamic demand adaptation. In this direction, demand response (DR) programs provide

  17. An Examination of Temporal Trends in Electricity Reliability Based on Reports from U.S. Electric Utilities

    SciTech Connect (OSTI)

    Eto, Joseph H.; LaCommare, Kristina Hamachi; Larsen, Peter; Todd, Annika; Fisher, Emily

    2012-01-06

    Since the 1960s, the U.S. electric power system has experienced a major blackout about once every 10 years. Each has been a vivid reminder of the importance society places on the continuous availability of electricity and has led to calls for changes to enhance reliability. At the root of these calls are judgments about what reliability is worth and how much should be paid to ensure it. In principle, comprehensive information on the actual reliability of the electric power system and on how proposed changes would affect reliability ought to help inform these judgments. Yet, comprehensive, national-scale information on the reliability of the U.S. electric power system is lacking. This report helps to address this information gap by assessing trends in U.S. electricity reliability based on information reported by electric utilities on power interruptions experienced by their customers. Our research augments prior investigations, which focused only on power interruptions originating in the bulk power system, by considering interruptions originating both from the bulk power system and from within local distribution systems. Our research also accounts for differences among utility reliability reporting practices by employing statistical techniques that remove the influence of these differences on the trends that we identify. The research analyzes up to 10 years of electricity reliability information collected from 155 U.S. electric utilities, which together account for roughly 50% of total U.S. electricity sales. The questions analyzed include: 1. Are there trends in reported electricity reliability over time? 2. How are trends in reported electricity reliability affected by the installation or upgrade of an automated outage management system? 3. How are trends in reported electricity reliability affected by the use of IEEE Standard 1366-2003?

  18. Predictability of price movements in deregulated electricity markets

    E-Print Network [OSTI]

    Uritskaya, Olga Y

    2015-01-01

    In this paper we investigate predictability of electricity prices in the Canadian provinces of Alberta and Ontario, as well as in the US Mid-C market. Using scale-dependent detrended fluctuation analysis, spectral analysis, and the probability distribution analysis we show that the studied markets exhibit strongly anti-persistent properties suggesting that their dynamics can be predicted based on historic price records across the range of time scales from one hour to one month. For both Canadian markets, the price movements reveal three types of correlated behavior which can be used for forecasting. The discovered scenarios remain the same on different time scales up to one month as well as for on- and off- peak electricity data. These scenarios represent sharp increases of prices and are not present in the Mid-C market due to its lower volatility. We argue that extreme price movements in this market should follow the same tendency as the more volatile Canadian markets. The estimated values of the Pareto indi...

  19. Model documentation: Electricity market module, electricity finance and pricing submodule

    SciTech Connect (OSTI)

    Not Available

    1994-04-07

    The purpose of this report is to define the objectives of the model, describe its basic approach, and provide detail on how it works. The EFP is a regulatory accounting model that projects electricity prices. The model first solves for revenue requirements by building up a rate base, calculating a return on rate base, and adding the allowed expenses. Average revenues (prices) are calculated based on assumptions regarding regulator lag and customer cost allocation methods. The model then solves for the internal cash flow and analyzes the need for external financing to meet necessary capital expenditures. Finally, the EFP builds up the financial statements. The EFP is used in conjunction with the National Energy Modeling System (NEMS). Inputs to the EFP include the forecast generating capacity expansion plans, operating costs, regulator environment, and financial data. The outputs include forecasts of income statements, balance sheets, revenue requirements, and electricity prices.

  20. Econophysical Dynamics of Market-Based Electric Power Distribution Systems

    E-Print Network [OSTI]

    Nicolas Ho; David P. Chassin

    2006-02-09

    As energy markets begin clearing at sub-hourly rates, their interaction with load control systems becomes a potentially important consideration. A simple model for the control of thermal systems using market-based power distribution strategies is proposed, with particular attention to the behavior and dynamics of electric building loads and distribution-level power markets. Observations of dynamic behavior of simple numerical model are compared to that of an aggregate continuous model. The analytic solution of the continuous model suggests important deficiencies in each. The continuous model provides very valuable insights into how one might design such load control system and design the power markets they interact with. We also highlight important shortcomings of the continuous model which we believe must be addressed using discrete models.

  1. Electric Market and Utility Operation Terminology (Fact Sheet), Solar Energy Technologies Program (SETP)

    Broader source: Energy.gov [DOE]

    This fact sheet is a list of electric market and utility operation terminology for a series of three electricity fact sheets.

  2. Price Responsive Demand in New York Wholesale Electricity Market using OpenADR

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

    Advanced Metering, and Demand Response in Electricity2006. Benefits of Demand Response in Electricity Markets and2010. Open Automated Demand Response Technologies for

  3. Configuring load as a resource for competitive electricity markets--Review of demand response programs in the U.S. and around the world

    E-Print Network [OSTI]

    Heffner, Grayson C.

    2002-01-01

    FOR COMPETITIVE ELECTRICITY MARKETS – REVIEW OF DEMANDFOR COMPETITIVE ELECTRICITY MARKETS – REVIEW OF DEMANDof regional and national electricity markets in the U.S. and

  4. Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

    payments in imperfect electricity markets: Need and design.Economics of Renewable Electricity Market Integration. Angeneration in the Irish electricity market, in: 30th IAEE/

  5. An institutional frame to compare alternative market designs in EU electricity balancing

    E-Print Network [OSTI]

    Glachant, Jean-Michel

    2007-01-01

    The so-called "electricity wholesale market" is, in fact, a sequence of several markets. The chain is closed with a provision for "balancing," in which energy from all wholesale markets is balanced under the authority of ...

  6. Abstract--In models of imperfect competition of deregulated electricity markets, the key task is to find the Nash equilibrium

    E-Print Network [OSTI]

    Baldick, Ross

    1 Abstract--In models of imperfect competition of deregulated electricity markets, the key task techniques are adopted in this paper. Two example application problems arising from electricity markets Terms-- Bimatrix Game, Complementarity Problem, Deregulation, Dominated Strategy, Electric Power Market

  7. Status and Trends in the U.S. Voluntary Green Power Market (2014 Data)

    SciTech Connect (OSTI)

    O'Shaughnessy, Eric; Heeter, Jenny; Liu, Chang; Nobler, Erin

    2015-10-16

    NREL's annual report on green power markets summarizes status and trends in the voluntary demand for renewable energy. U.S. green power markets have become more complex over time as state-level policies have enabled more avenues for green power purchases. In recent years, community solar, community choice aggregation (CCA), and voluntary power purchase agreements (PPAs) have significantly increased the number of U.S. voluntary green power customers. The community solar model has grown rapidly with 90 projects in 25 states by 2015. Renewable energy sales in CCAs declined slightly in 2014 in response to less favorable economic conditions in Illinois. At the same time, several California CCAs continued to grow, and many more communities are planning to pursue green power through aggregation. Voluntary green power purchasing through bi-lateral PPAs took off in 2014 due to several large-scale agreements signed by information and communication technology firms. Traditional green power options, such as utility green pricing programs and voluntary RECs markets, also grew in 2014. Current trends suggest strong continued growth in U.S. voluntary green power markets.

  8. Multi-settlement Systems for Electricity Markets: Zonal Aggregation under Network Uncertainty and Market Power1

    E-Print Network [OSTI]

    by the Consortium for Electric Reliability Technology Solutions on Behalf of the Department of Energy. The work was also supported by the University of California Energy Institute and by PSERC. Abstract We analyze of decentralization in markets. The experience gained from the first wave of restructuring in places

  9. An Empirical Analysis of the Potential for Market Power in California's Electricity Industry

    E-Print Network [OSTI]

    California at Berkeley. University of

    PWP-044r An Empirical Analysis of the Potential for Market Power in California's Electricity's Electricity Industry Severin Borenstein and James Bushnell University of California Energy Institute 2539 the California electricity market after deregulation as a static Cournot market with a competitive fringe. Our

  10. IEEE TRANSACTIONS ON POWER SYSTEMS 1 Economic Impact of Electricity Market Price

    E-Print Network [OSTI]

    Cañizares, Claudio A.

    IEEE TRANSACTIONS ON POWER SYSTEMS 1 Economic Impact of Electricity Market Price Forecasting Errors to forecast electricity market prices and improve forecast accuracy. However, no studies have been reported, the application of electricity market price forecasts to short-term operation scheduling of two typical

  11. "Self-Regulating Electricity Markets?" Nodir Adilov, Thomas Light, Richard Schuler, William Schulze, David Toomey &

    E-Print Network [OSTI]

    in electricity markets who can substitute part of their usage between day and night. Each customer's demand with that forecast demand quantity. Effectively, these wholesale electricity markets are single-sided, and both"Self-Regulating Electricity Markets?" by Nodir Adilov, Thomas Light, Richard Schuler, William

  12. Optimal Power Market Participation of Plug-In Electric Vehicles Pooled by Distribution Feeder

    E-Print Network [OSTI]

    Caramanis, Michael

    Optimal Power Market Participation of Plug-In Electric Vehicles Pooled by Distribution Feeder : Power system markets, Power system economics Key Words: Load management, Electric vehicle grid Transactions on Power Systems #12;WORKING PAPER 1 Optimal Power Market Participation of Plug-In Electric

  13. Cournot Equilibrium in Price-capped Two-Settlement Electricity Markets

    E-Print Network [OSTI]

    Oren, Shmuel S.

    Cournot Equilibrium in Price-capped Two-Settlement Electricity Markets Jian Yao1, Bert Willems2 compare two alternative mechanisms for cap- ping prices in two-settlement electricity markets. Alternatively, regulators in many restructured electricity markets have imposed price or offer caps in the spot

  14. "The Dynamics of Market Power with Deregulated Electricity Generation Richard E. Schuler,

    E-Print Network [OSTI]

    "The Dynamics of Market Power with Deregulated Electricity Generation Supplies" Richard E. Schuler markets for bulk electricity supplies are likely to deviate from the perfectly competitive ideal in many price competition in some electricity markets. 1. Introduction A primary motive for the deregulation

  15. E-BUSINESS FOR THE ELECTRICITY RETAIL MARKET A Business to Client perspective

    E-Print Network [OSTI]

    Monteiro, Edmundo

    E-BUSINESS FOR THE ELECTRICITY RETAIL MARKET A Business to Client perspective Victor Santos ISCAC in the electricity sector. From generation to the final client there are two markets, the wholesale and the retail and in the United States. The goal of this paper is to present a model for the electricity retail market. Several

  16. On Coordinating Electricity Markets: Smart Power Scheduling for Demand Side Management and Economic Dispatch

    E-Print Network [OSTI]

    Chen, Yiling

    On Coordinating Electricity Markets: Smart Power Scheduling for Demand Side Management and Economic;On Coordinating Electricity Markets: Smart Power Scheduling for Demand Side Management and Economic Dispatch Abstract Information asymmetry in retail electricity markets is one of the largest sources of inef

  17. Optimal Static Hedging of Volumetric Risk in a Competitive Wholesale Electricity Market

    E-Print Network [OSTI]

    Optimal Static Hedging of Volumetric Risk in a Competitive Wholesale Electricity Market Yumi Oum wholesale electricity markets, regulated load serving entities (LSEs) and marketers with default service was partially supported by the Power Systems En- gineering Research Center and by the Consortium for Electric

  18. Simulating the Impact of a Carbon Market Electricity System in the Western U.S.A.

    E-Print Network [OSTI]

    Ford, Andrew

    , electricity markets, power plants, transmission network, renewable resources, system dynamics, computerSimulating the Impact of a Carbon Market on the Electricity System in the Western U.S.A. Andrew and trade market to control carbon emissions in the western electricity system. The simulations indicate

  19. Fast Change Point Detection for Electricity Market Analysis

    SciTech Connect (OSTI)

    UC Berkeley; Gu, William; Choi, Jaesik; Gu, Ming; Simon, Horst; Wu, Kesheng

    2013-08-25

    Electricity is a vital part of our daily life; therefore it is important to avoid irregularities such as the California Electricity Crisis of 2000 and 2001. In this work, we seek to predict anomalies using advanced machine learning algorithms. These algorithms are effective, but computationally expensive, especially if we plan to apply them on hourly electricity market data covering a number of years. To address this challenge, we significantly accelerate the computation of the Gaussian Process (GP) for time series data. In the context of a Change Point Detection (CPD) algorithm, we reduce its computational complexity from O($n^{5}$) to O($n^{2}$). Our efficient algorithm makes it possible to compute the Change Points using the hourly price data from the California Electricity Crisis. By comparing the detected Change Points with known events, we show that the Change Point Detection algorithm is indeed effective in detecting signals preceding major events.

  20. Home World Business Markets Market Data Tech Life & Style Opinion News & Trends Reinvent Career Strategies The Juggle Office Life Business Schools Education Who's

    E-Print Network [OSTI]

    Omar, Mohammad H.

    More Home World Business Markets Market Data Tech Life & Style Opinion News & Trends Reinvent, employment outlook, physical demands and stress. Les Krantz, author of "Jobs Rated Almanac," compiled Jobs Keylogger Software Franchise Consultants Need Own an Energy Conservatio More in Careers M Revving

  1. Abstract--Load serving entities (LSE) and holders of default service obligations, in restructured electricity markets, provide

    E-Print Network [OSTI]

    Oren, Shmuel S.

    the varying demand of their customers at fixed regulated prices. Electricity consumption volume directly, in restructured electricity markets, provide electricity service at regulated or contracted fixed prices while standard forward contracts and commodity derivatives. Keywords: Electricity Markets, Risk Management

  2. Demand Response in U.S. Electricity Markets: Empirical Evidence

    SciTech Connect (OSTI)

    Cappers, Peter; Goldman, Charles; Kathan, David

    2009-06-01

    Empirical evidence concerning demand response (DR) resources is needed in order to establish baseline conditions, develop standardized methods to assess DR availability and performance, and to build confidence among policymakers, utilities, system operators, and stakeholders that DR resources do offer a viable, cost-effective alternative to supply-side investments. This paper summarizes the existing contribution of DR resources in U.S. electric power markets. In 2008, customers enrolled in existing wholesale and retail DR programs were capable of providing ~;;38,000 MW of potential peak load reductions in the United States. Participants in organized wholesale market DR programs, though, have historically overestimated their likely performance during declared curtailments events, but appear to be getting better as they and their agents gain experience. In places with less developed organized wholesale market DR programs, utilities are learning how to create more flexible DR resources by adapting legacy load management programs to fit into existing wholesale market constructs. Overall, the development of open and organized wholesale markets coupled with direct policy support by the Federal Energy Regulatory Commission has facilitated new entry by curtailment service providers, which has likely expanded the demand response industry and led to product and service innovation.

  3. Resource Adequacy in Competitive Electricity Markets George Gross and Pablo Ruiz

    E-Print Network [OSTI]

    Gross, George

    of the electric system to supply the aggregate electrical demand and energy requirements of the customers at all, the existing electricity markets have not matured to the level of incorporating demand-side response. The lack of demand response is due to both the existing policies and the way electricity markets have been

  4. Minimizing Building Electricity Costs in a Dynamic Power Market: Algorithms and Impact on Energy Conservation

    E-Print Network [OSTI]

    Wang, Dan

    Minimizing Building Electricity Costs in a Dynamic Power Market: Algorithms and Impact on Energy of Computing, The Hong Kong Polytechnic University, Hong Kong, P. R. China 2 Department of Electrical and the electricity bills nowa- days are leading to unprecedented costs. Electricity price is market-based and dynamic

  5. Evaluating the Evidence on Electricity Reform: Lessons for the South East Europe (SEE) Market

    E-Print Network [OSTI]

    Pollitt, Michael G.

    This paper discusses the evidence on electricity reform and relates it to the current situation of the South East Europe (SEE) electricity market. We begin by discussing the main elements of the European Union (EU) electricity reform model. Then we...

  6. Price Responsive Demand in New York Wholesale Electricity Market using OpenADR

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

    and Demand Response in Electricity Markets." University ofRates and Tariffs /Schedule for Electricity Service, P.S.C.no. 10- Electricity/Rules 24 (Riders)/Leaf No. 177-327."

  7. Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

    electricity markets: Need and design. Utilities Policy 16,market design .Alternative wholesale market design and retail rate

  8. Long term trends in sporadic E layers and electric field over Fortaleza, Brazil

    SciTech Connect (OSTI)

    Abdu, M.A.; Batista, I.S.; Muralikrishna, P.; Sobral, J.H.A. [Instituto Nacional de Pesquisas Espaciais, Sao Jose dos Campos (Brazil)] [Instituto Nacional de Pesquisas Espaciais, Sao Jose dos Campos (Brazil)

    1996-04-01

    This paper reports a study of long term trends in sporadic E observations from an equatorial site, collected from ionosoned data. The secular drift of the magnetic equator, and changes in the equatorial electrojet have manifested substantial long term changes at this site. The authors present trend studies of the different types of Es events and correlate these with electric field and wind variations in the ionosphere.

  9. NECESIDAD RECURSOS HDRICOS DE CALIDAD Figura 1: Global Trends in Population, Energy Demand and Water Use. (http://electrical

    E-Print Network [OSTI]

    Politècnica de Catalunya, Universitat

    #12;NECESIDAD RECURSOS HÍDRICOS DE CALIDAD Figura 1: Global Trends in Population, Energy Demand and Water Use. (http://electrical engineeringportal.com/technologyinnovationiseverybodysbusiness) #12

  10. An agent-based model to study market penetration of plug-in hybrid electric vehicles

    E-Print Network [OSTI]

    Vermont, University of

    An agent-based model to study market penetration of plug-in hybrid electric vehicles Margaret J 2011 Available online 29 April 2011 Keywords: Plug-in hybrid electric vehicles Market penetration Agent vehicle (PHEV) market penetration. The model accounts for spatial and social effects (including threshold

  11. Project Information Form Project Title Structural Determinants of Electric Vehicle Market Growth

    E-Print Network [OSTI]

    California at Davis, University of

    Project Information Form Project Title Structural Determinants of Electric Vehicle Market Growth that plug--in electric vehicle (PEV) markets are facing and how they are likely to evolve in different a holistic approach to the assessment of factors that affect the market development and diffusion of new

  12. Pricing mechanism for real-time balancing in regional electricity markets

    E-Print Network [OSTI]

    de Weerdt, Mathijs

    for precisely controlling the real-time balance in electricity markets, where retail brokers aggregate of their retail customer loads and sources. We enumerate the desirable properties of a market-based balancingPricing mechanism for real-time balancing in regional electricity markets Mathijs de Weerdt

  13. ZONAL PRICING AND DEMAND-SIDE BIDDING IN THE NORWEGIAN ELECTRICITY MARKET

    E-Print Network [OSTI]

    California at Berkeley. University of

    .3 Retail Markets 9 2.4 Generating Plants 10 2.5 Storage, Generation, Price and Trade Patterns 14 3. SupplyPWP-063 ZONAL PRICING AND DEMAND-SIDE BIDDING IN THE NORWEGIAN ELECTRICITY MARKET Tor Arnt Johnsen.ucei.berkeley.edu/ucei #12;ZONAL PRICING AND DEMAND-SIDE BIDDING IN THE NORWEGIAN ELECTRICITY MARKET Tor Arnt Johnsen, Shashi

  14. An Integrated Electric Power Supply Chain and Fuel Market Network Framework: Theoretical Modeling with Empirical Analysis for New England

    E-Print Network [OSTI]

    Nagurney, Anna

    An Integrated Electric Power Supply Chain and Fuel Market Network Framework: Theoretical Modeling regions and multiple electricity markets under deregulation to quantify the interactions in electric power an oligopolistic electricity market model with a nitrogen ox- ide permit market, and provided examples based

  15. Electricity Bill Savings from Residential Photovoltaic Systems: Sensitivities to Changes in Future Electricity Market Conditions

    SciTech Connect (OSTI)

    Darghouth, Naim; Barbose, Galen; Wiser, Ryan

    2013-01-09

    This scoping study investigates the impact of, and interactions among, three key sources of uncertainty in the future value of bill savings from customer-sited PV, focusing in particular on residential customers. These three sources of uncertainty are: changes to electricity market conditions that would affect retail electricity prices, changes to the types of retail rate structures available to residential customers with PV, and shifts away from standard net-metering toward other compensation mechanisms for residential PV. We investigate the impact of a range of electricity market scenarios on retail electricity prices and rate structures, and the resulting effects on the value of bill savings from PV. The scenarios include various levels of renewable and solar energy deployment, high and low natural gas prices, the possible introduction of carbon pricing, and greater or lesser reliance on utility-scale storage and demand response. We examine the bill savings from PV with time-invariant, flat residential retail rates, as well as with time-varying retail rates, including time-of-use (TOU) rates and real-time pricing (RTP). In addition, we explore a flat rate with increasing-block pricing (IBP). We evaluate the bill savings from PV with net metering, as currently allowed in many states, as well as scenarios with hourly netting, a partial form of net metering. This scoping study is the first known effort to evaluate these types of interactions in a reasonably comprehensive fashion, though by no means have we considered every possible change to electricity market conditions, retail rate structures, or PV compensation mechanisms. It focuses solely on the private value of bill savings for residential PV and does not seek to quantify the broader social or economic cost or value of solar electricity. Our analysis applies assumptions based loosely on California’s electricity market in a future year (2030); however, it is neither intended to forecast California’s future market, nor are our conclusions intended to have implications specific only to the California market. That said, some of the findings are unique to our underlying assumptions, as described further within the main body of the report, along with other key limitations.

  16. Feasibility of Wholesale Electricity Competition in a Developing Country: Insights from Simulating a Market in Maharashtra State, India

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

    Large Quantities of Electricity Demand for AgriculturalLarge Size of the Market Electricity demand for agriculturalconstraints, and electricity demand in MH state to simulate

  17. Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

    linking wholesale and retail market conditions, and providesbetween wholesale markets, retail electricity rates, andof Electricity Market Conditions, Retail Rate Design, and

  18. Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

    2008. Capacity payments in imperfect electricity markets:capacity adequacy in the competitive electricity marketelectricity market design with price caps and a separate capacity market,

  19. Futures pricing in electricity markets based on stable CARMA spot models

    E-Print Network [OSTI]

    Gerkmann, Ralf

    Futures pricing in electricity markets based on stable CARMA spot models Gernot M¨uller Vortrag im years, electricity markets throughout the world have undergone massive changes due to deregulations risk but also against price movements. Consequently, statistical modeling and estimation of electricity

  20. Electricity Markets: Should the Rest of the World Adopt the UK Reforms?

    E-Print Network [OSTI]

    California at Berkeley. University of

    PWP-069 Electricity Markets: Should the Rest of the World Adopt the UK Reforms? Catherine D;1 Electricity Markets: Should the Rest of the World Adopt the UK Reforms?1 By Catherine D. Wolfram2 Britain was one of the first countries to liberalize its electricity industry when it restructured and privatized

  1. Computing Cournot Equilibria in Two Settlement Electricity Markets with Transmission Constraints1

    E-Print Network [OSTI]

    Oren, Shmuel S.

    1 Computing Cournot Equilibria in Two Settlement Electricity Markets with Transmission Constraints1}@ieor.berkeley.edu Abstract-- We formulate a two-settlement equilibrium in com- petitive electricity markets as a subgame decade has witnessed a fundamental transformation of the electric power industry around the world from

  2. Pricing of Fluctuations in Electricity Markets John N. Tsitsiklis and Yunjian Xu

    E-Print Network [OSTI]

    Tsitsiklis, John

    in Electricity Markets 2 to the deployment of peaking plants with higher ramping rates but higher marginal costPricing of Fluctuations in Electricity Markets John N. Tsitsiklis and Yunjian Xu Laboratory or Information and Decision Systems, MIT, Cambridge, MA, 02139, {jnt@mit.edu, yunjian@mit.edu} In an electric

  3. Theory and Application of Linear Supply Function Equilibrium in Electricity Markets

    E-Print Network [OSTI]

    Baldick, Ross

    Theory and Application of Linear Supply Function Equilibrium in Electricity Markets Ross Baldick Department of Electrical and Computer Engineering, The University of Texas at Austin, 1 University Station C equilibrium (SFE) model of interaction in an electricity market. We assume a linear demand function

  4. The Effects of the Dysfunctional Spot Market for Electricity in California

    E-Print Network [OSTI]

    The Effects of the Dysfunctional Spot Market for Electricity in California on the Cost of Forward), the Consortium for Electric Reliability Technology Solutions (CERTS) program on Reliability and Markets at the U Cruz, California. #12;ABSTRACT The unexpectedly high spot prices for electricity in the summer of 2000

  5. Copyright George Gross, 2004 1 Evolving Nature of Electricity Market Design in the U.S.

    E-Print Network [OSTI]

    Copyright George Gross, 2004 1 Evolving Nature of Electricity Market Design in the U.S. G in the electricity sector. FERC withdrew the proposed rulemaking and replaced it with the less ambitious White Paper smoothly functioning electricity wholesale markets in the U.S. and the path taken toward the implementation

  6. "Do costs fall faster than revenues? Dynamics of renewables entry into electricity markets"

    E-Print Network [OSTI]

    TSE-591 "Do costs fall faster than revenues? Dynamics of renewables entry into electricity markets of renewables entry into electricity markets Richard J. Green Thomas-Olivier Léautier June 26, 2015 Abstract In many countries, entry of renewable electricity producers has been supported by subsidies and financed

  7. Optimal Bidding Strategy in Electricity Markets Under Uncertain Energy and Reserve Prices

    E-Print Network [OSTI]

    Optimal Bidding Strategy in Electricity Markets Under Uncertain Energy and Reserve Prices Power in Electricity Markets Under Uncertain Energy and Reserve Prices Rajesh Rajaraman Christensen Associates Fernando this project For information about this project contact: Fernando Alvarado Professor Electrical and Computer

  8. Demand Response in U.S. Electricity Markets: Empirical Evidence

    E-Print Network [OSTI]

    Cappers, Peter

    2009-01-01

    focused primarily on market design and structure, albeit9 In terms of wholesale market design, SPP administers anmarket. market in 2007, the design of the Emergency and ALM

  9. An Equilibrium Model of Investment in Restructured Electricity Markets

    E-Print Network [OSTI]

    Bushnell, Jim B; Ishii, Jun

    2007-01-01

    these retail obligations, however, market power would beof market power remains even after accounting for the retailretail obligations that reduce their incentives to exercise market power.

  10. The portfolio diversification value of nuclear power in liberalized electricity markets

    E-Print Network [OSTI]

    Bean, Malcolm (Malcolm K.)

    2012-01-01

    The key difference between a regulated and a liberalized electricity market is the establishment of a competitive generation marketplace via spot markets, day-ahead auctions, and over-the-counter trading activity. In a ...

  11. The market potential for SMES in electric utility applications. Final report

    SciTech Connect (OSTI)

    Not Available

    1994-06-01

    Superconducting magnetic energy storage (SMES) is an emerging technology with features that are potentially attractive in electric utility applications. This study evaluates the potential for SMES technology in the generation, transmission, distribution, and use of electric energy; the time frame of the assessment is through the year 2030. Comparisons are made with other technology options, including both commercially available and advanced systems such as various peaking generation technologies, transmission stability improvement technologies, and power quality enhancement devices. The methodology used for this study focused on the needs of the market place, the capabilities of S and the characteristics of the competing technologies. There is widespread interest within utilities for the development of SMES technology, but there is no general consensus regarding the most attractive size. Considerable uncertainty exists regarding the eventual costs and benefits of commercial SMES systems, but general trends have been developed based on current industry knowledge. Results of this analysis indicate that as storage capacity increases, cost increases at a rate faster than benefits. Transmission system applications requiring dynamic storage appear to have the most attractive economics. Customer service applications may be economic in the near term, but improved ride-through capability of end-use equipment may limit the size of this market over time. Other applications requiring greater storage capacity appear to be only marginally economic at best.

  12. An agent-based approach to modeling electricity spot markets

    E-Print Network [OSTI]

    Visudhiphan, Poonsaeng, 1973-

    2003-01-01

    (cont.) The model could also be used to analyze market factors (such as new market rules) and their effects on market price dynamics and market participants' behaviors, as well as to identify the "best" response action of ...

  13. The Market Value and Cost of Solar Photovoltaic Electricity Production

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    a more complete market valuation of solar PV. I incorporateto analyze the market value of solar PV. The market bene?tsI evaluate the market economics of solar PV. While accurate

  14. Open versus closed loop capacity equilibria in electricity markets ...

    E-Print Network [OSTI]

    2012-05-06

    energy market is frequently represented using conjectural variations. Consid- ... market efficiency (as measured by total social welfare) is ambiguous. Thus,.

  15. Commercializing Light-Duty Plug-In/Plug-Out Hydrogen-Fuel-Cell Vehicles: "Mobile Electricity" Technologies, Early California Household Markets, and Innovation Management

    E-Print Network [OSTI]

    Williams, Brett D

    2010-01-01

    assessment for fuel cell electric vehicles." Argonne, Ill. :of Plug-In Hybrid Electric Vehicles on Wind Energy Markets,"Recharging and Household Electric Vehicle Market: A Near-

  16. Impact of Storage on the Efficiency and Prices in Real-Time Electricity Markets

    E-Print Network [OSTI]

    Proutiere, Alexandre

    behavior of the various actors lead to a socially acceptable situation? Electricity markets are highly complex dynamical systems. They incorporate renewable energy sources, such as wind and solar

  17. Spot pricing of electricity and ancillary services in a competitive California market.

    E-Print Network [OSTI]

    Siddiqui, Afzal S.; Marnay, Chris; Khavkin, Mark

    2000-01-01

    o Liew, and M. Khavkin 1999, Ancillary Services Markets inVolatility in the California Ancillary Services Mar- kets:of Electricity and Ancillary Services in a Competitive

  18. Household Markets for Neighborhood Electric Vehicles in California

    E-Print Network [OSTI]

    Kurani, Kenneth S.; Sperling, Daniel; Lipman, Timothy; Stanger, Deborah; Turrentine, Thomas; Stein, Aram

    2001-01-01

    A Statewide ELECTRIC ELECTRIC and VEHICLES: Survey Sandrafor Neighborhood Electric Vehicles. Report prepared for theD. (1994). Future Drive: Electric Vehicles and Sustainable

  19. The effect of falling market concentration on prices, generator behaviour and productive efficiency in the England and Wales electricity market

    E-Print Network [OSTI]

    Sweeting, Andrew

    2001-01-01

    A universal prediction of the various oligopoly models used to predict and explain behaviour in the England and Wales (E&W) electricity wholesale market is that divestiture of plants by the two large incumbent generators ...

  20. Business Plan for a New Engineering Consulting Firm in the Electrical Utility Market

    E-Print Network [OSTI]

    Gois, Roberto Cavalcanti

    2009-05-15

    has been experiencing steady growth for more than ten years. Along with energy market regulatory agencies such as the Federal Energy Regulatory Commission (FERC) and Southwest Power Pool (SPP), electrical utilities must ensure that the electricity...

  1. Market Opportunities for Electric Drive Compressors for Gas Transmission, Storage, and Processing 

    E-Print Network [OSTI]

    Parent, L. V.; Ralph, H. D.; Schmeal, W. R.

    1995-01-01

    There is great interest in the large potential market for electric drives in the gas transmission, gas storage, and gas processing industries. Progressive electric utilities and astute vendors are moving to meet the needs of these industries...

  2. Analysis and Visualization of Market Power in Electric Power Systems Thomas J. Overbye Jamie D. Weber Kollin J. Patten

    E-Print Network [OSTI]

    Analysis and Visualization of Market Power in Electric Power Systems Thomas J. Overbye Jamie D discusses the assessment and visualization of market power in bulk electricity markets, with the explicit structure being replaced by competitive markets in unbundled electricity services with disaggregated

  3. Strategic Behavior in Spot Markets for Electricity when Load is Stochastic Department of Agricultural, Resource, and Managerial Economics

    E-Print Network [OSTI]

    Strategic Behavior in Spot Markets for Electricity when Load is Stochastic T.D. Mount Department of market power to raise prices above competitive levels in the UK market for electricity has been discussed in an electricity market. In spite of this abundant evidence, regulators in the USA have been relatively unconcerned

  4. Unbundling generation and transmission services for competitive electricity markets

    SciTech Connect (OSTI)

    Hirst, E.; Kirby, B.

    1998-01-01

    Ancillary services are those functions performed by the equipment and people that generate, control, and transmit electricity in support of the basic services of generating capacity, energy supply, and power delivery. The Federal Energy Regulatory Commission (FERC) defined such services as those `necessary to support the transmission of electric power from seller to purchaser given the obligations of control areas and transmitting utilities within those control areas to maintain reliable operations of the interconnected transmission system.` The nationwide cost of ancillary services is about $12 billion a year, roughly 10% of the cost of the energy commodity. More important than the cost, however, is the necessity of these services for bulk-power reliability and for the support of commercial transactions. FERC`s landmark Order 888 included a pro forma tariff with provision for six key ancillary services. The Interconnected Operations Services Working Group identified another six services that it felt were essential to the operation of bulk-power systems. Several groups throughput the United States have created or are forming independent system operators, which will be responsible for reliability and commerce. To date, the electricity industry (including traditional vertically integrated utilities, distribution utilities, power markets and brokers, customers, and state and federal regulators) has paid insufficient attention to these services. Although the industry had made substantial progress in identifying and defining the key services, much remains to be doe to specify methods to measure the production, delivery, and consumption of these services; to identify the costs and cost-allocation factors for these services; and to develop market and operating rules for their provision and pricing. Developing metrics, determining costs, and setting pricing rules are important because most of these ancillary services are produced by the same pieces of equipment that produce the basic electricity commodity. Thus, the production of energy and ancillary services is highly interactive, sometimes complementary and sometimes competing. In contrast to today`s typical time-invariant, embedded-cost prices, competitive prices for ancillary services would vary with system loads and spot prices for energy.

  5. Abstract--This paper introduces the fundamental concept of locational marginal price (LMP) in the electricity markets, and

    E-Print Network [OSTI]

    Fu, Yong

    ) in the electricity markets, and presents some special observations on LMP. Under market environment, LMP based- and long-term efficiency in wholesale electricity markets. In some restructured markets, including the PJM to ISO by the energy buyers. Thus, depending on different market designs, four different calculation

  6. An Integrated Electric Power Supply Chain and Fuel Market Network Framework: Theoretical Modeling with Empirical Analysis for New England

    E-Print Network [OSTI]

    Nagurney, Anna

    An Integrated Electric Power Supply Chain and Fuel Market Network Framework: Theoretical Modeling investigate how changes in the demand for electricity influence the electric power and the fuel markets from markets to quantify the interactions in electric power/energy supply chains and their effects on flows

  7. Cournot Equilibria in Two-Settlement Electricity Markets with System Contingencies

    E-Print Network [OSTI]

    1 Cournot Equilibria in Two-Settlement Electricity Markets with System Contingencies Jian Yao}@ieor.berkeley.edu Abstract-- We study Nash equilibrium in two-settlement com- petitive electricity markets with horizontal settlements, the generation firms have incentives to commit forward contracts, which increases social surplus

  8. Impacts of Bad Data and Cyber Attacks on Electricity Market Operations

    E-Print Network [OSTI]

    operations. In particular, we investigated the problem from perspectives of an attacker and the controlImpacts of Bad Data and Cyber Attacks on Electricity Market Operations Final Project Report Power;#12;Impacts of Bad Data and Cyber Attacks on Electricity Market Operations Final Project Report Project Team

  9. OPTIMAL HOURAHEAD BIDDING IN THE REALTIME ELECTRICITY MARKET WITH BATTERY STORAGE USING APPROXIMATE DYNAMIC PROGRAMMING

    E-Print Network [OSTI]

    Powell, Warren B.

    OPTIMAL HOUR­AHEAD BIDDING IN THE REAL­TIME ELECTRICITY MARKET WITH BATTERY STORAGE USING of wind and solar energy. Energy arbitrage, the process of buying, storing, and selling electricity System Operator) require that battery storage operators place bids into an hour­ ahead market (although

  10. Household Markets for Neighborhood Electric Vehicles in California

    E-Print Network [OSTI]

    Kurani, Kenneth S; Sperling, Daniel; Lipman, Timothy; Stanger, Deborah; Turrentine, Thomas; Stein, Aram

    1995-01-01

    for Neighborhood Electric Vehicles. Report prepared for theD. (1994). Future Drive: Electric Vehicles and Sustainablefor Neighborhood Electric Vehicles. Report prepared for the

  11. The Market Value and Cost of Solar Photovoltaic Electricity Production

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    Renew- ables”, The Electricity Journal, Volume 14 (2001),from Real-Time Retail Electricity Pricing: Bill VolatilityReal- Time Retail Electricity Pricing,” Energy Journal,28(

  12. Plenary Session, Harvard Electricity Policy Group, January 29-30, 1998, San Diego, California THE ELECTRIC MARKET RESTRUCTURING IN SOUTH AMERICA

    E-Print Network [OSTI]

    Catholic University of Chile (Universidad Católica de Chile)

    1 Plenary Session, Harvard Electricity Policy Group, January 29-30, 1998, San Diego, California THE ELECTRIC MARKET RESTRUCTURING IN SOUTH AMERICA: SUCCESSES AND FAILURES ON MARKET DESIGN Hugh Rudnick on the restructured electric markets in Latin America, which have pioneered changes worldwide. The changes started

  13. Green Power Marketing in the United States: A Status Report (11th Edition)

    SciTech Connect (OSTI)

    Bird, L.; Kreycik, C.; Friedman, B.

    2008-10-01

    This report documents green power marketing activities and trends in the United States. It presents aggregate green power sales data for all voluntary purchase markets across the United States. It also provides summary data on utility green pricing programs offered in regulated electricity markets and green power marketing activity in competitive electricity markets, as well as green power sold to voluntary purchasers in the form of renewable energy certificates. Key market trends and issues are also discussed.

  14. Green Power Marketing in the United States. A Status Report (11th Edition)

    SciTech Connect (OSTI)

    Bird, Lori; Kreycik, Claire; Friedman, Barry

    2008-10-01

    This report documents green power marketing activities and trends in the United States. It presents aggregate green power sales data for all voluntary purchase markets across the United States. It also provides summary data on utility green pricing programs offered in regulated electricity markets and green power marketing activity in competitive electricity markets, as well as green power sold to voluntary purchasers in the form of renewable energy certificates. Key market trends and issues are also discussed.

  15. Review of U.S. ESCO industry market trends: An empirical analysis of project data

    SciTech Connect (OSTI)

    Goldman, Charles A.; Hopper, Nicole C.; Osborn, Julie G.; Singer, Terry E.

    2003-03-01

    This article summarizes a comprehensive empirical analysis of U.S. Energy Service Company (ESCO) industry trends and performance. We employ two parallel analytical approaches: a comprehensive survey of firms to estimate total industry size and a database of {approx}1500 ESCO projects, from which we report target markets and typical project characteristics, energy savings and customer economics. We estimate that industry investment for energy-efficiency related services reached US $2 billion in 2000 following a decade of strong growth. ESCO activity is concentrated in states with high economic activity and strong policy support. Typical projects save 150-200 MJ/m2/year and are cost-effective with median benefit/cost ratios of 1.6 and 2.1 for institutional and private sector projects. The median simple payback time is 7 years among institutional customers; 3 years is typical in the private sector. Reliance on DSM incentives has decreased since 1995. Preliminary evidence suggests that state enabling policies have boosted the industry in medium-sized states. ESCOs have proven resilient in the face of restructuring and will probably shift toward selling ''energy solutions,'' with energy efficiency part of a package. We conclude that a private sector energy-efficiency services industry that targets large commercial and industrial customers is viable and self-sustaining with appropriate policy support both financial and non-financial.

  16. Inefficiencies and Market Power in Financial Arbitrage: A Study of California’s Electricity Markets

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, James; Wolfram, Catherine D

    2006-01-01

    For two reasons, market power in trading opportunities hasrm will have market power in the trading opportunity, thoughmarkets accommodated trading of power for delivery at a

  17. Computing Cournot Equilibria in Two Settlement Electricity Markets with Transmission Constraints

    E-Print Network [OSTI]

    1 Computing Cournot Equilibria in Two Settlement Electricity Markets with Transmission Constraints£ @ieor.berkeley.edu Abstract-- We formulate a two-settlement equilibrium in com- petitive electricity. I. INTRODUCTION The last decade has witnessed a fundamental transformation of the electric power

  18. The European Green Electricity Markets in 2010 Peter Meibom & Klaus Skytte

    E-Print Network [OSTI]

    ;Assumptions · Electricity demand projections based on growth rates EU Energy Outlook publication · CommodityThe European Green Electricity Markets in 2010 Peter Meibom & Klaus Skytte Systems Analysis policies differ among MS The EU Renewable Electricity Directive: · Indicative targets for EU (1997: 3

  19. Do Generation Firms in Restructured Electricity Markets Have Incentives to Support Socially-Efficient Transmission Investments? *

    E-Print Network [OSTI]

    .S. transmission system is under stress (Abraham, 2002). Growth of electricity demand and new generation capacity investment in new generation and growth in electricity demand. Much of the current underinvestment1 Do Generation Firms in Restructured Electricity Markets Have Incentives to Support Socially

  20. Lurching towards markets for power: China's electricity policy 19852007 Xiaoli Zhao a,c,

    E-Print Network [OSTI]

    Lyon, Thomas P.

    responsive to electricity demand and price signals to some extend. However, it cannot be proved a consistent balance between energy supply and demand [1]. A growing shortage of electricity in China forcedLurching towards markets for power: China's electricity policy 1985­2007 Xiaoli Zhao a,c, , Thomas

  1. Kirchhoff vs. Competitive Electricity Markets: A Few Examples Carlos E. Murillo-%nchez Ray D. Zimmerman

    E-Print Network [OSTI]

    Kirchhoff vs. Competitive Electricity Markets: A Few Examples Carlos E. Murillo-%nchez Ray D. Zimmerman School of Electrical and Computer Cornell University Ithaca, New York Robert J. Thomas Engineering AMract-Electric power is often regarded as a homoge- neous commodity due to the ubiquity

  2. Interdependencies of Electricity Market Characteristics and Bidding Strategies of Power Producers

    E-Print Network [OSTI]

    Gatterbauer, Wolfgang

    Interdependencies of Electricity Market Characteristics and Bidding Strategies of Power Producers by Wolfgang Karl Gatterbauer Submitted to the Engineering Systems Division and the Department of Electrical of Science in Technology and Policy Master of Science in Electrical Engineering and Computer Science

  3. EXPERIMENTAL TESTS OF COMPETITIVE MARKETS FOR ELECTRIC POWER Simon Ede, Timothy Mount, William Schulze, Robert Thomas, Ray Zimmerman

    E-Print Network [OSTI]

    CSMAE06 EXPERIMENTAL TESTS OF COMPETITIVE MARKETS FOR ELECTRIC POWER Simon Ede, Timothy Mount@cornell.edu, rjt1@cornell.edu, rz10@cornell.edu Abstract Testing the performance of electricity markets have been shown to be efficient. There is evidence from operating electricity markets that prices can

  4. Hybrid & electric vehicle technology and its market feasibility

    E-Print Network [OSTI]

    Jeon, Sang Yeob

    2010-01-01

    In this thesis, Hybrid Electric Vehicles (HEV), Plug-In Hybrid Electric Vehicle (PHEV) and Electric Vehicle (EV) technology and their sales forecasts are discussed. First, the current limitations and the future potential ...

  5. The Market Value and Cost of Solar Photovoltaic Electricity Production

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    dissipation during electricity transmission and distributionelectricity, and also ignores the potential savings in transmissionin an electricity grid re?ect the incremental transmission

  6. Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

    scenarios .. 85 4.2.2 Wholesale market design .electricity market scenarios, retail rate designs, PVscenario). Results: Alternative wholesale market design and

  7. Time Series Methods for ForecastingElectricityMarket Pricing Zoran Obradovic Kevin Tomsovic

    E-Print Network [OSTI]

    Obradovic, Zoran

    of traditional commodities, such as,oil or agricultural products. Clearly, assessing the effectivenessTime Series Methods for ForecastingElectricityMarket Pricing Zoran Obradovic Kevin Tomsovic PO Box

  8. The wholesale market for electricity in England and Wales : recent developments and future reforms

    E-Print Network [OSTI]

    Sweeting, Andrew

    2000-01-01

    The England and Wales wholesale electricity market is about to undergo major reform (NETA). I describe and analyse the proposed arrangements, contrasting them with those currently in operation. I argue that while NETA will ...

  9. Modelling the Effects of Nuclear Fuel Reservoir Operation in a Competitive Electricity Market

    E-Print Network [OSTI]

    Lykidi, Maria

    In many countries, the electricity systems are quitting the vertically integrated monopoly organization for an operation framed by competitive markets. In such a competitive regime one can ask what the optimal management ...

  10. Dynamic modelling of generation capacity investment in electricity markets with high wind penetration 

    E-Print Network [OSTI]

    Eager, Daniel

    2012-06-25

    The ability of liberalised electricity markets to trigger investment in the generation capacity required to maintain an acceptable level of security of supply risk has been - and will continue to be - a topic of much ...

  11. Demand Response in U.S. Electricity Markets: Empirical Evidence

    E-Print Network [OSTI]

    Cappers, Peter

    2009-01-01

    vs. CSP.. 24market DR program by a CSP), (3) metering and telemetryof the interval data to CSP and ISO. As new entrants, CSPs

  12. 2008 Solar Technologies Market Report

    SciTech Connect (OSTI)

    none,

    2010-01-29

    The focus of this report is the U.S. solar electricity market, including photovoltaic (PV) and concentrating solar power (CSP) technologies. The report is organized into five chapters. Chapter 1 provides an overview of global and U.S. installation trends. Chapter 2 presents production and shipment data, material and supply chain issues, and solar industry employment trends. Chapter 3 presents cost, price, and performance trends. Chapter 4 discusses policy and market drivers such as recently passed federal legislation, state and local policies, and developments in project financing. Chapter 5 provides data on private investment trends and near-term market forecasts.

  13. Dynamic modeling of Shenzhen's real estate market : understanding the oscillation and trend

    E-Print Network [OSTI]

    Qian, Jim Jinzhou

    2014-01-01

    This thesis studies the causes of long term market oscillations in real estate markets. It tries to answer the question whether Shenzhen's real estate property prices are driven by speculation and will experience "chronic ...

  14. Locational-based Coupling of Electricity Markets: Benefits from Coordinating Unit Commitment and Balancing Markets

    E-Print Network [OSTI]

    van der Weijde, Adriaan Hendrik; Hobbs, Benjamin F.

    their own market areas, while attempting to maintain day-ahead schedules of international power exchange (Oggioni & Smeers 2009). If neighbouring operators could coordinate their balancing markets while respecting locational constraints, redispatch costs...

  15. Electrifying Integration: Electricity Production and the South-East Europe Regional Energy Market

    E-Print Network [OSTI]

    Hooper, E.; Medvedev, A.

    an anonymous referee. ELECTRIFYING INTEGRATION: ELECTRICITY PRODUCTION AND THE SOUTH-EAST EUROPE REGIONAL ENERGY MARKET Elizabeth Hooper and Andrei Medvedev Centre for Competition Policy University of East Anglia, Norwich NR4 7TJ, United... and territories of the region entered a legally binding agreement, the Energy Treaty which established the Energy Community of South East Europe (ECSEE), and committed the parties to the formation of a regional electricity market. All are new or aspiring...

  16. The robustness of agent-based models of electricity wholesale markets

    E-Print Network [OSTI]

    Newberry, David

    2012-05-28

    Electricity Market by facilitating cross-border trade to increase competition within each Member State, although progress to- wards e¢ cient use of interconnectors through market coupling has been until recently very slow. With the Third Package, the creation... in such markets, and even harder to model strategic behaviour with transmission constraints (and most interconnectors are heavily congested). Once one abandons the quest for analytic solutions, the way is open to computer sim- ulation that can include more...

  17. Using Weather Derivatives to Improve the Efficiency of Forward Markets for Electricity*

    E-Print Network [OSTI]

    is an effective way to reduce the risk of purchasing electricity in a spot market. The main advantages are 1 of this paper is to use weather options to deal with the risk faced by customers in a volatile market prices. In reality, these options do not work very well as direct hedges against high prices in the spot

  18. An Institutional Frame to Compare Alternative Market Designs in EU Electricity Balancing

    E-Print Network [OSTI]

    Glachant, Jean-Michel; Saguan, Marcelo

    The so-called â electricity wholesale marketâ is, in fact, a sequence of several markets. The chain is closed with a provision for â balancing,â in which energy from all wholesale markets is balanced under the authority of the Transmission...

  19. Analysis of Competitive Electricity Markets under a New Model of Real-Time Retail Pricing with

    E-Print Network [OSTI]

    Bhatia, Sangeeta

    Analysis of Competitive Electricity Markets under a New Model of Real-Time Retail Pricing with Ex@tum.de Abstract--In this paper, we propose a new real-time retail pricing model characterized by ex and robustness properties than pure exant´e pricing. Index Terms--Real-Time Pricing, Market Stability, Economic

  20. Greed and Good Intentions: What Really Happened in California's Electricity Markets

    SciTech Connect (OSTI)

    Warwick, William M.; Grover, Stephen

    2002-03-01

    This article gives a detailed account of the 2000-2001 energy crisis in California. Deregulation of California's electric power industry is described and factors leading up to the failure of retail power markets are explained. The current state of the power market in California is also reported.

  1. Pricing and Firm Conduct in California's Deregulated Electricity Market

    E-Print Network [OSTI]

    California at Berkeley. University of

    and fall 2000. The incumbent utilities were required to purchase power at high wholesale prices and to sell, the organized market broke down, and the state government was required to step in to purchase power. Market of the Program on Workable Energy Regulation (POWER). POWER is a program of the University of California Energy

  2. Benefits of Demand Response in Electricity Markets and Recommendations...

    Broader source: Energy.gov (indexed) [DOE]

    bear little relation to the true production costs of electricity as they vary over time. Demand response is a tariff or program established to motivate changes in electric use by...

  3. The Market Value and Cost of Solar Photovoltaic Electricity Production

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    Solar PV Among analyses of solar PV costs, there is perhapsin the decline of solar PV costs over the last 30 years.declining trend in solar PV costs is critical to formulating

  4. Electricity Bill Savings from Residential Photovoltaic Systems: Sensitivities to Changes in Future Electricity Market Conditions

    E-Print Network [OSTI]

    Darghouth, Naim

    2014-01-01

    efficiency of real-time electricity pricing. Energy JournalTime-varying retail electricity prices: Theory and practice.Electricity Deregulation: Choices and Challenges.

  5. Evolution of Wholesale Electricity Market Design with Increasing Levels of Renewable Generation

    SciTech Connect (OSTI)

    Ela, E.; Milligan, M.; Bloom, A.; Botterud, A.; Townsend, A.; Levin, T.

    2014-09-01

    Variable generation such as wind and photovoltaic solar power has increased substantially in recent years. Variable generation has unique characteristics compared to the traditional technologies that supply energy in the wholesale electricity markets. These characteristics create unique challenges in planning and operating the power system, and they can also influence the performance and outcomes from electricity markets. This report focuses on two particular issues related to market design: revenue sufficiency for long-term reliability and incentivizing flexibility in short-term operations. The report provides an overview of current design and some designs that have been proposed by industry or researchers.

  6. Optimal Contract for Wind Power in Day-Ahead Electricity Markets

    E-Print Network [OSTI]

    Wierman, Adam

    Optimal Contract for Wind Power in Day-Ahead Electricity Markets Desmond W. H. Cai1 Sachin Adlakha2 integration in current electric power systems. In this work, we study how a wind power producer can bid wind power producer will produce as much as wind power is available (up to its contract size). 1

  7. EFFICIENT PRICING IN ELECTRICITY MARKETS: WHO IS ON REAL-TIME PRICING 

    E-Print Network [OSTI]

    Fontana, Michelle

    2011-08-08

    commercial and industrial users of electricity pay prices that reflect the social cost of power at the time of consumption. This pricing mechanism is called “real-time pricing” (RTP) in electricity markets. I have access to a unique, new dataset of virtually...

  8. Dynamic Interactions in the Western United States Electricity Spot Markets Christine A. Jerko

    E-Print Network [OSTI]

    are balanced on a knife-edge with weather grid reliability, grid dynamics, transmission dynamicsDynamic Interactions in the Western United States Electricity Spot Markets Christine A. Jerko Economic Research Analyst at Tractebel Electricity & Gas International, Houston, TX James W. Mjelde

  9. Analysis of Competitive Electricity Markets under a New Model of Real-Time Retail Pricing with

    E-Print Network [OSTI]

    Hirche, Sandra

    Analysis of Competitive Electricity Markets under a New Model of Real-Time Retail Pricing with Ex loop system. Under this pricing mechanism, electricity is priced at the exant´e price (calculated based, dahleh, mitter}@mit.edu Siemens Corporate Technology, Munich, Germany dragan

  10. ESTIMATING THE VOLATILITY OF SPOT PRICES IN RESTRUCTURED ELECTRICITY MARKETS AND THE IMPLICATIONS FOR OPTION VALUES

    E-Print Network [OSTI]

    Draft 1e ESTIMATING THE VOLATILITY OF SPOT PRICES IN RESTRUCTURED ELECTRICITY MARKETS depends critically on the specification and estimation of the stochastic process that describes the price path. Accurate valuation of claims based on competitive electricity prices has proved problematic

  11. A uniform price auction with locational price adjustments for competitive electricity markets

    E-Print Network [OSTI]

    A uniform price auction with locational price adjustments for competitive electricity markets Price auction is an appropriate institution. However, an efficient implementation of this auction in an electricity context requires that the offers used in the auction reflect the appropriate locational price

  12. A Comparison of Electricity Market Designs in Networks

    E-Print Network [OSTI]

    Ehrenmann, A; Neuhoff, Karsten

    2004-06-16

    . Harvey, Hogan and Pope (1996) suggested that the separated market design will exhibit inefficiencies when there is uncertainty, which can be empirically shown by the example of the German-Dutch interconnector (see Neuhoff 2003). These claims to efficiency...

  13. Allocating Transmission to Mitigate Market Power in Electricity Networks

    E-Print Network [OSTI]

    Neuhoff, Karsten; Newbery, David; Gilbert, Richard

    2004-06-16

    42200034307) is gratefully acknowledged. Sidgwick Avenue, Cambridge CB3 9DE, England Phone 44 1223 335200, Fax 44 1223 335299 1 interconnector capacity has an additional advantage as it reduces local market power (Joskow and Schmalensee, 1983). In many...

  14. Simulation Scenarios for the Western Electricity Market A Discussion Paper for the California Energy Commission Workshop on

    E-Print Network [OSTI]

    Ford, Andrew

    Simulation Scenarios for the Western Electricity Market A Discussion Paper for the California Energy Commission Workshop on Alternative Market Structures for California November 2001 Professor Andrew This paper was written to promote discussion at a workshop on alternative electricity markets in California

  15. Entropy of the Nordic electricity market: anomalous scaling, spikes, and mean-reversion

    E-Print Network [OSTI]

    Perello, J; Montero, M; Palatella, L; Simonsen, I; Masoliver, Jaume; Montero, Miquel; Palatella, Luigi; Perello, Josep; Simonsen, Ingve

    2006-01-01

    The electricity market is a very peculiar market due to the large variety of phenomena that can affect the spot price. However, this market still shows many typical features of other speculative (commodity) markets like, for instance, data clustering and mean reversion. We apply the diffusion entropy analysis (DEA) to the Nordic spot electricity market (Nord Pool). We study the waiting time statistics between consecutive spot price spikes and find it to show anomalous scaling characterized by a decaying power-law. The exponent observed in data follows a quite robust relationship with the one implied by the DEA analysis. We also in terms of the DEA revisit topics like clustering, mean-reversion and periodicities. We finally propose a GARCH inspired model but for the price itself. Models in the context of stochastic volatility processes appear under this scope to have a feasible description.

  16. Application to Export Electric Energy OE Docket No. EA-296-B Rainbow Energy Marketing Corp: Federal Register Notice, Volume 77, No. 66- April 4, 2012

    Broader source: Energy.gov [DOE]

    Application from Rainbow Energy Marketing Corp to export electric energy to Canada. Federal Register Notice.

  17. Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

    on simulated electricity spot prices in Germany, using theelectricity generation on spot market prices in Germany.

  18. Inefficiencies and Market Power in Financial Arbitrage: A Study of California’s Electricity Markets

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, James; Wolfram, Catherine D

    2006-01-01

    in the California Power Exchange Energy Markets. ” Preparedhour. Trading in the Power Exchange (PX) took place the dayahead prices in the Power Exchange were more than 15% below

  19. Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, James; Knittel, Christopher R.; Wolfram, Catherine

    2004-01-01

    in the California Power Exchange Energy Markets. ” Preparedhour. Trading in the Power Exchange (PX) took place the dayahead prices in the Power Exchange were more than 15% below

  20. EV Everywhere: America's Plug-In Electric Vehicle Market Charges...

    Energy Savers [EERE]

    the world's total and our transportation system producing a third of the country's carbon pollution, improving plug-in electric vehicle technology and increasing the number of...

  1. California wins by collaborating with China on electric vehicle market

    E-Print Network [OSTI]

    California at Davis, University of

    and strengthened policies. The motivation is clean air, as well as energy security and enhancing the domestic auto, renewable electricity and nuclear energy. #12;California can also benefit by learning from China's electric for climate policy. It is very likely the success of PEVs, along with renewable energy, played a role in China

  2. Analysis on various pricing scenarios in a deregulated electricity market 

    E-Print Network [OSTI]

    Afanador Delgado, Catalina

    2006-10-30

    to February 28, 2006, purchasing electricity on the tiered price would have cost $13,810,560. The forward contract, that is, purchasing electricity on a fixed rate, was the next cheapest with an energy cost of $14,266,870 from March 1, 2005 to February 28...

  3. Diagnosing and Mitigating Market Power in Chile's Electricity Industry

    E-Print Network [OSTI]

    Arellano, M. Soledad

    2004-06-16

    , Santiago Chile. Email: sarellano@dii.uchile.cl 1 1 Introduction Chile reformed and restructured its power industry in the early 1980's. Competition among generators was promoted and a 'simulated' spot market was created. Prices in this market were not truly... to 29.577 GWh, 37% of which was hydro-reservoir generation, 38% thermal generation and 26% hydro- Run-of-River (ROR) generation. Maximum demand in the year 2000 amounted to 4576 MW (April). The generating sector is highly concentrated: 93% of total...

  4. Liberalising the Dutch Electricity Market: 1998-2004

    E-Print Network [OSTI]

    van Damme, Eric

    2006-03-14

    of the residential retail market, where demand side subsidies were used to reach the Kyoto targets, which proved to be an expensive and ineffective system. In section 8, we draw some overall conclusions. 2. THE DUTCH MARKET IN 19981 The Energy Act of 1989... , while EPZ had 0.85 GW (6%) this including a nuclear station of 450 MW. The 6-7 GW of distributed (or ‘decentral’) generation capacity, was mainly CHP, co-owned by distribution companies and industry. This situation would largely remain unchanged until...

  5. Electricity Market Design: An Integrated Approach to Reliability Assurance

    E-Print Network [OSTI]

    McCalley, James D.

    -constrained generator unit commitment in the day-ahead market and security-constrained economic dispatch, security-constrained eco- nomic dispatch (SCED), security-constrained unit commitment (SCUC). I approach in the United States and throughout the world for well over a decade [3], [4]. In addition

  6. Role of CCTs in the evolving domestic electricity market

    SciTech Connect (OSTI)

    Grahame, T.J. [Dept. of Energy, Washington, DC (United States). Office of Coal and Power Systems

    1997-12-31

    The paper summarizes the key points and issues in the role of clean coal technologies in the domestic marketplace. Then suggested solutions to bringing precommercial CCTs to the market are presented. Finally, the outlook for possible actions by government and the private sector are briefly discussed.

  7. The Market Value and Cost of Solar Photovoltaic Electricity Production

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    the premium value of solar PV power to 0%-20% again. Whilepower to that location. While few dispute that the direct cost of electricity from the currently available solar

  8. The Market Value and Cost of Solar Photovoltaic Electricity Production

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    behind table 2 if one is evaluating solar PV production overthan one to two percentage points in solar PV valuation. Areplaced by one unit of electricity from on-site solar PV is

  9. The Brazilian electricity market : small hydropower strategic planning

    E-Print Network [OSTI]

    Rodriguez Gonzalez Cortes, Thomaz

    2015-01-01

    In 2013, Brazil had the 9th largest electricity generation in the planet, while having the 3rd largest hydroelectric generation (BP Global, 2015). Having more than 70% of its installed capacity coming from hydropower puts ...

  10. Competition and contracts in the Nordic Residential Electricity Markets

    E-Print Network [OSTI]

    Littlechild, Stephen C.

    2006-03-14

    , or rental versus ownership, or the predominance of district heating in apartments in urban areas. There is 8 Table 4 Switching by customer type in Sweden October 2004 Customer type Switched supplier % Contract with existing supplier % Total active... -switchers. evidence that customers in houses with electric heating are more active than customers in houses without electric heating. 16 Ofgem (2004 p. 188) has found that relative prices are important determinants of switching, and that the largest suppliers...

  11. Green Power Marketing in the United States. A Status Report (Tenth Edition)

    SciTech Connect (OSTI)

    Bird, Lori; Dagher, Leila; Swezey, Blair

    2007-12-01

    This report documents green power marketing activities and trends in the United States, focusing on consumer decisions to purchase electricity supplied from renewable energy sources and how this choice represents a powerful market support mechanism for renewable energy development. The report presents aggregate green power sales data for all voluntary purchase markets across the United States. It also provides summary data on utility green pricing programs offered in regulated electricity markets, on green power marketing activity in competitive electricity markets, and green power sold to voluntary purchasers in the form of renewable energy certificates. It also includes a discussion of key market trends and issues.

  12. Efficiency-risk tradeoffs in dynamic oligopoly markets : with application to electricity markets

    E-Print Network [OSTI]

    Huang, Qingqing, S.M. Massachusetts Institute of Technology

    2013-01-01

    In an abstract framework, we examine how a tradeoff between efficiency and risk arises in different dynamic oligopolistic markets. We consider a scenario where there is a reliable resource provider and agents which enter ...

  13. An institutional design for an electricity contract market with central dispatch

    SciTech Connect (OSTI)

    Chao, Hung-po; Peck, S.

    1997-02-01

    Chao and Peck (1996) introduce a new approach to the design of an efficient market that explicitly incorporates these externalities so that market efficiency can be restored. The main idea is the introduction of tradable transmission capacity rights that closely match physical power flows and a trading rule that codifies the effects of power transfers on power flows and transmission losses throughout the network in a way that is consistent with the physical laws. The trading rule specifies the transmission capacity rights and transmission loss compensation required for electricity transactions. It is demonstrated that the market mechanism will produce an efficient allocation in equilibrium, and a dynamic trading process that involves electricity trading and transmission bidding will converge to a market equilibrium in a stable manner. 11 refs., 6 figs., 5 tabs.

  14. Missing Money--Will the Current Electricity Market Structure Support High (~50%) Wind/Solar?; NREL (National Renewable Energy Laboratory)

    SciTech Connect (OSTI)

    Milligan, Michael

    2015-05-15

    This presentation summarizes the missing money problem and whether the current electricity market structure will support high penetration levels of wind and solar.

  15. Generator Bidding Strategies in a Competitive Electricity Market with Derating and Bid-Segment Considerations

    SciTech Connect (OSTI)

    Lu, Ning; Chow, Joe H.; Desrochers, Alan A.

    2009-07-31

    This paper develops optimal generator bidding strategies in a competitive electricity market. Starting from a generator’s cost curve, basic bidding concepts such as the break-even bid curve and the maximum profit bid curve can be readily derived. The maximum profit bid curve can be extended to account for generator availability and derating. In addition, multiple-segment block energy bids can be optimized based on the maximum profit curve and the probabilistic distribution of market clearing prices.

  16. Electricity market design for generator revenue sufficiency with increased

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration would like submitKansas Nuclear ProfileMultiferroic 2015Program ElectricityElectricity

  17. Index Contracts and Spot Market Competition

    E-Print Network [OSTI]

    Le Coq, Chloe

    2007-01-01

    Nordic Residen- tial Electricity Markets", Cambridge Workingin a Competitive Electricity Market", In- ternationalin Wholesale Electricity Markets", Mimeo, Standford Uni-

  18. Caught Between Theory and Practice: Government, Market and Regulatory Failures in Electricity

    E-Print Network [OSTI]

    Nepal, Rabindra; Jamasb, Tooraj

    2013-03-01

    Britain via the Moyle interconnector amounting to almost 4.7% (about 500 MW) of total SEM generation capacity. The all-island market is set to expand interconnections and improve market integration with GB with the operation of the East-West 19... interconnector (500 MW) connecting Ireland with Wales (De Nooij, 2011). Further, the regulatory authorities of France, UK and Ireland (FUI) have proposed to couple the day ahead wholesale electricity markets in these countries by 2014 in line with the EU...

  19. Role of Pumped Storage Hydro Resources in Electricity Markets and System Operation: Preprint

    SciTech Connect (OSTI)

    Ela, E.; Kirby, B.; Botterud, A.; Milostan, C.; Krad, I.; Koritarov, V.

    2013-05-01

    The most common form of utility- sized energy storage system is the pumped storage hydro system. Originally, these types of storage systems were economically viable simply because they displace more expensive generating units. However, over time, as those expensive units became more efficient and costs declined, pumped hydro storage units no longer have the operational edge. As a result, in the current electricity market environment, pumped storage hydro plants are struggling. To offset this phenomenon, certain market modifications should be addressed. This paper will introduce some of the challenges faced by pumped storage hydro plants in today's markets and purpose some solutions to those problems.

  20. Understanding electricity market reforms and the case of Philippine deregulation

    SciTech Connect (OSTI)

    Santiago, Andrea; Roxas, Fernando

    2010-03-15

    The experience of the Philippines offers lessons that should be relevant to any country seeking to deregulate its power industry. Regardless of structure, consumers must face the real price of electricity production and delivery that is closer to marginal cost. Politically motivated prices merely shift the burden from ratepayers to taxpayers. And any reform should work within a reasonable timetable. (author)

  1. Electricity Bill Savings from Residential Photovoltaic Systems: Sensitivities to Changes in Future Electricity Market Conditions

    E-Print Network [OSTI]

    Darghouth, Naim

    2014-01-01

    Mix High Storage Demand Response Increased CSP / decreased2011. Mass Market Demand Response and Variable GenerationMix With Short-Term Demand Response and Wind Penetration.

  2. Assumption to the Annual Energy Outlook 2014 - Electricity Market Module

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (BillionProved Reserves (BillionTechnical InformationDecade Year-0 2Market Module This page

  3. Reforming Competitive Electricity Markets to Meet Environmental Targets

    E-Print Network [OSTI]

    Newbery, David

    if it goes ahead. Although the Carbon Price Floor (CPF) would make nuclear and on-shore wind economic (but not PV, CCS or off-shore wind, at least until after 2020), the CPF by itself is hardly bankable, and the aim is to increase the share of debt... it will encourage other countries to adopt these technologies when their costs fall sufficiently, thereby mitigating CO2 emissions with universal benefit. While it can be argued that all such learning and R&D creates market failures that justify public...

  4. Electricity Markets Analysis (EMA) Model | Open Energy Information

    Open Energy Info (EERE)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on QA:QA J-E-1 SECTIONRobertsdale, AlabamaETEC GmbH Jump to:Providence,NewInformation at SantaTransmissionArea,Markets

  5. Electricity Market Complex Adaptive System | Open Energy Information

    Open Energy Info (EERE)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on QA:QA J-E-1 SECTION J APPENDIX E LISTStar2-0057-EA Jump to:of theClimate Finance ReadinessNo4 Pinal CntyMarket Complex

  6. The role of vibrant retail electricity markets in assuring that wholesale power markets operate effectively

    SciTech Connect (OSTI)

    Goulding, A.J.; Rufin, C.; Swinand, G.

    1999-12-01

    Barriers to competitive supplier entry such as California's wholesale-price pass-through model can provide an almost insurmountable barrier to effective retail competition. The telecommunications, airline, and software industries provide lessons--positive and negative--on how creating competitive wholesale markets is insufficient to bring the benefits of competition to smaller consumers.

  7. Electronic copy available at: http://ssrn.com/abstract=2046853 Can Agent-Based Models Forecast Spot Prices in Electricity Markets? Evidence from the New

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    Spot Prices in Electricity Markets? Evidence from the New Zealand Electricity Market David Young1 , Stephen Poletti2 , Oliver Browne2 24th January 2012 Abstract Modelling price formation in electricity markets is a notoriously difficult process, due to physical constraints on electricity generation and flow

  8. Quantifying the value of hydropower in the electric grid : role of hydropower in existing markets.

    SciTech Connect (OSTI)

    Loose, Verne W.

    2011-01-01

    The electrical power industry is facing the prospect of integrating a significant addition of variable generation technologies in the next several decades, primarily from wind and solar facilities. Overall, transmission and generation reserve levels are decreasing and power system infrastructure in general is aging. To maintain grid reliability modernization and expansion of the power system as well as more optimized use of existing resources will be required. Conventional and pumped storage hydroelectric facilities can provide an increasingly significant contribution to power system reliability by providing energy, capacity and other ancillary services. However, the potential role of hydroelectric power will be affected by another transition that the industry currently experiences - the evolution and expansion of electricity markets. This evolution to market-based acquisition of generation resources and grid management is taking place in a heterogeneous manner. Some North American regions are moving toward full-featured markets while other regions operate without formal markets. Yet other U.S. regions are partially evolved. This report examines the current structure of electric industry acquisition of energy and ancillary services in different regions organized along different structures, reports on the current role of hydroelectric facilities in various regions, and attempts to identify features of market and scheduling areas that either promote or thwart the increased role that hydroelectric power can play in the future. This report is part of a larger effort led by the Electric Power Research Institute with purpose of examining the potential for hydroelectric facilities to play a greater role in balancing the grid in an era of greater penetration of variable renewable energy technologies. Other topics that will be addressed in this larger effort include industry case studies of specific conventional and hydro-electric facilities, systemic operating constraints on hydro-electric resources, and production cost simulations aimed at quantifying the increased role of hydro.

  9. 2008 Solar Technologies Market Report: January 2010

    SciTech Connect (OSTI)

    Not Available

    2010-01-01

    This report focuses on the U.S. solar electricity market, including photovoltaic (PV) and concentrating solar power (CSP) technologies. The report provides an overview of global and U.S. installation trends. It also presents production and shipment data, material and supply chain issues, and solar industry employment trends. It also presents cost, price, and performance trends; and discusses policy and market drivers such as recently passed federal legislation, state and local policies, and developments in project financing. The final chapter provides data on private investment trends and near-term market forecasts.

  10. Case Study: Lessons Learned From Converting Electric Chillers to Steam Chillers in a Electric Deregulated Market

    E-Print Network [OSTI]

    Wohl, J.

    2001-01-01

    was that a flatter load profile due to steam cooling should allow better electric pricing from energy suppliers....

  11. Plug-In Hybrid Electric Vehicle Market Introduction Study: Final Report

    SciTech Connect (OSTI)

    Sikes, Karen; Gross, Thomas; Lin, Zhenhong; Sullivan, John; Cleary, Timothy; Ward, Jake

    2010-02-01

    Oak Ridge National Laboratory (ORNL), Sentech, Inc., Pacific Northwest National Laboratory (PNNL)/University of Michigan Transportation Research Institute (UMTRI), and the U.S. Department of Energy (DOE) have conducted a Plug-in Hybrid Electric Vehicle (PHEV) Market Introduction Study to identify and assess the effect of potential policies, regulations, and temporary incentives as key enablers for a successful market debut. The timeframe over which market-stimulating incentives would be implemented - and the timeframe over which they would be phased out - are suggested. Possible sources of revenue to help fund these mechanisms are also presented. In addition, pinch points likely to emerge during market growth are identified and proposed solutions presented. Finally, modeling results from ORNL's Market Acceptance of Advanced Automotive Technologies (MA3T) Model and UMTRI's Virtual AutoMotive MarketPlace (VAMMP) Model were used to quantify the expected effectiveness of the proposed policies and to recommend a consensus strategy aimed at transitioning what begins as a niche industry into a thriving and sustainable market by 2030. The primary objective of the PHEV Market Introduction Study is to identify the most effective means for accelerating the commercialization of PHEVs in order to support national energy and economic goals. Ideally, these mechanisms would maximize PHEV sales while minimizing federal expenditures. To develop a robust market acceleration program, incentives and policies must be examined in light of: (1) clarity and transparency of the market signals they send to the consumer; (2) expenditures and resources needed to support them; (3) expected impacts on the market for PHEVs; (4) incentives that are compatible and/or supportive of each other; (5) complexity of institutional and regulatory coordination needed; and (6) sources of funding.

  12. FIRST PRICE AND SECOND PRICE AUCTION MODELLING FOR ENERGY CONTRACTS IN LATIN AMERICAN ELECTRICITY MARKETS

    E-Print Network [OSTI]

    Catholic University of Chile (Universidad Católica de Chile)

    FIRST PRICE AND SECOND PRICE AUCTION MODELLING FOR ENERGY CONTRACTS IN LATIN AMERICAN ELECTRICITY and capacity markets have been investigated for this purpose. Latin American mar- kets are exploring energy and couple the existing outlook of primary energy resources and the investment interest by the private sector

  13. Cournot Equilibrium in Price-capped Two-Settlement Electricity Markets

    E-Print Network [OSTI]

    of California Energy Institute 4135 Etcheverry Hall 2547 Channing Way University of California at Berkeley-- We compare two alternative mechanisms for cap- ping prices in two-settlement electricity markets explore the implications of the two alternative mechanisms in a two settlement Cournot equilibrium

  14. Two-Settlement Electric Power Markets with Dynamic-Price Contracts

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    Two-Settlement Electric Power Markets with Dynamic-Price Contracts 27 July 2011 IEEE PES GM: Personnel from PNNL/DOE, XM, RTE, MEC, & MISO IRW Project:IRW Project: Integrated Retail/Wholesale PowerIntegrated Retail/Wholesale Power System Operation with SmartSystem Operation with Smart--Grid Functionality

  15. A method for classifying offer strategies observed in an electricity market

    E-Print Network [OSTI]

    A method for classifying offer strategies observed in an electricity market HyungSeon Oha,*, Robert units will operate at marginal cost when given the ability to offer their power for sale in a uniform they will hedge their profits through higher than marginal cost offers and through withholding units if permitted

  16. Air Separation with Cryogenic Energy Storage: Optimal Scheduling Considering Electric Energy and Reserve Markets

    E-Print Network [OSTI]

    Grossmann, Ignacio E.

    Air Separation with Cryogenic Energy Storage: Optimal Scheduling Considering Electric Energy Aachen, Germany cPraxair, Inc., Business and Supply Chain Optimization R&D, Tonawanda, NY 14150, USA d) storing purchased energy and selling it back to the market during higher-price periods, (3) creating

  17. A SURVEY OF COMMODITY MARKETS AND STRUCTURAL MODELS FOR ELECTRICITY PRICES

    E-Print Network [OSTI]

    Carmona, Rene

    A SURVEY OF COMMODITY MARKETS AND STRUCTURAL MODELS FOR ELECTRICITY PRICES RENE CARMONA AND MICHAEL and the methods which have been proposed to handle them in spot and forward price models. We devote special focus on the important role of other energy prices and fundamental factors in setting the power price

  18. Risk-Based Strategies for Wind/Pumped-Hydro Coordination under Electricity Markets

    E-Print Network [OSTI]

    Boyer, Edmond

    be reduced by coupling the wind farm with energy storage facilities, thus constituting a virtual power plant1 Risk-Based Strategies for Wind/Pumped-Hydro Coordination under Electricity Markets Franck Bourry is able to minimize the imbalance penalty risks associated to wind power forecast uncertainty through

  19. Project Information Form Project Title The Dynamics of Plug-in Electric Vehicles in the Secondary Market and

    E-Print Network [OSTI]

    California at Davis, University of

    Project Until recently, there were very few used plug-in electric vehicles (PEVs) on the market. HoweverProject Information Form Project Title The Dynamics of Plug-in Electric Vehicles in the Secondary Market and Their Implications for Vehicle Demand, Durability, and Emissions University UC Davis Principal

  20. Benefits and Challenges of Achieving a Mainstream Market for Electric Vehicles

    SciTech Connect (OSTI)

    Ungar, Edward [Taratec Corporation; Mueller, Howard [Taratec Corporation; Smith, Brett [Center for Automotive Research

    2010-08-01

    The Plug-in Hybrid electric Vehicle (PHEV) Market Introduction Study Final Report identified a range of policies, incentives and regulations designed to enhance the probability of success in commercializing PHEVs as they enter the automotive marketplace starting in 2010. The objective of the comprehensive PHEV Value Proposition study, which encompasses the PHEV Market Introduction Study, is to better understand the value proposition that PHEVs (as well as other plug-in electric vehicle platforms - PEVs) provide to the auto companies themselves, to the consumer and to the public at large as represented by the government and its public policies. In this report we use the more inclusive term PEVs, to include PHEVs, BEVs (battery electric vehicles that operate only on battery) and EREVs (extended range electric vehicles that combine battery electric vehicles with an internal combustion engine that charges the battery as needed). The objective of Taratec's contribution to Phase 2 of the PHEV Value Proposition Study is to develop a clear understanding of the benefits of PEVs to three stakeholders - auto original equipment manufacturers (OEMs), utilities, and the government - and of the technical and commercial challenges and risks to be overcome in order to achieve commercial success for these vehicles. The goal is to understand the technical and commercial challenges in moving from the 'early adopters' at the point of market introduction of these vehicles to a 'sustainable' mainstream market in which PEVs and other PEVs represent a normal, commercially available and attractive vehicle to the mainstream consumer. For the purpose of this study, that sustainable market is assumed to be in place in the 2030 timeframe. The principal focus of the study is to better understand the technical and commercial challenges in the transition from early adopters to a sustainable mainstream consumer market. Effectively, that translates to understanding the challenges to be overcome during the transition period - basically the middle years as the second and third generation of these vehicles are developed and come to market. The concern is to understand those things that in the near term would delay that transition. The study looked at identifying and then quantifying these technical and commercial risks and benefits from three perspectives: (1) The auto industry original equipment manufacturers (OEMs) themselves; (2) The utilities who will provide the electric 'fuel' that will fully or partially power the vehicles; and (3) The government, representing public policy interest in PEV success. By clarifying and quantifying these benefits and the technical and commercial risks that could delay the transition to a sustainable mainstream market, the study provides the basis for developing recommendations for government policies and support for PHEV and PEV development.

  1. US petroleum price trends by channel: a glimpse of the mega-market

    SciTech Connect (OSTI)

    Not Available

    1987-12-23

    The US petroleum market, by far the largest market in the world, has three crude-oil pricing channels and four refined-product pricing channels. All this daily activity goes on under the veneer of final consumer fuels prices, and the lag time is such that sometimes trading price patterns reverse themselves before American consumers ever experience them. Yet, it is these consumers who yield tremendous power over traders, refiners, and OPEC. This issue is an exercise in price-channel tracking, by trading price type and by region of the US This issue also contains the following: (1) ED refining netback data for the US Gulf and West Coasts, Rotterdam, and Singapore for late December 1987; and (2) ED fuel price/tax series for countries of the Eastern Hemisphere, December 1987 edition. 5 figures, 4 tables.

  2. Biomass Fired Electricity Generation Market | OpenEI Community

    Open Energy Info (EERE)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on QA:QA J-E-1 SECTION J APPENDIX E LISTStar Energy LLC Jump to:Greece:BajoBelpowerBiocarFired Electricity Generation

  3. Competition and Reliability in North American Electricity Markets Technical

    Broader source: Energy.gov (indexed) [DOE]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustmentsShirleyEnergy A plug-in electric vehicle (PEV)Day-June 22,FresnoSky Energy of Ohio

  4. Impacts of Western Area Power Administration`s power marketing alternatives on electric utility systems

    SciTech Connect (OSTI)

    Veselka, T.D.; Portante, E.C.; Koritarov, V. [and others

    1995-03-01

    This technical memorandum estimates the effects of alternative contractual commitments that may be initiated by the Western Area Power Administration`s Salt Lake City Area Office. It also studies hydropower operational restrictions at the Salt Lake City Area Integrated Projects in combination with these alternatives. Power marketing and hydropower operational effects are estimated in support of Western`s Electric Power Marketing Environmental Impact Statement (EIS). Electricity production and capacity expansion for utility systems that will be directly affected by alternatives specified in the EIS are simulated. Cost estimates are presented by utility type and for various activities such as capacity expansion, generation, long-term firm purchases and sales, fixed operation and maintenance expenses, and spot market activities. Operational changes at hydropower facilities are also investigated.

  5. Estimates of U.S. Commercial Building Electricity Intensity Trends: Issues Related to End-Use and Supply Surveys

    SciTech Connect (OSTI)

    Belzer, David B.

    2004-09-04

    This report examines measurement issues related to the amount of electricity used by the commercial sector in the U.S. and the implications for historical trends of commercial building electricity intensity (kWh/sq. ft. of floor space). The report compares two (Energy Information Administration) sources of data related to commercial buildings: the Commercial Building Energy Consumption Survey (CBECS) and the reporting by utilities of sales to commercial customers (survey Form-861). Over past two decades these sources suggest significantly different trend rates of growth of electricity intensity, with the supply (utility)-based estimate growing much faster than that based only upon the CBECS. The report undertakes various data adjustments in an attempt to rationalize the differences between these two sources. These adjustments deal with: 1) periodic reclassifications of industrial vs. commercial electricity usage at the state level and 2) the amount of electricity used by non-enclosed equipment (non-building use) that is classified as commercial electricity sales. In part, after applying these adjustments, there is a good correspondence between the two sources over the the past four CBECS (beginning with 1992). However, as yet, there is no satisfactory explanation of the differences between the two sources for longer periods that include the 1980s.

  6. Marketing and Market Transformation | Department of Energy

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Market Transformation Presentation More Documents & Publications Marketing and Market Transformation Working with the Real Estate Sector Trends in Real Estate and Energy Efficiency...

  7. Next-generation building energy management systems and implications for electricity markets.

    SciTech Connect (OSTI)

    Zavala, V. M.; Thomas, C.; Zimmerman, M.; Ott, A.

    2011-08-11

    The U.S. national electric grid is facing significant changes due to aggressive federal and state targets to decrease emissions while improving grid efficiency and reliability. Additional challenges include supply/demand imbalances, transmission constraints, and aging infrastructure. A significant number of technologies are emerging under this environment including renewable generation, distributed storage, and energy management systems. In this paper, we claim that predictive energy management systems can play a significant role in achieving federal and state targets. These systems can merge sensor data and predictive statistical models, thereby allowing for a more proactive modulation of building energy usage as external weather and market signals change. A key observation is that these predictive capabilities, coupled with the fast responsiveness of air handling units and storage devices, can enable participation in several markets such as the day-ahead and real-time pricing markets, demand and reserves markets, and ancillary services markets. Participation in these markets has implications for both market prices and reliability and can help balance the integration of intermittent renewable resources. In addition, these emerging predictive energy management systems are inexpensive and easy to deploy, allowing for broad building participation in utility centric programs.

  8. Modeling renewable portfolio standards for the annual energy outlook 1998 - electricity market module

    SciTech Connect (OSTI)

    NONE

    1998-02-01

    The Electricity Market Module (EMM) is the electricity supply component of the National Energy Modeling System (NEMS). The EMM represents the generation, transmission, and pricing of electricity. It consists of four submodules: the Electricity Capacity Planning (ECP) Submodule, the Electricity Fuel Dispatch (EFD) Submodule, the Electricity Finance and Pricing (EFP) Submodule, and the Load and Demand-Side Management (LDSM) Submodule. For the Annual Energy Outlook 1998 (AEO98), the EMM has been modified to represent Renewable Portfolio Standards (RPS), which are included in many of the Federal and state proposals for deregulating the electric power industry. A RPS specifies that electricity suppliers must produce a minimum level of generation using renewable technologies. Producers with insufficient renewable generating capacity can either build new plants or purchase {open_quotes}credits{close_quotes} from other suppliers with excess renewable generation. The representation of a RPS involves revisions to the ECP, EFD, and the EFP. The ECP projects capacity additions required to meet the minimum renewable generation levels in future years. The EFD determines the sales and purchases of renewable credits for the current year. The EFP incorporates the cost of building capacity and trading credits into the price of electricity.

  9. Green Power Marketing in the United States. A Status Report (2009 Data)

    SciTech Connect (OSTI)

    Bird, Lori; Sumner, Jenny

    2010-09-01

    This report documents green power marketing activities and trends in the United States. First, aggregate green power sales data for all voluntary purchase markets across the United States are presented. Next, we summarize data on utility green pricing programs offered in regulated electricity markets; green power marketing activity in competitive electricity markets, as well as green power sold to voluntary purchasers in the form of RECs; and renewable energy sold as greenhouse gas offsets in the United States. Finally, this is followed by a discussion of key market trends and issues. The data presented in this report are based primarily on figures provided to NREL by utilities and independent renewable energy marketers.

  10. Green Power Marketing in the United States: A Status Report (2009 Data)

    SciTech Connect (OSTI)

    Bird, L.; Sumner, J.

    2010-09-01

    This report documents green power marketing activities and trends in the United States. First, aggregate green power sales data for all voluntary purchase markets across the United States are presented. Next, we summarize data on utility green pricing programs offered in regulated electricity markets; green power marketing activity in competitive electricity markets, as well as green power sold to voluntary purchasers in the form of RECs; and renewable energy sold as greenhouse gas offsets in the United States. Finally, this is followed by a discussion of key market trends and issues. The data presented in this report are based primarily on figures provided to NREL by utilities and independent renewable energy marketers.

  11. Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

    into the day-ahead market, using solar production forecasts.Impact of Solar PV on Electricity Markets in Texas (PreparedS. , 2008. The Market Value and Cost of Solar Photovoltaic

  12. Abstract--Transmission expansion in fast growing economies imposes severe challenges to electricity markets, given the need

    E-Print Network [OSTI]

    Dixon, Juan

    and persistent increases in the per capita energy consumption bring about high electricity load growth rates to electricity markets, given the need for planning and executing major midterm investments in an environment, renewable energy, renewable integration, electricity regulation I. INTRODUCTION EALING with uncertainty has

  13. Do Generation Firms in Restructured Electricity Markets Have Incentives to Support Social-Welfare-Improving Transmission Investments? *

    E-Print Network [OSTI]

    Oren, Shmuel S.

    Transmission Grid Study of the U.S. Department of Energy (Abraham, 2002) declares: "Growth in electricity of incentives for investment in the U.S. electricity transmission system are sparse. Moreover, noneDo Generation Firms in Restructured Electricity Markets Have Incentives to Support Social

  14. Presented at 38th Annual Hawaii International Conference on Systems Science, Waikoloa, HI, Jan. 5-8,2005 Market Structure and the Predictability of Electricity System Line Flows

    E-Print Network [OSTI]

    -8,2005 Market Structure and the Predictability of Electricity System Line Flows: An Experimental Analysis Nodir system that is commonly used in most electricity markets. DRP was usually somewhere in between. Not only of typical single- sided electricity markets, the resulting simulated line flows are linearly proportional

  15. Price Responsive Demand in New York Wholesale Electricity Market using OpenADR

    SciTech Connect (OSTI)

    Kim, Joyce Jihyun; Kiliccote, Sila

    2012-06-01

    In New York State, the default electricity pricing for large customers is Mandatory Hourly Pricing (MHP), which is charged based on zonal day-ahead market price for energy. With MHP, retail customers can adjust their building load to an economically optimal level according to hourly electricity prices. Yet, many customers seek alternative pricing options such as fixed rates through retail access for their electricity supply. Open Automated Demand Response (OpenADR) is an XML (eXtensible Markup Language) based information exchange model that communicates price and reliability information. It allows customers to evaluate hourly prices and provide demand response in an automated fashion to minimize electricity costs. This document shows how OpenADR can support MHP and facilitate price responsive demand for large commercial customers in New York City.

  16. The evolving price of household LED lamps: Recent trends and historical comparisons for the US market

    SciTech Connect (OSTI)

    Gerke, Brian F.; Ngo, Allison T.; Alstone, Andrea L.; Fisseha, Kibret S.

    2014-10-14

    In recent years, household LED light bulbs (LED A lamps) have undergone a dramatic price decline. Since late 2011, we have been collecting data, on a weekly basis, for retail offerings of LED A lamps on the Internet. The resulting data set allows us to track the recent price decline in detail. LED A lamp prices declined roughly exponentially with time in 2011-2014, with decline rates of 28percent to 44percent per year depending on lumen output, and with higher-lumen lamps exhibiting more rapid price declines. By combining the Internet price data with publicly available lamp shipments indices for the US market, it is also possible to correlate LED A lamp prices against cumulative production, yielding an experience curve for LED A lamps. In 2012-2013, LED A lamp prices declined by 20-25percent for each doubling in cumulative shipments. Similar analysis of historical data for other lighting technologies reveals that LED prices have fallen significantly more rapidly with cumulative production than did their technological predecessors, which exhibited a historical decline of 14-15percent per doubling of production.

  17. Linear Clearing Prices in Non-Convex European Day-Ahead Electricity Markets

    E-Print Network [OSTI]

    Martin, Alexander; Pokutta, Sebastian

    2012-01-01

    The European power grid can be divided into several market areas where the price of electricity is determined in a day-ahead auction. Market participants can provide continuous hourly bid curves and combinatorial bids with associated quantities given the prices. The goal of our auction is to maximize the economic surplus of all participants subject to transmission constraints and the existence of linear prices. In general strict linear prices do not exist in non-convex markets. Therefore we enforce the existence of linear prices where no one incurs a loss and only combinatorial bids might see a not realized gain. The resulting optimization problem is an MPEC that can not be solved efficiently by a standard solver. We present an exact algorithm and a fast heuristic for this type of problem. Both algorithms decompose the MPEC into a master MIP and price subproblems (LPs). The modeling technique and the algorithms are applicable to all MIP based combinatorial auctions.

  18. Lost Economies of Integration and the Costs of Creating Markets in Electricity Restructuring: Evidence from Ontario

    SciTech Connect (OSTI)

    Houldin, Russell William

    2005-10-01

    The public good nature of bulk grid electricity leads to a twist on the economic debate about oligopoly and economies of scale and scope. In contestability theory, the introduction of 'competitive conditions' aims to reduce oligopoly rents; in the case of Ontario, it seems that the attempt to create a 'competitive market' has created new opportunities for rent accrual. That suggests that a return to a more integrated system might be the best course of action.

  19. A Mixed Nordic Experience: Implementing Competitive Retail Electricity Markets for Household Customers

    SciTech Connect (OSTI)

    Olsen, Ole Jess; Johnsen, Tor Arnt; Lewis, Philip

    2006-11-15

    Although the Nordic countries were among the first to develop competition in the electricity industry, it took a long time to make retail competition work. In Norway and Sweden a considerable number of households are actively using the market but very few households are active in Finland and Denmark. One problem has been institutional barriers involving metering, limited unbundling of distribution and supply, and limited access to reliable information on contracts and prices. (author)

  20. Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience, Summary for Policymakers

    SciTech Connect (OSTI)

    Cochran, J.; Bird, L.; Heeter, J.; Arent, D. A.

    2012-04-01

    Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.

  1. Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience

    SciTech Connect (OSTI)

    Cochran, J.; Bird, L.; Heeter, J.; Arent, D. A.

    2012-04-01

    Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This study documents the diverse approaches to effective integration of variable renewable energy among six countries -- Australia (South Australia), Denmark, Germany, Ireland, Spain, and the United States (Western region-Colorado and Texas)-- and summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. Each country has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. The ability to maintain a broad ecosystem perspective, to organize and make available the wealth of experiences, and to ensure a clear path from analysis to enactment should be the primary focus going forward.

  2. Integrating Variable Renewable Energy in Electric Power Markets. Best Practices from International Experience

    SciTech Connect (OSTI)

    Cochran, Jaquelin; Bird, Lori; Heeter, Jenny; Arent, Douglas J.

    2012-04-30

    Many countries—reflecting very different geographies, markets, and power systems—are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.

  3. Integrating Variable Renewable Energy in Electric Power Markets. Best Practices from International Experience, Summary for Policymakers

    SciTech Connect (OSTI)

    Cochran, Jaquelin; Bird, Lori; Heeter, Jenny; Arent, Douglas J.

    2012-04-30

    Many countries - reflecting very different geographies, markets, and power systems - are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.

  4. The Impact of Energy Efficiency and Demand Response Programs on the U.S. Electricity Market

    SciTech Connect (OSTI)

    Baek, Young Sun; Hadley, Stanton W

    2012-01-01

    This study analyzes the impact of the energy efficiency (EE) and demand response (DR) programs on the grid and the consequent level of production. Changes in demand caused by EE and DR programs affect not only the dispatch of existing plants and new generation technologies, the retirements of old plants, and the finances of the market. To find the new equilibrium in the market, we use the Oak Ridge Competitive Electricity Dispatch Model (ORCED) developed to simulate the operations and costs of regional power markets depending on various factors including fuel prices, initial mix of generation capacity, and customer response to electricity prices. In ORCED, over 19,000 plant units in the nation are aggregated into up to 200 plant groups per region. Then, ORCED dispatches the power plant groups in each region to meet the electricity demands for a given year up to 2035. In our analysis, we show various demand, supply, and dispatch patterns affected by EE and DR programs across regions.

  5. Reliability of the U.S. electric system -- Recent trends and current issues

    E-Print Network [OSTI]

    Osborn, Julie; Kawann, Cornelia

    2002-01-01

    since 1990, the average SAIDI and SAIFI indices attributableTrends and Current Issues SAIDI SAIFI SC SCADA SERC SPP TO? N C N i ? r N ? N i i i SAIDI SAIFI 5. LOLE (Loss of Load

  6. Market Brief. Status of the Voluntary Renewable Energy Certificate Market (2011 Data)

    SciTech Connect (OSTI)

    Heeter, Jenny; Armstrong, Philip; Bird, Lori

    2012-09-01

    This report documents the status and trends of U.S. 'voluntary' markets -- those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Voluntary REC markets continue to exhibit growth and spur renewable energy development. Voluntary green power markets provide an additional revenue stream for renewable energy projects and raise consumer awareness of the benefits of renewable energy. Although a full estimate of the size of the voluntary market is not available for 2011, this review uses indicative metrics to capture 2011 voluntary market trends.

  7. Market Brief: Status of the Voluntary Renewable Energy Certificate Market (2011 Data)

    SciTech Connect (OSTI)

    Heeter, J.; Armstrong, P.; Bird, L.

    2012-09-01

    This report documents the status and trends of U.S. 'voluntary' markets -- those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Voluntary REC markets continue to exhibit growth and spur renewable energy development. Voluntary green power markets provide an additional revenue stream for renewable energy projects and raise consumer awareness of the benefits of renewable energy. Although a full estimate of the size of the voluntary market is not available for 2011, this review uses indicative metrics to capture 2011 voluntary market trends.

  8. A Primer on Electric Utilities, Deregulation, and Restructuring of U.S. Electricity Markets

    SciTech Connect (OSTI)

    Warwick, William M.

    2002-06-03

    This primer is offered as an introduction to utility restructuring to better prepare readers for ongoing changes in public utilities and associated energy markets. It is written for use by individuals with responsibility for the management of facilities that use energy, including energy managers, procurement staff, and managers with responsibility for facility operations and budgets. The primer was prepared by the Pacific Northwest National Laboratory under sponsorship from the U.S. Department of Energy?s Federal Energy Management Program. The impetus for this primer originally came from the Government Services Administration who supported its initial development.

  9. Potential Applications for Nuclear Energy besides Electricity Generation: AREVA Global Perspective of HTR Potential Market

    SciTech Connect (OSTI)

    Soutworth, Finis; Gauthier, Jean-Claude; Lecomte, Michel; Carre, Franck

    2007-07-01

    Energy supply is increasingly showing up as a major issue for electricity supply, transportation, settlement, and process heat industrial supply including hydrogen production. Nuclear power is part of the solution. For electricity supply, as exemplified in Finland and France, the EPR brings an immediate answer; HTR could bring another solution in some specific cases. For other supply, mostly heat, the HTR brings a solution inaccessible to conventional nuclear power plants for very high or even high temperature. As fossil fuels costs increase and efforts to avoid generation of Greenhouse gases are implemented, a market for nuclear generated process heat will develop. Following active developments in the 80's, HTR have been put on the back burner up to 5 years ago. Light water reactors are widely dominating the nuclear production field today. However, interest in the HTR technology was renewed in the past few years. Several commercial projects are actively promoted, most of them aiming at electricity production. ANTARES is today AREVA's response to the cogeneration market. It distinguishes itself from other concepts with its indirect cycle design powering a combined cycle power plant. Several reasons support this design choice, one of the most important of which is the design flexibility to adapt readily to combined heat and power applications. From the start, AREVA made the choice of such flexibility with the belief that the HTR market is not so much in competition with LWR in the sole electricity market but in the specific added value market of cogeneration and process heat. In view of the volatility of the costs of fossil fuels, AREVA's choice brings to the large industrial heat applications the fuel cost predictability of nuclear fuel with the efficiency of a high temperature heat source free of greenhouse gases emissions. The ANTARES module produces 600 MWth which can be split into the required process heat, the remaining power drives an adapted prorated electric plant. Depending on the process heat temperature and power needs, up to 80 % of the nuclear heat is converted into useful power. An important feature of the design is the standardization of the heat source, as independent as possible of the process heat application. This should expedite licensing. The essential conditions for success include: 1. Timely adapted licensing process and regulations, codes and standards for such application and design; 2. An industry oriented R and D program to meet the technological challenges making the best use of the international collaboration. Gen IV could be the vector; 3. Identification of an end user (or a consortium of) willing to fund a FOAK. (authors)

  10. 1996-2004 Trends in the Single-Family Housing Market: Spatial Analysis of the Residential Sector

    SciTech Connect (OSTI)

    Anderson, Dave M.; Elliott, Douglas B.

    2006-09-05

    This report provides a detailed geographic analysis of two specific topics affecting the residential sector. First, we performed an analysis of new construction market trends using annual building permit data. We report summarized tables and national maps to help illustrate market conditions. Second, we performed a detailed geographic analysis of the housing finance market. We analyzed mortgage application data to provide citable statistics and detailed geographic summarization of the residential housing picture in the US for each year in the 1996-2004 period. The databases were linked to geographic information system tools to provide various map series detailing the results geographically. Looking at these results geographically may suggest potential new markets for TD programs addressing the residential sector that have not been considered previously. For example, we show which lenders affect which regions and which income or mortgage product classes. These results also highlight the issue of housing affordability. Energy efficiency R&D programs focused on developing new technology for the residential sector must be conscious of the costs of products resulting from research that will eventually impact the home owner or new home buyer. Results indicate that home values as a proportion of median family income in Building America communities are closely aligned with the national average of home value as a proportion of median income. Other key findings: • The share of home building and home buying activity continues to rise steadily in the Hot-Dry and Hot-Humid climate zones, while the Mixed-Humid and Cold climate zone shares continue to decline. Other zones remain relatively stable in terms of share of housing activity. • The proportion of home buyers having three times the median family income for their geography has been steadily increasing during the study period. • Growth in the Hispanic/Latino population and to a lesser degree in the Asian population has translated into proportional increases in share of home purchasing by both groups. White home buyers continue to decline as a proportion all home buyers. • Low interest rate climate resulted in lenders moving back to conventional financing, as opposed to government-backed financing, for cases that would be harder to financing in higher rate environments. Government loan products are one mechanism for affecting energy efficiency gains in the residential sector. • The rate environment and concurrent deregulation of the finance industry resulted unprecedented merger and acquisition activity among financial institutions during the study period. This study conducted a thorough accounting of this merger activity to inform the market share analysis provided. • The home finance industry quartiles feature 5 lenders making up the first quartile of home purchase loans, 18 lenders making up the second quartile, 111 lenders making up the third quartile, and the remaining nearly 8,000 lenders make up the fourth quartile.

  11. Docket No. PA02-2-000 Price Manipulation in Western MarketsV-1 V. The Influence of Electricity Spot Prices on Electricity

    E-Print Network [OSTI]

    Laughlin, Robert B.

    Chapter V Docket No. PA02-2-000 Price Manipulation in Western MarketsV-1 V. The Influence of Electricity Spot Prices on Electricity Forward Prices Summary of Results The vital link between the spot price and forward price for a commodity is the ability to store the commodity. In essence, someone can meet future

  12. The Household Market for Electric Vehicles: Testing the Hybrid Household Hypothesis--A Reflively Designed Survey of New-car-buying, Multi-vehicle California Households

    E-Print Network [OSTI]

    Turrentine, Thomas; Kurani, Kenneth

    1995-01-01

    a sidebar to a longer article on electric vehicles. ) Cogan,R. Electric vehicles: Powerplay on the auto circuit. MotorA Critical Review of Electric Vehicle Market Studies",

  13. The Household Market for Electric Vehicles: Testing the Hybrid Household Hypothesis -- A Reflexively Designed Survey of New-Car-Buying Multi-Vehicle California Households

    E-Print Network [OSTI]

    Turrentine, Thomas; Kurani, Kenneth S.

    2001-01-01

    and the demand electric vehicles", Transportation ResearchA,Critical Review Electric Vehicle MarketStudies", ReleasableR. (1993) Report of the Electric Vehicle at-HomeRefi~ehng

  14. ELECTRICITY TRANSMISSION IN DEREGULATED MARKETS; CONFERENCE AT CARNEGIE MELLON UNIVERSITY, PITTSBURGH PA USA DECEMBER 2004 1 A criticality approach to monitoring cascading

    E-Print Network [OSTI]

    ELECTRICITY TRANSMISSION IN DEREGULATED MARKETS; CONFERENCE AT CARNEGIE MELLON UNIVERSITY the risk of cascading failure of electric power transmission systems as overall loading is increased failure is the usual mechanism for large blackouts of electric power transmission systems. For example

  15. ELEC0018-1 Energy markets -Assignement: Impact of a nuclear power phase-out on the electricity price.

    E-Print Network [OSTI]

    Ernst, Damien

    ELEC0018-1 Energy markets - Assignement: Impact of a nuclear power phase-out on the electricity of the energy markets in order to get a reasoned conclusion about the impact that a nuclear power phase care should be given to the following aspects: · Put the nuclear power sector into perspective

  16. "Two-Sided Electricity Markets: Self-Healing Systems" Richard E. Schuler , P.E., Ph.D.

    E-Print Network [OSTI]

    , retail suppliers and large customers have installed frequency-sensing devices to turn off or reduce power of full two-sided electricity markets are cleared subject to the laws of physics over Cornell's Power portion (20 percent) of active customers to mute the market- power exercised by sophisticated players

  17. An Analysis of Price Volatility in Different Spot Markets for Electricity in the U.S.A.

    E-Print Network [OSTI]

    An Analysis of Price Volatility in Different Spot Markets for Electricity in the U.S.A. by Tim University e-mail: tdm2@cornell.edu Abstract Earlier research has shown that the behavior of spot prices. This model captures the observed price spikes that occur in these markets, particularly during the summer

  18. Participation of the Nuclear Power Plants in the New Brazilian Electric Energy Market

    SciTech Connect (OSTI)

    Mathias, S.G.

    2004-10-06

    A new regulation framework has been established for the Brazilian electric energy market by a law put into effect on March 15,2004. The main overall goals of this new regulation are: to allow the lowest possible tariffs for end users, while providing the necessary economic incentives for the operation of present installations (generating plants, transmission lines, distribution networks) and the expansion of the system; long-term planning of the extension of the installations required to meet the demand growth; separation of the generation, transmission and distribution activities by allocating them into different companies; new contracts between generating and distribution companies must result from bidding processes based on lowest-tariff criteria; and energy from new generating units required to meet the demand growth must be contracted by all distributing companies integrated to the National Interconnected Grid, in individual amounts proportional to their respective markets.

  19. 2013 Market Trends Report

    SciTech Connect (OSTI)

    none,

    2014-01-01

    The potential geothermal energy resource base of the United States is a major natural asset, on the order of more than 100 gigawatts (GW) of clean renewable energy. Conventional hydrothermal technologies could be utilized for 6 GW of additional potential beyond what has already been developed. There are an estimated 30 GW of additional conventional resources yet to be discovered in the western United States. The next generation of geothermal technologies, enhanced geothermal systems (EGS), is positioned to access additional geothermal resources by adding either permeability or a heat exchange fluid to a geological formation with sufficient heat. A breakthrough in EGS could expand the U.S. geothermal resource base dramatically.

  20. Variance Optimal Hedging for discrete time processes with independent increments. Application to Electricity Markets

    E-Print Network [OSTI]

    Goutte, Stéphane; Russo, Francesco

    2012-01-01

    We consider the discretized version of a (continuous-time) two-factor model introduced by Benth and coauthors for the electricity markets. For this model, the underlying is the exponent of a sum of independent random variables. We provide and test an algorithm, which is based on the celebrated Foellmer-Schweizer decomposition for solving the mean-variance hedging problem. In particular, we establish that decomposition explicitely, for a large class of vanilla contingent claims. Interest is devoted in the choice of rebalancing dates and its impact on the hedging error, regarding the payoff regularity and the non stationarity of the log-price process.

  1. Utility/Industry Partnerships Involving Distributed Generation Technologies in Evolving Electricity Markets 

    E-Print Network [OSTI]

    Rastler, D. M.

    1997-01-01

    the defUlition given above. It can be a corporate strategic tool in the newly competitive electric business. It can be part of an offensive strategy to capture new retail markets. It can be used to optimize support of a capacity-stretched distribution... system. It can be used defensively to retain existing customers. Example strategies include: Meet existing customers' growing local peak demands without adding long-payback T&D upgrades and/or new central station generation investments. Serve new...

  2. Electric rate that shifts hourly may foretell spot-market kWh

    SciTech Connect (OSTI)

    Springer, N.

    1985-11-25

    Four California industrial plants have cut their electricity bills up to 16% by shifting from the traditional time-of-use rates to an experimental real-time program (RTP) that varies prices hourly. The users receive a price schedule reflecting changing generating costs one day in advance to encourage them to increase power consumption during the cheapest time periods. Savings during the pilot program range between $11,000 and $32,000 per customer. The hourly cost breakdown encourages consumption during the night and early morning. The signalling system could be expanded to cogenerators and independent small power producers. If an electricity spot market develops, forecasters think a place on the stock exchanges for future-delivery contracts could develop in the future.

  3. Electric car buyers not swayed by access to public Home charging is more important as a marketing tool, rSFU

    E-Print Network [OSTI]

    might not be the best way to encourage growth in the electric vehicle market." Along with grad students that access to home charging is more important for building the market for electric or hybrid vehicles thanElectric car buyers not swayed by access to public chargers Home charging is more important

  4. 1182 IEEE JOURNAL OF SELECTED TOPICS IN SIGNAL PROCESSING, VOL. 8, NO. 6, DECEMBER 2014 Electricity Market Forecasting via Low-Rank

    E-Print Network [OSTI]

    Giannakis, Georgios

    for electricity market inference. Day-ahead price forecasting is cast as a low-rank kernel learning problem congestion corridors" [39]. In a generic electricity market setup, an ISO collects bids submitted1182 IEEE JOURNAL OF SELECTED TOPICS IN SIGNAL PROCESSING, VOL. 8, NO. 6, DECEMBER 2014 Electricity

  5. On the Efficiency of Competitive Electricity Markets With Time-Invariant Retail Prices

    E-Print Network [OSTI]

    Borenstein, Severin; Holland, Stephen P.

    2003-01-01

    homogeneous product in the retail market, and P would facein wholesale and retail markets Equilibrium prices in thecompetitive investment and retail markets would attain the

  6. Recent trends in the production and use of electricity in the United States

    SciTech Connect (OSTI)

    Parent, J.D.

    1985-03-18

    The production and consumption of electricity in the US grew rapidly from 1950 to 1973, about 7.5%/yr, and then decreased in rate of growth considerably, averaging about 2.2%/yr since 1973. Electricity's growth rate in this period was much greater than that of energy as a whole - about double. Worldwide, the rate of growth was even faster than that of the US - nearly 8%/yr. As a consequence, the US proportion of world electricity generation dropped from 40% in 1959 to 27% in 1982, based on the latest UN data. US electricity production by type of generation is principally by conventional steam turbines, and the major fuel for the generation of steam is coal. Coal use has been increasing steadily at the expense of more costly oil and gas. Fossil fuels as a group contribute more than 70% of the energy input to power plants and are likely to be the prime contributors for some time to come because of the limited growth potential of hydroelectricity and nuclear. Coal is favored by its relatively low price and large domestic reserves, but is constrained by special problems. Residential and commercial sales promoted vigorously by the electric utility industry, have grown more rapidly than industrial sales. 15 figures, 2 tables.

  7. Abstract--This paper describes a web-based electric power market simulation tool called POWERWEB. It can be used as an

    E-Print Network [OSTI]

    1 Abstract--This paper describes a web-based electric power market simulation tool called POWERWEB markets and physical system characteristics. It is an Internet based platform, with a web browser

  8. Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium

    E-Print Network [OSTI]

    Limpaitoon, Tanachai

    2012-01-01

    GHG Regulations in Electricity . . . . . . . . . . . . . .and Trade Programs in Electricity: the Case of Californiadown) . . . . . . . . . . . . . . 1.4.2 Electricity Analysis

  9. Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

    Using hourly generator and load bid data from the Californias (CAISO) electricity bid data and simulated PV generationresults data. Market bid data is available online through

  10. Trends in Utility Green Pricing Programs (2005)

    Broader source: Energy.gov [DOE]

    This report presents year-end 2005 data on utility green pricing programs, and examines trends in consumer response and program implementation over time. The data in this report, which were obtained via a questionnaire distributed to utility green pricing program managers, can be used by utilities to benchmark the success of their green power programs. It is important to note that this report covers only a portion of voluntary markets for renewable energy. It does not cover green power sold by independent marketers except for cases in which the marketers work in conjunction with utilities or default electricity suppliers.

  11. Fact #843: October 20, 2014 Cumulative Plug-in Electric Vehicle Sales are Two and a Half Times Higher than Hybrid Electric Vehicle Sales in the First 45 Months since Market Introduction – Dataset

    Broader source: Energy.gov [DOE]

    Excel file with dataset for Fact #843: Cumulative Plug-in Electric Vehicle Sales are Two and a Half Times Higher than Hybrid Electric Vehicle Sales in the First 45 Months since Market Introduction

  12. Abstract--We consider the management of electric vehicle (EV) loads within a market-based Electric Power System

    E-Print Network [OSTI]

    Caramanis, Michael

    battery charging while engaging in energy and reserve capacity transactions in the wholesale power market the framework that we assume to be in place. In contrast we do not go through the details of the retail market day-ahead and real-time power market framework similar to that used in the major USA power pools (PJM

  13. Evaluating the potential impact of transmission constraints on the operation of a competitive electricity market in Illinois.

    SciTech Connect (OSTI)

    Cirillo, R.; Thimmapuram, P.; Veselka, T.; Koritarov, V.; Conzelmann, G.; Macal, C.; Boyd, G.; North, M.; Overbye, T.; Cheng, X.; Decision and Information Sciences; Univ. of Illinois

    2006-04-30

    Despite the current adequacy of the generation and transmission system in Illinois, there is concern that the uncertainties of electricity restructuring warrant a more detailed analysis to determine if there might be pitfalls that have not been identified under current conditions. The problems experienced elsewhere in the country emphasize the need for an evaluation of how Illinois might fare under a restructured electricity market. The Illinois Commerce Commission (ICC) commissioned this study to be undertaken as a joint effort by the University of Illinois at Urbana-Champaign and Argonne National Laboratory to evaluate the Illinois situation in the 2007 period when restructuring is scheduled to be fully implemented in the State. The purpose of this study is to make an initial determination if the transmission system in Illinois and the surrounding region would be able to support a competitive electricity market, would allow for effective competition to keep prices in check, and would allow for new market participants to effectively compete for market share. The study seeks to identify conditions that could reasonably be expected to occur that would enable a company to exercise market power in one or more portions of the State and thereby create undue pressure on the prices charged to customers and/or inhibit new market participants from entering the market. The term 'market power' has many different definitions, and there is no universal agreement on how to measure it. For the purposes of this study, the term is defined as the ability to raise prices and increase profitability by unilateral action. A more complete definition is provided later. With this definition, the central question of this analysis becomes: 'Can a company, acting on its own, raise electricity prices and increase its profits?' It should be noted that the intent of the study is not to predict whether or not such market power would be exercised by any company. Rather, it is designed to determine if a set of reasonably expected conditions could allow any company to do so. It should also be emphasized that this study is not intended to be a comprehensive evaluation of the electric power system in the State. Rather, it is intended to identify some issues that may impact the effective functioning of a competitive market.

  14. Design and market considerations for axial flux superconducting electric machine design

    E-Print Network [OSTI]

    Ainslie, Mark D; Shaw, Robert; Dawson, Lewis; Winfield, Andy; Steketee, Marina; Stockley, Simon

    2013-01-01

    In this paper, the authors investigate a number of design and market considerations for an axial flux superconducting electric machine design that uses high temperature superconductors. This work was carried out as part of the University of Cambridge's Centre for Entrepreneurial Learning ETECH Project programme, designed to accelerate entrepreneurship and diffusion of innovations based on early stage and potentially disruptive technologies from the University. The axial flux machine design is assumed to utilise high temperature superconductors in both wire (stator winding) and bulk (rotor field) forms, to operate over a temperature range of 65-77 K, and to have a power output in the range from 10s of kW up to 1 MW (typical for axial flux machines), with approximately 2-3 T as the peak trapped field in the bulk superconductors. The authors firstly investigate the applicability of this type of machine as a generator in small- and medium-sized wind turbines, including the current and forecasted market and pricin...

  15. Investment Efficiency in Competitive Electricity Markets With and Without Time-Varying Retail Prices

    E-Print Network [OSTI]

    Borenstein, Severin; Holland, Stephen P.

    2002-01-01

    homogeneous product in the retail market, and would face noin wholesale and retail markets Equilibrium prices in thec) = r. In the ?at-rate retail market, however, there is now

  16. Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium

    E-Print Network [OSTI]

    Limpaitoon, Tanachai

    2012-01-01

    The case of wholesale power trading in Germany Power andY. (2011). Market power in emissions trading: strategicallyto model market power in permit trading. The conjectural

  17. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 24 NO. 3 May/June 2006 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  18. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 24 NO. 4 July/August 2006 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  19. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 23 NO. 3 May/June 2005 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  20. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 23 NO. 5 September/October 2005 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  1. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 25 NO. 4 July/August 2007 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  2. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 23 NO. 6 November/December 2005 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  3. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 22 NO. 5 September/October 2004 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  4. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 24 NO. 1 January/February 2006 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  5. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 22 NO. 2 March/April 2004 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  6. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 23 NO. 4 July/August 2005 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  7. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 25 NO. 3 May/June 2007 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  8. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 24 NO. 6 November/December 2006 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  9. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 24 NO. 2 March/April 2006 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  10. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 22 NO. 4 July/August 2004 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  11. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 21 NO. 5 September/October 2003 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  12. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 22 NO. 1 January/February 2004 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  13. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 23 NO. 1 January/February 2005 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  14. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 25 NO. 1 January/February 2007 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  15. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 25 NO. 2 March/April 2007 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  16. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 21 NO. 6 November/December 2003 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  17. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 22 NO. 6 November/December 2004 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  18. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 22 NO. 3 May/June 2004 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  19. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 24 NO. 5 September/October 2006 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price

  20. TEXAS TIMBER PRICE TRENDS

    E-Print Network [OSTI]

    TEXAS TIMBER PRICE TRENDS BIMONTHLY MARKET REPORT VOL. 23 NO. 2 March/April 2005 #12;TEXAS TIMBER PRICE TRENDS WHAT IS THE PURPOSE OF THIS REPORT? Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber, commonly called the "stumpage price," for the two months

  1. The Role of Electricity Markets and Market Design in Integrating The Importance of Flexible Electricity Supply: Solar Integration Series. 1 of 3 (Brochure)

    SciTech Connect (OSTI)

    2011-05-03

    The first out of a series of three fact sheets describing the importance of flexible electricity supply.

  2. Abstract--The paper reviews solutions being explored to face the supply problems faced in the Chilean electricity market oven

    E-Print Network [OSTI]

    Catholic University of Chile (Universidad Católica de Chile)

    for bids at mid 2006. Index Terms--Power sector deregulation, electric market, risk allocation, natural gas marketplace led the world with its power sector reform process, but is confronting new risks with dependence on natural gas. The Russian gas imports to central Europe were at risk on January 2006, causing

  3. Volatility of Unit Commitment in Competitive Electricity Markets1 Shmuel S. Oren, Alva J. Svoboda, Raymond B. Johnson,

    E-Print Network [OSTI]

    Oren, Shmuel S.

    Volatility of Unit Commitment in Competitive Electricity Markets1 Shmuel S. Oren, Alva J. Svoboda resources are centrally owned. We pelfomz a simulation case study using a Lagrangian relaxation-based unit system marginal costs). Specifically, we show that variations in near optimal unit commitments that have

  4. Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium

    E-Print Network [OSTI]

    Limpaitoon, Tanachai

    2012-01-01

    using a 24-bus IEEE electric transmission system. The secondmodel where electric power flows on transmission lines arelocation. Electric power flows on the transmission lines are

  5. Social Welfare implications of demand response programs in competitiv e electricity markets

    E-Print Network [OSTI]

    Boisvert, Richard N.; Neenan, Bernard F.

    2003-01-01

    Customer Electricity Demand Under Fixed Tariffs vs. Marketto re-emphasize that these electricity demands are the ones2. Customer Electricity Demand Under Fixed Tariffs vs.

  6. Price Responsive Demand in New York Wholesale Electricity Market using OpenADR

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

    months when buildings' electricity demand is also high dueoptimize buildings' electricity demand according to hourlymonths when buildings' electricity demand is also high due

  7. International Assessment of Electric-Drive Vehicles: Policies, Markets, and Technologies

    E-Print Network [OSTI]

    Sperling, Daniel; Lipman, Timothy

    2003-01-01

    D. (1995), Future Drive Electric Vehicles and Sustainable1996), "The Case for Electric Vehicles," Sclent~c American,Emissions Impacts of Electric Vehicles," Journal of the Alr

  8. Expert Paper for the UNECE, Timber Committee Market Discussions, Geneva, 7-8 October 2003 1 Trends and Market Effects of Wood Energy Policies

    E-Print Network [OSTI]

    alternatives, among them wood for energy. · In past years environmental concern has also become a strong driver night. That sent a shockwave through western economies and started an interest in alternative energy and Market Effects of Wood Energy Policies By Dr. Bengt Hillring1 Department of Bioenergy Swedish University

  9. Connecting Colorado's Renewable Resources to the Markets in a Cabon-Constrained Electricity Sector

    SciTech Connect (OSTI)

    2009-12-31

    The benchmark goal that drives the report is to achieve a 20 percent reduction in carbon dioxide (CO{sub 2}) emissions in Colorado's electricity sector below 2005 levels by 2020. We refer to this as the '20 x 20 goal.' In discussing how to meet this goal, the report concentrates particularly on the role of utility-scale renewable energy and high-voltage transmission. An underlying recognition is that any proposed actions must not interfere with electric system reliability and should minimize financial impacts on customers and utilities. The report also describes the goals of Colorado's New Energy Economy5 - identified here, in summary, as the integration of energy, environment, and economic policies that leads to an increased quality of life in Colorado. We recognize that a wide array of options are under constant consideration by professionals in the electric industry, and the regulatory community. Many options are under discussion on this topic, and the costs and benefits of the options are inherently difficult to quantify. Accordingly, this report should not be viewed as a blueprint with specific recommendations for the timing, siting, and sizing of generating plants and high-voltage transmission lines. We convened the project with the goal of supplying information inputs for consideration by the state's electric utilities, legislators, regulators, and others as we work creatively to shape our electricity sector in a carbon-constrained world. The report addresses various issues that were raised in the Connecting Colorado's Renewable Resources to the Markets report, also known as the SB07-91 Report. That report was produced by the Senate Bill 2007-91 Renewable Resource Generation Development Areas Task Force and presented to the Colorado General Assembly in 2007. The SB07-91 Report provided the Governor, the General Assembly, and the people of Colorado with an assessment of the capability of Colorado's utility-scale renewable resources to contribute electric power in the state from 10 Colorado generation development areas (GDAs) that have the capacity for more than 96,000 megawatts (MW) of wind generation and 26,000 MW of solar generation. The SB07-91 Report recognized that only a small fraction of these large capacity opportunities are destined to be developed. As a rough comparison, 13,964 MW of installed nameplate capacity was available in Colorado in 2008. The legislature did not direct the SB07-91 task force to examine several issues that are addressed in the REDI report. These issues include topics such as transmission, regulation, wildlife, land use, permitting, electricity demand, and the roles that different combinations of supply-side resources, demand-side resources, and transmission can play to meet a CO{sub 2} emissions reduction goal. This report, which expands upon research from a wide array of sources, serves as a sequel to the SB07-91 Report. Reports and research on renewable energy and transmission abound. This report builds on the work of many, including professionals who have dedicated their careers to these topics. A bibliography of information resources is provided, along with many citations to the work of others. The REDI Project was designed to present baseline information regarding the current status of Colorado's generation and transmission infrastructure. The report discusses proposals to expand the infrastructure, and identifies opportunities to make further improvements in the state's regulatory and policy environment. The report offers a variety of options for consideration as Colorado seeks pathways to meet the 20 x 20 goal. The primary goal of the report is to foster broader discussion regarding how the 20 x 20 goal interacts with electric resource portfolio choices, particularly the expansion of utility-scale renewable energy and the high-voltage transmission infrastructure. The report also is intended to serve as a resource when identifying opportunities stemming from the American Recovery and Reinvestment Act of 2009.

  10. Energy Smart Guide to Campus Cost Savings: Today's Trends in Project Finance, Clean Fuel Fleets, Combined Heat& Power, Emissions Markets

    SciTech Connect (OSTI)

    Not Available

    2003-07-01

    The Energy Smart Guide to Campus Cost Savings covers today's trends in project finance, combined heat& power, clean fuel fleets and emissions trading. The guide is directed at campus facilities and business managers and contains general guidance, contact information and case studies from colleges and universities across the country.

  11. Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium

    E-Print Network [OSTI]

    Limpaitoon, Tanachai

    2012-01-01

    model where electric power flows on transmission lines arelocation. Electric power flows on the transmission lines are

  12. International, National, and Virginia Trends

    E-Print Network [OSTI]

    .............................................................................................................1 Global Coal Production and Consumption Trends ...................................................2.S. Electricity Generation....................................................................................15 U.S. Coal Consumption

  13. Estimating the Value of Electricity Storage Resources in Electricity...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Value of Electricity Storage Resources in Electricity Markets - EAC 2011 Estimating the Value of Electricity Storage Resources in Electricity Markets - EAC 2011 The purpose of this...

  14. Designing Electricity Auctions

    E-Print Network [OSTI]

    Fabra, Natalia; von der Fehr, Nils-Henrik; Harbord, David

    2004-01-01

    market performance in electricity auctions, it appears thatMcSorely (2001) “Regulating Electricity Markets: Experiencethe United Kingdom,” The Electricity Journal, December, 81-

  15. Direct participation of electrical loads in the California independent system operator markets during the Summer of 2000

    SciTech Connect (OSTI)

    Marnay, Chris; Hamachi, Kristina S.; Khavkin, Mark; Siddiqui, Afzal S.

    2001-04-01

    California's restructured electricity markets opened on 1 April 1998. The former investor-owned utilities were functionally divided into generation, transmission, and distribution activities, all of their gas-fired generating capacity was divested, and the retail market was opened to competition. To ensure that small customers shared in the expected benefit of lower prices, the enabling legislation mandated a 10% rate cut for all customers, which was implemented in a simplistic way that fossilized 1996 tariff structures. Rising fuel and environmental compliance costs, together with a reduced ability to import electricity, numerous plant outages, and exercise of market power by generators drove up wholesale electricity prices steeply in 2000, while retail tariffs remained unchanged. One of the distribution/supply companies entered bankruptcy in April 2001, and another was insolvent. During this period, two sets of interruptible load programs were in place, longstanding ones organized as special tariffs by the distribution/supply companies and hastily established ones run directly by the California Independent System Operator (CAISO). The distribution/supply company programs were effective at reducing load during the summer of 2000, but because of the high frequency of outages required by a system on the brink of failure, customer response declined and many left the tariff. The CAISO programs failed to attract enough participation to make a significant difference to the California supply demand imbalance. The poor performance of direct load participation in California's markets reinforces the argument for accurate pricing of electricity as a stimulus to energy efficiency investment and as a constraint on market volatility.

  16. Electricity Internal Market in the European Union: What to do next?

    E-Print Network [OSTI]

    Glachant, Jean-Michel; Lévêque, François

    , which may provide central markets with the means to ensure their functioning, facilitate the entry of new producers, or contribute to security of supply. Finally, retail markets are also an important element of market design4. Retail markets too... by federal bodies, who have no authority over retail markets. It should be noted that those European countries and US states that share a common wholesale market (e.g. the Nord Pool in Europe and PJM in the United States) have not structured their retail...

  17. R e g u l a t i o n 46 Volume 23, No. 2 As other jurisdictions refashion their electricity markets,

    E-Print Network [OSTI]

    Kammen, Daniel M.

    R e g u l a t i o n 46 Volume 23, No. 2 As other jurisdictions refashion their electricity markets of electricity, combined with very little demandelasticityandtheneedforreal-timesupply/demand balancing to keep fromexperiencewithnaturalgas,airlines,trucking,telecom- munications, and a host of other industries. THE ORIGIN OF ELECTRICITY

  18. Near-Optimal Execution Policies for Demand-Response Contracts in Electricity Markets Vineet Goyal1, Garud Iyengar1 and Zhen Qiu1

    E-Print Network [OSTI]

    Goyal, Vineet

    Near-Optimal Execution Policies for Demand-Response Contracts in Electricity Markets Vineet Goyal1-time energy balance in today's electricity grid. Demand- response contracts, where an electric utility company-side participation including time of use pricing, real-time pricing for smart appliances and interruptible demand-response

  19. Essays on electricity market reforms: a cross-country applied approach

    E-Print Network [OSTI]

    Erdogdu, Erkan

    2013-06-11

    or national monopolies but they have been put under regulation by an independent regulator. Other common elements of the reforms include the introduction of wholesale and spot power markets, the establishment of impartial market and system operators...

  20. DOE: Integrating Southwest Power Pool Wind Energy into Southeast Electricity Markets

    SciTech Connect (OSTI)

    Brooks, Daniel, EPRI; Tuohy, Aidan, EPRI; Deb, Sidart, LCG Consulting; Jampani, Srinivas, LCG Consulting; Kirby, Brendan, Consultant; King, Jack, Consultant

    2011-11-29

    Wind power development in the United States is outpacing previous estimates for many regions, particularly those with good wind resources. The pace of wind power deployment may soon outstrip regional capabilities to provide transmission and integration services to achieve the most economic power system operation. Conversely, regions such as the Southeastern United States do not have good wind resources and will have difficulty meeting proposed federal Renewable Portfolio Standards with local supply. There is a growing need to explore innovative solutions for collaborating between regions to achieve the least cost solution for meeting such a renewable energy mandate. The DOE-funded project 'Integrating Southwest Power Pool Wind Energy into Southeast Electricity Markets' aims to evaluate the benefits of coordination of scheduling and balancing for Southwest Power Pool (SPP) wind transfers to Southeastern Electric Reliability Council (SERC) Balancing Authorities (BAs). The primary objective of this project is to analyze the benefits of different balancing approaches with increasing levels of inter-regional cooperation. Scenarios were defined, modeled and investigated to address production variability and uncertainty and the associated balancing of large quantities of wind power in SPP and delivery to energy markets in the southern regions of the SERC. The primary analysis of the project is based on unit commitment (UC) and economic dispatch (ED) simulations of the SPP-SERC regions as modeled for the year 2022. The UC/ED models utilized for the project were developed through extensive consultation with the project utility partners, to ensure the various regions and operational practices are represented as accurately as possible realizing that all such future scenario models are quite uncertain. SPP, Entergy, Oglethorpe Power Company (OPC), Southern Company, and the Tennessee Valley Authority (TVA) actively participated in the project providing input data for the models and review of simulation results and conclusions. While other SERC utility systems are modeled, the listed SERC utilities were explicitly included as active participants in the project due to the size of their load and relative proximity to SPP for importing wind energy. The analysis aspects of the project comprised 4 primary tasks: (1) Development of SCUC/SCED model of the SPP-SERC footprint for the year 2022 with only 7 GW of installed wind capacity in SPP for internal SPP consumption with no intended wind exports to SERC. This model is referred to as the 'Non-RES' model as it does not reflect the need for the SPP or SERC BAs to meet a federal Renewable Energy Standard (RES). (2) Analysis of hourly-resolution simulation results of the Non-RES model for the year 2022 to provide project stakeholders with confidence in the model and analytical framework for a scenario that is similar to the existing system and more easily evaluated than the high-wind transfer scenarios that are analyzed subsequently. (3) Development of SCUC/SCED model of the SPP-SERC footprint for the year 2022 with sufficient installed wind capacity in SPP (approximately 48 GW) for both SPP and the participating SERC BAs to meet an RES of 20% energy. This model is referred to as the 'High-Wind Transfer' model with several different scenarios represented. The development of the High-Wind Transfer model not only included identification and allocation of SPP wind to individual SERC BAs, but also included the evaluation of various methods to allow the model to export the SPP wind to SERC without developing an actual transmission plan to support the transfers. (4) Analysis of hourly-resolution simulation results of several different High-Wind Transfer model scenarios for the year 2022 to determine balancing costs and potential benefits of collaboration among SPP and SERC BAs to provide the required balancing.

  1. Petroleum 1996: Issues and Trends

    Reports and Publications (EIA)

    1997-01-01

    Examines historical trends and focuses on major petroleum issues and the events they represent. It analyzes different dimensions of the petroleum industry and related markets in terms of how they relate to the volatility in petroleum markets.

  2. Summary of Market Opportunities for Electric Vehicles and Dispatchable Load in Electrolyzers

    SciTech Connect (OSTI)

    Denholm, Paul; Eichman, Joshua; Markel, Tony; Ma, Ookie

    2015-05-19

    Electric vehicles (EVs) and electrolyzers are potentially significant sources of new electric loads. Both are flexible in that the amount of electricity consumed can be varied in response to a variety of factors including the cost of electricity. Because both EVs and electrolyzers can control the timing of electricity purchases, they can minimize energy costs by timing the purchases of energy to periods of lowest costs.

  3. Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium

    E-Print Network [OSTI]

    Limpaitoon, Tanachai

    2012-01-01

    Market power in emissions trading: strategically manipu-of auctions for emissions trading. Retrieved from Climatepricing under carbon emissions trading: A dominant firm with

  4. Coordination of Retail Demand Response with Midwest ISO Markets

    E-Print Network [OSTI]

    Bharvirkar, Ranjit

    2008-01-01

    2. Wholesale and Retail Electricity Markets in the Midwestwholesale and retail electricity markets. When MISO calledthe wholesale and retail electricity markets in the Midwest

  5. Fact #843: October 20, 2014 Cumulative Plug-in Electric Vehicle Sales are Two and a Half Times Higher than Hybrid Electric Vehicle Sales in the First 45 Months since Market Introduction

    Broader source: Energy.gov [DOE]

    The first hybrid electric vehicle was introduced in December 1999 and for the next 45 months (through August 2003) there were a total of 95,778 hybrid vehicles sold. The first mass-marketed plug-in...

  6. Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium

    E-Print Network [OSTI]

    Limpaitoon, Tanachai

    2012-01-01

    use of fossil fuels, such as electricity generation,U.S. electricity generation was supplied by fossil fuels inelectricity generation supporting such technologies still relies heavily on fossil fuel

  7. Dynamics of Electricity Markets with Unknown Utility Functions: An Extremum Seeking Control Approach

    E-Print Network [OSTI]

    Ma, Kai; Hu, Guoqiang; Spanos, Costas J

    2014-01-01

    E. El-Saadany, “A summary of demand response in electricityS. H. Low, “Optimal demand response: Problem formulation anda year. Recently, demand response is proposed to control the

  8. A global analysis and market strategy in the electric vehicle battery industry

    E-Print Network [OSTI]

    Kim, Young Hee, S.M. Massachusetts Institute of Technology

    2014-01-01

    As use of electric vehicles has been expected to grow, the batteries for the electric vehicles have become critical because the batteries are a key part of the paradigm shift in the automotive industry. However, the demand ...

  9. Investment in nuclear generation in a restricted electricity market : an analysis of risks and financing options

    E-Print Network [OSTI]

    Berger, Raphael

    2006-01-01

    Since the late 1970s, the US electric power industry has been undergoing major changes. The electric utility industry had mainly consisted of highly regulated, vertically integrated, local monopolies, providing customers ...

  10. Electric power grid control using a market-based resource allocation system

    DOE Patents [OSTI]

    Chassin, David P

    2014-01-28

    Disclosed herein are representative embodiments of methods, apparatus, and systems for distributing a resource (such as electricity) using a resource allocation system. In one exemplary embodiment, a plurality of requests for electricity are received from a plurality of end-use consumers. The requests indicate a requested quantity of electricity and a consumer-requested index value indicative of a maximum price a respective end-use consumer will pay for the requested quantity of electricity. A plurality of offers for supplying electricity are received from a plurality of resource suppliers. The offers indicate an offered quantity of electricity and a supplier-requested index value indicative of a minimum price for which a respective supplier will produce the offered quantity of electricity. A dispatched index value is computed at which electricity is to be supplied based at least in part on the consumer-requested index values and the supplier-requested index values.

  11. The Implementation of California AB 32 and its Impact on Wholesale Electricity Markets

    E-Print Network [OSTI]

    Bushnell, Jim B

    2007-01-01

    or unregulated energy service providers could createEnergy Commission Staff Proposal for an Electricity Retail Provider

  12. 2011 Wind Technologies Market Report

    SciTech Connect (OSTI)

    Wiser, R.; Bolinger, M.

    2012-08-01

    This report describes the status of the U.S. wind energy industry market in 2011; its trends, performance, market drivers and future outlook.

  13. 2010 Wind Technologies Market Report

    SciTech Connect (OSTI)

    Wiser, R.; Bolinger, M.

    2011-06-01

    This report describes the status of the U.S. wind energy industry market in 2010; its trends, performance, market drivers and future outlook.

  14. 2013 Wind Technologies Market Report

    SciTech Connect (OSTI)

    Wiser, Ryan; Bolinger, Mark

    2014-08-15

    This report describes the status of the U.S. wind energy industry market in 2013; its trends, performance, market drivers and future outlook.

  15. 2012 Wind Technologies Market Report

    SciTech Connect (OSTI)

    Wiser, R.; Bolinger, M.; Barbose, G.; Darghouth, N.; Hoen, B.; Mills, A.; Weaver, S.; Porter, K.; Buckley, M.; Fink, S.; Oteri, F.; Tegen, S.

    2013-08-01

    This report describes the status of the U.S. wind energy industry market in 2012; its trends, performance, market drivers and future outlook.

  16. 2008 Geothermal Technologies Market Report

    SciTech Connect (OSTI)

    Cross, J.; Freeman, J.

    2009-07-01

    This report describes market-wide trends for the geothermal industry throughout 2008 and the beginning of 2009. It begins with an overview of the U.S. DOE's Geothermal Technology Program's (GTP's) involvement with the geothermal industry and recent investment trends for electric generation technologies. The report next describes the current state of geothermal power generation and activity within the United States, costs associated with development, financing trends, an analysis of the levelized cost of energy (LCOE), and a look at the current policy environment. The report also highlights trends regarding direct use of geothermal energy, including geothermal heat pumps (GHPs). The final sections of the report focus on international perspectives, employment and economic benefits from geothermal energy development, and potential incentives in pending national legislation.

  17. 2008 Geothermal Technologies Market Report

    SciTech Connect (OSTI)

    Jonathan Cross

    2009-07-01

    This report describes market-wide trends for the geothermal industry throughout 2008 and the beginning of 2009. It begins with an overview of the GTP’s involvement with the geothermal industry and recent investment trends for electric generation technologies. The report next describes the current state of geothermal power generation and activity within the United States, costs associated with development, financing trends, an analysis of the levelized cost of energy (LCOE), and a look at the current policy environment. The report also highlights trends regarding direct use of geothermal energy, including GHPs.† The final sections of the report focus on international perspectives, employment and economic benefits from geothermal energy development, and potential incentives in pending national legislation.

  18. ELECTRICITY TRANSMISSION IN DEREGULATED MARKETS; CONFERENCE AT CARNEGIE MELLON UNIVERSITY, PITTSBURGH PA USA DECEMBER 2004 1 A criticality approach to monitoring cascading

    E-Print Network [OSTI]

    Dobson, Ian

    ELECTRICITY TRANSMISSION IN DEREGULATED MARKETS; CONFERENCE AT CARNEGIE MELLON UNIVERSITY, PITTSBURGH PA USA DECEMBER 2004 1 A criticality approach to monitoring cascading failure risk and failure the risk of cascading failure of electric power transmission systems as overall loading is increased

  19. The United States Industrial Electric Motor Systems Market Opportunities Assessment: Key Results 

    E-Print Network [OSTI]

    Rosenberg, M.

    1999-01-01

    presents key findings from the Market Assessment in regard to patterns of motor energy use, saturation of energy efficiency measures such as efficient motors and adjustable speed drives, and motor system purchase and maintenance practices....

  20. Electricity internal market in the European Union : what to do next?

    E-Print Network [OSTI]

    Glachant, Jean-Michel

    The European Union's "internal energy market" remains a work in progress. It is even possible its construction were to stall. Given current political, institutional and business conditions in Europe, there are no guarantees ...