National Library of Energy BETA

Sample records for retail electricity markets

  1. 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

  2. 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

  3. Retail Electricity Competition

    E-Print Network [OSTI]

    Joskow, Paul; Tirole, Jean

    2004-01-01

    Reliability and Competitive Electricity Markets” mimeo, MITCSEM WP 130 Retail Electricity Competition * Paul Joskow andwww.ucei.org Retail Electricity Competition ? Paul Joskow †

  4. 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

  5. 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

  6. 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

  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. 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

  9. 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

  10. 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

  11. 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

  12. 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

  13. 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

  14. 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

  15. 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

  16. 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

  17. 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)

  18. 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.

  19. Retail competition in the UK electricity sector

    E-Print Network [OSTI]

    Rudnick, Hugh

    retail market #12;Schedule for UK market opening · 1990 large users (above 1 MW max demand) · about 30Retail competition in the UK electricity sector Stephen Littlechild Workshops on Retail Competition that in electricity · but agreed need to have further separation · Now require separate legal entities & licenses

  20. 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-

  1. 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

  2. CSEM WP 130 Retail Electricity Competition*

    E-Print Network [OSTI]

    California at Berkeley. University of

    a number of hitherto unstudied aspects of retail competi- tion in electricity markets. Its starting pointCSEM WP 130 Retail Electricity Competition* Paul Joskow and Jean Tirole April 2004 This paper is part of the Center for the Study of Energy Markets (CSEM) Working Paper Series. CSEM is a program

  3. 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,

  4. California Employment Growth and Office, Industrial, and Retail Markets, 1990

    E-Print Network [OSTI]

    Kroll, Cynthia; Tamura, Dina

    1990-01-01

    Office, Industrial, and Retail Markets, 1990 HE Californiastate's major office and retail markets. Services employmentstate's major office and retail markets." Like manufacturing

  5. 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

  6. Factors affecting robust retail energy markets

    SciTech Connect (OSTI)

    Michelman, T.S.

    1999-04-01

    This paper briefly defines an active retail market, details the factors that influence market activity and their relative importance, compares activity in various retail energy markets to date, and predicts future retail energy market activity. Three primary factors translate into high market activity: supplier margins, translated into potential savings for actively shopping customers; market size; and market barriers. The author surveys activity nationwide and predicts hot spots for the coming year.

  7. Fashion Marketing & Retailing BA (Hons) Key details

    E-Print Network [OSTI]

    Painter, Kevin

    Fashion Marketing & Retailing BA (Hons) Key details Duration: Full-time: 3 years (BA) / 4 years (BA Hons) Delivery type: Day Intake date: September Fees: 54000 AED per year Overview Our Fashion Marketing and Retailing programme confidently prepares students for a career within the marketing and retailing industry

  8. 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 ...

  9. 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

  10. REPORT TO CONGRESS ON COMPETITION IN WHOLESALE AND RETAIL MARKETS...

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

    Competition Task Force"3 (Task Force) to conduct a study of competition in wholesale and retail markets for electricity in the United States. Section 1815(b)(2)(B) required the...

  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

    exercise market power (Borenstein, 2011). With static retailpower, interact with wholesale markets. Section 1.1.2 presents underlying motivations for retail

  12. 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

    2005a. Time- varying retail electricity prices: Theory andpractice. Electricity Deregulation: Choices and Challenges.efficiency of real-time electricity pricing. Energy Journal

  13. Edgeworth price cycles in retail gasoline markets

    E-Print Network [OSTI]

    Noel, Michael David, 1971-

    2002-01-01

    In this dissertation, I present three essays that are motivated by the interesting and dynamic price-setting behavior of firms in Canadian retail gasoline markets. In the first essay, I examine behavior at the market level ...

  14. Effects of Price-Responsive Residential Demand on Retail and Wholesale Power Market Operations

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    1 Effects of Price-Responsive Residential Demand on Retail and Wholesale Power Market Operations/C) on integrated retail and wholesale power market operations. The physical operations of the A/C sys- tem, and distribution of electric power was mo- nopolistically controlled by vertically integrated utilities with retail

  15. Evaluating Government's Policies on Promoting Smart Metering in Retail Electricity Markets via Agent Based Simulation

    E-Print Network [OSTI]

    Zhang, Tao; Nuttall, William J.

    these policies are in terms of fostering smart metering and what other supplementary optimum strategies can be used to strengthen the effectiveness of these policies in the UK energy market still remain questionable. This paper is motivated by a desire... is the adoption of smart metering technology, which, in addition to offering a broad range of benefits to energy consumers, can substantially cut CO2 emissions. As a novel technology, in the UK energy market smart metering is still in its infancy and its...

  16. Evaluating Government's Policies on Promoting Smart Metering Diffusion in Retail Electricity Markets via

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    recommendations for the energy mar- ket is the adoption of smart metering technology, which, in addition for monitoring and billing purposes (Ofgem, 2006a). As a novel technology in the U.K. energy market, smart policies on promoting smart metering technology in its 2007 white paper on energy Meeting the Energy

  17. 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

  18. 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

  19. 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/

  20. 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...

  1. Retail Demand Response in Southwest Power Pool

    E-Print Network [OSTI]

    Bharvirkar, Ranjit

    2009-01-01

    and Retails Electricity Markets in SPP The Southwest Powerand Retails Electricity Markets in SPP.3 2.1 Wholesale Markets in the Southwest PowerRetail Demand Response in SPP Wholesale Markets in the Southwest Power

  2. Edgeworth Price Cycles, Cost-based Pricing and Sticky Pricing in Retail Gasoline Markets

    E-Print Network [OSTI]

    Noel, Michael

    2004-01-01

    Dynamic Pricing in Retail gasoline Markets”, RAND Journal ofin the Canadian Retail Gasoline Market”, Energy Economics [Associates. “Canadian Retail Petroleum Markets Study”, Re-

  3. Asymmetric Price Adjustment and Consumer Search: An Examination of the Retail Gasoline Market

    E-Print Network [OSTI]

    Lewis, Matt

    2004-01-01

    Competition in Retail Gasoline Markets: Empirical EvidenceAn Examination of the Retail Gasoline Market Matt Lewis*An Examination of the Retail Gasoline Market Matthew Lewis ?

  4. Data Mining for the category management in the retail market

    E-Print Network [OSTI]

    Bebendorf, Mario

    Data Mining for the category management in the retail market Jochen Garcke, Michael Griebel and Michael Thess January 29, 2009 1 Executive summary Worldwide the retail market is under a severe competitive market. To survive in this market most retailers use undirected mass marketing extensively. All

  5. 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,

  6. STAFF FORECAST: AVERAGE RETAIL ELECTRICITY PRICES

    E-Print Network [OSTI]

    CALIFORNIA ENERGY COMMISSION STAFF FORECAST: AVERAGE RETAIL ELECTRICITY PRICES 2005 TO 2018 Mignon Marks Principal Author Mignon Marks Project Manager David Ashuckian Manager ELECTRICITY ANALYSIS OFFICE Sylvia Bender Acting Deputy Director ELECTRICITY SUPPLY DIVISION B.B. Blevins Executive Director

  7. 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

  8. 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...

  9. 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

  10. Vertical Relationships and Competition in Retail Gasoline Markets

    E-Print Network [OSTI]

    California at Berkeley. University of

    PWP-075 Vertical Relationships and Competition in Retail Gasoline Markets: Empirical Evidence from in Retail Gasoline Markets Empirical Evidence from Contract Changes in Southern California Justine S, if any, of the differences in retail gasoline prices between markets is attributable to differences

  11. Edgeworth Price Cycles: Evidence from the Toronto Retail Gasoline Market

    E-Print Network [OSTI]

    Noel, Michael

    2004-01-01

    Robbery, An Analysis of the Gasoline Crisis”, Bloomington:Dynamic Pricing in Retail gasoline Markets”, RAND Journal ofR. Gilbert. “Do Gasoline Markets Respond Asymmetrically to

  12. 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.

  13. 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

  14. 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

  15. Vertical Relationships and Competition in Retail Gasoline Markets: An Empirical Evidence from Contract Changes in Southern California

    E-Print Network [OSTI]

    Hastings, Justine

    2000-01-01

    Behavior and Contracts in Retail Markets" American Economicof this potential for retail market power, many studies ofeffects of changes in retail market composition on prices.

  16. http://stir.ac.uk/4x Why study Retail Marketing?

    E-Print Network [OSTI]

    Little, Tony

    http://stir.ac.uk/4x BA(Hons) Retail Marketing #12;Why study Retail Marketing? Retailers lead marketing: Retailers have taken over marketing leadership from manufacturers. Retailers lead innovation and change: Sophisticated customer relationship programmes, multi-channel promotional and marketing

  17. 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

  18. 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

  19. Retailer-Wholesaler Response to State-Sponsored Marketing

    E-Print Network [OSTI]

    Neimark, Alexander V.

    Retailer-Wholesaler Response to State-Sponsored Marketing Programs: The Case of Jersey Fresh Ramu #12;Retailer-Wholesaler Response to State-Sponsored Marketing Programs: The Case of Jersey Fresh Ramu Govindasamy Aruna Pingali John Italia Daymon Thatch RUTGERS In cooperation with: Agricultural Marketing

  20. Seattle University Marketing 354: Introduction to Retailing Management

    E-Print Network [OSTI]

    Carter, John

    Seattle University Marketing 354: Introduction to Retailing Management Winter 2014 INSTRUCTOR: Retailing Management, 9th Edition, by Michael Levy, Barton A. Weitz & Dhruv Grewal, McGraw Hill of retailing, from both a strategic and tactical/executional perspective. You will be given the framework

  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. 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

  3. Revised 1997 Retail Electricity Price Forecast Principal Author: Ben Arikawa

    E-Print Network [OSTI]

    Revised 1997 Retail Electricity Price Forecast March 1998 Principal Author: Ben Arikawa Electricity 1997 FORE08.DOC Page 1 CALIFORNIA ENERGY COMMISSION ELECTRICITY ANALYSIS OFFICE REVISED 1997 RETAIL ELECTRICITY PRICE FORECAST Introduction The Electricity Analysis Office of the California Energy Commission

  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. 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

  6. Retail risk management pricing electricity to manage customer risk

    SciTech Connect (OSTI)

    Mauldin, M.G.

    1997-06-01

    In the environment of direct customer access and supplier choice that is coming, experience teaches that customers will value the opportunity to control their price risk in a variety of ways. Suppliers that are sensitive to this desire and the varied ways of meeting it will have a distinct advantage. Large electricity customers are clearly awaiting the day the monopoly floodgates open because they believe cheap electricity from alternate suppliers will become available to them. But access and choice will mean more to utility retail customers than just the potential availability of low cost power. It will mean that customers will have the purchasing power to demand exactly what they want from their electricity provider. Some customers will want the lowest cost power available, which may mean that they purchase directly from the spot market. Others will want to use their new-found clout to purchase power of a certain guaranteed quality or reliability level, or to purchase on a pricing plan that fits their needs. For instance, business customers that sell goods under fixed price contracts may want to purchase electricity at a price that is fixed for a certain period - perhaps a quarter of a year. This article focuses on products that protect customers from the price risk they would face if they purchased directly from the spot market. First, it will address examples of products that are used to protect against price risk in the gas market, because these products indicate the type of offerings that may help electric customers manage price risks. Next, the article will highlight findings on desires of customers in the electricity market, and provide an overview of utility tariffs that can help customers control their price risk. Finally, it will discuss approaches that can be used to price these retail risk management products.

  7. Analysis of Local Retail Market for Catfish and Crawfish. 

    E-Print Network [OSTI]

    Capps, Oral Jr.; Lambregts, Johannes Adrianus

    1990-01-01

    Southern Regional Aquaculture Center I I ~\\ '?7 B-16~ SRAC No. 512 November 1990 :1. o' Analysis of a Local Retail Market for Catfish and Crawfish The Texas Agricultural Experiment Station Charles J. Arntzen, Director The Texas A...&M University System College -station, Texas (Blank Page In 0 -rigiaal BuDetinl ? 7 . k. :i'; ;:: ~?- .? ,.: t : .. '? Analysis of a Local Retail Market for Catfish and Crawfish Oral Capps, Jr. and Johannes Adrianus Lambregts1 1Respectively...

  8. 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

  9. 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

  10. Coordination of Retail Demand Response with Midwest ISO Markets

    E-Print Network [OSTI]

    Bharvirkar, Ranjit

    2008-01-01

    The OMS coordinates electricity transmission and wholesalethe regional transmission grid and electricity markets. TheTransmission Organization Real Time Pricing Southern Electricity

  11. 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

  12. 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

  13. Marketing of Retail Signage in Different Environments 

    E-Print Network [OSTI]

    Le, Mai

    2012-04-26

    The primary purpose of this research is to look into the design of signage in different retail locations to see how each place adapts its visual presentation to accommodate its consumers. It is clear that signs are designed differently from one...

  14. THE GEOGRAPHIC EXTENT OF UK RETAIL BANKING MARKETS John K. Ashton

    E-Print Network [OSTI]

    Feigon, Brooke

    1 THE GEOGRAPHIC EXTENT OF UK RETAIL BANKING MARKETS by John K. Ashton CCR Working Paper CCR 03-4 Abstract This study examines the geographical extent of UK markets for retail banking services, which Institutions Mortgages Key Terms: Retail Banking: Interest rates: Market Definition: Mortgages Acknowledgements

  15. COMPETITION POLICY TOWARDS RETAILERS: SIZE, SELLER MARKET POWER AND BUYER POWER

    E-Print Network [OSTI]

    Feigon, Brooke

    1 COMPETITION POLICY TOWARDS RETAILERS: SIZE, SELLER MARKET POWER AND BUYER POWER by Nicola the wholesale price in which retailers serve different distribution markets. The model shows that the current in this practice. JEL: L20; L40. Keywords : Market Definition; Bargaining; Retail Sector. ISSN 1473-8473 #12;2 1

  16. Edgeworth Price Cycles, Cost-based Pricing and Sticky Pricing in Retail Gasoline Markets

    E-Print Network [OSTI]

    Noel, Michael

    2004-01-01

    Robbery, An Analysis of the Gasoline Crisis”, Bloomington:Dynamic Pricing in Retail gasoline Markets”, RAND Journal ofR. Gilbert. “Do Gasoline Markets Respond Asymmetrically to

  17. 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

  18. 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

  19. 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

  20. 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

  1. Why do we need electricity retailers?; or, can you get it cheaper wholesale?

    E-Print Network [OSTI]

    Joskow, Paul L.

    2000-01-01

    The opportunities for retail electricity competition to provide new value-added services to retail electricity consumers are discussed. The physical attributes of electricity supply make many of the traditional "convenience ...

  2. 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

    USA. CEC, 2012. Electricity Consumption by Planning Area [of customer gross electricity consumption, for three levelsresponse reduces electricity consumption, sometimes through

  3. 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

    Borenstein, S. , 2007. Electricity Rate Structures and theEnvironmentally-Sound Electricity Rates for the Twenty-FirstCap-and-Trade for Electricity Rate Design, with Examples

  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

    energy conservation and distributed generation from elimination of electricof intermittent electric generation technologies. Energyof intermittent electric generation technologies. Energy

  5. 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

    networks. Progress in Photovoltaics: Research andenergy markets. Progress in Photovoltaics: Research andfuture prospects. Progress in Photovoltaics: Research and

  6. 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(

  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

    Berkeley, CA, USA. CEC, 2012. Electricity Consumption byUSA. E3, 2010c. Greenhouse Gas Modeling of California’s Electricity

  8. 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

  9. Asymmetric Price Adjustment and Consumer Search: An Examination of the Retail Gasoline Market

    E-Print Network [OSTI]

    Lewis, Matt

    2004-01-01

    and R. Gilbert (1997) “Do Gasoline Prices Respond Asymmet-George. (2004) “Retail Gasoline Price Dynamics and LocalAsymmetries in Local Gasoline Markets” Energy Economics

  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. Wealth Transfers Among Large Customers from Implementing Real-Time Retail Electricity Pricing

    E-Print Network [OSTI]

    Borenstein, Severin

    2007-01-01

    for the electrical energy they consume would eliminate theconsume disproportionately at times when the retail price of the energy

  12. 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

    The Market Value and Cost of Solar Photovoltaic Electricitydue to zero marginal cost solar generation, similar to thatshort-term integration costs of solar. This is true under an

  13. 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

    by biomass, 1.5% by small hydro, and 0.3% by PV. The pricebiomass, geothermal, and small hydro electricity generation

  14. 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

    and Public Economies of Renewable Electricity Generation.wind power development. Renewable Energy 33, 1854–1867.SR-581-42303). National Renewable Energy Laboratory (NREL),

  15. 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

  16. Vertical Relationships and Competition in Retail Gasoline Markets: An Empirical Evidence from Contract Changes in Southern California

    E-Print Network [OSTI]

    Hastings, Justine

    2000-01-01

    Margaret E. “Vancouver's Gasoline-Price Wars: An EmpiricalEvidence from Retail Gasoline Markets” Journal of Law,The Case of Retail Gasoline Markets” Journal of Law and

  17. The role of content regulation on pricing and market power in regional retail and wholesale gasoline markets

    E-Print Network [OSTI]

    Muehlegger, Erich J.

    2002-01-01

    Since 1999, regional retail and wholesale gasoline markets in the United States have experienced significant price volatility, both intertemporally and across geographic markets. This paper focuses on one potential explanation ...

  18. Nations of Retailers: The Comparative Political Economy of Retail Trade

    E-Print Network [OSTI]

    Watson, Bartholomew Clark

    2011-01-01

    institutions, and retail market structure. Next, threeof these firms on retail markets across the globe today.controlled much of the retail market), conflicts between

  19. Nations of Retailers: The Comparative Political Economy of Retail Trade

    E-Print Network [OSTI]

    Watson, Bartholomew Clark

    2011-01-01

    lean retail strategy that uses market power and digitalpower resources, bargaining institutions, and retail marketProducer Power, and the “Push” System The retail markets in

  20. The New Hampshire retail competition pilot program and the role of green marketing

    SciTech Connect (OSTI)

    Holt, E.A.; Fang, J.M.

    1997-11-01

    Most states in the US are involved in electric industry restructuring, from considering the pros and cons in regulatory dockets to implementing legislative mandates for full restructuring and retail access for all consumers. Several states and utilities have initiated pilot programs in which multiple suppliers or service providers may compete for business and some utility customers can choose among competing suppliers. The State of New Hampshire has been experimenting with a pilot program, mandated by the State Legislature in 1995 and implemented by the New Hampshire Public Utilities Commission (NHPUC), before it implements full retail access. Green marketing, an attempt to characterize the supplier or service provider as environmentally friendly without referring to the energy resource used to generate electricity, was used by several suppliers or service providers to attract customers. This appeal to environmental consumerism was moderately successful, but it raised a number of consumer protection and public policy issues. This issue brief examines the marketing methods used in New Hampshire and explores what green marketing might mean for the development of renewable energy generation. It also addresses the issues raised and their implications.

  1. Optimal Power Flow Formulation in Market of Retail Wheeling Taiyou Yong, Student Member, IEEE Robert Lasseter, Fellow, IEEE

    E-Print Network [OSTI]

    Optimal Power Flow Formulation in Market of Retail Wheeling Taiyou Yong, Student Member, IEEE distribution in the new retail wheeling market. Formation of optimal power flow (OPF) problem, in which concerns on optimal power flow arise in the retail wheeling market. In the deregulated power system

  2. 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

  3. 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

  4. 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

  5. Table 9. Retail electricity sales statistics, 2013

    U.S. Energy Information Administration (EIA) Indexed Site

    "Notes: Data are shown for All Sectors. Full Service Providers sell bundled electricity services (e.g., both energy and delivery) to end users. Full Service Providers may...

  6. Coordination of Retail Demand Response with Midwest ISO Markets

    SciTech Connect (OSTI)

    Bharvirkar, Ranjit; Bharvirkar, Ranjit; Goldman, Charles; Heffner, Grayson; Sedano, Richard

    2008-05-27

    The Organization of Midwest ISO States (OMS) launched the Midwest Demand Resource Initiative (MWDRI) in 2007 to identify barriers to deploying demand response (DR) resources in the Midwest Independent System Operator (MISO) region and develop policies to overcome them. The MWDRI stakeholders decided that a useful initial activity would be to develop more detailed information on existing retail DR programs and dynamic pricing tariffs, program rules, and utility operating practices. This additional detail could then be used to assess any"seams issues" affecting coordination and integration of retail DR resources with MISO's wholesale markets. Working with state regulatory agencies, we conducted a detailed survey of existing DR programs, dynamic pricing tariffs, and their features in MISO states. Utilities were asked to provide information on advance notice requirements to customers, operational triggers used to call events (e.g. system emergencies, market conditions, local emergencies), use of these DR resources to meet planning reserves requirements, DR resource availability (e.g., seasonal, annual), participant incentive structures, and monitoring and verification (M&V) protocols. This report describes the results of this comprehensive survey and discusses policy implications for integrating legacy retail DR programs and dynamic pricing tariffs into organized wholesale markets. Survey responses from 37 MISO members and 4 non-members provided information on 141 DR programs and dynamic pricing tariffs with a peak load reduction potential of 4,727 MW of retail DR resource. Major findings of this study area:- About 72percent of available DR is from interruptible rate tariffs offered to large commercial and industrial customers, while direct load control (DLC) programs account for ~;;18percent. Almost 90percent of the DR resources included in this survey are provided by investor-owned utilities. - Approximately, 90percent of the DR resources are available with less than two hours advance notice and over 1,900 MW can be dispatched on less than thirty minutes notice. These legacy DR programs are increasingly used by utilities for economic in addition to reliability purposes, with over two-thirds (68percent) of these programs callable based on market conditions. - Approximately 60percent of DLC programs and 30percent of interruptible rate programs called ten or more DR events in 2006. Despite the high frequency of DR events, customer complaints remained low. The use of economic criteria to trigger DR events and the flexibility to trigger a large number of events suggests that DR resources can help improve the efficiency of MISO wholesale markets. - Most legacy DR programs offered a reservation payment ($/kW) for participation; incentive payment levels averaged about $5/kW-month for interruptible rate tariffs and $6/kW-month for DLC programs. Few programs offered incentive payments that were explicitly linked to actual load reductions during events and at least 27 DR programs do not have penalties for non-performance. - Measurement and verification (M&V) protocols to estimate load impacts vary significantly across MISO states. Almost half of the DR programs have not been evaluated in recent times and thus performance data for DR events is not available. For many DLC programs, M&V protocols may need to be enhancedin order to allow participation in MISO's proposed EDR schedule. System operators and planners will need to develop more accurate estimates of the load reduced capability and actual performance.

  7. 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

  8. 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

  9. 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

  10. 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

  11. 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.

  12. Asymmetric Price Adjustment and Consumer Search: An Examination of the Retail Gasoline Market

    E-Print Network [OSTI]

    Lewis, Matt

    2003-01-01

    Adjustment of U.K. Retail Gasoline Prices to Cost Changes. ”C. and R. Gilbert (1997) “Do Gasoline Prices Respond Asym-Asymmetries in Local Gasoline Markets” Energy Economics

  13. 2008 WIND TECHNOLOGIES MARKET REPORT

    E-Print Network [OSTI]

    Bolinger, Mark

    2010-01-01

    2007 retail sales from the electric utilities served byuses 2007 retail sales from the electric utilities served byretail sales of the power marketing company and any affiliated electric utilities.

  14. Retail market test: An in-depth evaluation of a new product concept for lamb. 

    E-Print Network [OSTI]

    Naylor, Robert Kenneth

    1967-01-01

    19 Objectives and Related Hypotheses 21 IV LITEPATSLRE REVIEW 24 Retail Market Tests 25 Matched-lot controlled experiments 25 Test store versus control store experiments. . 27 Latin-square experiments . . . , . ~ . , 28 Factorial experiments 28... Multiple covariance analysis Field Organization for the Market Test 50 50 VI THE RETAIL STORE TEST 52 General Consumer Awareness 52 General Sales Analysis Lamb sales analysis Summary Pork sales analysis Beef sales analysis 53 53 57 58 59...

  15. 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.

  16. Coordination of Retail Demand Response with Midwest ISO Markets

    E-Print Network [OSTI]

    Bharvirkar, Ranjit

    2008-01-01

    Robinson, Michael, 2008, "Demand Response in Midwest ISOPresentation at MISO Demand Response Working Group Meeting,Coordination of Retail Demand Response with Midwest ISO

  17. Retail Demand Response in Southwest Power Pool

    E-Print Network [OSTI]

    Bharvirkar, Ranjit

    2009-01-01

    in wholesale and retail markets. The survey template wasvia wholesale or retail markets. DR incentive paymentsof DR in wholesale and retail market and system operations.

  18. Impact of residential PV adoption on Retail Electricity Rates

    SciTech Connect (OSTI)

    Cai, DWH; Adlakha, S; Low, SH; De Martini, P; Chandy, KM

    2013-11-01

    The price of electricity supplied from home rooftop photo voltaic (PV) solar cells has fallen below the retail price of grid electricity in some areas. A number of residential households have an economic incentive to install rooftop PV systems and reduce their purchases of electricity from the grid. A significant portion of the costs incurred by utility companies are fixed costs which must be recovered even as consumption falls. Electricity rates must increase in order for utility companies to recover fixed costs from shrinking sales bases. Increasing rates will, in turn, result in even more economic incentives for customers to adopt rooftop PV. In this paper, we model this feedback between PV adoption and electricity rates and study its impact on future PV penetration and net-metering costs. We find that the most important parameter that determines whether this feedback has an effect is the fraction of customers who adopt PV in any year based solely on the money saved by doing so in that year, independent of the uncertainties of future years. These uncertainties include possible changes in rate structures such as the introduction of connection charges, the possibility of PV prices dropping significantly in the future, possible changes in tax incentives, and confidence in the reliability and maintainability of PV. (C) 2013 Elsevier Ltd. All rights reserved.

  19. 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

  20. Estimating the Value of Electricity Storage Resources in Electricity...

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

    understanding the role electricity storage resources (storage) can play in wholesale and retail electricity markets, 2) assessing the value of electricity storage in a variety of...

  1. 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,

  2. 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.

  3. 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

  4. 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.

  5. A study of beef cattle marketing in Venezuela and the marketing margins between the farm and retail levels of prices 

    E-Print Network [OSTI]

    Acosta, Sady Ines Borjas-Paez

    1975-01-01

    partial fulf i 1 lment of the recu'. rement i or rhe degree of MASTEF, OF SCIENCE December 1975 Major Subject: Agricultural Economics A STUDY OF B EF' CATTLE M. 'RKEl'lNG :N VENEZUELA AND THE MARKETING MAPGINS BETWEEN THE FVARM AND RETAIL LEVELS Ot... for the period 1960-1972 were studied from the farm through 'retail levels, the variations in price spread were large. Lack of knowledge concerning share of marketing margins has brought inadequate govern- ment policies. The structural demand equation...

  6. 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.

  7. The calm before the storm. [Retail wheeling

    SciTech Connect (OSTI)

    Studness, C.M.

    1993-05-15

    The right to refuse retail wheeling requests is one of the cornerstones of a utility's monopoly power. Utilities have fought staunchly to preserve it, most recently in preventing retail wheeling from becoming an important issue in the congressional debate over deregulation; the Energy Policy Act of 1992 steered clear of it. For the present, the prohibition of retail wheeling gives utilities enormous power over the retail electric power market. The ability to refuse retail wheeling requests, of course, prevents retail customers from buying power from third parties. This enables a utility to sell retail customers all the power it can generate, at a price that covers its cost plus an allowed return-even if its price exceeds that of power available in the wholesale market. The denial of retail wheeling thus protects a utility's inefficiencies, whose price is ultimately shouldered onto customers through cost-plus electric rates. Allowing retail wheeling would remove the foundation for much of the current monopoly power that utilities enjoy. Third parties could sell power to a utility's retail customers, since the utility would be required to wheel it. Retail customers would be able to bypass the local distribution utility to buy power from the cheapest source available. Market forces would drive pricing rather than the cost-plus ratemaking process. A utility whose electric rates were above market would have to meet the competitive price or lose sales.

  8. Vertical relationships between manufacturers and retailers: inference with limited data

    E-Print Network [OSTI]

    Villas-Boas, Sofia B.

    2007-01-01

    and down- stream retail markets by increasing theretailers competing in the retail market and suppose theremarket power in the retail market and fairly general market

  9. Vertical relationships between manufacturers and retailers: inference with limited data

    E-Print Network [OSTI]

    Villas-Boas, Sofia B.

    2006-01-01

    manufacturer and downstream retail markets by increasing theretailers competing in the retail market and suppose theremarket power in the retail market and fairly general market

  10. 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.

  11. Optimising Market Share and Profit Margin: SMDP-based Tariff Pricing under the Smart Grid

    E-Print Network [OSTI]

    Chli, Maria

    market dynamisms.1 Power TAC simulates an open and competitive electricity wholesale and retail market market, an energy retailer aims to simultaneously increase the number of contracted customers and its the competition, AstonTAC was the only retailer agent performing well across all retail market settings. I

  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

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

  13. 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

  14. 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

  15. 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

  16. 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

  17. Impact of residential PV adoption on Retail Electricity Rates Desmond W.H. Cai a,n

    E-Print Network [OSTI]

    Wierman, Adam

    Impact of residential PV adoption on Retail Electricity Rates Desmond W.H. Cai a,n , Sachin Adlakha reduce their electricity consumption from the grid. Electricity rates must increase for utility) solar cells has fallen below the retail price of grid electricity in some areas. A number of residential

  18. 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.

  19. 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.

  20. 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

  1. 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

  2. REPORT TO CONGRESS ON COMPETITION IN WHOLESALE AND RETAIL MARKETS...

    Energy Savers [EERE]

    Energy Regulatory Commission's Proposal for Standard Market Design 2010 Assessment of Demand Response and Advanced Metering - Staff Report STUDY OF THE EFFECT OF PRIVATE WIRE...

  3. Vertical relationships between manufacturers and retailers: inference with limited data

    E-Print Network [OSTI]

    Villas-Boas, Sofia B.

    2007-01-01

    is downstream market power in the retail market and fairlymergers affect market power in the retail gasoline markets.at the retail level; retailers have market power with which

  4. Vertical relationships between manufacturers and retailers: inference with limited data

    E-Print Network [OSTI]

    Villas-Boas, Sofia B.

    2006-01-01

    is downstream market power in the retail market and fairlymergers a?ect market power in the retail gasoline markets.at the retail level; retailers have market power with which

  5. The bricks, clicks, economics and mortar of contemporary retail : the consequences that retailer storing strategies and retail performance across markets have on real estate investments

    E-Print Network [OSTI]

    Fagan, Kevin William

    2011-01-01

    The retail industry in the 21st century is undergoing a confluence of transformative changes. In this paper we discuss particularly noteworthy changes related to demography, retail economics and the Internet. We note how, ...

  6. New Electricity Advisory Committee Reports Delivered to the Department...

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

    understanding the role electricity storage resources (storage) can play in wholesale and retail electricity markets, 2) assessing the value of electricity storage in a variety of...

  7. 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

  8. 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,

  9. 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

  10. 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. [

  11. 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

  12. 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,

  13. 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,”

  14. "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

  15. 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

  16. CSEM WP 106R Investment Efficiency in Competitive Electricity

    E-Print Network [OSTI]

    California at Berkeley. University of

    Efficiency in Competitive Electricity Markets With and Without Time-Varying Retail Prices Severin Borenstein, there is no restruc- tured electricity market in which most retail customers can be charged realtime prices (RTP industries, retail prices do not adjust quickly to changes in costs or market conditions. Restaurants keep

  17. Effects of Demand Response on Retail and Wholesale Power Markets

    SciTech Connect (OSTI)

    Chassin, David P.; Kalsi, Karanjit

    2012-07-26

    Demand response has grown to be a part of the repertoire of resources used by utilities to manage the balance between generation and load. In recent years, advances in communications and control technology have enabled utilities to consider continuously controlling demand response to meet generation, rather than the other way around. This paper discusses the economic applications of a general method for load resource analysis that parallels the approach used to analyze generation resources and uses the method to examine the results of the US Department of Energy’s Olympic Peninsula Demonstration Testbed. A market-based closed-loop system of controllable assets is discussed with necessary and sufficient conditions on system controllability, observability and stability derived.

  18. 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

  19. 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

    power sector reforms at their outset envisioned establishing wholesale markets and eventually establishing retail

  20. Nordic Market Report 2009

    E-Print Network [OSTI]

    ..........................................................................38 7 RETAIL MARKETS .........................................................................40 7.........................................................................................................................43 7.4 RETAIL MARKETS: CONCLUSIONS NORDIC RETAIL MARKET WITH FREE CHOICE OF SUPPLIER.........................46 9.2 A WELL

  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

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

  2. 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

  3. Retail Choice Experiments: Comparing Early-AdopterExperience

    SciTech Connect (OSTI)

    Golove, William

    2003-03-01

    This paper reviews the experience with retail choice of non-residential electricity customers during the period from early 1998 through the first few months of 2000. Key findings include: (1) customers in California received a significantly smaller discount from utility tariffs than customers in other competitive markets; (2) this sample of large commercial/industrial customers believed they were benefiting significantly more from commodity savings from contracts with retail electricity service providers (RESP) than from value-added services; and,(3) market rules appear to be critical to customer experiences with retail competition, yet the relationship between market rules and market development is inadequately understood.

  4. 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

  5. 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

  6. Retail Infrastructure Costs Comparison for Hydrogen and Electricity for Light-Duty Vehicles: Preprint

    SciTech Connect (OSTI)

    Melaina, M.; Sun, Y.; Bush, B.

    2014-08-01

    Both hydrogen and plug-in electric vehicles offer significant social benefits to enhance energy security and reduce criteria and greenhouse gas emissions from the transportation sector. However, the rollout of electric vehicle supply equipment (EVSE) and hydrogen retail stations (HRS) requires substantial investments with high risks due to many uncertainties. We compare retail infrastructure costs on a common basis - cost per mile, assuming fueling service to 10% of all light-duty vehicles in a typical 1.5 million person city in 2025. Our analysis considers three HRS sizes, four distinct types of EVSE and two distinct EVSE scenarios. EVSE station costs, including equipment and installation, are assumed to be 15% less than today's costs. We find that levelized retail capital costs per mile are essentially indistinguishable given the uncertainty and variability around input assumptions. Total fuel costs per mile for battery electric vehicle (BEV) and plug-in hybrid vehicle (PHEV) are, respectively, 21% lower and 13% lower than that for hydrogen fuel cell electric vehicle (FCEV) under the home-dominant scenario. Including fuel economies and vehicle costs makes FCEVs and BEVs comparable in terms of costs per mile, and PHEVs are about 10% less than FCEVs and BEVs. To account for geographic variability in energy prices and hydrogen delivery costs, we use the Scenario Evaluation, Regionalization and Analysis (SERA) model and confirm the aforementioned estimate of cost per mile, nationally averaged, but see a 15% variability in regional costs of FCEVs and a 5% variability in regional costs for BEVs.

  7. 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

  8. 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

  9. Retail Market analysis in targeting sales based on Consumer Behaviour using Fuzzy Clustering - A Rule Based Mode

    E-Print Network [OSTI]

    Bhanu, D

    2009-01-01

    Product Bundling and offering products to customers is of critical importance in retail marketing. In general, product bundling and offering products to customers involves two main issues, namely identification of product taste according to demography and product evaluation and selection to increase sales. The former helps to identify, analyze and understand customer needs according to the demo-graphical characteristics and correspondingly transform them into a set of specifications and offerings for people. The latter, concerns with how to determine the best product strategy and offerings for the customer in helping the retail market to improve their sales. Existing research has focused only on identifying patterns for a particular dataset and for a particular setting. This work aims to develop an explicit decision support for the retailers to improve their product segmentation for different settings based on the people characteristics and thereby promoting sales by efficient knowledge discovery from the exi...

  10. 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.

  11. 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.

  12. 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

  13. 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...

  14. 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 ...

  15. 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

  16. 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

  17. Innovation, Retail Performance and Zero Emission Vehicle Policy

    E-Print Network [OSTI]

    California at Davis, University of

    ;3 "Encourage and support auto dealers to increase sales and leases of ZEVs." (p. 15) " " Why Study the Retail1 Innovation, Retail Performance and Zero Emission Vehicle Policy Eric Cahill Research Briefing Market for Plug-in Electric Vehicles (PEVs)? #12;4 Policy Focus is on Automakers and Consumers Government

  18. 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...

  19. Got the "Buy Local" bug? Here are some resources for you! From farmers markets to grocery stores to university cafeterias, more retailers are showcasing food

    E-Print Network [OSTI]

    Debinski, Diane M.

    Got the "Buy Local" bug? Here are some resources for you! From farmers markets to grocery stores to university cafeterias, more retailers are showcasing food grown and raised by local farmers and ranchers retailers develop local food connections. Below is a list of some of just some of the many USDA resources

  20. 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.

  1. 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

  2. The impact of retail rate structures on the economics of commercial photovoltaic systems in California

    E-Print Network [OSTI]

    Mills, Andrew D.

    2009-01-01

    the impact of retail electricity rate design on the economiccustomer retail electricity rates currently offered in thethe design of retail electricity rates, particularly for

  3. The Impact of Retail Rate Structures on the Economics of Commercial Photovoltaic Systems in California

    E-Print Network [OSTI]

    Mills, Andrew

    2009-01-01

    the impact of retail electricity rate design on the economiccustomer retail electricity rates currently offered in thethe design of retail electricity rates, particularly for

  4. CANNED FISH RETAIL PRICES

    E-Print Network [OSTI]

    CANNED FISH RETAIL PRICES UNITED STATES DEPARTMENT OF THE INTERIOR FISH AND WILDLIFE SERVICE BUREAU PRICES APRIL 1959 Prepared in the Bureau of Commercial Fisheries Branch of Market Development FISHERY with the Bureau of Labor Statistics to obtain a v e rage retail prices for selected canned fish items. The retail

  5. 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.

  6. 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.

  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

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

  8. 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

  9. 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

  10. 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

  11. The Impact of Carbon Pricing on Wholesale Electricity Prices, Carbon Pass-Through Rates and Retail Electricity Tariffs in Australia.1

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    1 The Impact of Carbon Pricing on Wholesale Electricity Prices, Carbon Pass-Through Rates and Retail Electricity Tariffs in Australia.1 By Phillip Wild, School of Economics, The University of Corporate Affairs at our Industry Partner, AGL Energy Ltd, for his advice and contributions throughout

  12. 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

  13. 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

  14. 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

  15. A Nested Game-Based Optimization Framework for Electricity Retailers in the Smart Grid with Residential Users and PEVs

    E-Print Network [OSTI]

    Pedram, Massoud

    A Nested Game-Based Optimization Framework for Electricity Retailers in the Smart Grid California Los Angeles, CA USA {yli760, yanzhiwa, shahin, pedram}@usc.edu Abstract--In the smart grid, real to the smart grid with distributed control mechanism in order to reduce the amount of communication overhead

  16. 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.

  17. Market research of commercial recommendation engines for online and offline retail

    E-Print Network [OSTI]

    Duan, Yaoyao Clare

    2014-01-01

    In the era of big data and predictive analytics, recommendation systems or recommendation engines that recommend merchandise or service offerings based on individual preferences have had a revolutionary impact on retail ...

  18. 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

  19. 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

  20. 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

  1. Retailer Energy Alliance Subcommittees

    SciTech Connect (OSTI)

    2008-07-01

    This fact sheet describes the Retailer Energy Alliances Subcommittees: Lighting and Electrical, Restaurant and Food Preparation, Refrigeration, HVAC, and Whole Building Systems.

  2. 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.

  3. 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.

  4. 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...

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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.

  11. 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

  12. 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-

  13. 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...

  14. 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

  15. Integrated Retail and Wholesale (IRW) Power System Operations with Smart-Grid Functionality

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    Integrated Retail and Wholesale (IRW) Power System Operations with Smart-Grid Functionality Leigh-NE, MISO, XM, RTE, MEC IRW Project: Integrated Retail/Wholesale Power System Operation with Smart on business practices manuals for restructured North American electric power markets Realistically rendered

  16. 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

  17. 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

  18. 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

  19. 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

  20. 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...

  1. 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 ...

  2. 2009 Wind Technologies Market Report

    E-Print Network [OSTI]

    Wiser, Ryan

    2010-01-01

    2008 retail sales from the electric utilities served byuses 2008 retail sales from the electric utilities served by

  3. Consumer Convenience and the Availability of Retail Stations as a Market Barrier for Alternative Fuel Vehicles: Preprint

    SciTech Connect (OSTI)

    Melaina, M.; Bremson, J.; Solo, K.

    2013-01-01

    The availability of retail stations can be a significant barrier to the adoption of alternative fuel light-duty vehicles in household markets. This is especially the case during early market growth when retail stations are likely to be sparse and when vehicles are dedicated in the sense that they can only be fuelled with a new alternative fuel. For some bi-fuel vehicles, which can also fuel with conventional gasoline or diesel, limited availability will not necessarily limit vehicle sales but can limit fuel use. The impact of limited availability on vehicle purchase decisions is largely a function of geographic coverage and consumer perception. In this paper we review previous attempts to quantify the value of availability and present results from two studies that rely upon distinct methodologies. The first study relies upon stated preference data from a discrete choice survey and the second relies upon a station clustering algorithm and a rational actor value of time framework. Results from the two studies provide an estimate of the discrepancy between stated preference cost penalties and a lower bound on potential revealed cost penalties.

  4. 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

  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. A Survey of Postmortem Aging Times for Beef Steaks Marketed in the Retail Channel 

    E-Print Network [OSTI]

    Kline, Helen Carter

    2015-07-29

    This study was designed to determine the actual postfabrication storage time or aging time for beef rib/loin cuts sold at retail. Postmortem aging of beef is a commonly accepted practice in today’s industry; however, not all members of the meat...

  11. CSEM WP 110R Lessons from the California Electricity Crisis

    E-Print Network [OSTI]

    California at Berkeley. University of

    PUCs should revise their retail market policies to prevent a future California crisis that these standard market rules, combined with the retail market rules implemented by state PUCs will increaseCSEM WP 110R Lessons from the California Electricity Crisis Frank A. Wolak Revised May 2003

  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. 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

  14. 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

  15. 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

  16. 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

  17. 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

  18. 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...

  19. 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

  20. 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

  1. 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...

  2. Assessing the Local Marketing Potential for Mandarin Growers and Hoshigaki Producers in Placer County

    E-Print Network [OSTI]

    2007-01-01

    dominate the mainstream retail market. Certain large-scaleCounty from entering retail markets in the state. There areestablished growers and retail markets have been usurped by

  3. Customer Response to RTP in Competitive Markets: A Study of Niagara Mohawk's Standard Offer Tariff

    E-Print Network [OSTI]

    Boisvert, Richard N.; Cappers, Peter; Goldman, Charles; Neenan, Bernie; Hopper, Nicole

    2006-01-01

    for large end users in retail markets with customer choicecompetitive and regulated retail markets. To address thesenewly established retail market. Option Two was comprised of

  4. The Speed of Gasoline Price Response in Markets With and Without Edgeworth Cycles

    E-Print Network [OSTI]

    Lewis, Matt; Noel, Michael

    2009-01-01

    An Examination of the Retail Gasoline Market,” July 2005.the Toronto Retail Gasoline Market,” Journal of IndustrialPower? Evidence from the Retail Gasoline Market,” Journal of

  5. 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

  6. 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

  7. 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.

  8. 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).

  9. 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 ...

  10. 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...

  11. 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. ...

  12. 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...

  13. 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

  14. Retail Demand Response in Southwest Power Pool | Department of...

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

    for integrating legacy retail DR programs and dynamic pricing tariffs into wholesale markets in the SPP region. Retail Demand Response in Southwest Power Pool More Documents &...

  15. The great ``retail wheeling`` illusion, and more productive energy futures

    SciTech Connect (OSTI)

    Cavanagh, R.

    1994-12-31

    This paper sets out the reasons why many environmental and public interest organizations oppose retail wheeling. Cavanagh argues that retail wheeling would destroy incentives for energy efficiency improvements and renewable energy generation--benefits that reduce long-term energy service costs to society as a whole. The current debate over the competitive restructuring of the electric power industry is critical from both economic and environmental perspectives. All attempts to introduce broad-scale retail wheeling in the United States have failed; instead, state regulators are choosing a path that emphasizes competition and choice, but acknowledges fundamental differences between wholesale and retail markets. Given the physical laws governing the movement of power over centrally controlled grids, the choice offered to customers through retail wheeling of electricity is a fiction -- a re-allocation of costs is all that is really possible. Everyone wants to be able to claim the cheapest electricity on the system; unfortunately, there is not enough to go around. By endorsing the fiction of retail wheeling for certain types of customers, regulators would be recasting the retail electricity business as a kind of commodity exchange. That would reward suppliers who could minimize near-term unit costs of electricity while simultaneously destroying incentives for many investments, including cost-effective energy efficiency improvements and renewable energy generation, that reduce long-term energy service costs to society as a whole. This result, which has been analogized unpersuasively to trends in telecommunications and natural gas regulation, is neither desirable nor inevitable. States should go on saying no to retail wheeling in order to be able to create something better: regulatory reforms that align utility and societal interests in pursuing a least-cost energy future. An appendix contains notes on some recent Retail Wheeling Campaigns.

  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. 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

  18. 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

  19. Rethinking Real Time Electricity Pricing

    E-Print Network [OSTI]

    Allcott, Hunt

    Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. This paper evaluates the .rst program to expose residential consumers to hourly ...

  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. 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

  5. Power marketing and renewable energy

    SciTech Connect (OSTI)

    Fang, J.M.

    1997-09-01

    Power marketing refers to wholesale and retail transactions of electric power made by companies other than public power entities and the regulated utilities that own the generation and distribution lines. The growth in power marketing has been a major development in the electric power industry during the last few years, and power marketers are expected to realize even more market opportunities as electric industry deregulation proceeds from wholesale competition to retail competition. This Topical Issues Brief examines the nature of the power marketing business and its relationship with renewable power. The information presented is based on interviews conducted with nine power marketing companies, which accounted for almost 54% of total power sales by power marketers in 1995. These interviews provided information on various viewpoints of power marketers, their experience with renewables, and their respective outlooks for including renewables in their resource portfolios. Some basic differences exist between wholesale and retail competition that should be recognized when discussing power marketing and renewable power. At the wholesale level, the majority of power marketers stress the commodity nature of electricity. The primary criteria for developing resource portfolios are the same as those of their wholesale customers: the cost and reliability of power supplies. At the retail level, electricity may be viewed as a product that includes value-added characteristics or services determined by customer preferences.

  6. An Analysis of the Retail and Lifecycle Cost of Battery-Powered Electric Vehicles

    E-Print Network [OSTI]

    Delucchi, Mark; Lipman, Timothy

    2001-01-01

    1997. Electric and hybrid electric vehicles: a technology1998. An assessment of electric vehicle life cycle costs tothe bene®ts of electric vehicles. Union of Concerned

  7. The Impact of Retail Rate Structures on the Economics of Commercial Photovoltaic Systems in California

    E-Print Network [OSTI]

    Wiser, Ryan; Mills, Andrew; Barbose, Galen; Golove, William

    2007-01-01

    competitive with retail electricity rates. In this report,the design of retail electricity rates, particularly forand industrial electricity rates currently offered by the

  8. 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.

  9. 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.

  10. 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)

  11. 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.

  12. 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

  13. 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

  14. 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

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

    SciTech Connect (OSTI)

    Goldman, C.; Hopper, N.; Sezgen, O.; Moezzi, M.; Bharvirkar, R.; Neenan, B.; Boisvert, R.; Cappers, P.; Pratt, D.

    2004-07-01

    There is growing interest in policies, programs and tariffs that encourage customer loads to provide demand response (DR) to help discipline wholesale electricity markets. Proposals at the retail level range from eliminating fixed rate tariffs as the default service for some or all customer groups to reinstituting utility-sponsored load management programs with market-based inducements to curtail. Alternative rate designs include time-of-use (TOU), day-ahead real-time pricing (RTP), critical peak pricing, and even pricing usage at real-time market balancing prices. Some Independent System Operators (ISOs) have implemented their own DR programs whereby load curtailment capabilities are treated as a system resource and are paid an equivalent value. The resulting load reductions from these tariffs and programs provide a variety of benefits, including limiting the ability of suppliers to increase spot and long-term market-clearing prices above competitive levels (Neenan et al., 2002; Boren stein, 2002; Ruff, 2002). Unfortunately, there is little information in the public domain to characterize and quantify how customers actually respond to these alternative dynamic pricing schemes. A few empirical studies of large customer RTP response have shown modest results for most customers, with a few very price-responsive customers providing most of the aggregate response (Herriges et al., 1993; Schwarz et al., 2002). However, these studies examined response to voluntary, two-part RTP programs implemented by utilities in states without retail competition.1 Furthermore, the researchers had limited information on customer characteristics so they were unable to identify the drivers to price response. In the absence of a compelling characterization of why customers join RTP programs and how they respond to prices, many initiatives to modernize retail electricity rates seem to be stymied.

  16. 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.

  17. FESAC White Paper Path to Market for Compact Systems July 2012 The Path to Market for Compact Modular Fusion Power Cores1

    E-Print Network [OSTI]

    Modular Fusion Power Cores1 S. Woodruff, R. L. Miller To take any new energy technology to market, we have: Market, Path, and Compact Fusion Systems. US Electricity Market "Electricity demand (including retail. Mattor, D. L. Stoulil, R. Miller, T. Marston. Woodruff Path to market for compact modular fusion power

  18. 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

  19. 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

  20. 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

  1. 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

  2. The difficult transition to competitive electricity markets in the U.S.

    E-Print Network [OSTI]

    Joskow, Paul L.

    2003-01-01

    This paper provides a comprehensive discussion of the causes and consequences of state and federal initiatives to introduce wholesale and retail competition into the U.S. electricity sector between 1995 and the present. ...

  3. 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

  4. 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.

  5. The Speed of Gasoline Price Response in Markets With and Without Edgeworth Cycles

    E-Print Network [OSTI]

    Lewis, Matt; Noel, Michael

    2009-01-01

    Retail Gasoline Price Dynamics and Local Market Power,”of Local Market Power? Evidence from the Retail Gasoline

  6. 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.

  7. 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.

  8. 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 ...

  9. 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 ...

  10. 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 ...

  11. 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 ...

  12. Teaching Direct Marketign and Small Farm Viability, 2nd Edition. Unit 2 - Overview of Produce Marketing

    E-Print Network [OSTI]

    2015-01-01

    wholesale or direct-to-retail markets. See more at Unit 7.0,Direct to Retail & Restaurants, Farmers’ Markets, andmarket channels include: produce wholesalers, retail grocery

  13. Markets for power in the United States : an interim assessment

    E-Print Network [OSTI]

    Joskow, Paul L.

    2005-01-01

    The transition to competitive wholesale and retail markets for electricity in the U.S. has been a difficult and contentious process. This paper examines the progress that has been made in the evolution of wholesale and ...

  14. CSEM WP 119 California's Electricity Crisis

    E-Print Network [OSTI]

    California at Berkeley. University of

    ;2 that included a freeze on retail rates, and the venality of electricity producers. As I describe in this paperCSEM WP 119 California's Electricity Crisis: A Market Apart? James Bushnell November 2003.ucei.org #12;California's Electricity Crisis: A Market Apart? November 2003 James Bushnell1 Abstract

  15. 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)

  16. 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

  17. 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

  18. 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

  19. 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)

  20. 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

  1. 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...

  2. 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

  3. 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 ...

  4. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    Power Marketing, Ltd.","Investor-owned",2477991,0,0,2477991,0 " ","Total Sales, Top Five Providers",,29807991,12924437,11690927,5187747,4880 " ","Percent of Total State...

  5. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    Business Marketing, LLC","Investor-owned",9815861,0,4790140,5025721,0 " ","Total sales, top five providers",,80143496,28818662,34120087,14101388,3103359 " ","Percent of total...

  6. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    Business Marketing, LLC","Investor-owned",314026,0,94208,219818,0 " ","Total sales, top five providers",,6860176,3048123,2746421,1065632,0 " ","Percent of total state...

  7. Communicating pork value to the retailer 

    E-Print Network [OSTI]

    Lorenzen, Carol Lee

    1993-01-01

    the computer program generated from this data will aid the retailer in making marketing and purchasing decisions that have been time consuming in the past....

  8. 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

  9. "Catching the second wave" of the Plug in Electric Vehicle

    E-Print Network [OSTI]

    California at Davis, University of

    , utility side support · Retail system: dealer profit and support for customers · Used PEV market"Catching the second wave" of the Plug in Electric Vehicle Market PEV market update from ITS PHEV on gasoline, diesel, natural gas, biofuels and other liquid or gaseous fuels. · HEV = Hybrid electric vehicles

  10. 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.

  11. The Potential Impact of Increased Renewable Energy Penetrations on Electricity Bill Savings from Residential Photovoltaic Systems

    E-Print Network [OSTI]

    Barbose, Galen

    2013-01-01

    1) Borenstein, S. , Electricity Rate Structures and thes underlying retail electricity rate through net metering.turn impact retail electricity rates, particularly as retail

  12. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    sectors","Residential","Commercial","Industrial","Transportation" 1,"Green Mountain Power Corp","Investor-owned",4295605,1556518,1560705,1178382,0 2,"Vermont Electric...

  13. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    Carolina" "megawatthours" ,"Entity","Type of provider","All sectors","Residential","Commercial","Industrial","Transportation" 1,"South Carolina Electric&Gas Company","Investor-owne...

  14. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    Gas & Electric Co","Investor-owned",3318069,819012,2248828,250229,0 " ","Total Sales, Top Five Providers",,54871207,17074227,20258674,17538306,0 " ","Percent of Total State...

  15. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    5,"UNS Electric, Inc","Investor-owned",1699307,843617,609437,246253,0 " ","Total sales, top five providers",,67996498,30598915,26380482,11017101,0 " ","Percent of total state...

  16. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    Electric Assn Inc","Cooperative",481573,179868,180983,120722,0 " ","Total sales, top five providers",,4668523,1593424,2066745,1008354,0 " ","Percent of total state...

  17. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    County Electric Coop, Inc","Cooperative",802924,83420,400831,318673,0 " ","Total sales, top five providers",,17659537,5444921,7581145,4633471,0 " ","Percent of total state...

  18. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    Oklahoma" "megawatthours" ,"Entity","Type of provider","All sectors","Residential","Commercial","Industrial","Transportation" 1,"Oklahoma Gas & Electric Co","Investor-owned",242030...

  19. Using regulatory benchmarking techniques to set company performance targets: the case of US electricity

    E-Print Network [OSTI]

    Nillesen, Paul; Pollitt, Michael G.

    accounting for 67 percent of the market measured in number of customers (this is equivalent to 94mln. customers). Retail electricity sales totalled almost $270 billion in 2004, whereas total operating revenues of the IOUs were approximately $387 billion... In the sector known as FERC Form-1 files. 13 retailing costs of the distribution company. 10 The key data we data we use is not directly collected by FERC, as most companies are integrated utilities producing, transmitting and retailing electricity. We have...

  20. Teaching Direct Marketing and Small Farm Viability: Resources for Instructors, 2nd Edition. Unit 6 - Building Resilience: Small Farm Planning and Operations

    E-Print Network [OSTI]

    2015-01-01

    for: • Specific market channels (wholesale, retail, etc. ) •a farmer’s market, a CSA, direct to retail, direct to a

  1. Nonlinear Pricing in Energy and Environmental Markets

    E-Print Network [OSTI]

    Ito, Koichiro

    2011-01-01

    consist of five-tier electricity rates; the marginal pricespikes in retail electricity rates, financial losses tospikes in retail electricity rates, and financial losses to

  2. 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

  3. Chain-store Pricing and the Structure of Retail Matthew Olczak

    E-Print Network [OSTI]

    Feigon, Brooke

    Chain-store Pricing and the Structure of Retail Markets by Matthew Olczak ESRC Centre-stores are becoming an increasingly significant form of retailing across UK high-streets. Many markets are now. In the UK retail sector multiple retailers increased their market share from around 23% in 1950 to 65

  4. ISSN 1745-9648 Non-discrimination clauses in the retail

    E-Print Network [OSTI]

    Feigon, Brooke

    of the retail market. November 2010 JEL Classification: L11, L13, L41 Keywords: Non-discrimination clauses, retail energy markets. Acknowledgements: We gratefully acknowledge the financial support of the UK, and welcome the regulator's latest review of the retail market. Keywords: Non-discrimination clauses, retail

  5. 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

  6. 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...

  7. 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).

  8. 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

  9. Electricity Monthly Update

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

    End Use: December 2014 Retail ratesprices and consumption In this section, we look at what electricity costs and how much is purchased. Charges for retail electric service are...

  10. Retail Power Marketer

    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 Natural GasNaturalOctoberheating13, 2014propanepropane2,

  11. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    Electric Power Co","Investor-owned",6528219,3041190,2467326,1019703,0 5,"Total sales, top five providers","Investor-owned",5107746,1869807,2745351,481245,11343 " ","Percent of...

  12. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    District Electric Co","Investor-owned",4085362,1727403,1523139,834820,0 5,"Total sales, top five providers","Public",3003065,1025880,1557790,419395,0 " ","Percent of total state...

  13. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    Electric Utilities Corp","Investor-owned",9154327,7469000,1587178,98149,0 5,"PPL EnergyPlus LLC","Investor-owned",9048664,1235909,3987959,3824796,0 " ","Total sales, top five...

  14. Table 3. Top five retailers of electricity, with end use sectors...

    U.S. Energy Information Administration (EIA) Indexed Site

    Energy LLC - (MT)","Investor-Owned",5964495,2409714,3095129,459652,0 2,"PPL EnergyPlus LLC","Investor-Owned",2219237,0,125451,2093786,0 3,"Flathead Electric Coop...

  15. 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

  16. 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...

  17. 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

  18. A Certificate-Based Approach to Marketing Green Power and

    E-Print Network [OSTI]

    A Certificate-Based Approach to Marketing Green Power and Constructing New Wind Energy Facilities-Based Approach to Marketing Green Power and Constructing New Wind Energy Facilities Eric Blank Community: The availability of wind energy certificates in Pennsylvania's retail electricity market has made a critical

  19. 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...

  20. 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.

  1. 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.

  2. 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.

  3. 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

  4. Policy Issues for Retail Beamed Power Transmission

    E-Print Network [OSTI]

    electric power on Earth is transmitted using wired power transmission systems. In this system, electricalPolicy Issues for Retail Beamed Power Transmission Girish Chowdhary, Rajeev Gadre, Narayanan solar electric power using retail delivery of beamed power. Recent advances in power beaming have made

  5. 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

  6. 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 ...

  7. Electricity Merger Policy in the Shadow of Regulation

    E-Print Network [OSTI]

    Gilbert, Richard J; Newberry, David M

    2006-01-01

    power, and instead has concentrated on introducing wholesale and often retail marketsin the retail market. When global power generation orders

  8. Teaching Direct Marketing and Small Farm Viability: Resources for Instructors, 2nd Edition. Unit 5 - Marketing Basics

    E-Print Network [OSTI]

    2015-01-01

    www1.extension.umn.edu/community/retail/e-market- ing/docs/sales (e.g. , retail grocery, restaurants, farmers’ markets,at farmers markets, through local retail stores, local

  9. Monitoring and Characterization of Miscellaneous Electrical Loads in a Large Retail Environment

    SciTech Connect (OSTI)

    Gentile-Polese, L.; Frank, S.; Sheppy, M.; Lobato, C.; Rader, E.; Smith, J.; Long, N.

    2014-02-01

    Buildings account for 40% of primary energy consumption in the United States (residential 22%; commercial 18%). Most (70% residential and 79% commercial) is used as electricity. Thus, almost 30% of U.S. primary energy is used to provide electricity to buildings. Plug loads play an increasingly critical role in reducing energy use in new buildings (because of their increased efficiency requirements), and in existing buildings (as a significant energy savings opportunity). If all installed commercial building miscellaneous electrical loads (CMELs) were replaced with energy-efficient equipment, a potential annual energy saving of 175 TWh, or 35% of the 504 TWh annual energy use devoted to MELs, could be achieved. This energy saving is equivalent to the annual energy production of 14 average-sized nuclear power plants. To meet DOE's long-term goals of reducing commercial building energy use and carbon emissions, the energy efficiency community must better understand the components and drivers of CMEL energy use, and develop effective reduction strategies. These goals can be facilitated through improved data collection and monitoring methodologies, and evaluation of CMELs energy-saving techniques.

  10. 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

  11. 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

  12. 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

  13. 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

  14. "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

  15. 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

  16. 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

  17. "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

  18. 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

  19. 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

  20. 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.

  1. IEEE JOURNAL ON SELECTED AREAS IN COMMUNICATIONS, VOL. 18, NO. 12, DECEMBER 2000 2499 Pricing, Provisioning and Peering: Dynamic Markets

    E-Print Network [OSTI]

    Columbia University

    , and end-buyers, respectively, in a two-tier wholeseller/retailer market, which is best interpreted@invisiblehand.net). R. R.-F. Liao, A. T. Campbell, and A. A. Lazar are with the Department of Electrical Engineering

  2. Retail Policies and Competition in the Gasoline Industry

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, Jim

    2005-01-01

    Total Volume Table 4 - Gasoline Price Components Year RetailEvidence from Retail Gasoline Markets." Journal of Law,and Competition in the Gasoline Industry I. II. III. IV. V.

  3. Efficient access pricing and endogenous market structure

    E-Print Network [OSTI]

    Nesterov, Yurii

    in the (downstream) retail market. Unlike the traditional approach, we consider a scenario where the decision (electricity), pipelines (gas), tracks and stations (rail transportation) and local delivery network (postal of these industries, for examples for long distance calls, electricity generation, gas extraction, rail and freight

  4. Open Transmission and Spot Markets for Power: Models of Power and Transmission Pricing on the Western Network

    E-Print Network [OSTI]

    White, Douglas R.

    of an efficient and stable wholesale power market. If the retail market were to achieve a comparable efficiencyMBS 97-07 Open Transmission and Spot Markets for Power: Models of Power and Transmission Pricing markets for electric power by requiring utilities to open their transmission systems to wholesale power

  5. 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

  6. 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

  7. 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

  8. Diagnosing the California Electricity "Crisis": Lessons for Latin America

    E-Print Network [OSTI]

    Rudnick, Hugh

    in wholesale market exacerbated problems, but was not cause of "crisis" ­ Retail market with active demand1 Diagnosing the California Electricity "Crisis": Lessons for Latin America Frank A. Wolak and after reform · Diagnosing California electricity "crisis" ­ April 1998 to April 2000--Competition works

  9. 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...

  10. 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."

  11. POWER '99 Conference 1 Stochastic Models of Electricity Spot Price

    E-Print Network [OSTI]

    California at Berkeley. University of

    risks in wholesale and retail markets. · Asset valuation, project selection and financing. ­ Divestiture markets. POWER '99 Conference 4 Application (1): Derivative Pricing Examples: Call Option & Spark Spread electricity spot price spot price Power Marketer Transmission cost? COB: PCOB max( , )S K ST PV loss T COB

  12. Teaching Direct Marketing and Small Farm Viability: Resources for Instructors, 2nd Edition. Part 4 - Other Direct and Intermediate Marketing Options

    E-Print Network [OSTI]

    2015-01-01

    farmers’ markets, roadside stands, restaurants, and retail •the wholesale market and reselling it at a retail mark-up. •and market managers should work to ensure that everyone receives close to retail

  13. 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

  14. 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

  15. 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

  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. Marketing Strategies in a Downturn Economy 

    E-Print Network [OSTI]

    Williams, M.

    1987-01-01

    IN A DOWNTURN ECONOMY MALCOLM WILLIAMS Manager Business Development Gulf States Utilities Beaumont, ABSTRACT The economic activity in an area may affect electric utility sales more than other retailers. Statistics show that the KWH consumption... market. This paper deals with some of these new concepts being used by utilities in a downturn economy. INTRODUCTION Sales programs and marketing strategies to sell electric energy are in many ways similar to selling other types of consumer goods...

  18. 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

  19. 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

  20. 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

  1. 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

  2. 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

  3. 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

  4. 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

  5. "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

  6. 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

  7. 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

  8. Vertical Relationships and Competition in Retail Gasoline Markets: An Empirical Evidence from Contract Changes in Southern California

    E-Print Network [OSTI]

    Hastings, Justine

    2000-01-01

    the market of company-op gasoline stations. The legislationThrifty gasoline stations by Atlantic Richfield Company (price of gasoline is directly set (at company-op stations)

  9. 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 ...

  10. Northern Colorado Retail Study: A shift-share analysis 2000 to 2010

    E-Print Network [OSTI]

    of NoCo's retail markets for the region's stakeholders. The current economic recession has significantly's (NoCo) retail market from a regional perspective by applying industry standard `shift-share' analysis to discover if NoCo's evolving retail markets are a zero-sum game as cities compete for sales tax dollars

  11. Pricing of American retail options Christina Burton, McKay Heasley, Jeffrey Humpherys, Jialin Li

    E-Print Network [OSTI]

    Humpherys, Jeffrey

    and controlling inventories in a retail market. We propose a new class of American put option contracts. However, to improve market efficiency this option contract allows the retailer to freely adjust the sale]. In the retail markets, merchants hold inventories of goods and services much like investors hold portfolios

  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. RECONCILIATION OF RETAILER CLAIMS, 2002

    E-Print Network [OSTI]

    electricity generators who report meter data to a system operator to also report generation, fuel type requires retail providers of electricity to disclose fuel source information to consumers about, and fuel type consumed (as a percentage of generation) data to the system operator on a quarterly basis

  15. RECONCILIATION OF RETAILER CLAIMS, COMMISSIONREPORT

    E-Print Network [OSTI]

    ." All retail providers of electricity must disclose fuel source information to consumers about's default product. #12;- 2 - The law also requires all electricity generators who report meter data to a system operator to also report generation (in kWh), generator technology, and fuel type consumed (as

  16. 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,.

  17. 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-

  18. 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

  19. 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

  20. 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

  1. Gasoline Price Differences: Taxes, Pollution Regulations, Mergers, Market Power, and Market Conditions

    E-Print Network [OSTI]

    Chouinard, Hayley; Perloff, Jeffrey M.

    2002-01-01

    1 2. A Reduced-Form Gasoline PriceThe Case of Retail Gasoline Markets,” The Journal of Law andof Organizational Form in Gasoline Retailing and the Costs

  2. 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 ...

  3. 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...

  4. 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...

  5. 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

  6. 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

  7. The Speed of Gasoline Price Response in Markets With and Without Edgeworth Cycles

    E-Print Network [OSTI]

    Lewis, Matt; Noel, Michael

    2009-01-01

    An Examination of the Retail Gasoline Market,” July 2005.OH. , “Temporary Wholesale Gasoline Price Spikes have Long-from the Toronto Retail Gasoline Market,” Journal of

  8. 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.

  9. 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

  10. 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

  11. MARKETING AND POLICY BRIEFING PAPER

    E-Print Network [OSTI]

    Radeloff, Volker C.

    recently been focused on retail fluid milk prices, especially in Northeastern markets. Based on alleged. Market power may be exercised in both milk processing and retailing. Some fluid milk processors are able margins on their milk sales. In other markets, retailers compete vigorously with each other, keeping

  12. Electric power annual 1993

    SciTech Connect (OSTI)

    Not Available

    1994-12-08

    This report presents a summary of electric power industry statistics at national, regional, and state levels: generating capability and additions, net generation, fossil-fuel statistics, retail sales and revenue, finanical statistics, environmental statistics, power transactions, demand side management, nonutility power producers. Purpose is to provide industry decisionmakers, government policymakers, analysts, and the public with historical data that may be used in understanding US electricity markets.

  13. 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...

  14. 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

  15. 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

  16. 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

  17. 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

  18. 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

  19. CALiPER Special Summary Report: Retail Replacement Lamp Testing

    SciTech Connect (OSTI)

    2011-04-01

    CALiPER testing has evaluated many products for commercial lighting markets and found some excellent performers. However, many of these are not available on the retail market. This special testing was undertaken to identify and test solid-state lighting (SSL) replacement lamp products that are available to the general public through retail stores and websites.

  20. The Impact of Retail Rate Structures on the Economics of Commercial Photovoltaic Systems in California

    Broader source: Energy.gov [DOE]

    To achieve a sizable and self-sustaining market for grid-connected, customer-sited photovoltaic (PV) systems, solar will likely need to be competitive with retail electricity rates. In this report, we examine the impact of retail rate design on the economic value of commercial PV systems in California. Using 15-minute interval building load and PV production data from 24 actual commercial PV installations, we compare the value of the bill savings across 20 commercial customer retail rates currently offered in the state. We find that the specifics of the rate structure, combined with the characteristics of the customer’s underlying load and the size of the PV system, can have a substantial impact on the customer-economics of commercial PV systems.

  1. CALiPER Retail Lamps Study 3

    SciTech Connect (OSTI)

    Royer, Michael P.; Beeson, Tracy A.

    2014-02-01

    The CALiPER program first began investigating LED lamps sold at retail stores in 2010, purchasing 33 products from eight retailers and covering six product categories. The findings revealed a fragmented marketplace, with large disparities in performance of different products, accuracy of manufacturer claims, and offerings from different retail outlets. Although there were some good products, looking back many would not be considered viable competitors to other available options, with too little lumen output, not high enough efficacy, or poor color quality. CALiPER took another look in late 2011purchasing 38 products of five different types from nine retailers and the improvement was marked. Performance was up; retailer claims were more accurate; and the price per lumen and price per unit efficacy were down, although the price per product had not changed much. Nonetheless, there was still plenty of room for improvement, with the performance of LED lamps not yet reaching that of well-established classes of conventional lamps (e.g., 75 W incandescent A19 lamps). Since the second retail lamp study was published in early 2012, there has been substantial progress in all aspects of LED lamps available from retailers. To document this progress, CALiPER again purchased a sample of lamps from retail stores 46 products in total, focusing on A19, PAR30, and MR16 lamps but instead of a random sample, sought to select products to answer specific hypotheses about performance. These hypotheses focused on expanding ranges of LED equivalency, the accuracy of lifetime claims, efficacy and price trends, as well as changes to product designs. Among other results, key findings include: There are now very good LED options to compete with 60 W, 75 W, and 100 W incandescent A19 lamps, and 75 W halogen PAR30 lamps. MR16 lamps have shown less progress, but there are now acceptable alternatives to 35 W, 12 V halogen MR16 lamps and 50 W, 120 V halogen MR16 lamps for some applications. Other uses, such as in enclosed luminaires, may require more development. At the same price point, lamps purchased in 2013 tended to have higher output and slightly higher efficacy than in 2011 or 2010. Over 30% of the products purchased in 2013 exceeded the maximum efficacy measured in 2011 (71 lm/W), with the most efficacious product measured at 105 lm/W. There appears to be increasing consistency in color quality, with a vast majority of products having a CCT of 2700 K or 3000 K and a CRI between 80 and 85. There were also fewer poor performing products tested and more high-performing products available in 2013 than in previous years. The accuracy of equivalency and performance claims was better than in 2011, but remains a concern, with 43% of tested products failing to completely meet their equivalency claim and 20% of products failing to match the manufacturer’s performance data. Although progress has been substantial, on average LED lamps remain more expensive than other energy efficiency lighting technologies -- although some aspects can be superior. Although not universal to all product lines or all product types, the issue of insufficient lumen output from LED lamps is waning. Thus, manufacturers can focus on other issues, such as reducing cost, improving electrical/dimmer compatibility, eliminating flicker, or improving color quality. While these issues are not inherent to all products, they remain a concern for the broader market.

  2. Integrated Retail and Wholesale Power System Operation with Smart-Grid Functionality

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    of retail and wholesale power markets operating over transmission and distribution networks with smart is the integrated study of retail and wholesale power markets operating over transmis- sion and distribution grids1 Integrated Retail and Wholesale Power System Operation with Smart-Grid Functionality Dionysios

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

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

    SciTech Connect (OSTI)

    Heffner, Grayson C.

    2002-09-01

    The restructuring of regional and national electricity markets in the U.S. and around the world has been accompanied by numerous problems, including generation capacity shortages, transmission congestion, wholesale price volatility, and reduced system reliability. These problems have created new opportunities for technologies and business approaches that allow load serving entities and other aggregators to control and manage the load patterns of wholesale and retail end-users they serve. Demand Response Programs, once called Load Management, have re-emerged as an important element in the fine-tuning of newly restructured electricity markets. During the summers of 1999 and 2001 they played a vital role in stabilizing wholesale markets and providing a hedge against generation shortfalls throughout the U.S.A. Demand Response Programs include ''traditional'' capacity reservation and interruptible/curtailable rates programs as well as voluntary demand bidding programs offered by either Load Serving Entities (LSEs) or regional Independent System Operators (ISOs). The Lawrence Berkeley National Lab (LBNL) has been monitoring the development of new types of Demand Response Programs both in the U.S. and around the world. This paper provides a survey and overview of the technologies and program designs that make up these emerging and important new programs.

  11. 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

  12. EMBRACE ELECTRIC COMPETITION OR IT'S DJ VU ALL OVER AGAIN

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    active in the competitive wholesale and retail markets. NorthBridge has a national practice and longEMBRACE ELECTRIC COMPETITION OR IT'S DÉJÀ VU ALL OVER AGAIN By Frank Huntowski, Neil Fisher consulting firm serving the electric and natural gas industries, including regulated utilities and companies

  13. 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 ...

  14. 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

  15. CALiPER Retail Lamps Study 3

    SciTech Connect (OSTI)

    none,

    2014-02-01

    This is a special CALiPER report on LED lamps available through the retail marketplace and targeted toward general consumers. It follows similar reports published in 2011 and 2012 (products purchased in 2010 and 2011), and is intended as a continuation that identifies long-term trends. For this report, products were selected to investigate specific hypotheses, rather than represent a sample of the increasingly large retail LED market.

  16. 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

  17. 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 ...

  18. 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 ...

  19. 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 ...

  20. 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

  1. 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...

  2. 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...

  3. 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...

  4. 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

  5. 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...

  6. LED Market Intelligence Report

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

    around dimming capabilities. 16 LED Market Intelligence Report Home Depot Walmart Cree Philips TCP GE LSG Osram Feit Costco Lowe's Retail, Regulations, and LEDs Like...

  7. 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

  8. 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...

  9. Assessment of reforms in the electricity supply industry: A review of some recent empirical studies

    SciTech Connect (OSTI)

    Peerbocus, Nash

    2007-03-15

    An empirical review suggests that progress has been made in bringing competition into the inherently complex and challenging electricity market, generating substantial efficiency gains. But the large disconnect between the wholesale and retail markets indicates that much effort is needed to allow consumers to optimally reap those gains. (author)

  10. 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.

  11. 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

  12. 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...

  13. 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

  14. 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

  15. 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

  16. 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...

  17. 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...

  18. 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

  19. 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.

  20. 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.

  1. 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

  2. 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

  3. 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...

  4. An Agent-Based Test Bed for the Integrated Study of Retail and Wholesale Power System Operations

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    study of retail and wholesale power markets operating over transmission and distribution networks ABM test-bed experiments. 2. PROJECT DESCRIPTION Retail and wholesale power market operationsAn Agent-Based Test Bed for the Integrated Study of Retail and Wholesale Power System Operations D

  5. Green Power Marketing in the United States: A Status Report, Sixth Edition

    SciTech Connect (OSTI)

    Bird, L.; Swezey, B.

    2003-10-01

    Voluntary consumer decisions to purchase electricity supplied from renewable energy sources represent a powerful market support mechanism for renewable energy development. Beginning in the early 1990s, a small number of U.S. utilities began offering''green power'' options to their customers. Since then, these products have become more prevalent both from utilities and in states that have introduced competition into their retail electricity markets. Today, nearly 50% of all U.S. consumers have an option to purchase some type of green power product from a retail electricity provider. Currently, more than 350 investor-owned utilities, rural electric cooperatives, and other publicly owned utilities in 33 states offer green power programs. This report provides an overview of green power marketing activity in the United States. It describes green power product offerings, consumer response, and recent industry trends. The three distinct markets for green power are discussed in turn.

  6. CANNED FISH RETAIL PRICES

    E-Print Network [OSTI]

    CANNED FISH RETAIL PRICES DECEMBER 1958 UNITED STATES DEPARTMENT OF THE INTERIOR FISH AND WILDLIFE, Commissioner CANNED FISH RETAIL PRICES DECEMBER 1958 Prepared in the Bureau of Commercial Fisheries Branch canned fish items. The retail prices as contained herein for s veral types of canned tuna, canned salmon

  7. CANNED FISH RETAIL PRICES

    E-Print Network [OSTI]

    CANNED FISH RETAIL PRICES NOVEMBER 1958 UNITED STATES DEPARTMENT OF THE INTERIOR FISH AND WILDLIFE retail prices for selected canned fish items. The retail prices as contained herein for several types. Department of Labor in order to provide information on price levels in different cities. This issue contains

  8. CANNED FISH RETAIL PRICES

    E-Print Network [OSTI]

    CANNED FISH RETAIL PRICES JUNE ll959 UNITED STATES DEPARTMENT OF THE INTERIOR FISH AND WILDUFE, Commissioner CANNED FISH RETAIL PRICES JUNE 1959 Prepared in the Bureau of Commercial Fisheries Branch Fisheries has contracted with the Bureau of Labo r Statistics to obtain average retail prices for selected

  9. CANNED FISH RETAIL .PRICES,

    E-Print Network [OSTI]

    CANNED FISH RETAIL .PRICES, OC1rOIBrE~ UNITED STATES DEPARTMENT OF THE INT...n.~""n FISH retail prices for selected canned fish items. The retail prices as contained herein for several types. Department of Labor in order to provide information on price levels in different cities. This issue contains

  10. CANNED FISH RETAIL PRICES

    E-Print Network [OSTI]

    CANNED FISH RETAIL PRICES JA.NUARY 11959 UNITED STATES DEPARTMENT OF THE INTERIOR FISH AND WILDLIFE, Commissioner CANNED FISH RETAIL PRICES JANUARY 195 9 Prepared in the Bureau of Commercial Fisheries Branch Fisheries has contracted with the Bureau of Labor Statistics to obtain average retail prices for se lected

  11. CANNED FISH RETAIL PRICES

    E-Print Network [OSTI]

    CANNED FISH RETAIL PRICES MARCH 1959 UNITED STATES DEPARTMENT OF THE INTERIOR FISH AND WILDLIFE, Commissioner CANNED FISH RETAIL PRICES MARCH 1959 Prepared in the Bureau of Commercial Fisheries Branch canned fish items. The retail prices as contain d h rein for s veral types of canned tuna, canned salmon

  12. 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

  13. 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...

  14. Retail wheeling: Is this revolution necessary?

    SciTech Connect (OSTI)

    Cudahy, R.D.

    1994-12-31

    As of a former state regulator and a once enthusiastic practitioner of public utility law, I find it fascinating to see the latest nostrum to burst on the electric utility scene: retail wheeling. Wheeling became a personal interest in the Texas interconnection fight of the late seventies and may have led to the interconnection and wheeling provision of the Public Utilities Regulatory Policies Act (PURPA). Retail wheeling contemplates that every electric power customer should be given an opportunity to seek out the lowest cost source of power wherever it can be found. As a practical matter, the drums for retail wheeling are presently being beaten by large industrial users, who believe that they have the capability to find low cost sources and to make advantageous commercial arrangements to acquire electricity. Large industrials have long been fighting the utilities for cheaper electricity, frequently using the threat of self-generation and cogeneration.

  15. Pricing Electricity for Default Customers: Pass Through or Performance-Based Rates?

    E-Print Network [OSTI]

    California at Berkeley. University of

    becomes profitable, UDCs might use their distribution assets to stifle competition in the retail marketPWP-066 Pricing Electricity for Default Customers: Pass Through or Performance-Based Rates? Carl;1 Pricing Electricity for Default Customers: Pass Through or Performance-Based Rates? Carl Blumstein1 August

  16. HE ELECTRIC POWER INDUSTRY in the United States is facing a disquieting shortage

    E-Print Network [OSTI]

    , wholesale and retail electricity marketing, reactive power management, and other ancillary support systemsT HE ELECTRIC POWER INDUSTRY in the United States is facing a disquieting shortage of trained engineering personnel. For decades, things have gone downhill. The salaries paid to power engineers have been

  17. Response to Electricity Review Report Draft 18 February 2015 Larry Hughes, PhD

    E-Print Network [OSTI]

    Hughes, Larry

    to the retail market. One of the first outcomes of the public consultations was the Electricity Review Report and organizations have successfully pressured both the provincial government and Nova Scotia Power to address some thermal-coal based electricity supplier, Nova Scotia Power, although still heavily reliant on coal

  18. 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...

  19. "The Implementation Challenge of Pricing Decision Support Systems for Retail Managers" Suzanne N. Valentine

    E-Print Network [OSTI]

    Faloutsos, Christos

    the retail and consumer goods manufacturer markets finally seem ready for Pricing Decision Support SystemsComment on "The Implementation Challenge of Pricing Decision Support Systems for Retail Managers based on discussions with retailers is that the vendor offerings do differ substantially, both in terms

  20. Value-based Customer Grouping from Large Retail Data-sets Alexander Strehl and Joydeep Ghosh

    E-Print Network [OSTI]

    Strehl, Alexander

    on a real retail industry data-set of several thousand customers and products, to demonstrate the power of the proposed technique. Keywords: Data mining, clustering, graph partitioning, retail marketing 1. INTRODUCTIONValue-based Customer Grouping from Large Retail Data-sets Alexander Strehl and Joydeep Ghosh

  1. "IdentifyingTwoPartTariffContractswithBuyerPower: EmpiricalEstimationonFoodRetailing"

    E-Print Network [OSTI]

    for the ...nal price setting by retailers, for competition and market power analysis. The nature of contracts TSE575 "IdentifyingTwoPartTariffContractswithBuyerPower: EmpiricalEstimationonFoodRetailing price maintenance and allow retailers to have a buyer power determined by the horizontal competition

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    Integrated Retail/Wholesale Power System Operation with SmartSystem Operation with Smart--Grid Functionality

  3. 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

  4. 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.

  5. 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

  6. 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

  7. 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 ...

  8. 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...

  9. Dr. StrangeBox or : how I learned to stop worrying and love urban big box retail

    E-Print Network [OSTI]

    Press, Jared Harding

    2013-01-01

    Over the past decade, Big Box retailers have been trying to tap into urban markets after years of explicitly avoiding them in favor of suburban environments. In the past few years, retailers have begun experimenting with ...

  10. 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 ...

  11. The Influence of Product Markets on Industrial Relations

    E-Print Network [OSTI]

    Brown, William

    domination by merchant retailers who fixed prices by reference to the cheapest labour market from which they could obtain substitute goods, wherever that might be. The employment standards of the local labour market become threatened by those... (Turner, 1962: 377). Even today some continue to exercise discipline over their members, such as the association that organises electrical contractors for the construction industry, where licensing and safety issues are dominant. Because labour can...

  12. Lessons from a Comparative Analysis of California and PJM Electricity

    E-Print Network [OSTI]

    Delaware, University of

    Market ..........................................7 2.3.1 The California Power Exchange (CALPX Performance...................................................11 2.4.2 Retail Market Performance of Retail Competition...............................................18 3.2.7 Market Manipulation

  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)