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Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


1

Diagnosing Market Power in California's Deregulated Wholesale Electricity Market  

E-Print Network [OSTI]

in dereg- ulated wholesale electricity markets," RANDin California's Deregulated Wholesale Electricity MarketEffective competition in wholesale electricity markets is

Borenstein, Severin; Bushnell, James; Wolak, Frank

1999-01-01T23:59:59.000Z

2

Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market  

E-Print Network [OSTI]

Behavior In Califor- nia's Wholesale Electricity Marketin deregu- lated wholesale electricity markets," RANDin California’s Restructured Wholesale Electricity Market

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

2002-01-01T23:59:59.000Z

3

Understanding Competitive Pricing and Market Power in Wholesale Electricity Markets  

E-Print Network [OSTI]

and Market Power in Wholesale Electricity Markets SeverinM a r k e t Power i n Wholesale Electricity Markets Severinthe competitiveness of the wholesale electricity market i n

Borenstein, Severin

1999-01-01T23:59:59.000Z

4

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

E-Print Network [OSTI]

in California’s Restructured Wholesale Electricity Market,”Remedies for California Wholesale Electric Markets (IssuedUnilateral Market Power in Wholesale Electricity Markets:

Wolak, Frank

2003-01-01T23:59:59.000Z

5

Predicting market power in wholesale electricity markets  

E-Print Network [OSTI]

Predicting market power in wholesale electricity markets#3; David M Newbery Faculty of Economics, University of Cambridge August 26, 2008 Abstract The traditional measure of market power is the HHI, which gives implausible results given the low... elasticity of demand in electricity spot markets, unless it is adapted to take account of contracting. In its place the Residual Supply Index has been proposed as a more suitable index to measure potential market power in electricity markets, notably...

Newbery, David

6

Price Responsive Demand in New York Wholesale Electricity Market using OpenADR  

E-Print Network [OSTI]

3. Price Variations of Wholesale Electricity Markets for NYC4. Price Variations of Wholesale Electricity Markets for NYCDemand in New York Wholesale Electricity Market using

Kim, Joyce Jihyun

2013-01-01T23:59:59.000Z

7

Financial Bilateral Contract Negotiation in Wholesale Electricity Markets  

E-Print Network [OSTI]

1 Financial Bilateral Contract Negotiation in Wholesale Electricity Markets Using Nash Bargaining and a load-serving entity in a wholesale electric power market with congestion managed by locational marginal and price biases. Index Terms--Wholesale electricity market, financial bilateral contract, negotiation

Tesfatsion, Leigh

8

A Study of Central Auction Based Wholesale Electricity Markets  

E-Print Network [OSTI]

A Study of Central Auction Based Wholesale Electricity Markets S. Ceppi and N. Gatti Dipartimento is the automation of such markets. In particular, we focus our attention on wholesale elec- tricity markets based works presented in the literature model wholesale markets as oligopolies, neglecting thus the specific

Gatti, Nicola

9

REVIEW OF MAE RULES FOR THE BRAZILIAN WHOLESALE ELECTRICITY MARKET  

E-Print Network [OSTI]

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 and calculation of capacity payments to generators, which are augmented on a prorata basis to the wholesale

Oren, Shmuel S.

10

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

E-Print Network [OSTI]

Response to Day-ahead Wholesale Market Electricity Prices:Response to Day-ahead Wholesale Market Electricity Prices:Mitigating Price Spikes in Wholesale Markets through Market-

2004-01-01T23:59:59.000Z

11

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

E-Print Network [OSTI]

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

Bushnell, Jim B

2007-01-01T23:59:59.000Z

12

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

E-Print Network [OSTI]

AB 32 and its Impact on Wholesale Electricity Markets JamesAB 32 and its Impact on Wholesale Electricity Markets Jamesand performance of the wholesale electricity market. One key

Bushnell, Jim B

2007-01-01T23:59:59.000Z

13

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 their obligation through combinations of long-term contracts, wholesale purchases and self

14

A Quantitative Analysis of Pricing Behavior In California's Wholesale Electricity Market During Summer 2000  

E-Print Network [OSTI]

A Quantitative Analysis of Pricing Behavior In California's Wholesale Electricity Market During Summer 2000...

Joskow, Paul; Kahn, Edward

2004-06-16T23:59:59.000Z

15

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

E-Print Network [OSTI]

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 ...

Sweeting, Andrew

2004-01-01T23:59:59.000Z

16

Market Power in the England and Wales Wholesale Electricity Market 1995-2000  

E-Print Network [OSTI]

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 consistent with static, non...

Sweeting, Andrew

2006-03-14T23:59:59.000Z

17

Measuring efficiency in wholesale electricity markets  

SciTech Connect (OSTI)

The mechanisms of the bid-based economic dispatch and market power mitigation algorithms which result in the market clearing price epitomize the complexity of the new regulatory regime. The augmented Lerner Index presented here offers a method to objectively assess the efficiency of the new structure. (author)

Bowden, Nicholas S.

2009-06-15T23:59:59.000Z

18

The robustness of agent-based models of electricity wholesale markets  

E-Print Network [OSTI]

The robustness of agent-based models of electricity wholesale markets David Newberry May 2012 CWPE 1228 & EPRG 1213 The robustness of agent-based model of electricity wholesale markets... David Newberry May 2012 CWPE 1228 & EPRG 1213 www.eprg.group.cam.ac.uk E P R G W O R K IN G P A P E R Abstract The robustness of agent-based models of electricity wholesale markets EPRG Working Paper 1213 Cambridge...

Newberry, David

2012-05-28T23:59:59.000Z

19

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

E-Print Network [OSTI]

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

Oren, Shmuel S.

20

Using Laboratory Experiments to Design Efficient Market Institutions The case of wholesale electricity markets  

E-Print Network [OSTI]

1 Using Laboratory Experiments to Design Efficient Market Institutions The case of wholesale is dedicated to wholesale markets, and reviews the results accumulated to date concerning both the general

Paris-Sud XI, Université de

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


21

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

E-Print Network [OSTI]

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 ...

Sweeting, Andrew

2000-01-01T23:59:59.000Z

22

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

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

REPORT TO CONGRESS ON COMPETITION IN WHOLESALE AND RETAIL MARKETS FOR ELECTRIC ENERGY REPORT TO CONGRESS ON COMPETITION IN WHOLESALE AND RETAIL MARKETS FOR ELECTRIC ENERGY The...

23

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

SciTech Connect (OSTI)

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.

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

1999-12-01T23:59:59.000Z

24

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

E-Print Network [OSTI]

I assume that private firms in the MH electricity market actand private firms will play important roles in the electricityand private firms operate in the sector at the same time) on wholesale electricity

Phadke, Amol

2007-01-01T23:59:59.000Z

25

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

E-Print Network [OSTI]

analysis indicates that wholesale competition could be oneCSEM WP 152 Feasibility of Wholesale Electricity CompetitionFeasibility of Wholesale Electricity Competition in a

Phadke, Amol

2007-01-01T23:59:59.000Z

26

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

SciTech Connect (OSTI)

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.

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

2014-09-01T23:59:59.000Z

27

CSEM WP 114 Measuring Unilateral Market Power in Wholesale  

E-Print Network [OSTI]

CSEM WP 114 Measuring Unilateral Market Power in Wholesale Electricity Markets: The California, Suite 5 Berkeley, California 94720-5180 www.ucei.org #12;Measuring Unilateral Market Power in Wholesale electricity suppliers in the California had to exercise market power in the state's wholesale market during

California at Berkeley. University of

28

Assessing the Impact of Economically Dispatchable Wind Resources on the New England Wholesale Electricity Market.  

E-Print Network [OSTI]

??Among renewable energy resources, wind power is poised to contribute most significantly to meeting future wholesale electricity demand. However, the intermittent nature of wind power… (more)

Goggins, Andrew

2013-01-01T23:59:59.000Z

29

State Electricity Regulatory Policy and Distributed Resources: Accommodating Distributed Resources in Wholesale Markets  

SciTech Connect (OSTI)

Distributed resources can provide cost-effective reliability and energy services - in many cases, obviating the need for more expensive investments in wires and central station electricity generating facilities. Given the unique features of distributed resources, the challenge facing policymakers today is how to restructure wholesale markets for electricity and related services so as to reveal the full value that distributed resources can provide to the electric power system (utility grid). This report looks at the functions that distributed resources can perform and examines the barriers to them. It then identifies a series of policy and operational approaches to promoting DR in wholesale markets. This report is one in the State Electricity Regulatory Policy and Distributed Resources series developed under contract to NREL (see Annual Technical Status Report of the Regulatory Assistance Project: September 2000-September 2001, NREL/SR-560-32733). Other titles in this series are: (1) Distributed Resource Distribution Credit Pilot Programs - Revealing the Value to Consumers and Vendors, NREL/SR-560-32499; (2) Distributed Resources and Electric System Reliability, NREL/SR-560-32498; (3) Distribution System Cost Methodologies for Distributed Generation, NREL/SR-560-32500; (4) Distribution System Cost Methodologies for Distributed Generation Appendices, NREL/SR-560-32501

Weston, F.; Harrington, C.; Moskovitz, D.; Shirley, W.; Cowart, R.; Sedano, R.

2002-10-01T23:59:59.000Z

30

Wholesale Electricity Price Forecast This appendix describes the wholesale electricity price forecast of the Fifth Northwest Power  

E-Print Network [OSTI]

Wholesale Electricity Price Forecast This appendix describes the wholesale electricity price as traded on the wholesale, short-term (spot) market at the Mid-Columbia trading hub. This price represents noted. BASE CASE FORECAST The base case wholesale electricity price forecast uses the Council's medium

31

Dynamic Testing of Wholesale Power Market Designs  

E-Print Network [OSTI]

Dynamic Testing of Wholesale Power Market Designs: An Open-Source Agent-Based Framework1 Junjie Sun ­ the Wholesale Power Market Platform (WPMP) ­ for common adoption by all U.S. wholesale power markets. Versions development and open-source implementation (in Java) of a computational wholesale power market organized

Tesfatsion, Leigh

32

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

E-Print Network [OSTI]

the second half of the wholesale electric market equation.response with Midwest ISO wholesale markets, report no.DR Programs in Wholesale Markets 18

Cappers, Peter

2009-01-01T23:59:59.000Z

33

Wholesale marginal prices in competitive generation markets  

SciTech Connect (OSTI)

Wholesale marginal electricity prices are being used in several actual competitive generation markets worldwide, both to remunerate generators and to charge consumption. These prices must account not only for energy, but also for guarantee of supply in the long and the short term. This paper: (a) provides a sound conceptual and quantitative foundation for wholesale pricing based on generation services, where any existing restrictions in operation or planning in real power markets are accounted for, (b) clearly establishes the relationship between short term marginal costs, long term marginal costs and optimal wholesale electricity prices, and (c) identifies the reasons for mismatches in cost recovery with marginal generation prices. The theoretical results are verified with a detailed realistic power system model.

Perez-Arriaga, I.J. [National Electric Regulatory Commission, Madrid (Spain)] [National Electric Regulatory Commission, Madrid (Spain); Meseguer, C. [Univ. Pontificia Comillas, Madrid (Spain). Inst. de Investigacion Tecnologica] [Univ. Pontificia Comillas, Madrid (Spain). Inst. de Investigacion Tecnologica

1997-05-01T23:59:59.000Z

34

Price Responsive Demand in New York Wholesale Electricity Market using OpenADR  

E-Print Network [OSTI]

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

Kim, Joyce Jihyun

2013-01-01T23:59:59.000Z

35

On the stability of wholesale electricity markets under real-time pricing  

E-Print Network [OSTI]

The paper proposes a mathematical model for the dynamic evolution of supply, demand, and clearing prices under a class of real-time pricing mechanisms characterized by passing on the real-time wholesale prices to the end ...

Roozbehani, Mardavij

36

Pricing trends in the US market for wholesale power  

SciTech Connect (OSTI)

Electricity markets in the United States have undergone an interesting transformation over the last several years. With the Energy Policy Act of 1992, Congress set the stage for competition in the wholesale market for electricity. No longer could one utility hold another utility hostage by denying it transmission access. Through increased choices of suppliers, purchasers of wholesale power have, in many cases, been able to lower their power costs by purchasing power on the open market, rather than purchasing power solely from an adjacent utility. Burns & McDonnell has worked with many wholesale power purchasers over recent years to evaluate the available options for lowering their power costs. In many of these evaluations, bid solicitations were conducted to identify specific wholesale power purchase options. Through these projects, Burns & McDonnell has been able to collect a substantial amount of data on the offered prices for wholesale power over the last several years. The purpose of this paper is to compare the purchase power data collected by Burns & McDonnell over the last several years in evaluating resource options for electric utilities. Reviews of this data suggest a declining pricing trend that reflects increasing levels of competition in the wholesale power market. The paper also illustrates the difficulty in constructing new generation that can produce electricity at a cost below that of the wholesale power market. Finally, the paper addresses the difference between average cost and marginal cost pricing as it relates to the cost of producing wholesale power for sale. The paper discusses the idea that some participants in the wholesale power market may actually be offering power for prices that are lower than their cost of producing electricity. The advantages and disadvantages of this pricing approach are examined.

Geschwind, D.P.; Flucke, J.M. [Burns & McDonnell, Kansas City, MO (United States)

1996-12-31T23:59:59.000Z

37

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

SciTech Connect (OSTI)

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.

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

2004-07-01T23:59:59.000Z

38

Contrasts in restructuring wholesale electric markets: England/Wales, California, and the PJM  

SciTech Connect (OSTI)

The ways in which the British, the Californians, and the members of the Pennsylvania-Jersey-Maryland Pool (PJM) are restructuring their electric industries and designing markets provide fascinating political and technical contrasts with each other, particularly insofar as all three markets are roughly the same size, with energy sales of about 250--300 terawatt hours (TWh) annually. There have been significant differences in the drivers of change, objectives, and leadership, the legacies of the past, and the process of design, which are discussed in the first three sections. The fourth section describes the market designs in England and Wales, California, and the PJM, while the concluding section draws out the lessons of experience. While these lessons include specific principles regarding the objectives and structure of power exchanges, the maintenance of system stability and power transport, and the achieving of generation reliability, they also include several overarching conclusions. Perhaps chief among them, as will be clear from the discussion of the restructuring experience on both sides of the Atlantic, is that major restructurings can only be led by a public authority and will be successful in implementation only if that authority has a clear and realistic vision of where it wants to go.

Henney, A.

1998-08-01T23:59:59.000Z

39

Auction Basics for Wholesale Power Markets: Objectives and Pricing Rules  

E-Print Network [OSTI]

1 Auction Basics for Wholesale Power Markets: Objectives and Pricing Rules Leigh Tesfatsion, Member to U.S. restructured wholesale power markets, i.e., centrally-administered wholesale power markets and illustrated. Complicating factors specific to wholesale power markets are clarified, and recent advances

Tesfatsion, Leigh

40

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

E-Print Network [OSTI]

trade for California’s electricity sector. The paper surveyson two key sectors, the electricity sector and automotivefrom elsewhere. In the electricity sector, this is a net

Bushnell, Jim B

2007-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


41

Texas Wholesale Market for Christmas Trees.  

E-Print Network [OSTI]

Wholesale Market for 7 :. @EXAS A&M UNIVERSITY . TEXAS AGRICULTURAL EXPERIMENT STATION R. E. Patterson, Director, College Station, Texas trees might capture as much as one-half of the more than 2 million Texas evergreen tree market. Wl... metropolitan areas and to Fort Wortl~. The study was performed at the request of the Texas Forest Service to provide information about the feasiblity and direction of Cl~ristmas tree man- agement research. Fi~zdings A market exists in the wholesale trade...

Sorensen, H. B. (Harold B.); Smith, W. A.

1964-01-01T23:59:59.000Z

42

An Equilibrium Model of Investment in Restructured Electricity Markets  

E-Print Network [OSTI]

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

Bushnell, Jim B; Ishii, Jun

2007-01-01T23:59:59.000Z

43

Derivation of Locational Marginal Prices for Restructured Wholesale Power Markets  

E-Print Network [OSTI]

Derivation of Locational Marginal Prices for Restructured Wholesale Power Markets Haifeng Liu restructured wholesale power markets, the detailed derivation of LMPs as actually used in industry practice Operator (MISO). Keywords: Locational marginal pricing, wholesale power market, AC optimal power flow, DC

Tesfatsion, Leigh

44

The efficiency of wholesale vs. retail competition in electricity  

SciTech Connect (OSTI)

If markets are sufficiently competitive, the retail model of restructuring is likely to produce a greater array of products and services and lower electricity prices, but the wholesale model may yield lower transaction costs and better encourage transmission investment. Which model is best? The answer is not known yet. A central issue in the debate over restructuring the electric power industry is the extent to which the market should be opened to competition. One aspect of this debate is whether competition ought to be restricted to the wholesale power market or extended all the way to retail customers. Some state regulators have recommended retail competition, while others, including the U.S. Department of Energy, prefer to limit competition to the wholesale level, at least until experience warrants taking the additional step. The purpose of this paper is to describe some of the potential differences in economic efficiency that could arise between the wholesale and retail competition models. The comparison is limited to the qualitative properties of two hypothetical market structures that are intended to reflect the essential differences between wholesale and retail competition. The authors are not concerned with problems of getting from today`s market structure to either end state.

Bohi, D.R.; Palmer, K. [Resources for the Future, Washington, DC (United States)] [Resources for the Future, Washington, DC (United States)

1996-10-01T23:59:59.000Z

45

Supreme court agrees: FERC must regulate wholesale markets  

SciTech Connect (OSTI)

The author believes that wholesale markets in the United States would have a greater likelihood of ultimately benefiting consumers if the Federal Energy Regulatory Commission did not have the mandate under the Federal Power Act (FPA) to ensure that wholesale prices are ''just and reasonable.'' However, he continues to believe that the FERC cannot avoid having an ex post criteria for asssessing whether market prices are just and reasonable. Moreover, changes in the design and regulatory oversight of U.S. wholesale electricity markets in recent years, including the recent Supreme Court decision, have caused him to believe even more strongly in the guardrails-for-market-outcomes approach. Finally, several questions are addressed which relate to the pricing of fixed-price, long-term contracts and the impact of these obligations on the behavior of suppliers in short-term wholesale markets that are directly relevant to answering the two major questions that the Supreme Court remanded to FERC in its recent decision.

Wolak, Frank A. (Holbrook Working Professor of Commodity Price Studies, Department of Economics, Stanford University)

2008-08-15T23:59:59.000Z

46

Retailer-Wholesaler Response to State-Sponsored Marketing  

E-Print Network [OSTI]

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 is expressed to each and every participant of the retailer and wholesaler focus group meeting and mail survey

Neimark, Alexander V.

47

Scenario Generation for Price Forecasting in Restructured Wholesale Power Markets  

E-Print Network [OSTI]

1 Scenario Generation for Price Forecasting in Restructured Wholesale Power Markets Qun Zhou--In current restructured wholesale power markets, the short length of time series for prices makes are fitted between D&O and wholesale power prices in order to obtain price scenarios for a specified time

Tesfatsion, Leigh

48

Reliability and competitive electricity markets  

E-Print Network [OSTI]

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 ...

Joskow, Paul L.

2004-01-01T23:59:59.000Z

49

The potential impacts of a competitive wholesale market in the midwest: A preliminary examination of centralized dispatch  

E-Print Network [OSTI]

Impacts of a Competitive Wholesale Market in the Midwest: AImpacts of a Competitive Wholesale Market in the Midwest: AImpacts of a Competitive Wholesale Market in the Midwest: A

Lesieutre, Bernard C.; Bartholomew, Emily; Eto, Joseph H.; Hale, Douglas; Luong, Thanh

2004-01-01T23:59:59.000Z

50

A Threshold Autoregressive Model for Wholesale Electricity Prices  

E-Print Network [OSTI]

A Threshold Autoregressive Model for Wholesale Electricity Prices B. Ricky Rambharat Carnegie of wholesale electricity soared to an unprecedented $7,500 per megawatt-hour (MwH) (see FERC, 1998). Models

51

Retrospective modeling of the merit-order effect on wholesale electricity prices from distributed photovoltaic generation in the  

E-Print Network [OSTI]

Retrospective modeling of the merit-order effect on wholesale electricity prices from distributed, the depression in wholesale prices has significant value. c 5 GW of solar generation would have saved $1.8 billion in the market over two years. c The depression of wholesale prices offsets the cost of support

Sandiford, Mike

52

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

E-Print Network [OSTI]

Hedging Quantity Risks with Standard Power Options in a Competitive Wholesale Electricity Market, GA, 30332-0205 USA March 3, 2005 Abstract This paper addresses quantity risk in the electricity of a load serving entity, which provides electricity service at a regulated price in electricity markets

53

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

E-Print Network [OSTI]

model to project hourly wholesale electricity market pricesSecond, based on the wholesale electricity market pricesthe temporal trends in wholesale market electricity prices.

Barbose, Galen

2013-01-01T23:59:59.000Z

54

Eric S. Schubert is a Senior Market Economist at the Wholesale Market Oversight of the Public  

E-Print Network [OSTI]

Eric S. Schubert is a Senior Market Economist at the Wholesale Market Oversight of the Public Utility Commission of Texas in Austin with expertise on wholesale market design and resource adequacy from the University of Illinois at Urbana-Champaign. David Hurlbut is Senior Economist at the Wholesale

Oren, Shmuel S.

55

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

E-Print Network [OSTI]

Mar 26, 2015 ... starting with a discussion of basic electricity market processes and ending ... Most participants in wholesale electricity markets desire the “right ...

Dane Schiro

2015-03-26T23:59:59.000Z

56

Electricity markets in the western United States  

SciTech Connect (OSTI)

This article introduces the use of rigorous econometric tools to understand the geographic scope of the market for generation services. These tools are applied to data from the current wholesale electricity market in the western United States. The behavior of the current wholesale electricity market and the methods used to assess the expanse of the geographic market in the current wholesale electricity market can go a long way toward informing the discussion of pricing behavior and performance in a restructured electricity industry. First, the current wholesale electricity market is already effectively unregulated and suffers from the same technical complexities that face a retail electricity market. Consequently, understanding the supply and demand conditions that cause the extent of the geographic market for generation services to narrow in the current wholesale electricity market can shed light on which times the geographic expanse of the market may narrow in a restructures electricity market. Second, the techniques developed in this paper to assess the extent of the current wholesale electricity market can be applied readily to a restructured electricity market. Finally, because market conditions in the electricity industry are likely to change significantly in the next few years, as the structure of the electricity sector changes dramatically, this analysis of the geographic expanse of the market can provide a useful benchmark against which to compare post-restructuring wholesale price relationships.

Bailey, E.M.

1998-07-01T23:59:59.000Z

57

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

E-Print Network [OSTI]

B. (2001). “The California Electricity Crisis: Lessons forMagic or Mayhem? ” The Electricity Journal Vol 17, No 7,a Deregulated California Electricity Industry. ” Journal of

Phadke, Amol

2007-01-01T23:59:59.000Z

58

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

E-Print Network [OSTI]

2003). ! 6 th Electric Power Survey. New Delhi: Centralin its 16 th Electric Power Survey of India, estimates that

Phadke, Amol

2007-01-01T23:59:59.000Z

59

An Agent-Based Computational Laboratory for Wholesale Power Market Design  

E-Print Network [OSTI]

1 An Agent-Based Computational Laboratory for Wholesale Power Market Design Junjie Sun and Leigh (in Java) of an agent-based compu- tational wholesale power market organized in accordance with core the Wholesale Power Market Platform (WPMP) as a template for all U.S. wholesale power markets (FERC [1

Tesfatsion, Leigh

60

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

E-Print Network [OSTI]

Reform in the U.S. Electricity Sector. ” Journal of EconomicCrises in the Electricity Sector: The Case of Maharashtra.of the MH state electricity sector that create unique

Phadke, Amol

2007-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


61

Marketing Practices and Costs of Texas Egg Producer-Wholesalers.  

E-Print Network [OSTI]

the ungraded, loose desirable in order to take advantage of both labor wholesale alternative and the gra(lPr,, specialization in egg processing and market out- lets which require large volumes. Producers cartoned retailer-consumer alternative. Groupretail A, B and C's presence in the market may be outlets at wholesale prices and/or directly to explained in part by their accepting low returnc for their labor and investment and/or the receipt consumers at prices...

Shafer, Carl E.

1964-01-01T23:59:59.000Z

62

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

E-Print Network [OSTI]

of Residential Response in Time of Use Pricing Experiments”An Application to Time-of-Use Electricity Pricing” The RandAcross Time-of-Use Electricity Pricing Experiments”

2004-01-01T23:59:59.000Z

63

Electricity Monthly Update  

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

Wholesale Markets: October 2014 The United States has many regional wholesale electricity markets. Below we look at monthly and annual ranges of on-peak, daily wholesale...

64

Electricity Monthly Update  

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

Wholesale Markets: September 2014 The United States has many regional wholesale electricity markets. Below we look at monthly and annual ranges of on-peak, daily wholesale...

65

Efficiency Impact of Convergence Bidding on the California Electricity Market  

E-Print Network [OSTI]

or producing energy. In this paper, we analyze market data in the CAISO electric power markets, and empirically- erator (ISO) was formed to administer regional wholesale electricity markets, and ensure reliability for grid operations. Several regional wholesale electricity markets were established under the management

Oren, Shmuel S.

66

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

E-Print Network [OSTI]

of the wholesale electricity industry including · the structure of wholesale energy markets; · transmission a robust wholesale market via the so-called standard design (SMD) proposed rule making. The SMD was a bold on the Wholesale Power Market Platform (WPM). While many of the underlying SMD aspects were kept, the overall

67

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

E-Print Network [OSTI]

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 ...

Glachant, Jean-Michel

2007-01-01T23:59:59.000Z

68

Fulton Fish Market: Wholesale Prices for Clams 2003 Aquaculture Survey 1  

E-Print Network [OSTI]

Fulton Fish Market: Wholesale Prices for Clams 2003 Aquaculture Survey 1 Fulton Fish Market Prices or by accessing www.nass.usda.gov/fl. The wholesale selling prices listed by the New York Fulton Fish Market are for a 400-count bag. The average wholesale price for a Florida clam has dropped from 22.8 to 15.7 cents

Florida, University of

69

Financial Risk Management in Restructured Wholesale Power Markets: Concepts and Tools  

E-Print Network [OSTI]

1 Financial Risk Management in Restructured Wholesale Power Markets: Concepts and Tools Nanpeng Yu by explaining and illustrating basic financial risk management concepts relevant for wholesale power markets--Financial Risk Management, Restructured Wholesale Power Markets, Agent-Based Test Bed I. INTRODUCTION

Tesfatsion, Leigh

70

The AMES Wholesale Power Market Test Bed as a Stochastic Dynamic State-Space Game  

E-Print Network [OSTI]

The AMES Wholesale Power Market Test Bed as a Stochastic Dynamic State-Space Game Leigh Tesfatsion.econ.iastate.edu/tesfatsi/ tesfatsi@iastate.edu Last Revised: August 5, 2008 Abstract: The AMES Wholesale Power Market Test Bed wholesale power markets. These notes show how AMES can be recast in more standard state-space equation form

Tesfatsion, Leigh

71

The Potential Impacts of a Competitive Wholesale Market in the Midwest: A Preliminary Examination of  

E-Print Network [OSTI]

LBNL-56503 The Potential Impacts of a Competitive Wholesale Market in the Midwest: A Preliminary-56503 The Potential Impacts of a Competitive Wholesale Market in the Midwest: A Preliminary Examination Wholesale Market in the Midwest: A Preliminary Examination of Centralized Dispatch ii Acknowledgements

72

Capacity Withholding in Restructured Wholesale Power Markets: An Agent-Based Test Bed Study  

E-Print Network [OSTI]

1 Capacity Withholding in Restructured Wholesale Power Markets: An Agent-Based Test Bed Study test case imple- mented via the AMES Wholesale Power Market Test Bed to investigate strategic capacity withholding by generation compa- nies (GenCos) in restructured wholesale power markets under systematically

Tesfatsion, Leigh

73

An Agent-Based Test Bed Study of Wholesale Power Market Performance Measures  

E-Print Network [OSTI]

1 An Agent-Based Test Bed Study of Wholesale Power Market Performance Measures Abhishek Somani and Leigh Tesfatsion, Member, IEEE Abstract--Wholesale power markets operating over trans- mission grids and operational inefficiency. This study uses a wholesale power market test bed with strategically learning

Tesfatsion, Leigh

74

A Regional Approach to Market Monitoring in the West  

E-Print Network [OSTI]

in California's Wholesale Electricity Industry,” AmericanCommission (CPUC) 2002. Wholesale Generator InvestigationBehavior in California’s Wholesale Electricity Market during

Barmack, Matthew; Kahn, Edward; Tierney, Susan; Goldman, Charles

2006-01-01T23:59:59.000Z

75

Creating the wholesale market for electricity in Japan : what should Japan learn from major markets in the United States and Europe?  

E-Print Network [OSTI]

The movement of deregulation in Japan's electric power industry started in 1995 with the revision of the Electric Utility Industry Law. During these past over five years, levels of various discussions have been made in ...

Hori, Takahide

2001-01-01T23:59:59.000Z

76

Separation and Volatility of Locational Marginal Prices in Restructured Wholesale Power Markets  

E-Print Network [OSTI]

1 Separation and Volatility of Locational Marginal Prices in Restructured Wholesale Power Markets (LMPs) in an ISO-managed restructured wholesale power market operating over an AC transmission grid-determining) generation companies induce correlations among neighboring LMPs. Index Terms--Restructured wholesale power

Tesfatsion, Leigh

77

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

E-Print Network [OSTI]

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 at wholesale conditional on A/C load, and the retail energy prices offered to residential A/C consumers

Tesfatsion, Leigh

78

A Threshold Autoregressive Model for Wholesale Electricity Prices  

E-Print Network [OSTI]

A Threshold Autoregressive Model for Wholesale Electricity Prices B. Ricky Rambharat, Department, 2003 Abstract We introduce a discrete-time model for electricity prices, which accounts for both spikes Introduction The study of electricity price dynamics has attracted significant attention from researchers

79

Market power and electricity market reform in Northeast China  

E-Print Network [OSTI]

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 ...

Zhang, Xiaochun

2008-01-01T23:59:59.000Z

80

Space weather and the electricity market: An initial assessment  

E-Print Network [OSTI]

price (as established in the day ahead market) for wholesale electricity. Several econometric analyses Institute on the hypothesis that the wholesale price of electricity is affected by space weather conditionsSpace weather and the electricity market: An initial assessment Kevin F. Forbes Department

Schrijver, Karel

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


81

Diagnosing Unilateral Market Power in Electricity Reserves Market  

E-Print Network [OSTI]

to diagnose allocative ine ciencies in the state's wholesale reserve markets. Material that has been largely in the state's energy markets (Hildebrandt [2001]; She rin [2001]; Borenstein, Bushnell and Wolak [2002Diagnosing Unilateral Market Power in Electricity Reserves Market Christopher R. Knittel

Rothman, Daniel

82

The AMES Wholesale Power Market Test Bed: A Computational Laboratory for  

E-Print Network [OSTI]

1 The AMES Wholesale Power Market Test Bed: A Computational Laboratory for Research, Teaching, and Training Hongyan Li, Student Member, IEEE, and Leigh Tesfatsion, Member, IEEE Abstract--Wholesale power suitable for the objective study of this restructuring process. This study reports on the AMES Wholesale

Tesfatsion, Leigh

83

Relative efficiency benefits of wholesale and retail competition in electricity: An analysis and a research agenda  

SciTech Connect (OSTI)

A central issue in the debate over restructuring the electric power industry is the extent to which the market should be open to competition. One aspect of this debate is whether competition ought to be restricted to the whole sale power market or be extended to final retail consumers. This report begins to explore the potential differences in economic efficiency between wholesale and retail competition in the electric power industry. The two market-structure scenarios are defined and the factors responsible for differences in efficiency are described. The report also contains an assessment of the relative importance of the factors and recommendations for pursuing further research.

Bohi, D.R.; Palmer, K.L. [Resources for the Future, Inc., Washington, DC (United States)] [Resources for the Future, Inc., Washington, DC (United States)

1996-03-01T23:59:59.000Z

84

Simulation of the Rungis Wholesale Market: lessons on the calibration, validation and usage of a Cognitive Agent-based Simulation  

E-Print Network [OSTI]

Simulation of the Rungis Wholesale Market: lessons on the calibration, validation and usage on a simulation of the Rungis Wholesale Market (in France) using cognitive agents. The implication of using of the system. Our case, the Fruits and Vegetables wholesale market of the Rungis Food Market, constitutes

Paris-Sud XI, Université de

85

Vertical Integration and Market Power in Electricity Markets Seamus Hogan  

E-Print Network [OSTI]

the resulting wholesale market risks, which risks are further exacerbated by competition. Such contracts markets with improved wholesale market risk management, but also reduced wholesale market power. This paper develops shares in wholesale and retail markets. In general, firms whose share of generating capacity is higher

Hickman, Mark

86

Understanding the Benefits of Dispersed Grid-Connected Photovoltaics: From Avoiding the Next Major Outage to Taming Wholesale Power Markets  

SciTech Connect (OSTI)

Thanks to new solar resource assessment techniques using cloud cover data available from geostationary satellites, it is apparent that grid-connected PV installations can serve to enhance electric grid reliability, preventing or hastening recovery from major power outages and serving to mitigate extreme price spikes in wholesale energy markets. (author)

Letendre, Steven E.; Perez, Richard

2006-07-15T23:59:59.000Z

87

The Difficult Transition to Competitive Electricity Markets in the U.S.  

E-Print Network [OSTI]

This paper discusses the causes and consequences of state and federal initiatives to introduce wholesale and retail competition into the U.S. electricity sector from 1995. The development and performance of wholesale market institutions...

Joskow, Paul

2004-06-16T23:59:59.000Z

88

Impact of U.S. Wholesale Demand for Canned Sardines on Market Accessibility of Potential Gulf of Mexico Products  

E-Print Network [OSTI]

Impact of U.S. Wholesale Demand for Canned Sardines on Market Accessibility of Potential Gulf market, three product groups, which comprise the market, are analyzed at the wholesale level to detennine can to a 425 round no. 1 tall can (Lanier, 1981). In this paper we examine the U.S. wholesale demand

89

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

E-Print Network [OSTI]

, 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, Volumetric hedging, I. INTRODUCTION The introduction of competitive wholesale markets in the electricity

Oren, Shmuel S.

90

Reforming TSOs: using the 'third package' Legislation to promote efficiency and accelerate regional integration in EU wholesale power markets  

SciTech Connect (OSTI)

The EU is developing new legislation - the so-called ''Third Package'' - to foster competition in its electric power markets. These proposals could be improved by adding more focus on regional integration of wholesale power markets, allowing more leeway for arrangements that fit the diverse existing patterns of transmission ownership and control, and addressing upfront new regulatory concerns that arise when transmission is divested as an independent, for-profit business. (author)

Moselle, Boaz

2008-10-15T23:59:59.000Z

91

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

E-Print Network [OSTI]

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 ...

Muehlegger, Erich J.

2002-01-01T23:59:59.000Z

92

CSEM WP 129 Reliability and Competitive Electricity Markets*  

E-Print Network [OSTI]

and retail electricity markets. These mechanisms include: wholesale market price caps, capacity obligationsCSEM WP 129 Reliability and Competitive Electricity Markets* 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

California at Berkeley. University of

93

Competitive electricity markets and investment in new generating capacity  

E-Print Network [OSTI]

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 ...

Joskow, Paul L.

2006-01-01T23:59:59.000Z

94

Chapter 4. Participating in Markets for Electrical Energy  

E-Print Network [OSTI]

Chapter 4. Participating in Markets for Electrical Energy 1 #12;Previously: we have discussed on the wholesale market and sell it a fixed price at the retail level. The quantity-weighted average price at which the basic principles of electricity markets. Now: we discuss the decisions that generators, consumers

Ernst, Damien

95

NREL: Transmission Grid Integration - Wholesale Electricity Market  

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:1 First Use of Energy for All Purposes (Fuel and Nonfuel),Feet) Year Jan Feb Mar Apr MayAtmosphericNuclear Security Administration the Contributions andData and ResourcesOtherForecasting NRELResearchWebinarsStudy Phase

96

Two-Settlement Systems for Electricity Markets: Zonal Aggregation Under Network Uncertainty and Market Power  

E-Print Network [OSTI]

, wholesale electricity markets have gone through fundamental changes in the U.S. and around the world.1PWP-091 Two-Settlement Systems for Electricity Markets: Zonal Aggregation Under Network Uncertainty and Market Power Rajnish Kamat and Shmuel S. Oren February, 2002 This paper is part of the working papers

California at Berkeley. University of

97

Managing transmission curtailment risk in wholesale power markets  

SciTech Connect (OSTI)

Risk resulting from transmission loading relief calls made by transmission system operators can be managed with information estimated by a statistical model capable of predicting one day in advance the probability that a particular wholesale power transaction might be curtailed. The model predicts this probability with a reasonable degree of accuracy using information on variables that can be obtained publicly. (author)

Morey, Mathew J.; Kirsch, Laurence D.

2009-11-15T23:59:59.000Z

98

New wholesale power market design using linked forward markets : a study for the DOE energy storage systems program.  

SciTech Connect (OSTI)

This report proposes a reformulation of U.S. ISO/RTO-managed wholesale electric power mar- kets for improved reliability and e ciency of system operations. Current markets do not specify or compensate primary frequency response. They also unnecessarily limit the participation of new technologies in reserve markets and o er insu cient economic inducements for new capacity invest- ment. In the proposed market reformulation, energy products are represented as physically-covered rm contracts and reserve products as physically-covered call option contracts. Trading of these products is supported by a backbone of linked ISO/RTO-managed forward markets with planning horizons ranging from multiple years to minutes ahead. A principal advantage of this reformulation is that reserve needs can be speci ed in detail, and resources can o er the services for which they are best suited, without being forced to conform to rigid reserve product de nitions. This should improve the business case for electric energy storage and other emerging technologies to provide reserve. In addition, the facilitation of price discovery should help to ensure e cient energy/reserve procurement and adequate levels of new capacity investment.

Silva Monroy, Cesar Augusto; Loose, Verne William; Ellison, James F.; Elliott, Ryan Thomas; Byrne, Raymond Harry; Guttromson, Ross; Tesfatsion, Leigh S. [Iowa State University, Ames, IA

2013-04-01T23:59:59.000Z

99

USAEE/IAEE North American Conference, Washington, D.C., July 8-10, 2004 Testing the Reliability of FERC's Wholesale Power Market Platform  

E-Print Network [OSTI]

the Reliability of FERC's Wholesale Power Market Platform: An Agent-Based Computational Economics Approach Deddy@iastate.edu Abstract: In April 2003 the U.S. Federal Energy Regulatory Commission proposed the Wholesale Power Market Platform (WPMP) for common adoption by U.S. wholesale power markets. The WPMP is a complicated market

Tesfatsion, Leigh

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


101

The Supply Function Equilibrium and its Policy Implications for Wholesale Electricity Auctions  

E-Print Network [OSTI]

www.eprg.group.cam.ac.uk E P R G W O R K IN G P A P E R Abstract The supply function equilibrium and its policy implications for wholesale electricity auctions EPRG Working Paper 1007 Cambridge Working Paper in Economics 1016 Pär... Holmberg and David Newbery The supply function equilibrium provides a game-theoretic model of strategic bidding in oligopolistic wholesale electricity auctions. This paper presents an intuitive account of current understanding and shows how welfare...

Holmberg, P; Newbery, David

102

Capacity Markets for Electricity  

E-Print Network [OSTI]

ternative Approaches for Power Capacity Markets”, Papers andprof id=pjoskow. Capacity Markets for Electricity [13]Utility Commission- Capacity Market Questions”, available at

Creti, Anna; Fabra, Natalia

2004-01-01T23:59:59.000Z

103

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

E-Print Network [OSTI]

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...

Glachant, Jean-Michel; Saguan, Marcelo

104

The potential impacts of a competitive wholesale market in the midwest: A preliminary examination of centralized dispatch  

SciTech Connect (OSTI)

In March 2005, the Midwest Independent System Operator (MISO) will begin operating the first-ever wholesale market for electricity in the central and upper Midwestern portion of the United States. Region-wide, centralized, security-constrained, bid-based dispatch will replace the current system of decentralized dispatch by individual utilities and control areas. This report focuses on how the operation of generators may change under centralized dispatch. We analyze a stylized example of these changes by comparing a base case dispatch based on a ''snapshot'' taken from MISO's state estimator for an actual, historical dispatch (4 p.m., July 7, 2003) to a hypothetical, centralized dispatch that seeks to minimize the total system cost of production, using estimated cost data collected by the EIA. Based on these changes in dispatch, we calculate locational marginal prices, which in turn reveals the location of congestion within MISO's footprint, as well as the distribution of congestion revenues. We also consider two sensitivity scenarios that examine (1) the effect of changes in MISO membership (2003 vs. 2004 membership lists), and (2) different load and electrical data, based on a snapshot from a different date and time (1 p.m., Feb. 18, 2004). Although our analysis offers important insights into how the MISO market could operate when it opens, we do not address the question of the total benefits or costs of creating a wholesale market in the Midwest.

Lesieutre, Bernard C.; Bartholomew, Emily; Eto, Joseph H.; Hale, Douglas; Luong, Thanh

2004-07-01T23:59:59.000Z

105

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

E-Print Network [OSTI]

1 The Impact of Carbon Pricing on Wholesale Electricity Prices, Carbon Pass-Through Rates that the introduction of a carbon price signal will have on wholesale electricity prices, carbon-pass-through rates is used to determine optimal dispatch of generation plant and wholesale prices within the ANEM model. We

Tesfatsion, Leigh

106

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

E-Print Network [OSTI]

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 ...

Sweeting, Andrew

2001-01-01T23:59:59.000Z

107

Electricity price forecasting in a grid environment.  

E-Print Network [OSTI]

??Accurate electricity price forecasting is critical to market participants in wholesale electricity markets. Market participants rely on price forecasts to decide their bidding strategies, allocate… (more)

Li, Guang, 1974-

2007-01-01T23:59:59.000Z

108

Modeling of sorption isotherms of dried vegetable wastes from wholesale market  

SciTech Connect (OSTI)

The moisture sorption isotherms of dried vegetable wastes (based on green leaves and fruits) from wholesale market were determined at 25, 40, 60 and 90 C by the static gravimetric method. Experimental data were fit by using several mathematical models. The G.A.B. and the Halsey model gave the minimum mean square error. G.A.B. parameters were related with temperature by Arrhenius expressions.

Lopez, A.; Iguaz, A.; Esnoz, A.; Virseda, P.

2000-05-01T23:59:59.000Z

109

Market power analysis in the EEX electricity market : an agent-based simulation approach.  

SciTech Connect (OSTI)

In this paper, an agent-based modeling and simulation (ABMS) approach is used to model the German wholesale electricity market. The spot market prices in the European Energy Exchange (EEX) are studied as the wholesale market prices. Each participant in the market is modeled as an individual rationality-bounded agent whose objective is to maximize its own profit. By simulating the market clearing process, the interaction among agents is captured. The market clearing price formed by agentspsila production cost bidding is regarded as the reference marginal cost. The gap between the marginal cost and the real market price is measured as an indicator of possible market power exertion. Various bidding strategies such as physical withholding and economic withholding can be simulated to represent strategic bidding behaviors of the market participants. The preliminary simulation results show that some generation companies (GenCos) are in the position of exerting market power by strategic bidding.

Wang, J.; Botterud, A.; Conzelmann, G.; Koritarov, V.; Decision and Information Sciences

2008-01-01T23:59:59.000Z

110

Emission regulations in the electricity market : an analysis from consumers, producers and central planner perspectives  

E-Print Network [OSTI]

In the first part of this thesis, the objective is to identify optimal bidding strategies in the wholesale electricity market. We consider asymmetric producers submitting bids to a system operator. The system operator ...

Figueroa Rodriguez, Cristian Ricardo

2013-01-01T23:59:59.000Z

111

Leigh Tesfatsion Professor of Econ, Math, and Electrical & Computer Engineering  

E-Print Network [OSTI]

2012 AMES Wholesale Power Market Test Bed #12;2 Presentation Outline Wholesale power market design Commission (FERC) proposed a wholesale electric power market design for common adoption throughout U.S. Over), Midwest/Manitoba (MISO), & Southwest (SPP) #12;4 FERC Wholesale Power Market Design Adopters to Date http

Tesfatsion, Leigh

112

Effects of Demand Response on Retail and Wholesale Power Markets  

SciTech Connect (OSTI)

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.

Chassin, David P.; Kalsi, Karanjit

2012-07-26T23:59:59.000Z

113

Are agent-based simulations robust? The wholesale electricity trading case  

E-Print Network [OSTI]

best-response and reinforcement learning but not under fictitious play. The simulations perform well in practice. This paper explores the consistency of some of its standard techniques. We focus in particular on prevailing wholesale electricity trading simulation methods. We include different supply and demand

Tesfatsion, Leigh

114

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

SciTech Connect (OSTI)

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.

Cappers, Peter; Goldman, Charles; Kathan, David

2009-06-01T23:59:59.000Z

115

Reformulating Competition? Gasoline Content Regulation and Wholesale Gasoline Prices  

E-Print Network [OSTI]

Regulation and Arbitrage in Wholesale Gasoline Markets,Content Regulation and Wholesale Gasoline Prices JenniferCONTENT REGULATION AND WHOLESALE GASOLINE PRICES by Jennifer

Brown, Jennifer; Hastings, Justine; Mansur, Erin T.; Villas-Boas, Sofia B

2007-01-01T23:59:59.000Z

116

Customer Risk from Real-Time Retail Electricity Pricing: Bill Volatility and Hedgability  

E-Print Network [OSTI]

Options in a Competitive Wholesale Electricity Market,”cases to cover the full wholesale cost of the power. Fromusing three di?erent wholesale price scenarios. The ?rst is

Borenstein, Severin

2007-01-01T23:59:59.000Z

117

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]

s PV generation in hour h, ? is wholesale price in hourload purchased in the wholesale market in hour h,economic value in wholesale energy markets. Progress in

Darghouth, Naim Richard

2013-01-01T23:59:59.000Z

118

Do Markets Reduce Costs? Assessing the Impact of Regulatory Restructuring on U.S. Electric Generation Efficiency  

E-Print Network [OSTI]

Do Markets Reduce Costs? Assessing the Impact of Regulatory Restructuring on U.S. Electric-of-service regulation to market-oriented environments for many U.S. electric generating plants. Our estimates of input their wholesale electricity markets improved the most. The results suggest modest medium-term efficiency benefits

Kammen, Daniel M.

119

Market Organization and Efficiency in Electricity Markets  

E-Print Network [OSTI]

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

Sadoulet, Elisabeth

120

California's electricity crisis  

E-Print Network [OSTI]

The collapse of California's electricity restructuring and competition program has attracted attention around the world. Prices in California's competitive wholesale electricity market increased by 500% between the second ...

Joskow, Paul L.

2001-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


121

Thin-layer drying behavior of vegetable wastes from wholesale market  

SciTech Connect (OSTI)

The thin-layer drying behavior of vegetable wastes (as a mix of lettuce and cauliflower leaves) from wholesale market for a temperature range of 50--150 C was determined. Drying of this material was found to take part only in the falling-rate period. The experimental data were fitted to the simple exponential model and the Page model. Both models have good prediction capability. Effective diffusion coefficient varied from 6.03 x 10{sup {minus}9} to 3.15 x 10{sup {minus}8} m{sup 2}/s with an activation energy of diffusion of 19.82 kJ/mol. The temperature dependence of the effective diffusion coefficient was expressed by an Arrhenius-type relationship.

Lopez, A.; Iguaz, A.; Esnoz, A.; Virseda, P.

2000-05-01T23:59:59.000Z

122

Demand responsive programs - an emerging resource for competitive electricity markets?  

SciTech Connect (OSTI)

The restructuring of regional electricity markets in the U.S. has been accompanied by numerous problems, including generation capacity shortages, transmission congestion, wholesale price volatility, and reduced system reliability. These problems have created significant new opportunities for technologies and business approaches that allow load serving entities and other aggregators, to control and manage the load patterns of their wholesale or retail end-users. These technologies and business approaches for manipulating end-user load shapes are known as Load Management or, more recently, Demand Responsive programs. Lawrence Berkeley National Laboratory (LBNL) is conducting case studies on innovative demand responsive programs and presents preliminary results for five case studies in this paper. These case studies illustrate the diversity of market participants and range of technologies and business approaches and focus on key program elements such as target markets, market segmentation and participation results; pricing scheme; dispatch and coordination; measurement, verification, and settlement; and operational results where available.

Heffner, Grayson C. Dr.; Goldman, Charles A.

2001-06-25T23:59:59.000Z

123

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

E-Print Network [OSTI]

Supply Chains and Fuel Markets In the U.S., electric power generation accounts for 30% of the natural gas demand (over 50% in the summer), 90% of the coal demand, and over 45% of the residual fuel oil demand, the wholesale electricity price in New England decreased by 38% mainly because the delivered natural gas price

Nagurney, Anna

124

The use - and misuse - of statistics in evaluating the benefits of restructured electricity markets  

SciTech Connect (OSTI)

Statistics have an important role to play in assessing market performance. Too often, though, numbers are used more to make a splash than to enlighten, and upon closer scrutiny, the underlying analyses lack credibility. It is time to move away from a battle of sound bites and toward serious evaluation of how well restructured wholesale electricity markets are working. (author)

Moody, Diane

2007-03-15T23:59:59.000Z

125

2012 National Electricity Forum  

Energy Savers [EERE]

of reliability, resource options, wholesale competition and market power, cost of electricity to consumers, environmental quality, or other? Are these consequences so...

126

CSEM WP 117 Vertical Integration in Restructured Electricity Markets  

E-Print Network [OSTI]

Markets (CSEM) Working Paper Series. CSEM is a program of the University of California Energy Institute wholesale elec- tricity markets in several U.S. states and in other countries. Policy makers believed producers' interest in setting high prices: Producers sell into the wholesale market and also are required

California at Berkeley. University of

127

The geographic expanse of the market for wholesale electricity  

E-Print Network [OSTI]

This paper exploits a large mine-level database to contribute to our understanding of the micro-sources of productivity growth. The database contains observations for labor input and coal output at every mine in the United ...

Bailey, Elizabeth M.

1998-01-01T23:59:59.000Z

128

Electric Wholesale Market Regimes in the United States: Implications for  

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

AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE:1 First Use of Energy for All Purposes (Fuel and Nonfuel),Feet) Year Jan Feb Mar Apr May Jun Jul(Summary) "ofEarly Career Scientists'Montana.Program - LibbyofThisStatement

129

Perturbation Analysis of the Wholesale Energy Market Equilibrium in the Presence of Renewables  

E-Print Network [OSTI]

One of the main challenges in the emerging smart grid is the integration of renewable energy resources (RER). The latter introduces both intermittency and uncertainty into the grid, both of which can affect the underlying energy market. An interesting concept that is being explored for mitigating the integration cost of RERs is Demand Response. Implemented as a time-varying electricity price in real-time, Demand Response has a direct impact on the underlying energy market as well. Beginning with an overall model of the major market participants together with the constraints of transmission and generation, we analyze the energy market in this paper and derive conditions for global maximum using standard KKT criteria. The effect of uncertainties in the RER on the market equilibrium is then quantified, with and without real-time pricing. Perturbation analysis methods are used to compare the equilibria in the nominal and perturbed markets. These markets are also analyzed using a game-theoretic point of view. Suff...

Kiani, Arman

2012-01-01T23:59:59.000Z

130

Markets for power in the United States : an interim assessment  

E-Print Network [OSTI]

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 ...

Joskow, Paul L.

2005-01-01T23:59:59.000Z

131

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

E-Print Network [OSTI]

generation may result in (i) higher energy costs due 1 #12;Tsitsiklis and Xu: Pricing of Fluctuations, and lowering volatility in wholesale prices (US Department of Energy 2006, Spees and Lave 2008, Chao 2010Pricing of Fluctuations in Electricity Markets John N. Tsitsiklis and Yunjian Xu Laboratory

Tsitsiklis, John

132

Abstract--We consider the management of electric vehicle (EV) loads within a market-based Electric Power System  

E-Print Network [OSTI]

battery charging while engaging in energy and reserve capacity transactions in the wholesale power market. Given the important role of the wholesale market in the ESCo costs and revenues, we describe next observing feeder congestion constraints. B. Day-Ahead and Real-Time Wholesale Markets We assume an operative

Caramanis, Michael

133

Energy markets Academic year 2014-2015  

E-Print Network [OSTI]

). Sells electrical energy through competition in wholesale market. Could compete also to sell ancillary in fully deregulated environment). Retailer: buys electrical energy on wholesale markets. ResellsEnergy markets Academic year 2014-2015 Damien Ernst ­ University of Li`ege Email: dernst

Ernst, Damien

134

Leigh Tesfatsion Professor of Econ, Math, and Electrical and Comp. Engineering  

E-Print Network [OSTI]

SystemsThe Complexity of Power Systems #12;4 U.S. Wholesale Electric Power Transmission Grid #12;5 North American RestructuringNorth American Restructuring of Wholesale Power Marketsof Wholesale Power Markets In April 2003 the U.S. Federal Energy Regulatory Commission (FERC) proposed adoption of a wholesale power

Tesfatsion, Leigh

135

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

E-Print Network [OSTI]

in wholesale energy markets. Progress in Photovoltaics:designs (e.g. , an energy market with a price cap, combinedmarket designs feature an energy market with a lower price

Darghouth, Naim

2014-01-01T23:59:59.000Z

136

Computing the Electricity Market Equilibrium: Uses of market equilibrium models  

E-Print Network [OSTI]

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

Baldick, Ross

137

Lessons from a Comparative Analysis of California and PJM Electricity  

E-Print Network [OSTI]

.4 Market Performance Before the State's Crisis:1998-1999......................11 2.4.1 Wholesale Market.1.1 High Wholesale Prices.................................................................15 3..................................................................................16 3.2.1 Mismatch: Wholesale and Retail Electricity Prices.....................17 3.2.2 Lack

Delaware, University of

138

Market Power in Electricity Markets: Beyond Concentration Measures  

E-Print Network [OSTI]

PWP-059r Market Power in Electricity Markets: Beyond Concentration Measures Severin Borenstein.ucei.berkeley.edu/ucei #12;PWP-059r Market Power in Electricity Markets: Beyond Concentration Measures Severin Borenstein, James Bushnell, and Christopher R. Knittel1 February 1999 Abstract The wave of electricity market

California at Berkeley. University of

139

Price discovery in the wholesale markets for maize and beans in Uganda  

E-Print Network [OSTI]

......... 6 2.1 Overview of Uganda and agriculture .................................................6 2.2 Production and marketing of maize and beans...................................8 2.3 Insecurity.......................................................................15 2.4.3 Western markets...................................................................16 2.4.4 Central markets....................................................................17 III THEORY OF PROCEDURES AND APPLICATIONS...

Kuteesa, Annette

2006-08-16T23:59:59.000Z

140

TRANSMISSION EFFECTS IN MARKET POWER ANALYSIS OF ELECTRICITY MARKETS  

E-Print Network [OSTI]

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

Gross, George

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


141

Integrated Retail & Wholesale Power System Operation  

E-Print Network [OSTI]

Integrated Retail & Wholesale Power System Operation with Smart-Grid Functionality PIs: Dionysios Retail/Wholesale Power System Operation with Smart-Grid Functionality Project PIs: Dionysios Aliprantis (open-source release): AMES Wholesale Power Market Testbed (ISU) + GridLAB-D distribution platform (DOE

Tesfatsion, Leigh

142

CSEM WP 126 Market Structure and Competition: A Cross-Market  

E-Print Network [OSTI]

for the Study of Energy Markets (CSEM) Working Paper Series. CSEM is a program of the University of California (electricity) wholesale market designs work reasonably well in the short run when demand is low or moderate. The performance challenges of wholesale market institutions arise during the relatively small number of hours when

California at Berkeley. University of

143

Electricity market players subgroup report  

SciTech Connect (OSTI)

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.

Borison, A.

1990-03-01T23:59:59.000Z

144

Electricity market players subgroup report  

SciTech Connect (OSTI)

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.

Borison, A.

1990-03-01T23:59:59.000Z

145

2007 Wholesale Power Rate Case Final Proposal : Market Price Forecast Study.  

SciTech Connect (OSTI)

This study presents BPA's market price forecasts for the Final Proposal, which are based on AURORA modeling. AURORA calculates the variable cost of the marginal resource in a competitively priced energy market. In competitive market pricing, the marginal cost of production is equivalent to the market-clearing price. Market-clearing prices are important factors for informing BPA's power rates. AURORA was used as the primary tool for (a) estimating the forward price for the IOU REP Settlement benefits calculation for fiscal years (FY) 2008 and 2009, (b) estimating the uncertainty surrounding DSI payments and IOU REP Settlements benefits, (c) informing the secondary revenue forecast and (d) providing a price input used for the risk analysis. For information about the calculation of the secondary revenues, uncertainty regarding the IOU REP Settlement benefits and DSI payment uncertainty, and the risk run, see Risk Analysis Study WP-07-FS-BPA-04.

United States. Bonneville Power Administration.

2006-07-01T23:59:59.000Z

146

2007 Wholesale Power Rate Case Initial Proposal : Market Price Forecast Study.  

SciTech Connect (OSTI)

This chapter presents BPA's market price forecasts, which are based on AURORA modeling. AURORA calculates the variable cost of the marginal resource in a competitively priced energy market. In competitive market pricing, the marginal cost of production is equivalent to the market-clearing price. Market-clearing prices are important factors for informing BPA's rates. AURORA is used as the primary tool for (a) calculation of the demand rate, (b) shaping the PF rate, (c) estimating the forward price for the IOU REP settlement benefits calculation for fiscal years 2008 and 2009, (d) estimating the uncertainty surrounding DSI payments, (e) informing the secondary revenue forecast and (f) providing a price input used for the risk analysis.

United States. Bonneville Power Administration.

2005-11-01T23:59:59.000Z

147

On the Dynamic Stability of Electricity Markets  

E-Print Network [OSTI]

issues affecting market stability. In particular, we establish a control-theoretical frame- work that uses concepts arising in electricity markets, dynamic games, and

2011-02-09T23:59:59.000Z

148

CSEM WP 130 Retail Electricity Competition*  

E-Print Network [OSTI]

is part of the Center for the Study of Energy Markets (CSEM) Working Paper Series. CSEM is a program is that final consumers may not react to the real time prices that emerge in wholesale electricity markets of the wholesale spot market price. Price-insensitive consumers with rea

California at Berkeley. University of

149

Modeling of GE Appliances: Cost Benefit Study of Smart Appliances in Wholesale Energy, Frequency Regulation, and Spinning Reserve Markets  

SciTech Connect (OSTI)

This report is the second in a series of three reports describing the potential of GE’s DR-enabled appliances to provide benefits to the utility grid. The first report described the modeling methodology used to represent the GE appliances in the GridLAB-D simulation environment and the estimated potential for peak demand reduction at various deployment levels. The third report will explore the technical capability of aggregated group actions to positively impact grid stability, including frequency and voltage regulation and spinning reserves, and the impacts on distribution feeder voltage regulation, including mitigation of fluctuations caused by high penetration of photovoltaic distributed generation. In this report, a series of analytical methods were presented to estimate the potential cost benefit of smart appliances while utilizing demand response. Previous work estimated the potential technical benefit (i.e., peak reduction) of smart appliances, while this report focuses on the monetary value of that participation. The effects on wholesale energy cost and possible additional revenue available by participating in frequency regulation and spinning reserve markets were explored.

Fuller, Jason C.; Parker, Graham B.

2012-12-31T23:59:59.000Z

150

A review of the monitoring of market power : the possible roles of TSOs in monitoring for market power issues in congested transmission systems  

E-Print Network [OSTI]

The paper surveys the literature and publicly available information on market power monitoring in electricity wholesale markets. After briefly reviewing definitions, strategies and methods of mitigating market power we ...

Twomey, Paul

2005-01-01T23:59:59.000Z

151

Reactive Power Support Services in Electricity Markets  

E-Print Network [OSTI]

Reactive Power Support Services in Electricity Markets Costing and Pricing of Ancillary Services Final Project Report Power Systems Engineering Research Center A National Science Foundation Industry Reactive Power Support Services in Electricity Markets Costing and Pricing of Ancillary Services Project

152

Nordic Market Report 2009  

E-Print Network [OSTI]

...........................................................................23 6 WHOLESALE POWER MARKET.................................................24 6.1 PRICE DEVELOPMENT.........................................................................................................................37 6.7 WHOLESALE POWER MARKET: CONCLUSIONS-FUNCTIONING NORDIC WHOLESALE MARKET WITH COMPETITIVE PRICES...................47 9.3 RELIABLE SUPPLY ....................................................................

153

Applications of Nash Equilibria In Electricity Markets  

E-Print Network [OSTI]

customers in smaller quantities on the retail electricity market. #12;Clearing Price Auctions determine 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

Lavaei, Javad

154

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

E-Print Network [OSTI]

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

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

2008-01-01T23:59:59.000Z

155

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

E-Print Network [OSTI]

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 ...

Joskow, Paul L.

2000-01-01T23:59:59.000Z

156

The top 100 electric utilities  

SciTech Connect (OSTI)

This has been an extremely interesting market during the past year or so due to the Energy Policy Act of 1992 (EPACT) and the US FERC actions since then to make it more competitive. A major move was a 1994 proposal to open up access to the nation`s privately owned transmission grid to make it easier for buyers and sellers of wholesale electricity to do business. Overall, the wholesale market in the US generates about $50 billion in annual revenues. That compares with a retail market about four times that size. The term retail refers to electricity sales to ultimate consumers, while wholesale refers to bulk power transactions among utilities or purchases by utilities from NUGs. The data in this report can be considered a baseline look at the major utility players in the wholesale market. Results of wholesale deregulation have not really been felt yet, so this may be the last look at the regulated market.

Warkentin, D.

1995-10-01T23:59:59.000Z

157

Market Evolution: Wholesale Electricity Market Design for 21st Century Power Systems  

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:1 First Use of Energy for All Purposes (Fuel and Nonfuel),Feet) Year Jan Feb Mar Apr MayAtmospheric Optical Depth7-1D: VegetationEquipment Surfaces andMapping the Nanoscale Landscape PrintSurvey |

158

Competitive Electricity Markets and System Reliability: The Case for New England's Proposed Locational Capacity Market  

SciTech Connect (OSTI)

Clear evidence exists that the existing wholesale markets in New England are failing to provide sufficient incentives to invest. The ISO-NE LICAP proposal is designed to ensure that New England markets attract sufficient generation resources to protect reliability while being mindful of the added cost burden that it will produce.

Farr, John G.; Felder, Frank A.

2005-10-01T23:59:59.000Z

159

CSEM WP 124 Capacity Markets for Electricity  

E-Print Network [OSTI]

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

California at Berkeley. University of

160

Mitigating Market Power in Deregulated Electricity Markets Seth Blumsack1  

E-Print Network [OSTI]

in California, PJM, and New York finds that all three of these markets are far less competitive than their HHIs, and Perekhodtsev (2002) and Blumsack and Lave (2004). California, PJM, and New York are shown to have market will work best in different systems. 2. Structure of the California, PJM, and New York Electricity Markets

Blumsack, Seth

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


161

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]

in wholesale energy markets. Progress in Photovoltaics:The Economics of Energy Market Transformation Programs. TheCalifornia's current energy market, for example, allows

Darghouth, Naim Richard

2013-01-01T23:59:59.000Z

162

784 IEEE TRANSACTIONS ON SUSTAINABLE ENERGY, VOL. 3, NO. 4, OCTOBER 2012 Market Solutions for Managing Ramp Flexibility  

E-Print Network [OSTI]

uncertainty and variability, too. Current practices in wholesale energy markets to compen- sate for such ramp784 IEEE TRANSACTIONS ON SUSTAINABLE ENERGY, VOL. 3, NO. 4, OCTOBER 2012 Market Solutions- nomic dispatch (SCED). I. INTRODUCTION THE wholesale electricity markets administered by Inde- pendent

McCalley, James D.

163

Power marketing and renewable energy  

SciTech Connect (OSTI)

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.

Fang, J.M.

1997-09-01T23:59:59.000Z

164

A demand responsive bidding mechanism with price elasticity matrix in wholesale electricity pools  

E-Print Network [OSTI]

In the past several decades, many demand-side participation features have been applied in the electricity power systems. These features, such as distributed generation, on-site storage and demand response, add uncertainties ...

Wang, Jiankang, Ph. D. Massachusetts Institute of Technology

2009-01-01T23:59:59.000Z

165

Thermal plant bids and market clearing in an electricity pool minimization of costs vs. minimization of consumer payments  

SciTech Connect (OSTI)

The Spanish wholesale electricity market has started on January 1, 1998. Though it is based on simple price/quantity bids, it incorporates some provisions to take thermal plant running requirements into account. This paper presents these rules and its mathematical treatment, focusing on a possible implementation of the minimum income condition, which allows thermal generators to declare minimum stable loads. It also shows another key point in the debate: whether the algorithm should minimize costs or consumer payments.

Alonso, J.; Trias, A.; Gaitan, V.; Alba, J.J.

1999-11-01T23:59:59.000Z

166

Electric retail market options: The customer perspective  

SciTech Connect (OSTI)

This report describes various options that are now available for retail electric customers, or that may become available during the next few years as the electric utility industry restructures. These options include different ways of meeting demand for energy services, different providers of service or points of contact with providers, and different pricing structures for purchased services. Purpose of this document is to examine these options from the customer`s perspective: how might being a retail electric customer in 5--10 years differ from now? Seizing opportunities to reduce cost of electric service is likely to entail working with different service providers; thus, transaction costs are involved. Some of the options considered are speculative. Some transitional options include relocation, customer-built/operated transmission lines, municipalization, self-generation, and long-term contracts with suppliers. All these may change or diminish in a restructured industry. Brokers seem likely to become more common unless restructuring takes the form of mandatory poolcos (wholesale). Some options appear robust, ie, they are likely to become more common regardless of how restructuring is accomplished: increased competition among energy carriers (gas vs electric), real-time pricing, etc. This report identified some of the qualitative differences among the various options. For customers using large amounts of electricity, different alternatives are likely to affect greatly service price, transaction costs, tailoring service to customer preferences, and risks for customer. For retail customers using small amounts of electricity, there may be little difference among the options except service price.

Hadley, S.W.; Hillsman, E.L.

1995-07-01T23:59:59.000Z

167

Assessing the efficiency of US electricity markets  

SciTech Connect (OSTI)

The recent California's energy crisis has raised doubts about the benefits of energy deregulation. While it is true that the California electricity market is in turmoil, other electricity markets like the Pennsylvania-New Jersey-Maryland (PJM) are doing fine. This paper assesses the mark of efficiency reached by the electricity markets in California, New York, and PJM. It also compares the degree of efficiency across markets (forward vs. real time) and across time. In terms of market efficiency no significant differences between the California and PJM electricity markets were discovered in the year of California's energy crisis (2000). This research suggests that differences in price behavior between these two markets during 2000 did not arise from differences in efficiency. According to our analysis and measure of efficiency, PJM and California electricity markets are more efficient than the New York market. Also, as these markets become more mature over time, their efficiency goes up. We also found evidence that multi-settlement scheduling system leads to higher efficiency.

Arciniegas, I. E. (Ismael E.); Barrett, C. L. (Christopher L.); Marathe, A. (Achla)

2001-01-01T23:59:59.000Z

168

Exemption from Wholesale Energy Transaction Tax (Montana)  

Broader source: Energy.gov [DOE]

Electricity from wind generation on state lands is exempt from the wholesale energy transaction tax of $0.00015/kWh transmitted. Electricity from any source, including renewables, that is generated...

169

Rethinking Real Time Electricity Pricing  

E-Print Network [OSTI]

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 ...

Allcott, Hunt

170

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network [OSTI]

Investigation of Photovoltaic Cost Trends in California,”The Market Value and Cost of Solar Photovoltaic ElectricityThe Market Value and Cost of Solar Photovoltaic Electricity

Borenstein, Severin

2008-01-01T23:59:59.000Z

171

The political economy of electricity market liberalization  

E-Print Network [OSTI]

More than half of the countries in the world have introduced a reform process in their power sectors and billions of dollars have been spent on liberalizing electricity markets around the world. Ideological considerations, political composition...

Erdogdu, Erkan

2012-05-17T23:59:59.000Z

172

The Benefits of Restructuring: It's Not Your Grandfather's Electric Utility Anymore  

SciTech Connect (OSTI)

The key to achieving and maintaining most of the benefits from the emerging competitive market for electricity supply is to have a workably competitive wholesale generation market. By any objective measure, the PJM regional transmission organization is fulfilling its mission.

Switzer, Sheldon; Straub, Mary M.

2006-02-01T23:59:59.000Z

173

Market and Policy Barriers for Demand Response Providing Ancillary Services in U.S. Markets  

E-Print Network [OSTI]

Wholesale Electricity Demand Response Program Comparison,J. (2009) Open Automated Demand Response Communicationsin Demand Response for Wholesale Ancillary Services.

Cappers, Peter

2014-01-01T23:59:59.000Z

174

Electric Power Market Simulations Using Individuals  

E-Print Network [OSTI]

Generation agents ­ Own and operate virtual power plants ­ Submit power bids to the independent system in the EMCAS model #12;3 Argonne Staff Act Out the Roles of Individual Agents in a Virtual Electric PowerElectric Power Market Simulations Using Individuals as Agents Guenter Conzelmann Argonne National

Kemner, Ken

175

Enhancing Efficient Functioning of the Nordic Electricity Market  

E-Print Network [OSTI]

Enhancing Efficient Functioning of the Nordic Electricity Market Summary and Conclusions 24............................................................................................... 7 2.2.3 Roles in enhancing effective functioning of the electricity market OF ROLES AND RESPONSIBILITIES BETWEEN AUTHORITIES, TSOS AND MARKET PLAYERS

176

antiretroviral medicines markets: Topics by E-print Network  

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

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...

177

Marketing Reordering of the Electric Utility Industry  

E-Print Network [OSTI]

. Residential customers original ly used electricity to light their homes. Elec tric power now has literally thousands of uses. Similarly, commercial customers now use electricity to compute, control, provide comfort, as well as illuminate offices... generated power. However, such displacement requires "wheeling", which is the use of transmission facilities of one electric system to transmit power of and for others. Market forces are developing tremendous in dustrial interest in wheeling...

Anderson, J. A.

178

Geographic market delineation in LMP electric power markets  

SciTech Connect (OSTI)

The Federal Energy Regulatory Commission has jurisdiction over sales of electric generation assets in the United States, and it has found that generation on the high-priced side of transmission constraints provides competition for generators on the low-priced side. This article shows that this reasoning is correct in locational marginal price (LMP) electric power markets now prevalent in the U.S. (author)

Morris, John R.; Accordino, Megan H.

2010-04-15T23:59:59.000Z

179

Effects of Temporal Wind Patterns on the Value of Wind-Generated Electricity at Different Sites in California and the Northwest  

E-Print Network [OSTI]

power system’s load and wholesale market prices (Burton etgeographical area on wholesale market value or capacityMontana and Wyoming) with wholesale power prices and loads

Fripp, Matthias; Wiser, Ryan

2006-01-01T23:59:59.000Z

180

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

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


181

Designing Market Rules for a Competitive Electricity Market Frank A. Wolak  

E-Print Network [OSTI]

1 Designing Market Rules for a Competitive Electricity Market by Frank A. Wolak Chairman, Market on the performance of the resulting electricity supply industry. #12;4 Important Features of Market Rules Choice 1 for electricity with market-clearing prices set on a half-hourly basis using ex ante perfectly inelastic demand

California at Berkeley. University of

182

Market Design and Price Behavior in Restructured Electricity Markets: An International Comparison  

E-Print Network [OSTI]

PWP-051 Market Design and Price Behavior in Restructured Electricity Markets: An International of market- clearing prices. Using evidence on the design of electricity markets in England and Wales, Norway rules are important drivers of the behavior of prices in a competitive electricity market. The paper

California at Berkeley. University of

183

Design analysis mechanisms for carbon auction market through electricity market coupling  

E-Print Network [OSTI]

Design analysis mechanisms for carbon auction market through electricity market coupling Mireille electricity produc- ers selling their production on an electricity market and buying CO2 emission al- lowances functions of the electricity production. We set out a clear Nash equilibrium on the power market that can

Paris-Sud XI, Université de

184

An Overview of the Operation of Ontario's Electricity Market  

E-Print Network [OSTI]

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

Cañizares, Claudio A.

185

A FRAMEWORK FOR ELECTRICITY MARKET MONITORING Teoman Gler  

E-Print Network [OSTI]

A FRAMEWORK FOR ELECTRICITY MARKET MONITORING Teoman Güler University of Illinois at Urbana gross@uiuc.edu Abstract ­ The experiences to date with the im- plementation of electricity markets- structuring electricity. The market monitoring no- tions used in securities and commodity markets can

Gross, George

186

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

E-Print Network [OSTI]

1 Integrated Retail and Wholesale Power System Operation with Smart-Grid Functionality Dionysios of retail and wholesale power markets operating over transmission and distribution networks with smart-grid functionality. This test bed seams together two existing test beds, the AMES Wholesale Power Market Test Bed

Tesfatsion, Leigh

187

Electric Markets Technical Assistance Program: FY1999 Grant Descriptio...  

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

Markets Technical Assistance Program: FY1999 Grant Descriptions and Contact Information Electric Markets Technical Assistance Program: FY1999 Grant Descriptions and Contact...

188

A Two Stage Stochastic Equilibrium Model for Electricity Markets ...  

E-Print Network [OSTI]

ward market and power transaction in the electricity spot market. A stochastic equilibrium program with equilibrium constraints (SEPEC) model is proposed to ...

2008-12-12T23:59:59.000Z

189

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

E-Print Network [OSTI]

the dirtiest plants in the WECC fall into two categories,Capacity factors of non-Cal WECC plants (> 75 MW) with CO2consumed elsewhere in the WECC. If those regions are not

Bushnell, Jim B

2007-01-01T23:59:59.000Z

190

Price Responsive Demand in New York Wholesale Electricity Market using OpenADR  

E-Print Network [OSTI]

zonal day-ahead locational based marginal pricing (DA LBMP),provides zonal Locational Based Marginal Pricing (LBMP) inzonal day-ahead locational based marginal pricing (DA LBMP),

Kim, Joyce Jihyun

2013-01-01T23:59:59.000Z

191

Price Responsive Demand in New York Wholesale Electricity Market using OpenADR  

E-Print Network [OSTI]

Laboratory in the course of performing work contracted for and sponsored by the New York State Energy

Kim, Joyce Jihyun

2013-01-01T23:59:59.000Z

192

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

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:1 First Use of Energy for All Purposes (Fuel and Nonfuel),Feet) Year Jan Feb Mar Apr MayAtmospheric Optical Depth7-1D: Vegetation ProposedUsing ZirconiaPolicy and Assistance100 tonusing ARMEvenFlames. |RecentEvolution of

193

Price Responsive Demand in New York Wholesale Electricity Market using OpenADR  

E-Print Network [OSTI]

and provide demand response (DR) through building controland provide demand response (DR) through building controlDemand Response Automation Server (DRAS) in a 15-minute interval. This allows the continuous monitoring of the building's

Kim, Joyce Jihyun

2013-01-01T23:59:59.000Z

194

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

E-Print Network [OSTI]

accurate accounting of CO2 emissions, at least from in-plants (> 75 MW) with CO2 emissions > 1500 lbs/MWh Load-with extremely low CO2 emissions. Over the entire western

Bushnell, Jim B

2007-01-01T23:59:59.000Z

195

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

196

A Unifying Approach to Assessing Market Power in Deregulated Electricity Markets  

E-Print Network [OSTI]

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

Low, Steven H.

197

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 designs adopted or proposed for many electricity markets around the world. In particular, we examine-SETTLEMENT SYSTEMS FOR ELECTRICITY MARKETS: ZONAL AGGREGATION UNDER NETWORK UNCERTAINTY AND MARKET POWER RAJNISH

198

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

E-Print Network [OSTI]

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

California at Berkeley. University of

199

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

E-Print Network [OSTI]

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. ...

Joskow, Paul L.

2003-01-01T23:59:59.000Z

200

United States of America Electric Energy Market Competition Task Force  

E-Print Network [OSTI]

, appointed by the Secretary of Energy; and (5) an employee of the Rural Utilities Service, appointedi United States of America Electric Energy Market Competition Task Force and the Federal Energy and Retail Markets for Electric Energy Docket No. AD05

Tesfatsion, Leigh

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


201

Electric Market and Utility Operation Terminology (Fact Sheet)  

SciTech Connect (OSTI)

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

Not Available

2011-05-01T23:59:59.000Z

202

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

E-Print Network [OSTI]

ity expansion problem in liberalized electricity markets. The first is an open loop equilibrium model, where generation companies simultaneously choose.

2012-05-06T23:59:59.000Z

203

Electric motors: Markets, trends, and applications  

SciTech Connect (OSTI)

Electric motors play an important role in nearly all sectors of the US economy. Typical motor applications range from air conditioning and appliances in the residential sector, to cooling and space heating in the commercial sector, to materials handling and processing in the industrial sectors. Motors in the residential sector consumed nearly 352 billion kilowatthours (BkWh) in 1985, in the commercial sector 279 BkWh, and the industrial sector 552 BkWh. Approximately 87% of electric motor electricity use in the industrial sector was consumed in manufacturing processes, while the process industries consumed more than half of the manufacturing sector's electric motor electricity use. The total motor population in all sectors in 1987 stood just shy of 1.02 billion, 90% of which are less than one horsepower (HP) in size. An increasing percentage of the motor population is comprised of high efficiency motors, as classified by the National Electrical Manufacturers Association (NEMA). High efficiency motors offer end-users greater energy and cost savings than do their standard efficiency counterparts. This report provides an overview of the history of the electric motor, a brief description of the electromechanical theory behind motor operations, and offers a statistical review of the size and distribution of the electric motor market. The report also presents data on sector motor electricity use, describes current and potential motor application opportunities, and details areas in which further research and development may be needed.

Not Available

1992-06-01T23:59:59.000Z

204

Mergers in the GB Electricity Market: effects on Retail Charges  

E-Print Network [OSTI]

-efficiency as variables relating to price and profitability. The retail electricity market is a case in point, as highMergers 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

Paris-Sud XI, Université de

205

Interface Between Engineering and Market Operations in Restructured Electricity Systems  

E-Print Network [OSTI]

. Sobajic was with the Electric Power Research Institute, Palo Alto, CA 94304 USA. He is now with GridInterface Between Engineering and Market Operations in Restructured Electricity Systems HUNG began in 1998 in the United States Keywords--Electricity restructuring, market design, market op

Oren, Shmuel S.

206

Electric trade in the United States 1994  

SciTech Connect (OSTI)

Wholesale trade in electricity plays an important role for the US electric utility industry. Wholesale, or bulk power, transactions allow electric utilities to reduce power costs, increase power supply options, and improve reliability. In 1994, the wholesale trade market totaled 1.9 trillion kilowatthours, about 66% of total sales to ultimate consumers. This publication, Electric Trade in the United States 1994 (ELECTRA), is the fifth in a series of reports on wholesale power transactions prepared by the Office of Coal, Nuclear, Electric and Alternate Fuels, Energy Information Administration (EIA). The electric trade data are published biennially. The first report presented 1986 data, and this report provides information on the electric power industry during 1994.

NONE

1998-08-01T23:59:59.000Z

207

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)

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.

Heffner, Grayson C.

2002-09-01T23:59:59.000Z

208

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

E-Print Network [OSTI]

by resolving the dispatch using the optimal nodal prices as offers with no constraints on capacity. MarketAn 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

209

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

E-Print Network [OSTI]

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, Member, IEEE, and Hamed Mohsenian-Rad, Senior Member, IEEE Abstract--Market power assessment is a prime

Mohsenian-Rad, Hamed

210

Electric trade in the United States, 1996  

SciTech Connect (OSTI)

Wholesale trade in electricity plays an important role for the US electric utility industry. Wholesale, or bulk power, transactions allow electric utilities to reduce power costs, increase power supply options, and improve reliability. In 1996, the wholesale trade market totaled 2.3 trillion kilowatthours, over 73% of total sales to ultimate consumers. This publication, Electric Trade in the United States 1996 (ELECTRA), is the sixth in a series of reports on wholesale power transactions prepared by the Office of Coal, Nuclear, Electric and Alternate Fuels, Energy Information Administration (EIA). The electric trade data are published biennially. The first report presented 1986 data, and this report provides information on the electric power industry during 1996. The electric trade data collected and presented in this report furnish important information on the wholesale structure found within the US electric power industry. The patterns of interutility trade in the report support analyses of wholesale power transactions and provide input for a broader understanding of bulk power market issues that define the emerging national electric energy policies. The report includes information on the quantity of power purchased, sold, exchanged, and wheeled; the geographical locations of transactions and ownership classes involved; and the revenues and costs. 1 fig., 43 tabs.

NONE

1998-12-01T23:59:59.000Z

211

Pricing and Firm Conduct in California's Deregulated Electricity Market  

E-Print Network [OSTI]

sector to competitive forces by restructuring the method of procuring electricity. Private electricPWP-080 Pricing and Firm Conduct in California's Deregulated Electricity Market Steven L. Puller.ucei.berkeley.edu/ucei #12;Pricing and Firm Conduct in California's Deregulated Electricity Market Steven L. Puller August

California at Berkeley. University of

212

Transmission rights and market power on electric power networks  

E-Print Network [OSTI]

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 ...

Joskow, Paul L.

2000-01-01T23:59:59.000Z

213

An Equilibrium Model of Investment in Restructured Electricity Markets  

E-Print Network [OSTI]

electricity generation ?rm should invest in the new plant.plant stems from the value of its electricity generation.Electricity generation ?rms make two important sets of decisions: bids in the spot market and power plant

Bushnell, Jim B; Ishii, Jun

2007-01-01T23:59:59.000Z

214

Carbon pricing, nuclear power and electricity markets  

SciTech Connect (OSTI)

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)

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

2012-07-01T23:59:59.000Z

215

The Impact of Imperfect Permit Market on Congested Electricity Market Equilibrium  

E-Print Network [OSTI]

The Impact of Imperfect Permit Market on Congested Electricity Market Equilibrium Tanachai market in conjunction with a permit market to study such interactions. The concept of conjectural variations is proposed to account for imperfect competition in permit market. The model is then applied

Oren, Shmuel S.

216

Dynamic pricing and stabilization of supply and demand in modern electric power grids  

E-Print Network [OSTI]

The paper proposes a mechanism for real-time pricing of electricity in smart power grids, with price stability as the primary concern. In previous publications the authors argued that relaying the real-time wholesale market ...

Roozbehani, Mardavij

217

First evidence of asymmetric cost pass-through of Eu emissions allowances : examining wholesale electricity prices in Germany  

E-Print Network [OSTI]

This paper applies the literature on asymmetric price transmission to the emerging commodity market for EU emissions allowances (EUA). We utilize an error correction model and an autoregressive distributed lag model to ...

Zachmann, Georg

2007-01-01T23:59:59.000Z

218

FirstChoice Wholesale Investments  

E-Print Network [OSTI]

FirstChoice Wholesale Investments Product Disclosure Statement Including FirstRate Wholesale Saver Colonial First State 1 2 Benefits of investing in FirstChoice Wholesale Investments 1 3 How FirstChoice Wholesale Investments works 2 4 Risks of investing 2 5 Fees and other costs 6 6 How managed investment

Peters, Richard

219

Fundamental Drivers of Pacific Northwest Power Markets  

E-Print Network [OSTI]

, utilities, power marketers, investors, and others on wholesale electricity and natural gas markets. Experts Load Transmission Thermal Hydro Wind (2005) #12;Natural Gas Capacity 6 5,000 MW of Natural Gas;Natural Gas Power Plant Production is Significantly Down 2010 to 2012 13 #12;Mid C Peak Heat Rates 14

220

Transmission Rights and Market Power James Bushnell  

E-Print Network [OSTI]

wholesale electricity markets, and their associated Independent System Operators (ISOs), now formingPWP-062 Transmission Rights and Market Power James Bushnell April, 1999 This paper is part of the working papers series of the Program on Workable Energy Regulation (POWER). POWER is a program

California at Berkeley. University of

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


221

Ensuring Generation Adequacy in Competitive Electricity Markets  

E-Print Network [OSTI]

RESERVE OBLIGATIONS AND CAPACITY MARKETS The eastern poolsFormal or informal capacity markets that allow trading ofof capacity payments. The capacity markets prompted by the

Oren, Shmuel S.

2003-01-01T23:59:59.000Z

222

Commitment of Electric Power Generators under Stochastic Market Prices  

E-Print Network [OSTI]

Commitment 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 Prices Abstract A formulation for the commitment of electric power generators under a deregulated

Mazumdar, Mainak

223

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) programs motivate home users through dynamic pricing to shift electricity consumption from peak demand periods. In this paper, we introduce a day ahead electricity market where the operator sets the prices

224

Diagnosing and Mitigating Market Power in Chile's Electricity Industry  

E-Print Network [OSTI]

This paper examines generators' incentives to exercise market power and the strategies they would follow if all electricity supplies were traded in an hourly-unregulated spot market. The industry is modelled as a Cournot duopoly with a competitive...

Arellano, M Soledad

2004-06-16T23:59:59.000Z

225

Paying for demand-side response at the wholesale level  

SciTech Connect (OSTI)

The recent FERC Notice of Public Rulemaking regarding the payment to demand-side resources in wholesale markets has engendered a great deal of comments including FERC's obligation to ensure just and reasonable rates in the wholesale market and criteria for what FERC should do (on grounds of economic efficiency) without any real focus on what that commitment would really mean if FERC actually pursued it. (author)

Falk, Jonathan

2010-11-15T23:59:59.000Z

226

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

E-Print Network [OSTI]

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...

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

2006-01-01T23:59:59.000Z

227

Essays on empirical analysis of multi-unit auctions -- impacts of financial transmission rights on the restructured electricity industry  

E-Print Network [OSTI]

-price, sealed-bid auctions. The first part of the dissertation studies the auctions on the spot market of the wholesale electricity industry. I derive structural empirical models to test theoretical predictions as to whether bidders fully internalize the effect...

Zang, Hailing

2005-11-01T23:59:59.000Z

228

Effects of Temporal Wind Patterns on the Value of Wind-Generated Electricity in California and the Northwest  

E-Print Network [OSTI]

of electric power from potential wind farm locations inergy 1.5 MW wind turbine to calculate the potential powerpotential difference in wholesale market value between better- correlated and poorly correlated wind

Wiser, Ryan H

2008-01-01T23:59:59.000Z

229

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

E-Print Network [OSTI]

on the Spanish electricity sector. The Energy Journal, 27 (markets in the electricity sector— The case of wholesaleregulations in the electricity sector: market interactions,

Limpaitoon, Tanachai

2012-01-01T23:59:59.000Z

230

The electric power industry : deregulation and market structure  

E-Print Network [OSTI]

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. ...

Thomson, Robert George

1995-01-01T23:59:59.000Z

231

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

E-Print Network [OSTI]

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

Cappers, Peter

2009-01-01T23:59:59.000Z

232

Competition and Reliability in North American Electricity Markets...  

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

Blackout 2003: Electric System Working Group Technical Conference - Comments and Recommendations Competition and Reliability in North American Energy Markets: Issue Paper Synopses...

233

Equilibria on the Day-Ahead Electricity Market  

E-Print Network [OSTI]

Electricity Market. Margarida Carvalho. INESC Porto, Portugal. Faculdade de Ciências, Universidade do Porto, Portugal margarida.carvalho@dcc.fc.up.pt.

2012-09-08T23:59:59.000Z

234

Optimization Online - On the Dynamic Stability of Electricity Markets  

E-Print Network [OSTI]

Jan 31, 2011 ... On the Dynamic Stability of Electricity Markets. Victor M. Zavala (vzavala ***at*** mcs.anl.gov) Mihai Anitescu (anitescu ***at*** mcs.anl.gov).

Victor M. Zavala

2011-01-31T23:59:59.000Z

235

A Two Stage Stochastic Equilibrium Model for Electricity Markets ...  

E-Print Network [OSTI]

Feb 6, 2008 ... A Two Stage Stochastic Equilibrium Model for Electricity Markets with Two Way Contracts. Dali Zhang (zhangdl ***at*** soton.ac.uk) Huifu Xu ...

Dali Zhang

2008-02-06T23:59:59.000Z

236

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

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

Benefits of Demand Response in Electricity Markets and Recommendations for Achieving Them. A report to the United States Congress Pursuant to Section 1252 of the Energy Policy Act...

237

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

E-Print Network [OSTI]

May 7, 2012 ... Abstract: We consider two game-theoretic models of the generation capacity expansion problem in liberalized electricity markets. The first is an ...

S. Wogrin

2012-05-07T23:59:59.000Z

238

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 ...

Aswin Kannan

2010-10-06T23:59:59.000Z

239

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

E-Print Network [OSTI]

Mar 19, 2015 ... Convex Hull Pricing in Electricity Markets: Formulation, Analysis, and Implementation Challenges. Dane Schiro (dschiro ***at*** iso-ne.com)

Dane Schiro

2015-03-19T23:59:59.000Z

240

2007 Wholesale Power Rate Case Initial Proposal : Revenue Requirement Study.  

SciTech Connect (OSTI)

The purpose of this Study is to establish the level of revenues from wholesale power rates necessary to recover, in accordance with sound business principles, the Federal Columbia River Power System (FCRPS) costs associated with the production, acquisition, marketing, and conservation of electric power. The generation revenue requirement includes: recovery of the Federal investment in hydro generation, fish and wildlife and conservation costs; Federal agencies' operations and maintenance (O&M) expenses allocated to power; capitalized contract expenses associated with non-Federal power suppliers such as Energy Northwest (EN); other power purchase expenses, such as short-term power purchases; power marketing expenses; cost of transmission services necessary for the sale and delivery of FCRPS power; and all other generation-related costs incurred by the Administrator pursuant to law.

United States. Bonneville Power Administration.

2005-11-01T23:59:59.000Z

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


241

Conduct and Impact vs. State of the Market Triggers for Automatic Market Mitigation Shmuel S. Oren  

E-Print Network [OSTI]

competitive wholesale electricity industry: the lack of price-responsive demand and generation concentration the price signals for efficient investment and demand response." The immediate consequence of market objectives and at containing the potential adverse economic impact of such imperfections. In most markets

Oren, Shmuel S.

242

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

E-Print Network [OSTI]

and engineering methods. This approach has been implemented in a model of the WECC, the Western Electricity Coordinating Council. The methods and assumptions of the WECC model are explained in the appendicies Act C. Electricity Generation 4. Could We See Similar Results in the WECC? D. Wholesale and Retail

Ford, Andrew

243

Probabilistic Optimal Power Flow Applications to Electricity Markets  

E-Print Network [OSTI]

of electricity markets, special attention is paid to the uncertainty in Locational Marginal Prices (LMPs], [2]. In markets based on optimal power flows (OPF) to calculate electricity prices, one may use prices. Since OPF is a deterministic tool, it is necessary to complete many simulations to en- compass

Cañizares, Claudio A.

244

AES Southland, Inc. and Williams Energy Marketing & Trading Company, 94 FERC 61,248 (2001).  

E-Print Network [OSTI]

is a wholesale seller of electric energy in California with authority to charge market based rates. Williams has1 AES Southland, Inc. and Williams Energy Marketing & Trading Company, 94 FERC ¶ 61,248 (2001-3-001 Williams Energy Marketing & Trading Company ORDER APPROVING STIPULATION AND CONSENT AGREEMENT (Issued April

Laughlin, Robert B.

245

Wind power forecasting in U.S. electricity markets.  

SciTech Connect (OSTI)

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.

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

2010-04-01T23:59:59.000Z

246

Wind power forecasting in U.S. Electricity markets  

SciTech Connect (OSTI)

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)

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

2010-04-15T23:59:59.000Z

247

EIA model documentation: Electricity market module - electricity fuel dispatch  

SciTech Connect (OSTI)

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.

NONE

1997-01-01T23:59:59.000Z

248

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

E-Print Network [OSTI]

An Agent-Based Test Bed for the Integrated Study of Retail and Wholesale Power System Operations D study of retail and wholesale power markets operating over transmission and distribution networks with smart-grid functionality. The test bed will seam together two existing test beds, the AMES Wholesale

Tesfatsion, Leigh

249

The Operation of Ontario's Competitive Electricity Market: Overview, Experiences, and Lessons  

E-Print Network [OSTI]

1 The Operation of Ontario's Competitive Electricity Market: Overview, Experiences, and Lessons, IEEE, Abstract-- Competitive electricity markets have been operating in various countries for more than a decade, with every single electricity market presenting its own unique characteristics and features

Cañizares, Claudio A.

250

Two Essays on Problems of Deregulated Electricity Markets A DISSERTATION SUBMITTED TO  

E-Print Network [OSTI]

Two Essays on Problems of Deregulated Electricity Markets A DISSERTATION SUBMITTED TO THE TEPPER ELECTRICITY MARKETS...................I ACKNOWLEDGEMENTS'S ELECTRICITY MARKET IN 2000...........................1-1 1.1 INTRODUCTION

251

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

E-Print Network [OSTI]

; Competitive electricity markets; Poolco Alternatively, the Market Coordinator could ask the private generatingA uniform price auction with locational price adjustments for competitive electricity markets b School of Electrical Engineering, Phillips Hall, Cornell University, Ithaca, NY 14853, USA c

252

Market Design Test Environments  

SciTech Connect (OSTI)

Power industry restructuring continues to evolve at multiple levels of system operations. At the bulk electricity level, several organizations charged with regional system operation are implementing versions of a Wholesale Power Market Platform (WPMP) in response to U.S. Federal Energy Regulatory Commission initiatives. Recently the Energy Policy Act of 2005 and several regional initiatives have been pressing the integration of demand response as a resource for system operations. These policy and regulatory pressures are driving the exploration of new market designs at the wholesale and retail levels. The complex interplay among structural conditions, market protocols, and learning behaviors in relation to short-term and longer-term market performance demand a flexible computational environment where designs can be tested and sensitivities to power system and market rule changes can be explored. This paper presents the use of agent-based computational methods in the study of electricity markets at the wholesale and retail levels, and distinctions in problem formulation between these levels.

Widergren, Steven E.; Sun, Junjie; Tesfatsion, Leigh

2006-06-18T23:59:59.000Z

253

Market and Policy Barriers for Demand Response Providing Ancillary Services in U.S. Markets  

E-Print Network [OSTI]

Organized Wholesale Energy Markets. FERC (2011b) Order 755:co-optimization with the energy markets) of the marginalcompared to the wholesale energy markets in these ISO/RTOs.

Cappers, Peter

2014-01-01T23:59:59.000Z

254

ISSN 1745-9648 The Impact of Electricity Market Reform  

E-Print Network [OSTI]

ISSN 1745-9648 The Impact of Electricity Market Reform on Consumers by Catherine Waddams Price ESRC, University of East Anglia CCP Working Paper 08-7 Abstract: We examine the effect of current electricity, where household expenditure surveys and electricity tariffs are available, we analyse the effects

Feigon, Brooke

255

Interface between Engineering and Market Operations in Restructured Electricity Systems  

E-Print Network [OSTI]

is with the Electric Power Research Institute, Palo Alto, CA USA (e-mail: hchaO@epri.com) S. Oren is with the IEOR@eccointl.com) D. Sobajic was with the Electric Power Research Institute, Palo Alto, CA. USA. He is now with Grid1 Interface between Engineering and Market Operations in Restructured Electricity Systems Hung

256

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

E-Print Network [OSTI]

Environmental Emissions Permit Prices to Raise ElectricityEnvironmental Emissions Permit Prices to Raise Electricitythe conditions in the emissions permit market for oxides of

Kolstad, Jonathan; Wolak, Frank

2003-01-01T23:59:59.000Z

257

Facilitating Wind Development: The Importance of Electric Industry Structure  

SciTech Connect (OSTI)

This paper evaluates which wholesale elecricity market-structure characteristics best accommodate wind energy development.

Kirby, B.; Milligan, M.

2008-05-01T23:59:59.000Z

258

Three essays on market power in Chile's electricity industry  

E-Print Network [OSTI]

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 ...

Arellano, María Soledad, 1971-

2003-01-01T23:59:59.000Z

259

A cross country analysis of electricity market reforms  

E-Print Network [OSTI]

econometric model based on Poisson regression with cross-section data covering 51 US states, 13 Canada states and 51 other countries. The results show that both the background of the chairperson of electricity market regulatory agency when reforms started...

Erdogdu, Erkan

2012-06-19T23:59:59.000Z

260

Diagnosing and mitigating market power in Chile's electricity industry  

E-Print Network [OSTI]

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 ...

Arellano, María Soledad

2003-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


261

Transmission and Generation Investment in Electricity Markets  

E-Print Network [OSTI]

Mar 4, 2015 ... The model incorporates investment decisions of the transmission operator and private firms in expectation of an energy-only market and ...

Grimm Veronika

2015-03-04T23:59:59.000Z

262

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

E-Print Network [OSTI]

Electric Reliability Technology Solutions (CERTS) and by the Power Systems Engineering Researchsystems in electric power markets. Operations Research, 58 (

Limpaitoon, Tanachai

2012-01-01T23:59:59.000Z

263

Bill Bradbury Jennifer Anders  

E-Print Network [OSTI]

/Exports Wholesale Electricity Market Prices These These inputsinputs Wholesale Electricity Market Prices Including Market Price Caps on Wholesale Electricity Market Prices Annual Limits on Retrofit Conservation

264

Randomized Auction Design for Electricity Markets between Grids and Microgrids  

E-Print Network [OSTI]

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

Li, Zongpeng

265

Environmental Regulation in Oligopoly Markets: A Study of Electricity Restructuring  

E-Print Network [OSTI]

market. Air pollution fell substantially during 1999, the year in which both electricity restructuring This paper studies the implications of strategic behavior in product markets on pollution decisions will be reduced if policy makers opt for tradeable permits in comparison to pollution taxes. I then examine

California at Berkeley. University of

266

PSERC 98-03 "Markets for Electric Power: Experimental  

E-Print Network [OSTI]

International Conference On System Sciences, January 6-9, 1997, Kona, Hawaii. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes of competitive markets for the generation of electricity. The research is based on the concept of smart markets

267

Export demand response in the Ontario electricity market  

SciTech Connect (OSTI)

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)

Peerbocus, Nash; Melino, Angelo

2007-11-15T23:59:59.000Z

268

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 Overbye, Ian Hiskens Department of Electrical and Computer Engineering, University of Illinois at Urbana-Champaign Urbana, USA correia@students.uiuc.edu, overbye@ece.uiuc.edu, hiskens@ece.uiuc.edu Abstract

269

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

E-Print Network [OSTI]

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 ...

Jamasb, Tooraj

2005-01-01T23:59:59.000Z

270

Multi-objective Optimization for Pricing System Security in Electricity Markets  

E-Print Network [OSTI]

marginal prices throughout the system. Keywords--Electricity markets, locational marginal prices, maximum1 Multi-objective Optimization for Pricing System Security in Electricity Markets Federico Milano while yielding better market conditions through increased transaction levels and improved locational

Cañizares, Claudio A.

271

Price-elastic demand in deregulated electricity markets  

SciTech Connect (OSTI)

The degree to which any deregulated market functions efficiently often depends on the ability of market agents to respond quickly to fluctuating conditions. Many restructured electricity markets, however, experience high prices caused by supply shortages and little demand-side response. We examine the implications for market operations when a risk-averse retailer's end-use consumers are allowed to perceive real-time variations in the electricity spot price. Using a market-equilibrium model, we find that price elasticity both increases the retailers revenue risk exposure and decreases the spot price. Since the latter induces the retailer to reduce forward electricity purchases, while the former has the opposite effect, the overall impact of price responsive demand on the relative magnitudes of its risk exposure and end-user price elasticity. Nevertheless, price elasticity decreases cumulative electricity consumption. By extending the analysis to allow for early settlement of demand, we find that forward stage end-user price responsiveness decreases the electricity forward price relative to the case with price-elastic demand only in real time. Moreover, we find that only if forward stage end-user demand is price elastic will the equilibrium electricity forward price be reduced.

Siddiqui, Afzal S.

2003-05-01T23:59:59.000Z

272

International Assessment of Electric-Drive Vehicles: Policies, Markets, and Technologies  

E-Print Network [OSTI]

Assessmentof Electric-Drive Vehicles: Policies, Markets, andInternational Assessment Electric-Drive Vehicles: Policies,International Assessment Electric-Drive Vehicles Policies,

Sperling, Daniel; Lipman, Timothy

2003-01-01T23:59:59.000Z

273

Effects of Temporal Wind Patterns on the Value of Wind-Generated Electricity in California and the Northwest  

E-Print Network [OSTI]

power system’s load and wholesale market prices [7-11]; thisgeographical area on the wholesale market value or capacityMontana and Wyoming) with wholesale power prices and loads

Wiser, Ryan H

2008-01-01T23:59:59.000Z

274

Price Discovery in Dynamic Power Markets with Low-Voltage Distribution-Network Participants  

E-Print Network [OSTI]

but not least distribution network rent. Keywords-distribution network locational marginal prices; power flow application to Electric Power [2, 3] dynamic Locational-Marginal-Price (LMP) based Wholesale Power Markets load-side market participation and the use of Distribution network Locational Marginal Prices (DLMP

Caramanis, Michael

275

Price Discovery in Dynamic Power Markets with Low-Voltage Distribution-Network Participants  

E-Print Network [OSTI]

-distribution network locational marginal prices; power flow; reactive power compensation; voltage control; distributed application to Electric Power [2, 3] dynamic Locational-Marginal-Price (LMP) based Wholesale Power Markets to clear markets and discover dynamic Locational Marginal Prices (LMPs) that promoted more efficient

Caramanis, Michael

276

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 lower than those of vir- tually all other electrical engineers. Student enroll- ments have steadily

277

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

E-Print Network [OSTI]

Prices for the Year 2007-08 Coal Prices Coal India Ltd. , aof coal in Indiaand sets coal prices for most of the coalCoal India Ltd. revises coal prices based on the trends in

Phadke, Amol

2007-01-01T23:59:59.000Z

278

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

E-Print Network [OSTI]

cost of power from diesel based generation is almost doublediesel- based power plants (CII, 2005), the marginal cost of power generation

Phadke, Amol

2007-01-01T23:59:59.000Z

279

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

E-Print Network [OSTI]

consumers. Appendix IV: Hydro Generation and the SeasonalIV 1 shows the peak demand, the residual peak demand (obtained after subtracting hydro generation

Phadke, Amol

2007-01-01T23:59:59.000Z

280

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

E-Print Network [OSTI]

India looking at 2 mt more LNG from RasGas”. August 29 thhas planned for major LNG imports. Minimum flow constraintsbasis. Liquefied Natural Gas (LNG) Prices India is currently

Phadke, Amol

2007-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


281

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

E-Print Network [OSTI]

Direct Transmission (HVDC) lines. However, the inter-Madhya Pradesh Southern Region HVDC Total Capacity (MW)

Phadke, Amol

2007-01-01T23:59:59.000Z

282

Sixth Northwest Conservation and Electric Power Plan Appendix J: The Regional Portfolio Model  

E-Print Network [OSTI]

............................................................................................................ 10 Capacity and Costs Related to Capacity ............................................................................................... 15 Variable Capacity ............................................................................................... 38 Exposure to Wholesale Power Markets

283

Electric vehicles move closer to market  

SciTech Connect (OSTI)

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.

O`Connor, L.

1995-03-01T23:59:59.000Z

284

Sixth Northwest Conservation and Electric Power Plan Chapter 2: Key Assumptions  

E-Print Network [OSTI]

................................................................ 10 Wholesale Electricity Prices further. Wholesale electricity prices are expected to increase from about $30 per megawatt-hour in 2010

285

ACCEPTED TO IEEE TRANSACTIONS ON POWER SYSTEMS 1 Application of Public-Domain Market Information  

E-Print Network [OSTI]

forecasts, comparisons with respect to ARIMA models developed for locational marginal prices (LMPs to Forecast Ontario's Wholesale Electricity Prices H. Zareipour, Student Member, IEEE, C.A. Ca~nizares, Senior price (HOEP). In order to do so, relevant data from Ontario and its neighboring electricity markets

Cañizares, Claudio A.

286

The Restructuring and Privatisation of the Peruvian Electricity Distribution Market  

E-Print Network [OSTI]

, the biggest distribution company was initially private. After several decades of private electricity ownership it was nationalized in 1972. In the same year, Electroperu, a state-owned company, was created and had exclusive rights on national generation... for 100 per cent of the privatised distribution electricity market. The biggest distribution companies unbundled from Electrolima, Luz del Sur and Edelnor, operate in northern and southern Lima respectively. 2 Before 1972 a big number of private...

Anaya, K L

287

Privacy Preserving Smart Metering System Based Retail Level Electricity Market  

E-Print Network [OSTI]

1 Privacy Preserving Smart Metering System Based Retail Level Electricity Market Cory Thoma, Tao Cui, Student Member, IEEE, Franz Franchetti, Member, IEEE Abstract--Smart metering systems multi-party compu- tation (SMC) based privacy preserving smart metering system. Using the proposed SMC

Franchetti, Franz

288

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

E-Print Network [OSTI]

Ford Program in Environmental Science and Regional Planning Washington State University Summary actively in wholesale markets, and they will comment on the impact of the legislated freeze in retail rates Industries with Boom and Bust The Real Estate Construction Cycle Learning from the Real Estate Cycle History

Ford, Andrew

289

Econophysical Dynamics of Market-Based Electric Power Distribution Systems  

E-Print Network [OSTI]

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.

Nicolas Ho; David P. Chassin

2006-02-09T23:59:59.000Z

290

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

SciTech Connect (OSTI)

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)

Peerbocus, Nash

2007-03-15T23:59:59.000Z

291

First Prev Next Last Go Back Full Screen Close Quit DYNAMICS OF ELECTRIC POWER SUPPLY  

E-Print Network [OSTI]

alone as of February 1, 2005, more than 1200 companies were eligible to sell wholesale power at market · The dramatic increase in the number of market participants - By the end of 2000, approximately 20% of all" (Secretary of Energy Advisory Board's (SEAB) Task Force on Electric System Reliability (1998)) #12;·First

Nagurney, Anna

292

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

SciTech Connect (OSTI)

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.

Not Available

1994-04-07T23:59:59.000Z

293

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

E-Print Network [OSTI]

of Electric Vehicle Market Growth University UC Davis Principal Investigator---in electric vehicle (PEV) markets are facing and how they are likely to evolve--political, technological, economic, and societal--that drives the development, deployment and use

California at Davis, University of

294

Utility/Industry Partnerships Involving Distributed Generation Technologies in Evolving Electricity Markets  

E-Print Network [OSTI]

in evolving electric markets and will review both current and emerging distributed generation technologies aimed at retail industrial, commercial and residential markets. This paper will draw upon several Electric Power Research Institute’s (EPRI) and member...

Rastler, D. M.

295

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.

296

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

E-Print Network [OSTI]

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

Baldick, Ross

297

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 in the markets. I. INTRODUCTION The last decade has witnessed a fundamental transformation of the electric power

298

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

E-Print Network [OSTI]

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

Chen, Yiling

299

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

E-Print Network [OSTI]

"Self-Regulating Electricity Markets?" by Nodir Adilov, Thomas Light, Richard Schuler, William in electricity markets who can substitute part of their usage between day and night. Each customer's demand electricity markets be more self-regulating if we encourage customers to enter the game as active participants

300

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, have undergone radical transforma- tions to insure that an open market structure exists. Electricity as well as the general op- eration of the market that determines prices within that zone. Electric power

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


301

Equilibria in Electricity Markets Autonomous System for Remote Areas References Applications of Linear and Nonlinear Optimisation  

E-Print Network [OSTI]

Equilibria in Electricity Markets Autonomous System for Remote Areas References Applications Instititute ­ Cambridge, UK ­ August 8, 2013 #12;Equilibria in Electricity Markets Autonomous System for Remote Areas References Outline 1 Equilibria in Electricity Markets 2 Autonomous System for Remote Areas

302

Cournot Equilibrium in Price-capped Two-Settlement Electricity Markets  

E-Print Network [OSTI]

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

Oren, Shmuel S.

303

Cournot Equilibrium in Price-capped Two-Settlement Electricity Markets  

E-Print Network [OSTI]

1 Cournot Equilibrium in Price-capped Two-Settlement Electricity Markets Jian Yao1, Bert Willems2-- We 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

304

A k-factor GIGARCH process: Estimation and Application on electricity market spot prices.  

E-Print Network [OSTI]

A k-factor GIGARCH process: Estimation and Application on electricity market spot prices. Abdou Kâ time series of market data, such as electricity spot price, exhibit long-memory, in the sense of slowly this approach to electricity prices (spot prices) from the German energy market (European Energy e

Paris-Sud XI, Université de

305

Impact of CO2 quota allocation to new entrants in the electricity market  

E-Print Network [OSTI]

Impact of CO2 quota allocation to new entrants in the electricity market Hans Henrik Lindboe 3.3.3 Germany 27 3.3.4 Sweden 27 4 THE ELECTRICITY MARKET ­ IMPACTS OF ALLOCATION TO NEW ENTRANTS 29 4.1 ELECTRICITY SPOT-MARKET 29 4.2 INVESTMENTS IN POWER PLANTS 33 5 MODEL ANALYSES 40 5.1 MODELLING

306

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

E-Print Network [OSTI]

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

California at Berkeley. University of

307

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

E-Print Network [OSTI]

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

Cañizares, Claudio A.

308

A case study review of technical and technology issues for transition of a utility load management program to provide system reliability resources in restructured electricity markets  

SciTech Connect (OSTI)

Utility load management programs--including direct load control and interruptible load programs--were employed by utilities in the past as system reliability resources. With electricity industry restructuring, the context for these programs has changed; the market that was once controlled by vertically integrated utilities has become competitive, raising the question: can existing load management programs be modified so that they can effectively participate in competitive energy markets? In the short run, modified and/or improved operation of load management programs may be the most effective form of demand-side response available to the electricity system today. However, in light of recent technological advances in metering, communication, and load control, utility load management programs must be carefully reviewed in order to determine appropriate investments to support this transition. This report investigates the feasibility of and options for modifying an existing utility load management system so that it might provide reliability services (i.e. ancillary services) in the competitive markets that have resulted from electricity industry restructuring. The report is a case study of Southern California Edison's (SCE) load management programs. SCE was chosen because it operates one of the largest load management programs in the country and it operates them within a competitive wholesale electricity market. The report describes a wide range of existing and soon-to-be-available communication, control, and metering technologies that could be used to facilitate the evolution of SCE's load management programs and systems to provision of reliability services. The fundamental finding of this report is that, with modifications, SCE's load management infrastructure could be transitioned to provide critical ancillary services in competitive electricity markets, employing currently or soon-to-be available load control technologies.

Weller, G.H.

2001-07-15T23:59:59.000Z

309

Fast Change Point Detection for Electricity Market Analysis  

SciTech Connect (OSTI)

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.

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

2013-08-25T23:59:59.000Z

310

Price and Inventory Competition in Oligopoly TV White Space Markets  

E-Print Network [OSTI]

's wholesale pricing strategy on the market equilibrium. Specifically, we analytically show how the wholesale further propose two different spectrum wholesale pricing strategies that maximize the database manager between these two wholesale pricing strategies. Index Terms--TV White Space, Price and Inventory

Huang, Jianwei

311

ELECTR-5923; No of Pages 8 Please cite this article in press as: A. Sopinka,, British Columbia Electricity Supply Gap Strategy: A Redefinition of Self-sufficiency, Electr. J. (2013), http://dx.doi.org/10.1016/j.tej.2013.03.003  

E-Print Network [OSTI]

in Victoria, British Columbia. Dr. Sopinka worked for 10 years in the energy sector as both a market analyst auction that signaled the commencement of the deregulated wholesale electricity market in Alberta. She has mandate for self-sufficiency. In addition to the restrictions imposed by the Clean Energy Act

Pedersen, Tom

312

A review of market monitoring activities at U.S. independent system operators  

SciTech Connect (OSTI)

Policymakers have increasingly recognized the structural impediments to effective competition in electricity markets, which has resulted in a renewed emphasis on the need for careful market design and market monitoring in wholesale and retail electricity markets. In this study, we review the market monitoring activities of four Independent System Operators in the United States, focusing on such topics as the organization of an independent market monitoring unit (MMU), the role and value of external market monitors, performance metrics and indices to aid in market analysis, issues associated with access to confidential market data, and market mitigation and investigation authority. There is consensus across the four ISOs that market monitoring must be organizationally independent from market participants and that ISOs should have authority to apply some degree of corrective actions on the market, though scope and implementation differ across the ISOs. Likewise, current practices regarding access to confidential market data by state energy regulators varies somewhat by ISO. Drawing on our interviews and research, we present five examples that illustrate the impact and potential contribution of ISO market monitoring activities to enhance functioning of wholesale electricity markets. We also discuss several key policy and implementation issues that Western state policymakers and regulators should consider as market monitoring activities evolve in the West.

Lesieutre, Bernard C.; Goldman, Charles; Bartholomew, Emily

2004-01-01T23:59:59.000Z

313

Illinois Municipal Electric Agency- Electric Efficiency Program  

Broader source: Energy.gov [DOE]

The Illinois Municipal Electric Agency (IMEA) offers rebates to member municipal utilities* (those who purchase wholesale electric service from IMEA) and retail customers for energy efficiency...

314

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

E-Print Network [OSTI]

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

Wang, Dan

315

Using restructured electricity markets in the hydrogen transition: The PJM case  

SciTech Connect (OSTI)

We examine a hydrogen transition strategy of using excess electric generation capacity in the U.S. midatlantic states during off-peak hours to produce hydrogen via electrolysis. Four different generation technologies are evaluated: combined-cycle natural gas, nuclear power, clean coal, and pulverized coal. We construct hydrogen-electricity price curves for each technology and evaluate the resulting air emissions of key pollutants. Substantial capital investments may be avoided by leveraging off generation assets that would otherwise be built to produce electricity. We also account for the interaction between the production of hydrogen and wholesale electricity prices and demand. Results show that off-peak electrolysis is a plausible but not dominant strategy for hydrogen production; however, there may be a substantial real option value in using the electric power system to transition to a hydrogen economy that may exceed the direct cost savings of producing hydrogen by less expensive methods.

Felder, F.A.; Hajos, A. [Rutgers State University, New Brunswick, NJ (United States)

2006-10-15T23:59:59.000Z

316

Auctions and trading in energy markets -- an economic analysis  

E-Print Network [OSTI]

-generators that set the price more than 90% of the time (Newbery, 1995). Subsequent substantial entry by ‘Independent’ Power Producers (IPPs) who built Combined Cycle Gas Turbine (CCGT) plant gradually eroded the market share of the incumbents, but almost all... complex computer program designed for the old vertically-integrated Central Electricity Generating Board (and which had no use for half-hourly wholesale prices in any case). The fact that buyers and sellers could always trade in the spot market reduced...

Newbery, David; McDaniel, Tanga

2004-06-16T23:59:59.000Z

317

Energy Factors, Leasing Structure and the Market Price of Office Buildings in the U.S.  

E-Print Network [OSTI]

contractual, energy and market-related characteristics. Alocal-level wholesale energy market price dynamics and localof the relationship between energy factor markets, leasing

Jaffee, Dwight M.; Stanton, Richard; Wallace, Nancy E.

2010-01-01T23:59:59.000Z

318

Energy Factors, Leasing Structure and the Market Price of Office Buildings in the U.S.  

E-Print Network [OSTI]

contractual, energy and market-related characteristics. Alocal-level wholesale energy market price dynamics and localfunction of local energy-market and weather characteristics

Jaffee, Dwight; Stanton, Richard; Wallace, Nancy

2012-01-01T23:59:59.000Z

319

Real-Time Electricity Markets Material from this introduction was adapted from [1].  

E-Print Network [OSTI]

), or balancing market. #12;2 A third market, called the operating reserve market, addresses ancillary services of products: Energy: based on resource offers and demand bids Regulating reserve: for real-time balancing1 Real-Time Electricity Markets Material from this introduction was adapted from [1

McCalley, James D.

320

Electricity Markets Analysis (EMA) Model | Open Energy Information  

Open Energy Info (EERE)

AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home5b9fcbce19 NoPublic Utilities Address:011-DNA Jump37. It is classified asThisEcoGridCounty,Portal,105.ElectricSitingAl.,Markets

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


321

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

SciTech Connect (OSTI)

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.

Darghouth, Naim; Barbose, Galen; Wiser, Ryan

2013-01-09T23:59:59.000Z

322

Forecasting electricity spot market prices with a k-factor GIGARCH process.  

E-Print Network [OSTI]

Forecasting electricity spot market prices with a k-factor GIGARCH process. Abdou Kâ Diongue this method to the German electricity price market for the period August 15, 2000 - De- cember 31, 2002 and we; Electricity prices; Forecast; GIGARCH process. Corresponding author: Universite Gaston Berger de Saint

Paris-Sud XI, Université de

323

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

E-Print Network [OSTI]

1 Do Generation Firms in Restructured Electricity Markets Have Incentives to Support Socially that generation firms have in restructured electricity markets for supporting long-term transmission investments.S. transmission system is under stress (Abraham, 2002). Growth of electricity demand and new generation capacity

324

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

E-Print Network [OSTI]

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-based models. A recent joint report by the Electric Power Research Institute (EPRI) and the Natural Resources

Vermont, University of

325

Futures pricing in electricity markets based on stable CARMA spot models  

E-Print Network [OSTI]

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

Gerkmann, Ralf

326

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

E-Print Network [OSTI]

THE ELECTRICITY RETAIL MARKET: REQUERIMENTS FOR AN E-BUSINESS SYSTEM Victor Santos ISCAC to Client . Abstract: In the last decade the electric energy market as changed is structure in several countries, mainly in the most developed, ones where the regulated activity of electrical companies where

Monteiro, Edmundo

327

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

E-Print Network [OSTI]

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

California at Berkeley. University of

328

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

329

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

E-Print Network [OSTI]

The 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-based demand for renewable electricity scenarios Market simulation Supply curves based on technology costs

330

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

E-Print Network [OSTI]

E-BUSINESS FOR THE ELECTRICITY RETAIL MARKET A Business to Client perspective Victor Santos ISCAC - 290 Coimbra, Portugal Email: amartins@deec.uc.pt Keywords: Electrical retail, e-Business, B2B, B2C, real time price. Abstract: In the new deregulated market of the electricity industry the communication

Monteiro, Edmundo

331

Abstract--Many countries have deregulated their electricity markets, boosting competition and participation of private  

E-Print Network [OSTI]

and participation of private enterprises in generation. The recent electricity crises of Chile, California1 Abstract-- Many countries have deregulated their electricity markets, boosting competition was deficient. We conclude that a deregulated electricity market will not work properly in a scarcity situation

Catholic University of Chile (Universidad Católica de Chile)

332

The NordPool Market The spot and electricity forward relation  

E-Print Network [OSTI]

The NordPool Market The spot and electricity forward relation Spot price modelling HJM approach to forwards Conclusions Modelling and pricing in electricity markets Fred Espen Benth Work in collaboration and electricity forward relation Spot price modelling HJM approach to forwards Conclusions Overview

Pfeifer, Holger

333

The portfolio diversification value of nuclear power in liberalized electricity markets  

E-Print Network [OSTI]

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 ...

Bean, Malcolm (Malcolm K.)

2012-01-01T23:59:59.000Z

334

Cournot Equilibrium in Two-settlement Electricity Markets: Formulation and Computation  

E-Print Network [OSTI]

decades, many electricity sectors around the world have been undergoing a reform from a command-and-control industry to competitive markets. A major obstacle to a successful reform is locational market power

335

An agent-based approach to modeling electricity spot markets  

E-Print Network [OSTI]

(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 ...

Visudhiphan, Poonsaeng, 1973-

2003-01-01T23:59:59.000Z

336

alcohol marketing predicts: Topics by E-print Network  

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

response programs in wholesale power markets with congestion managed by locational marginal prices are derived from DC optimal power flow solutions for day-ahead energy markets....

337

Coordination of Retail Demand Response with Midwest ISO Markets  

E-Print Network [OSTI]

M T E P 06 - The Midwest ISO Transmission Expansion Plan,Demand Response in Midwest ISO Market," Presentation at MISODemand Response with Midwest ISO Wholesale Markets Ranjit

Bharvirkar, Ranjit

2008-01-01T23:59:59.000Z

338

Retail Demand Response in Southwest Power Pool  

E-Print Network [OSTI]

Commission (FERC) 2008a. “Wholesale Competition in RegionsDemand Response into Wholesale Electricity Markets,” (URL:1 2. Wholesale and Retails Electricity Markets in

Bharvirkar, Ranjit

2009-01-01T23:59:59.000Z

339

PARABOLIC TROUGH POWER FOR THE CALIFORNIA COMPETITIVE MARKET  

E-Print Network [OSTI]

California is about to complete its third year of a deregulated competitive wholesale power market. During the first two years of the competitive market, power prices averaged between 2 and 3¢/kWh. During 2000, electric supply to California was constrained a number of times causing maximum the price of power to peak over 100¢/kWh, and the average price of power to quadruple. The power output from solar plants tends to coincide with the high power demand periods in California. This fact had been demonstrated by the solar electric generating stations (SEGS) located in the California Mojave Desert, which operate under specific contracts signed in the 1980’s and early 1990’s with the local utility. This paper, on the other hand, examines how new parabolic trough solar plants would have faired on the wholesale competitive power market during 1999 and 2000.

340

Electricity transmission congestion costs: A review of recent reports  

SciTech Connect (OSTI)

Recently, independent system operators (ISOs) and others have published reports on the costs of transmission congestion. The magnitude of congestion costs cited in these reports has contributed to the national discussion on the current state of U.S. electricity transmission system and whether it provides an adequate platform for competition in wholesale electricity markets. This report reviews reports of congestion costs and begins to assess their implications for the current national discussion on the importance of the U.S. electricity transmission system for enabling competitive wholesale electricity markets. As a guiding principle, we posit that a more robust electricity system could reduce congestion costs; and thereby, (1) facilitate more vibrant and fair competition in wholesale electricity markets, and (2) enable consumers to seek out the lowest prices for electricity. Yet, examining the details suggests that, sometimes, there will be trade-offs between these goals. Therefore, it is essential to understand who pays, how much, and how do they benefit in evaluating options (both transmission and non-transmission alternatives) to address transmission congestion. To describe the differences among published estimates of congestion costs, we develop and motivate three ways by which transmission congestion costs are calculated in restructured markets. The assessment demonstrates that published transmission congestion costs are not directly comparable because they have been developed to serve different purposes. More importantly, critical information needed to make them more comparable, for example in order to evaluate the impacts of options to relieve congestion, is sometimes not available.

Lesieutre, Bernard C.; Eto, Joseph H.

2003-10-01T23:59:59.000Z

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


341

Capacity mechanisms for the long-term security of supply in electricity markets: an experimental study.  

E-Print Network [OSTI]

??At the first years of deregulation, the academic discussion was first oriented to discuss the short-term efficiency and competitiveness of the electricity markets. Now, after… (more)

Lara Arango, David

2013-01-01T23:59:59.000Z

342

Optimal Control of Plug-In Hybrid Electric Vehicles with Market ...  

E-Print Network [OSTI]

Jan 13, 2014 ... Optimal Control of Plug-In Hybrid Electric Vehicles with Market Impact and Risk Attitude. Lai Wei (laiwei ***at*** ufl.edu) Yongpei Guan (guan ...

Lai Wei

2014-01-13T23:59:59.000Z

343

2007 Wholesale Power Rate Case Final Proposal : Risk Analysis Study Documentation.  

SciTech Connect (OSTI)

The RiskMod Model is comprised of a set of risk simulation models, collectively referred to as RiskSim; a set of computer programs that manages data referred to as Data Management Procedures; and RevSim, a model that calculates net revenues. RiskMod interacts with the AURORA Model, the RAM2007, and the ToolKit Model during the process of performing the Risk Analysis Study. AURORA is the computer model being used to perform the Market Price Forecast Study (see Market Price Forecast Study, WP-07-FS-BPA-03); the RAM2007 is the computer model being used to calculate rates (see Wholesale Power Rate Development Study, WP-07-FS-BPA-05); and the ToolKit is the computer model being used to develop the risk mitigation package that achieves BPA's 92.6 percent TPP standard (see Section 3 in the Risk Analysis Study, WP-07-FS-BPA-04). Variations in monthly loads, resources, natural gas prices, forward market electricity prices, transmission expenses, and aluminum smelter benefit payments are simulated in RiskSim. Monthly spot market electricity prices for the simulated loads, resources, and natural gas prices are estimated by the AURORA Model. Data Management Procedures facilitate the format and movement of data that flow to and/or from RiskSim, AURORA, and RevSim. RevSim estimates net revenues using risk data from RiskSim, spot market electricity prices from AURORA, loads and resources data from the Load Resource Study, WP-07-FS-BPA-01, various revenues from the Revenue Forecast component of the Wholesale Power Rate Development Study, WP-07-FSBPA-05, and rates and expenses from the RAM2007. Annual average surplus energy revenues, purchased power expenses, and section 4(h)(10)(C) credits calculated by RevSim are used in the Revenue Forecast and the RAM2007. Heavy Load Hour (HLH) and Light Load Hour (LLH) surplus and deficit energy values from RevSim are used in the Transmission Expense Risk Model. Net revenues estimated for each simulation by RevSim are input into the ToolKit Model to develop the risk mitigation package that achieves BPA's 92.6 percent TPP standard. The processes and interaction between each of the models and studies are depicted in Graph 1.

United States. Bonneville Power Administration.

2006-07-01T23:59:59.000Z

344

2007 Wholesale Power Rate Case Initial Proposal : Risk Analysis Study Documentation.  

SciTech Connect (OSTI)

The RiskMod Model is comprised of a set of risk simulation models, collectively referred to as RiskSim; a set of computer programs that manages data referred to as Data Management Procedures; and RevSim, a model that calculates net revenues. RiskMod interacts with the AURORA Model, the RAM2007, and the ToolKit Model during the process of performing the Risk Analysis Study. AURORA is the computer model being used to perform the Market Price Forecast Study (see Market Price Forecast Study, WP-07-E-BPA-03); the RAM2007 is the computer model being used to calculate rates (see Wholesale Power Rate Development Study, WP-07-E-BPA-05); and the ToolKit is the computer model being used to develop the risk mitigation package that achieves BPA's 92.6 percent TPP standard (see Section 3 in the Risk Analysis Study, WP-07-E-BPA-04). Variations in monthly loads, resources, natural gas prices, forward market electricity prices, transmission expenses, and aluminum smelter benefit payments are simulated in RiskSim. Monthly spot market electricity prices for the simulated loads, resources, and natural gas prices are estimated by the AURORA Model. Data Management Procedures facilitate the format and movement of data that flow to and/or from RiskSim, AURORA, and RevSim. RevSim estimates net revenues using risk data from RiskSim, spot market electricity prices from AURORA, loads and resources data from the Load Resource Study, WP-07-E-BPA-01, various revenues from the Revenue Forecast component of the Wholesale Power Rate Development Study, WP-07-E-BPA-05, and rates and expenses from the RAM2007. Annual average surplus energy revenues, purchased power expenses, and section 4(h)(10)(C) credits calculated by RevSim are used in the Revenue Forecast and the RAM2007. Heavy Load Hour (HLH) and Light Load Hour (LLH) surplus and deficit energy values from RevSim are used in the Transmission Expense Risk Model. Net revenues estimated for each simulation by RevSim are input into the ToolKit Model to develop the risk mitigation package that achieves BPA's 92.6 percent TPP standard. The processes and interaction between each of the models and studies are depicted in Graph 1.

United States. Bonneville Power Administration.

2005-11-01T23:59:59.000Z

345

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

346

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

347

Electric trade in the United States 1992  

SciTech Connect (OSTI)

This publication, Electric Trade in the US 1992 (ELECTRA), is the fourth in a series of reports on wholesale power transactions prepared by the Electric Data Systems Branch, Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels, Energy Information Administration (EIA). The electric trade data are published biennially. The first report presented 1986 data, and this report provides information on the electric power industry during 1992. The electric trade data collected and presented in this report furnish important information on the wholesale structure found within the US electric power industry. The patterns of interutility trade in the report support analyses of wholesale power transactions and provide input for a broader understanding of bulk power market issues that define the emerging national electric energy policies. The report includes information on the quantity of power purchased, sold, exchanged, and wheeled; the geographical locations of transactions and ownership classes involved; and the revenues and costs. Information on the physical transmission system are being included for the first time in this publication. Transmission data covering investor-owned electric utilities were shifted from the Financial Statistics of Selected Investor-Owned Electric Utilities to the ELECTRA publication. Some of the prominent features of this year`s report include information and data not published before on transmission lines for publicly owned utilities and transmission lines added during 1992 by investor-owned electric utilities.

Not Available

1994-09-01T23:59:59.000Z

348

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

E-Print Network [OSTI]

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...

Gois, Roberto Cavalcanti

2009-05-15T23:59:59.000Z

349

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

E-Print Network [OSTI]

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...

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

350

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

E-Print Network [OSTI]

SolarAnywhere. CPUC, 2004. Capacity Markets White Paper (market with no parallel capacity markets. Under this kind ofcombined with a parallel capacity market). Finally, in order

Darghouth, Naim

2014-01-01T23:59:59.000Z

351

HOUSEHOLD RESPONSE TO DYNAMIC PRICING OF ELECTRICITY A SURVEY OF SEVENTEEN PRICING EXPERIMENTS  

E-Print Network [OSTI]

the dynamic variation in wholesale energy costs. This can be accomplished by letting retail prices varyHOUSEHOLD RESPONSE TO DYNAMIC PRICING OF ELECTRICITY A SURVEY OF SEVENTEEN PRICING EXPERIMENTS Ahmad Faruqui and Sanem Sergici1 November 13, 2008 Since the energy crisis disrupted markets

352

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

E-Print Network [OSTI]

to be the dominant market in the long run in both seasons. Key words: electricity prices, directed graphs, vector of the electricity industry and its impact on electricity prices is a subject of considerable interest, especially given the recent electricity price spikes occurring in California and elsewhere. Weron (2000) notes

353

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

E-Print Network [OSTI]

tremendously. Meanwhile, the electricity price reform in 1996 promoted power generation corporations more that the electricity price reform in 2003 (and the dismantle reform at the end of 2002) affect electricity generationLurching towards markets for power: China's electricity policy 1985­2007 Xiaoli Zhao a,c, , Thomas

Lyon, Thomas P.

354

United States Industrial Electric Motor Systems Market Opportunities...  

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

for Industry MotorMaster+ User Manual New Motor Systems Market Assessment AMO and LBNL are currently developing an update to the original Motor Systems Market Assessment. The...

355

Wind Power Forecasting andWind Power Forecasting and Electricity Market Operations  

E-Print Network [OSTI]

Wind Power Forecasting andWind Power Forecasting and Electricity Market Operations Audun Botterud://www.dis.anl.gov/projects/windpowerforecasting.html IAWind 2010 Ames, IA, April 6, 2010 #12;Outline Background Using wind power forecasts in market operations ­ Current status in U.S. markets ­ Handling uncertainties in system operations ­ Wind power

Kemner, Ken

356

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

E-Print Network [OSTI]

Transactions on Power Systems #12;WORKING PAPER 1 Optimal Power Market Participation of Plug-In ElectricOptimal Power Market Participation of Plug-In Electric Vehicles Pooled by Distribution Feeder Journal: IEEE Transactions on Power Systems Manuscript ID: TPWRS-00431-2011.R3 Manuscript Type

Caramanis, Michael

357

The impact of electricity market schemes on predictability being a decision factor in the wind farm  

E-Print Network [OSTI]

The impact of electricity market schemes on predictability being a decision factor in the wind farm of capacity factor on the investment phase of a wind farm and on spatial planning in an electricity market, it is now recognized that accurate short-term forecasts of wind farms´ power output over the next few hours

Paris-Sud XI, Université de

358

ANN-based Short-Term Load Forecasting in Electricity Markets  

E-Print Network [OSTI]

ANN-based Short-Term Load Forecasting in Electricity Markets Hong Chen Claudio A. Ca~nizares Ajit1 Abstract--This paper proposes an Artificial Neu- ral Network (ANN)-based short-term load forecasting, electricity markets, spot prices, Artificial Neural Networks (ANN) I. Introduction Short

Cañizares, Claudio A.

359

Capacity Constrained Supply Function Equilibrium Models of Electricity Markets: Stability, Non-  

E-Print Network [OSTI]

PWP-089 Capacity Constrained Supply Function Equilibrium Models of Electricity Markets: Stability of an electricity market where strategic firms have capacity constraints. We show that if firms have heterogeneous of California Energy Institute 2539 Channing Way Berkeley, California 94720-5180 www.ucei.org #12;Capacity

California at Berkeley. University of

360

Energy Policy 32 (2004) 10451052 California's electricity crisis: a market apart?  

E-Print Network [OSTI]

Energy Policy 32 (2004) 1045­1052 Viewpoint California's electricity crisis: a market apart? James Bushnell* University of California Energy Institute, 2547 Channing Way, Berkeley, CA 94720-5180, USA capacity, a flawed market design, and the venality of electricity producers. However, many

Kammen, Daniel M.

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


361

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network [OSTI]

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

Borenstein, Severin

2008-01-01T23:59:59.000Z

362

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

E-Print Network [OSTI]

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

Catholic University of Chile (Universidad Católica de Chile)

363

The Impact of Market Clearing Time and Price Signal Delay on the Stability of Electric Power Markets  

SciTech Connect (OSTI)

We generalize a model, proposed by Alvarado, of the electric power market by including the effects of control and communication. To simulate realistic markets, our model issues control signals only at given times and those signals are delayed during transmission. These two effects transform Alvarado's continuous system into a hybrid system, with consequential effects. The stability analysis of the new system reveals two important properties. First, there is an upper limit on the market clearing time and the delay of the price signal beyond which the system becomes unstable. Second, there is a counter-intuitive relationship between the market clearing time and price signal delay: when the market clearing time is relatively long, delaying the price signal can improve the market's stability while reducing the communication delay can destabilize the market. This counter-intuitive effect shows that the full impact of information technology on power markets can be significant and difficult to anticipate. Therefore, as markets are designed and regulated, careful attention should be paid to the effects of information technology on the market's dynamic behavior.

Nutaro, James J [ORNL; Protopopescu, Vladimir A [ORNL

2009-01-01T23:59:59.000Z

364

Electricity Internal Market in the European Union: What to do next?  

E-Print Network [OSTI]

(often vertical and sometimes initiated by the government in the immediate run-up to the beginning of the reforms) and “regulated” supply contracts to end consumers, frequently domestic but also businesses of all sizes (up to electricity... . It is because they manage the vital and key facilities of the electrical industry and of the electricity markets. But second, whatever we wished, these infrastructures of the European internal market are administered by organisations for whom the internal...

Glachant, Jean-Michel; Lévêque, François

365

When it comes to Demand Response, is FERC its Own Worst Enemy?  

E-Print Network [OSTI]

Final Rule, Order 719, Wholesale Competition in Regions withfinal consumers in formal wholesale markets. Although theseconsumers realize from formal wholesale electricity markets,

Bushnell, James; Hobbs, Benjamin; Wolak, Frank A.

2009-01-01T23:59:59.000Z

366

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network [OSTI]

Solar Photovoltaic Cells”, Center for the Study of Energy Markets Working Paper WP-142, UniversitySolar Photovoltaic Subsidies? ” Center for the Study of Energy Markets Working Paper #172, Universitysolar PV today positive. Director, University of California Energy

Borenstein, Severin

2008-01-01T23:59:59.000Z

367

The regulatory divide: Federal and state jurisdiction in a restructured electricity industry  

SciTech Connect (OSTI)

In any restructuring, close attention should be paid to how transactions are characterized. The approach adopted in California tends to minimize jurisdictional complications and preserve state jurisdiction over local distribution, while a retail wheeling approach may raise preemption and Commerce Clause concerns. In the United States, the wholesale electricity market and the interstate transmission of electricity have been subject to exclusive federal jurisdiction, while the retail sale and local distribution of electricity have been subject to the jurisdiction of the separate states. Until recently, the jurisdictional dividing line has been relatively clear. Indeed, Congress intended to establish a {open_quotes}bright line{close_quotes} between state and federal jurisdiction. This bright line, however, is becoming blurred by proposals to allow retail customers direct access to competitive generation markets. Regulation of transactions relating to the transmission and sale of electricity at wholesale is within the exclusive jurisdiction of the federal government. Thus, historically, {open_quotes}transmission{close_quotes} has coincided precisely with wholesale transactions, while {open_quotes}local distribution{close_quotes} has coincided precisely with retail transactions. Since 1978, Congress and the Federal Energy Regulatory Commission (FERC) have promulgated statutes and regulations to enhance the competitiveness of the wholesale generation market. As a consequence, there are many more non-utility entities competing as sellers of wholesale electricity. Now the push is on at the state level to introduce retail competition in the generation supply side of the electricity market. Introduction of retail competition has the potential to upset, if not extinguish, the traditional bright line between federal and state jurisdiction.

Jubien, S.M.

1996-11-01T23:59:59.000Z

368

A game theoretical analysis of the design options of the real-time electricity market Haikel Khalfallah a  

E-Print Network [OSTI]

1 A game theoretical analysis of the design options of the real-time electricity market Haikel January 2013 Abstract In this paper we study the economic consequences of two real-time electricity market increase forward contracts while raising electricity prices. Moreover, possible use of market power would

Paris-Sud XI, Université de

369

An Analysis of the Investment Decisions on the European Electricity Markets, over the 1945-2013 Period  

E-Print Network [OSTI]

1 An Analysis of the Investment Decisions on the European Electricity Markets, over the 1945 investment decisions by comparing the history of the European electricity markets with the successively of electricity markets in the European Union, more than twenty-five years ago, parts of a rationalization

Boyer, Edmond

370

Protecting the Market from ``Hockey Stick'' Pricing: How  

E-Print Network [OSTI]

monitoring activity in Texas' deregulated wholesale power market, investigating anticompetitive practices and market abuses, and reviewing rules governing the wholesale power market. He holds a doctorate from for these services are exhausted. In markets where energy or capacity is pur- chased through a uniform price auction

Oren, Shmuel S.

371

Time series analysis and long range correlations of Nordic spot electricity market  

E-Print Network [OSTI]

, 21020 Ispra(VA), Italy Abstract The electricity system price of the Nord Pool spot market is analysed. Weron and Przybylowicz [19] studied the electricity prices using Hurst R/S analysis and showed anti energy spot price time series. The question of modelling electricity spot prices has also been addressed

Wright, Francis

372

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

E-Print Network [OSTI]

for electricity. Even though this alternative will not reduce prices in the short run, it is more likely are high. Earlier research by Ethier (1999) and Ning (2001) has shown that price behavior in electricity, load response to high prices can be a powerful way to discipline a typical market for electricity

373

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 path. Accurate valuation of claims based on competitive electricity prices has proved problematic, as electricity price data are not well represented by traditional commodity price models of Brownian motion

374

Resource Adequacy in Competitive Electricity Markets George Gross and Pablo Ruiz  

E-Print Network [OSTI]

Resource Adequacy in Competitive Electricity Markets by George Gross and Pablo Ruiz University of Illinois at Urbana-Champaign Urbana, IL, USA The definition of resource adequacy is "the ability of the electric system to supply the aggregate electrical demand and energy requirements of the customers at all

Gross, George

375

A SURVEY OF COMMODITY MARKETS AND STRUCTURAL MODELS FOR ELECTRICITY PRICES  

E-Print Network [OSTI]

A SURVEY OF COMMODITY MARKETS AND STRUCTURAL MODELS FOR ELECTRICITY PRICES RENE CARMONA AND MICHAEL attention to the most idiosyncratic of all: electricity mar- kets. Following a discussion of traded. In doing so, we present a detailed analysis of the structural approach for electricity, arguing for its

Carmona, Rene

376

THE MARKETER AS A COMPETITION AGENT IN THE CHILEAN ELECTRIC MARKET  

E-Print Network [OSTI]

in the generation segment), Spain (full market liberalization), Brazil (huge reform with commercialization 1 Thanks

Catholic University of Chile (Universidad Católica de Chile)

377

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

E-Print Network [OSTI]

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

Lewis, Matt; Noel, Michael

2009-01-01T23:59:59.000Z

378

BY GEORG ZACHMANN BRUEGEL BLUEPRINT SERIESBRUEGEL BLUEPRINT SERIES Volume XX Electricity without borders: a plan to make the internal market work  

E-Print Network [OSTI]

Electricity without borders: a plan to make the internal market work BY GEORG ZACHMANN BRUEGEL BLUEPRINT 20Electricity without borders:aplanto make the internal market work

Georg Zachmann; Production Michael; T. Harrington; Cover Jean-yves Verdu

379

Hybrid & electric vehicle technology and its market feasibility  

E-Print Network [OSTI]

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 ...

Jeon, Sang Yeob

2010-01-01T23:59:59.000Z

380

Abstract--Although Locational Marginal Pricing (LMP) plays an important role in many restructured wholesale power  

E-Print Network [OSTI]

1 Abstract-- Although Locational Marginal Pricing (LMP) plays an important role in many Terms-- Locational marginal pricing, wholesale power market, AC optimal power flow, DC optimal power congestion by means of Locational Marginal Pricing (LMP), i.e., the pricing of power by the location

Tesfatsion, Leigh

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


381

Network-constrained models of liberalized electricity markets: the devil is in the details  

E-Print Network [OSTI]

Numerical models for electricity markets are frequently used to inform and support decisions. How robust are the results? Three research groups used the same, realistic data set for generators, demand and transmission network as input...

Barquin, J; Boots, M G; Ehrenmann, A; Hobbs, Benjamin F; Neuhoff, Karsten; Rijkers, F A M

2004-06-16T23:59:59.000Z

382

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

E-Print Network [OSTI]

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 ...

Eager, Daniel

2012-06-25T23:59:59.000Z

383

Abstract--Electric energy transmission is essential for the operation of competitive energy markets. Transmission  

E-Print Network [OSTI]

1 Abstract-- Electric energy transmission is essential for the operation of competitive energy markets. Transmission expansion planning has been defined as a complex combinatorial optimization problem. The model proposed generates expansion plans under the Pareto optimality approach. It shows acceptable

Catholic University of Chile (Universidad Católica de Chile)

384

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

E-Print Network [OSTI]

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 ...

Lykidi, Maria

385

The impact of a deregulated European electricity market on Volvo in Sweden  

SciTech Connect (OSTI)

The member countries within the European Union (EU) have agreed to open all national electricity markets for competition, starting January 1, 1999. The electricity market in Sweden is deregulated since January 1, 1996. The deregulation of the electricity markets will gradually shift the electricity price levels in different countries towards an equal price level, which will most likely be close to the levels on the Continental Europe. A deregulated European electricity market may change the competition situation for Swedish industries dramatically. The capacity in electric generation with low operating costs in Sweden has led to very low electricity prices and high usage level compared to other EU countries. The consumption level of electric energy per capita is nearly three times higher in Sweden than the average per capita EU usage. The high level of electricity consumption is typical also of industrial customers in Sweden. Studies of Volvo Car Corporation have shown that the Volvo car plant in Torslanda, Sweden utilizes substantially more electric energy per manufactured car than the Volvo car plant in Gent, Belgium. A method is developed to transform the Torslanda plant from a low energy efficiency state to a higher energy efficiency state by modeling. The method is based on the Life Cycle Cost (LCC) concept and includes optimization models of the two plants with mixed integer linear programming (MILP).

Dag, S.

1998-07-01T23:59:59.000Z

386

CONGESTION IN THE ISO-NE ELECTRICITY MARKETS ANNA BARBARA IHRIG  

E-Print Network [OSTI]

CONGESTION IN THE ISO-NE ELECTRICITY MARKETS BY ANNA BARBARA IHRIG THESIS Advisor: Prof. George in charge of operation and control, the ISO-NE. We describe how the ISO-NE administers the energy market in causing congestion is analyzed; no significant correlation was found. In addition, the impacts of the ISO

Gross, George

387

2012 Wholesale Power and Transmission Rate  

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

the meaning given such term in section 3.3.5. "COU Parties' PF Rate" means any BPA wholesale power rate for service to COUs' "general requirements" (as defined in section...

388

Analysis on various pricing scenarios in a deregulated electricity market  

E-Print Network [OSTI]

The electricity pricing structure in Texas has changed after deregulation (January 2002). The Energy Systems Laboratory has served as a technical consultant on electricity purchases to several universities in the Texas A&M University System since...

Afanador Delgado, Catalina

2006-10-30T23:59:59.000Z

389

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

E-Print Network [OSTI]

when there are capacity shortfalls, and the following four market structures: 1. Load is responsiveCSMAE06 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

390

Three-part auctions versus self-commitment in day-ahead electricity markets Ramteen Sioshansi a  

E-Print Network [OSTI]

2010 Keywords: Day-ahead electricity market Centralized market Unit commitment Self they are online. Other types of generating units, such as combined-cycle gas turbines (CCGT) and cascadedThree-part auctions versus self-commitment in day-ahead electricity markets Ramteen Sioshansi

Oren, Shmuel S.

391

Power Marketing Administrations Leading the Nation's Transition...  

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

four OASIS sites, an Internet-based system for obtaining services and for moving wholesale quantities of electricity. Revising Western's Large Generator Interconnection...

392

Bulk Power System Dynamics and Control -VI, August 22-27, 2004, Cortina d'Ampezzo, Italy Transmission Investment in Competitive Electricity Markets  

E-Print Network [OSTI]

Transmission Investment in Competitive Electricity Markets Javier Contreras George Gross E.T.S. de Ingenieros

Gross, George

393

Optimal Contract for Wind Power in Day-Ahead Electricity Markets  

E-Print Network [OSTI]

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

Adlakha, Sachin

394

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

E-Print Network [OSTI]

Evaluating Government's Policies on Promoting Smart Metering Diffusion in Retail Electricity on promoting smart metering in the U.K. retail electricity market. We break down the policy into four possible recommendations for the energy mar- ket is the adoption of smart metering technology, which, in addition

Tesfatsion, Leigh

395

Lurching towards Markets for Power: China's Electricity Policy 1985-2007  

E-Print Network [OSTI]

and increasing energy consumption, the Chinese government faces growing pressure to maintain a consistent balance1 Lurching towards Markets for Power: China's Electricity Policy 1985-2007 Xiaoli Zhaoiiii, * , Thomas P. Lyonii , Cui Song iiii Abstract China's electricity industry has experienced two major stages

Lyon, Thomas P.

396

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

E-Print Network [OSTI]

Analysis of Competitive Electricity Markets under a New Model of Real-Time Retail Pricing with Ex for Information and Decision Systems, Massachusetts Institute of Technology, Cambridge, MA, USA {mardavij, mdrine loop system. Under this pricing mechanism, electricity is priced at the exant´e price (calculated based

Bhatia, Sangeeta

397

Open Automated Demand Response Communications in Demand Response for Wholesale Ancillary Services  

E-Print Network [OSTI]

in Demand Response for Wholesale Ancillary Services Silain Demand Response for Wholesale Ancillary Services Silasuccessfully in the wholesale non- spinning ancillary

Kiliccote, Sila

2010-01-01T23:59:59.000Z

398

An Empirical Investigation of the Welfare Effects of Banning Wholesale Price Discrimination  

E-Print Network [OSTI]

legislation, which bans wholesale price discrimination, in awhere manufacturers wholesale price discriminate amongNo. 92-466 (1993); for wholesale pharmaceutics see http://

Villas-Boas, Sofia B

2008-01-01T23:59:59.000Z

399

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

E-Print Network [OSTI]

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.

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

2006-01-01T23:59:59.000Z

400

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

E-Print Network [OSTI]

Independent System Operator (MISO) and Southwest PowerTo help inform the debate at MISO and SPP concerning how tosettled using the EIS market. MISO administers a day-ahead

Cappers, Peter

2009-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


401

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

E-Print Network [OSTI]

Power, Easton Utilities, UGI Development, Allegheny ElectricPower, Easton Utilities, UGI Development, Edison ( Homer

Mansur, Erin T.

2003-01-01T23:59:59.000Z

402

Microsoft Word - Enable New Products Services and Markets_Final...  

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

(e.g., ability to accommodate disturbances or frequency variations). Retail and wholesale markets can play a major role in the management of these variables. The challenge...

403

EPRI Electric GSE Market Penetration Issues Round Table Proceedings: September 2001  

SciTech Connect (OSTI)

Due to the unfortunate incidents of September 11, 2001, the EPRI Electric GSE Market Penetration Issues Round Table Meeting scheduled to be held in Washington, D.C. was canceled. However, these meetings are vital to bring together the players in the electric ground support equipment industry that identify and address key issues surrounding the deployment of electric GSE. These meeting proceedings are the presentations that were to be used by the speakers of this meeting.

None

2001-11-01T23:59:59.000Z

404

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

E-Print Network [OSTI]

and the Natural Gas markets and the conditions and influences on both markets. Load-growth influences the need) and supply (availability of resources). In the case of natural gas the fuel may be indigenous to an area American countries is to ensure sufficient capacity and investment to reliably serve their growing

Dixon, Juan

405

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

E-Print Network [OSTI]

Abstract: In this paper, we develop a novel electric power supply chain network model with fuel supply markets that captures both the economic network transactions in energy supply markets and the physical that the regional electric power prices simulated by the proposed model very well match the actual electricity

Nagurney, Anna

406

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

E-Print Network [OSTI]

We formulate a series of stochastic models for committing and dispatching electric generators subject to transmission limits. The models are used to estimate the benefits of electricity locational marginal pricing (LMP) that arise from better...

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

407

Market-based Investment in Electricity Transmission Networks: Controllable Flow  

E-Print Network [OSTI]

in new lines, rather than small-scale network upgrades. Whereas market-based transmission investment may mitigate the problem of under- investment, it is unlikely to suffice alone and thus regulated projects by the designated transmission system... aims at transmission of bulk power to be less than small-scale AC network deepening projects; even if these AC projetcs are small scale, they may be large compared to the size of their market. The DC-interconnector projects in the USA are typically...

Brunekreeft, Gert

2004-06-16T23:59:59.000Z

408

Role of CCTs in the evolving domestic electricity market  

SciTech Connect (OSTI)

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.

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

1997-12-31T23:59:59.000Z

409

Electricity market equilibrium models: The effect of parametrization  

E-Print Network [OSTI]

by Green and Newbery [1], takes the develop- ment of supply function equilibrium by Klemperer and Meyer [8] and applies it to a bid-based pool (BBP) model. The BBP model is representative of energy market struc- ture attempts to clarify this issue in the context of a BBP. In modeling the England and Wales BBP, Green

Baldick, Ross

410

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

E-Print Network [OSTI]

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 ...

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

2013-01-01T23:59:59.000Z

411

A Unifying Approach to Assessing Market Power in Deregulated Electricity Markets  

E-Print Network [OSTI]

as we move toward a future smart grid that includes significant penetration of renewable energy-ante. They are useful for tasks such as market design evaluation, merger analysis, operation planning, as well

Mohsenian-Rad, Hamed

412

Hybrid & electric vehicle technology and its market feasibility ; Hybrid and electric vehicle technology and its market feasibility ; HEV technology and its market feasibility ; PHEV technology and its market feasibility ; EV technology and its market feasibility .  

E-Print Network [OSTI]

??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… (more)

Jeon, Sang Yeob

2010-01-01T23:59:59.000Z

413

Proc. Bulk Power Systems Dynamics and Control{V, Onomichi, Japan, August 2001. Pricing System Security in Electricity Markets  

E-Print Network [OSTI]

the pro- posed techniques. Keywords|Electricity markets, locational marginal prices (LMP), security of the presented techniques, a methodology to deter- mine \

Cañizares, Claudio A.

414

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network [OSTI]

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

Borenstein, Severin

2008-01-01T23:59:59.000Z

415

Competition and contracts in the Nordic Residential Electricity Markets  

E-Print Network [OSTI]

SCB figures. 14 http://www.scb.se/templates/tableOrChart____92219.asp 15 The lower proportion in apartments may reflect lower potential savings from lower usage, or rental versus ownership, or the predominance of district heating in apartments... 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 particularly British Gas are better able...

Littlechild, Stephen C

2006-03-14T23:59:59.000Z

416

Financing arrangements and industrial organisation for new nuclear build in electricity markets  

E-Print Network [OSTI]

through different contractual and organisational arrangements. It argues that significant risk transfers onto governments, consumers, and, vendors are likely to be needed to make nuclear power attractive to investors in liberalised markets, at least... on corporate financing or some form of hybrid arrangement backed by the balance sheet of one or a consortium of large vertically integrated companies. Keywords electricity market, nuclear, financing JEL Classification D24, G3, L38, N7, Q48 Contact finon...

Finon, Dominique; Roques, Fabien A

417

Santee-3-E Wholesale Power Rate Schedule | Department of Energy  

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

Santee-3-E Wholesale Power Rate Schedule Santee-3-E Wholesale Power Rate Schedule Area: None System: Georgia-Alabama-South Carolina This rate schedule shall be available to public...

418

The role of regional power pools in support of a competitive electric power market  

SciTech Connect (OSTI)

The regulated, vertically integrated electric utility industry is transitioning to a competitive market structure. Change is driven by new technologies, competition, markets and customers. Electric industry restructuring must focus on bringing the benefits of competition to all consumers; a market system producing lower costs through competitive efficiencies, not zero-sum games of cost shifting and cost avoidance; and a transparent, open market that provides opportunity for all to compete to serve all customers. Customers want choice, flexibility and reliability. To this end, Edison has developed a pool-based proposal. All electric systems that have transitioned from a regulated to a competitive market model, such as UK, Norway, New Zealand and Alberta have relied on a pool-based structure. Edison`s proposal has become known as POOLCO, and it separates financial transactions from physical operation of the system, giving customers the choice of service through bilateral commercial contracts, yet assuring coordinated, reliable system operation. Independent and unaffiliated with any utility, it would make a real-time, voluntary spot power market; dispatch supply; provide open, comparable transmission access and perform the balancing or settlement function, based on visible, competitive future requires resolution of some important policy issues--recovery of costs prudently incurred under the current regulatory structure; jurisdictional clarity between federal and state regulatory authority; and size, scope and recovery of costs associated with energy policy programs.

Budhraja, V. [Southern California Edison, Rosemead, CA (United States)

1995-12-31T23:59:59.000Z

419

Liberalising the Dutch Electricity Market: 1998-2004  

E-Print Network [OSTI]

interesting experience has been with the liberalization 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... , prices of generators were uniform; hence, this aspect did not lead to competitive pressure. More importantly, while the Act limited large-scale production to the existing generators, it also allowed self-generation by industry and CHP production...

van Damme, Eric

2006-03-14T23:59:59.000Z

420

2007 Wholesale Power Rate Case Initial Proposal : Wholesale Power Rate Development Study.  

SciTech Connect (OSTI)

The Wholesale Power Rate Development Study (WPRDS) calculates BPA proposed rates based on information either developed in the WPRDS or supplied by the other studies that comprise the BPA rate proposal. All of these studies, and accompanying documentation, provide the details of computations and assumptions. In general, information about loads and resources is provided by the Load Resource Study (LRS), WP-07-E-BPA-01, and the LRS Documentation, WP-07-E-BPA-01A. Revenue requirements information, as well as the Planned Net Revenues for Risk (PNNR), is provided in the Revenue Requirement Study, WP-07-E-BPA-02, and its accompanying Revenue Requirement Study Documentation, WP-07-E-BPA-02A and WP-07-E-BPA-02B. The Market Price Forecast Study (MPFS), WP-07-E-BPA-03, and the MPFS Documentation, WP-07-E-BPA-03A, provide the WPRDS with information regarding seasonal and diurnal differentiation of energy rates, as well information regarding monthly market prices for Demand Rates. In addition, this study provides information for the pricing of unbundled power products. The Risk Analysis Study, WP-07-E-BPA-04, and the Risk Analysis Study Documentation, WP-07-E-BPA-04A, provide short-term balancing purchases as well as secondary energy sales and revenue. The Section 7(b)(2) Rate Test Study, WP-07-E-BPA-06, and the Section 7(b)(2) Rate Test Study Documentation, WP-07-E-BPA-06A, implement Section 7(b)(2) of the Northwest Power Act to ensure that BPA preference customers firm power rates applied to their general requirements are no higher than rates calculated using specific assumptions in the Northwest Power Act.

United States. Bonneville Power Administration.

2007-11-01T23:59:59.000Z

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


421

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

SciTech Connect (OSTI)

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.

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

2013-05-01T23:59:59.000Z

422

Weighing the Costs and Benefits of Renewables Portfolio Standards: A Comparative Analysis of State-Level Policy Impact Projections  

E-Print Network [OSTI]

24 Wholesale Energy and Capacity Price Changes Projected byImpacts to Alternative Wholesale Electric Price Scenarios..24 Effect of Wholesale Market Price Reductions on RPS Rate

Chen, Cliff; Wiser, Ryan; Bolinger, Mark

2007-01-01T23:59:59.000Z

423

Open Automated Demand Response Dynamic Pricing Technologies and Demonstration  

E-Print Network [OSTI]

in Demand Response for Wholesale Ancillary Services. ” Incan be used to link wholesale and retail real-time prices.11 Wholesale Electricity Market Information

Ghatikar, Girish

2010-01-01T23:59:59.000Z

424

Coordinating a Constrained Channel with Linear Wholesale Price Contracts.  

E-Print Network [OSTI]

Coordinating a Constrained Channel with Linear Wholesale Price Contracts. Navid Sabbaghi, Yossi, there is a set of linear wholesale price contracts that coordinates the channel while allowing the supplier-supplier/one-newsvendor channel configuration (with each supplier selling a unique product). We analyze how this set of wholesale

Tsitsiklis, John

425

Safeguarding Truck-Shipped Wholesale and Retail Fuels (STSWRF)  

E-Print Network [OSTI]

Safeguarding Truck-Shipped Wholesale and Retail Fuels (STSWRF) Oak Ridge National Laboratory at the wholesaler/distributor level or below. This presents additional challenges in tracking untaxed fuel after approved ORNL's plan to conduct a Phase II Pilot Test titled Safeguarding Truck-Shipped Wholesale

426

Dutch Wholesale Company Highway 57 North Elnora, IN 47529  

E-Print Network [OSTI]

2011 Dutch Wholesale Company Highway 57 North · Elnora, IN 47529 TOLL FREE: (800) 472-9178 · FAX States only. J enclosed is a check payable to Dutch Wholesale Company J J please send payment with your! Thank You! Dutch Wholesale Company Highway 57 North Elnora, IN 47529 Phone: (800) 472-9178 Fax: (812

427

Ownership Unbuilding in Electricity Markets - A Social Cost Benefit Analysis of the German TSO'S  

E-Print Network [OSTI]

OWNERSHIP UNBUNDLING IN ELECTRICITY MARKETS - A SOCIAL COST BENEFIT ANALYSIS OF THE GERMAN TSO’S Gert Brunekreeft1 Jacobs University Bremen Campus Ring 1 D-28759 Bremen Germany Email: g.brunekreeft@jacobs-university.de Version 2, August 11... , 2008 Abstract: This paper presents a social cost benefit analysis of ownership unbundling (as compared to legal und functional unbundling) of the electricity transmission system operators in Germany. The study relies on the Residual Supply Index...

Brunekreeft, Gert

428

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

E-Print Network [OSTI]

of East Anglia CCR Working Paper CCR 03-6 Abstract The UK energy regulator claims that prices are set: Energy: Pricing, Market Power Acknowledgements: We are grateful for financial support from the Economic a lower absolute quantity of energy than those who are richer. Prices for different consumption levels

Feigon, Brooke

429

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

E-Print Network [OSTI]

traded in the forward and spot markets was for delivery at the same times and locations, prices often profits by producing less than the quantity that would drive price to the firm's marginal cost sequential small trades, it can effectively price discriminate, trading until the profit on the marginal

Kammen, Daniel M.

430

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

SciTech Connect (OSTI)

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

Loose, Verne W.

2011-01-01T23:59:59.000Z

431

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

SciTech Connect (OSTI)

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

Sikes, Karen [Sentech, Inc.; Gross, Thomas [Sentech, Inc.; Lin, Zhenhong [ORNL; Sullivan, John [University of Michigan Transportation Research Institute; Cleary, Timothy [Sentech, Inc.; Ward, Jake [U.S. Department of Energy

2010-02-01T23:59:59.000Z

432

The Creation of a Market for Retail Electricity Supply  

E-Print Network [OSTI]

to buy capacity and energy if generators began poaching customers. The Area Boards were not attracted to these solutions. Wind-down failed to address their concern about the proper level of electricity prices. Back-to- back contracts would hardly... prices for energy, allied to a distributors’ monopoly over supply to regulated customers within their licensed areas; or 2) open competition in supply, with a flotation value for the generators reflecting the resultant volatility of profits...

Littlechild, Stephen

433

Market Power and Technological Bias: The Case of Electricity Generation  

E-Print Network [OSTI]

, the intermittent nature of output from wind turbines and solar panels is frequently discussed as a potential obstacle to larger scale application of these tech- nologies. Contributions of 10-20% of electrical energy from individual intermittent technologies create... fixed, exogenously set, strike price. The results are not sensitive to the strike price - but further research is required to assess the impact of multiple types of option contracts with different strike prices. The outline of this paper is as follows...

Twomey, Paul; Neuhoff, Karsten

2006-03-14T23:59:59.000Z

434

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

E-Print Network [OSTI]

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

California at Davis, University of

435

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

E-Print Network [OSTI]

FIRST PRICE AND SECOND PRICE AUCTION MODELLING FOR ENERGY CONTRACTS IN LATIN AMERICAN ELECTRICITY and capacity markets have been investigated for this purpose. Latin American mar- kets are exploring energy object first-price auction and single object second- price auction. These formats are analyzed under

Catholic University of Chile (Universidad Católica de Chile)

436

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

E-Print Network [OSTI]

PWP-063 ZONAL PRICING AND DEMAND-SIDE BIDDING IN THE NORWEGIAN ELECTRICITY MARKET Tor Arnt Johnsen of the Program on Workable Energy Regulation (POWER). POWER is a program of the University of California Energy. University of California Energy Institute 2539 Channing Way Berkeley, California 94720-5180 www

California at Berkeley. University of

437

The impact of electricity market schemes on predictability being a decision factor in the wind farm  

E-Print Network [OSTI]

The impact of electricity market schemes on predictability being a decision factor in the wind farm used criterion of capacity factor on the investment phase of a wind farm and on spatial planning, it is now recognized that accurate short-term forecasts of wind farms´ power output over the next few hours

Paris-Sud XI, Université de

438

Probabilistic Optimal Power Flow in Electricity Markets Based on a Two-Point Estimate Method  

E-Print Network [OSTI]

in an "unpredictable" manner; hence, probability distributions of locational marginal prices are calculated as a result unpredictable, which can be considered as one of the main factors for electricity price volatility in some markets. Another "by- product" of deregulation is the reduction in power system stability margins

Cañizares, Claudio A.

439

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

E-Print Network [OSTI]

When prices are set properly, they serve as important signals to guide customers to consume the efficient quantity of a good. However, in electricity markets many consumers do not pay prices that reflect the scarcity of power. The true social cost...

Fontana, Michelle

2011-08-08T23:59:59.000Z

440

"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 previously developed models of dynamic oligopoly pricing, estimates are provided of how rapidly and how far of competition in long distance telephone service the United States, where they "predict" AT&T dynamic price

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


441

Benefits and Challenges of Achieving a Mainstream Market for Electric Vehicles  

SciTech Connect (OSTI)

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

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

2010-08-01T23:59:59.000Z

442

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

SciTech Connect (OSTI)

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

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

1995-03-01T23:59:59.000Z

443

The transmission system as main actor in electricity market development in Romania  

SciTech Connect (OSTI)

At the beginning of 1998, Romanian Electricity Authority (RENEL) was a fully integrated generation, transmission and distribution company, which managed all aspects of planning, design, and operation of Romania' s electricity sector. This form of vertically integrated organization has enabled to develop the high voltage transmission system in order to transfer electricity from the large power plants on indigenous coal (lignite) to the deficit electricity areas. An analysis based on specific characteristics of Romanian Transmission System allows the identification of a suitable model cost for transmission services evaluation. The transmission electricity tariff as a market tool has become a necessity for the heterogeneous Romanian power systems from the repartition of the generation against the demand location point of view. The experience of the power system development planner shows that the most suitable model for the transmission electricity system cost assessment is the rated zones in order to reflect the geographical imbalance of generation and demand and the ability of the transmission system to accommodate this imbalance. Setting principles for the cost evaluation has to be sustained by the service evaluation on the grid nodes at the interface between transmission system and distribution system. This cost evaluation under the form of incentives for new producers has to be reconsidered year by year taking into account the evolution in time both production side and demand side. The incentives have to be addressed directly to the producers and must be strong enough to provide an efficient reliable operation of the whole power system. Transmission planners have to develop new approaches to deal with the uncertainties of the market; a combination of market forces and regulation seems to ensure the best way for the quality and security of the power system beside of the efficiency of all actors from the electricity market.

Petrescu, A.M.; Mihailescu, F.

1998-07-01T23:59:59.000Z

444

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

E-Print Network [OSTI]

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

Wohl, J.

445

Computing Cournot Equilibria in Two Settlement Electricity Markets with Transmission Constraints1  

E-Print Network [OSTI]

-restructured markets are being incorporated in market reforms and new market designs. While there are significant

Oren, Shmuel S.

446

Wholesale Power and Transmission Rate Projections 1993--2014 and Historical Wholesale Power Rates 1939--1992.  

SciTech Connect (OSTI)

This document provides a range of high, medium, and low case long-term projections of Bonneville Power Administration`s (BPA) wholesale power rates and a medium case long-term projection of BPA`s wheeling rates. These projections are produced annually by BPA. BPA uses these projections in long-term marketing, resource, transmission, and financial planning assessments. BPA`s projections also are used by public utility commissions, utilities, and others for a variety of planning purposes. The analysis used for these rate projections assumes that current rate making methodologies continue into the future and are further based on certain assumptions about regional loads, extra-regional markets, the costs of resources, BPA`s financial requirements, and the capability of the region`s power plants. While these projections are intended to address the overall uncertainty in rate levels, BPA realizes that the future will not reflect any specific set of assumptions. The rate projections in this document have been prepared prior to the Draft 1993 BPA Marketing Plan, the implementation of which is almost certain to push BPA away from any set of assumptions in this document. Therefore, this document can be thought of as representing the ``old`` BPA with its products and policies. It can be viewed as a starting point or reference point to measure the impact of the ``new`` BPA with its Marketing Plan, and the broader undertaking referred to as the Competitiveness Project.

US Bonneville Power Administration

1993-11-01T23:59:59.000Z

447

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

SciTech Connect (OSTI)

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

Zavala, V. M.; Thomas, C.; Zimmerman, M.; Ott, A. (Mathematics and Computer Science); (Citizens Utility Board); (BuildingIQ Pty Ltd, Australia); (PJM Interconnection LLC)

2011-08-11T23:59:59.000Z

448

National Electric Transmission Congestion Studies | Department...  

Office of Environmental Management (EM)

or potential generation sources without violating reliability requirements. Because wholesale power purchasers typically seek to buy the least expensive electricity available, if...

449

Case Study-Talquin Electric Cooperative  

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

substation during a winter peak event and saved 12,000 in demand charges from their wholesale electricity provider. Mr. Eugene Kanikovsky, Director of Finance, believes it is...

450

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

E-Print Network [OSTI]

schemes on power prices: The case of wind electricity inand Wind Penetration. IEEE Transactions on Power Systems 27,of wind (50%), PV (35%), and concentrating solar power (CSP,

Darghouth, Naim

2014-01-01T23:59:59.000Z

451

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

E-Print Network [OSTI]

Rate and Cost Issues with Renewable Development Workshop,and Issues. Interstate Renewable Energy Council, Latham, NY.of Energy Storage with Renewable Electricity Generation (

Darghouth, Naim

2014-01-01T23:59:59.000Z

452

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

E-Print Network [OSTI]

An Analysis of Price Volatility in Different Spot Markets for Electricity in the U.S.A. by Tim important feature. Spot prices for electricity have been very volatile with dramatic price spikes occurring insight into the behavior of spot prices for electricity, and in particular, to model the type

453

Empirical Evidence on the Role of Non Linear Wholesale Pricing and Vertical Restraints on Cost Pass-Through  

E-Print Network [OSTI]

Welfare E?ects of Banning Wholesale Price Discrimination,”non linear contracts when wholesale price discrimination ison the role of non- linear wholesale pricing and vertical

Celine, Bonnet; Dubois, Pierre; Villas-Boas, Sofia B.

2009-01-01T23:59:59.000Z

454

Empirical analysis of the spot market implications ofprice-elastic demand  

SciTech Connect (OSTI)

Regardless of the form of restructuring, deregulated electricity industries share one common feature: the absence of any significant, rapid demand-side response to the wholesale (or, spotmarket) price. For a variety of reasons, electricity industries continue to charge most consumers an average cost based on regulated retail tariff from the era of vertical integration, even as the retailers themselves are forced to purchase electricity at volatile wholesale prices set in open markets. This results in considerable price risk for retailers, who are sometimes forbidden by regulators from signing hedging contracts. More importantly, because end-users do not perceive real-time (or even hourly or daily) fluctuations in the wholesale price of electricity, they have no incentive to adjust their consumption in response to price signals. Consequently, demand for electricity is highly inelastic, and electricity generation resources can be stretched to the point where system stability is threatened. This, then, facilitates many other problems associated with electricity markets, such as market power and price volatility. Indeed, economic theory suggests that even modestly price-responsive demand can remove the stress on generation resources and decrease spot prices. To test this theory, we use actual generator bid data from the New York control area to construct supply stacks, and intersect them with demand curves of various slopes to approximate different levels of demand elasticity. We then estimate the potential impact of real-time pricing on the equilibrium spot price and quantity. These results indicate the immediate benefits that could be derived from a more price-elastic demand. Such analysis can provide policymakers with a measure of how effective price-elastic demand can potentially reduce prices and maintain consumption within the capability of generation resources.

Siddiqui, Afzal S.; Bartholomew, Emily S.; Marnay, Chris

2004-07-08T23:59:59.000Z

455

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

E-Print Network [OSTI]

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

Martin, Alexander; Pokutta, Sebastian

2012-01-01T23:59:59.000Z

456

Effects of Temporal Wind Patterns on the Value of Wind-Generated Electricity in California and the Northwest  

SciTech Connect (OSTI)

Wind power production is variable, but also has diurnal and seasonal patterns. These patterns differ between sites, potentially making electric power from some wind sites more valuable for meeting customer loads or selling in wholesale power markets. This paper investigates whether the timing of wind significantly affects the value of electricity from sites in California and the Northwestern United States. We use both measured and modeled wind data and estimate the time-varying value of wind power with both financial and load-based metrics. We find that the potential difference in wholesale market value between better-correlated and poorly correlated wind sites is modest, on the order of 5-10 percent. A load-based metric, power production during the top 10 percent of peak load hours, varies more strongly between sites, suggesting that the capacity value of different wind projects could vary by as much as 50 percent based on the timing of wind alone.

Wiser, Ryan H; Wiser, Ryan H; Fripp, Matthias

2008-05-01T23:59:59.000Z

457

Electric and gas utility marketing of residential energy conservation case studies  

SciTech Connect (OSTI)

The objective of this research was to obtain information about utility conservation marketing techniques from companies actively engaged in performing residential conservation services. Many utilities currently are offering comprehensive services (audits, listing of contractors and lenders, post-installation inspection, advertising, and performing consumer research). Activities are reported for the following utilities: Niagara Mohawk Power Corporation; Tampa Electric Company; Memphis Light, Gas, and Water Division; Northern States Power-Wisconsin; Public Service Company of Colorado; Arizona Public Service Company; Pacific Gas and Electric Company; Sacramento Municipal Utility District; and Pacific Power and Light Company.

None

1980-05-01T23:59:59.000Z

458

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

E-Print Network [OSTI]

including geothermal, small hydro, and biogas, as well as noby biomass, 1.5% by small hydro, and 0.3% by PV. The pricebiomass, geothermal, and small hydro electricity generation

Darghouth, Naim

2014-01-01T23:59:59.000Z

459

Modelling Dynamic Constraints in Electricity Markets and the Costs of Uncertain Wind Output  

E-Print Network [OSTI]

. Keywords: Electricity Markets, Energy Modelling, Optimisation Models, JEL-classification: C61, Q41 Author Affiliations: Felix Müsgens Graduate School of Risk Manage- ment and Institute of Energy Economics University of Köln Albertus... cycle ( maxt min,1t min,2t min maxt t 1 d d ? visualizes this structure. Figure 1: Energy Prices with Inter-temporal Constraints tmin,1 tmax P ric e tpart,2 tmin2tpart,1 tpart,3 Costs for Fuel + Start up + Part load operation Demand...

Musgens, Felix; Neuhoff, Karsten

2006-03-14T23:59:59.000Z

460

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

SciTech Connect (OSTI)

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

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

2012-04-01T23:59:59.000Z

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


461

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

SciTech Connect (OSTI)

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

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

2012-04-01T23:59:59.000Z

462

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

SciTech Connect (OSTI)

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

Baek, Young Sun [ORNL; Hadley, Stanton W [ORNL

2012-01-01T23:59:59.000Z

463

Computing Cournot Equilibria in Two Settlement Electricity Markets with Transmission Constraints  

E-Print Network [OSTI]

in the early-restructured markets are being incorporated in market reforms and new market designs. While

464

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

E-Print Network [OSTI]

electricity markets in the US, relies on locational marginal prices for energy to price and manage congestion of the incentive structures proposed in the literature have been broadly adopted. 1 While locational m

Oren, Shmuel S.

465

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

SciTech Connect (OSTI)

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

Soutworth, Finis; Gauthier, Jean-Claude; Lecomte, Michel [AREVA, 3315 Old Forest Road, Lynchburg, Virginia, 24506 (United States); Carre, Franck [CEA, Saclay (France)

2007-07-01T23:59:59.000Z

466

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

SciTech Connect (OSTI)

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

Warwick, William M.

2002-06-03T23:59:59.000Z

467

Chapter 3 inMarket Analysis and Resource Managementedited by A. Faruqui and K. Eakin, Kluwer Publishers, March 2002 2 Restructuring the Electric Enterprise  

E-Print Network [OSTI]

, every user, producer, distributor and broker of electricity buys and sells, competes and cooperates regulators are moving toward permitting and encouraging a competitive market in electric power Publishers, March 2002 2 Chapter 3 Restructuring the Electric Enterprise Simulating the Evolution

Amin, S. Massoud

468

Western Interconnection Energy Imbalance Market Status and Prospects (Presentation)  

SciTech Connect (OSTI)

This presentation describes how a new wholesale electricity market for energy imbalance ancillary services could be implemented and operated. Some conclusions of this presentation are: (1) Method for calculating additional reserve requirements due to wind and solar production; (2) EIM results in substantial reduction in reserves requirements and ramping demand; (3) Reduced participation reduces benefits for all but reduces the benefits to non-participants the most; (4) Full participation leads to maximum benefit across the Western Interconnection, up to 42% of total reserve requirement; and (5) Regional EIM implementations have smaller but substantial benefits.

Milligan, M.; Kirby, B.; King, J.; Beuning, S.

2011-10-01T23:59:59.000Z

469

Countervailing Power in Wholesale Pharmaceuticals Sara Fisher Ellison Christopher M. Snyder  

E-Print Network [OSTI]

Countervailing Power in Wholesale Pharmaceuticals Sara Fisher Ellison Christopher M. Snyder M liter- ature. We test the theories using data on wholesale prices for antibiotics sold to large

Lotko, William

470

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]

Mobile Electricity” Technologies, Early California Household Markets, and Innovation ManagementMobile Electricity” Technologies, Early California Household Markets, and Innovation Managementtechnology-management, and strategic-marketing lenses to the problem of commercializing H 2 FCVs, other EDVs, and other Mobile

Williams, Brett D

2010-01-01T23:59:59.000Z

471

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

E-Print Network [OSTI]

to electricity markets, given the need for planning and executing major midterm investments in an environment, renewable energy, renewable integration, electricity regulation I. INTRODUCTION EALING with uncertainty has and provision of voltage/reactive power support resources in order to tackle the short and medium term

Dixon, Juan

472

Comments of the National Rural Electric Cooperative Association...  

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

wholesale power to their distribution Cooperative member-owners. Comments of the National Rural Electric Cooperative Association, Request for Information Addressing Policy and...

473

Variance Optimal Hedging for discrete time processes with independent increments. Application to Electricity Markets  

E-Print Network [OSTI]

We consider the discretized version of a (continuous-time) two-factor model introduced by Benth and coauthors for the electricity markets. For this model, the underlying is the exponent of a sum of independent random variables. We provide and test an algorithm, which is based on the celebrated Foellmer-Schweizer decomposition for solving the mean-variance hedging problem. In particular, we establish that decomposition explicitely, for a large class of vanilla contingent claims. Interest is devoted in the choice of rebalancing dates and its impact on the hedging error, regarding the payoff regularity and the non stationarity of the log-price process.

Goutte, Stéphane; Russo, Francesco

2012-01-01T23:59:59.000Z

474

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]

Mobile Electricity” Technologies, Early California Household Markets, and Innovation Managementtechnology-management, and strategic-marketing lenses to the problem of commercializing H 2 FCVs, other EDVs, and other Mobile

Williams, Brett D

2007-01-01T23:59:59.000Z

475

Empirical Analysis of the Spot Market Implications ofPrice-Responsive Demand  

SciTech Connect (OSTI)

Regardless of the form of restructuring, deregulatedelectricity industries share one common feature: the absence of anysignificant, rapid demand-side response to the wholesale (or, spotmarket) price. For a variety of reasons, most electricity consumers stillpay an average cost based regulated retail tariff held over from the eraof vertical integration, even as the retailers themselves are oftenforced to purchase electricity at volatile wholesale prices set in openmarkets. This results in considerable price risk for retailers, who aresometimes additionally forbidden by regulators from signing hedgingcontracts. More importantly, because end-users do not perceive real-time(or even hourly or daily) fluctuations in the wholesale price ofelectricity, they have no incentive to adjust their consumptionaccordingly. Consequently, demand for electricity is highly inelastic,which together with the non storability of electricity that requiresmarket clearing over very short time steps spawn many other problemsassociated with electricity markets, such as exercise of market power andprice volatility. Indeed, electricity generation resources can bestretched to the point where system adequacy is threatened. Economictheory suggests that even modest price responsiveness can relieve thestress on generation resources and decrease spot prices. To quantify thiseffect, actual generator bid data from the New York control area is usedto construct supply stacks and intersect them with demand curves ofvarious slopes to approximate the effect of different levels of demandresponse. The potential impact of real-time pricing (RTP) on theequilibrium spot price and quantity is then estimated. These resultsindicate the immediate benefits that could be derived from a moreprice-responsive demand providing policymakers with a measure of howprices can be potentially reduced and consumption maintained within thecapability of generation assets.

Siddiqui, Afzal S.; Bartholomew, Emily S.; Marnay, Chris

2005-08-01T23:59:59.000Z

476

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

SciTech Connect (OSTI)

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

Not Available

1994-06-01T23:59:59.000Z

477

CSEM WP 132 MARKET POWER IN CALIFORNIA'S  

E-Print Network [OSTI]

and Matthew Lewis May 2004 This paper is part of the Center for the Study of Energy Markets (CSEM) Working the potential for firms in the CaRFG wholesale gasoline industry to exercise market power, examining pricing and market power. Borenstein: Director, University of California Energy Institute (www

California at Berkeley. University of

478

Fiber to the Premise (FTTP) Industry Structure: Implications of a Wholesale-Retail Split  

E-Print Network [OSTI]

Fiber to the Premise (FTTP) Industry Structure: Implications of a Wholesale-Retail Split Anupam. In other cases, either out of choice or regulation, we observe the network owner (the wholesaler) leasing the shared network (wholesale-retail split). The network owner can either wholesale dark fiber or "lit

Sirbu, Marvin

479

Company Name: C&S Wholesale Grocers Web Site: http://weselectthebest.com/  

E-Print Network [OSTI]

Company Name: C&S Wholesale Grocers Web Site: http://weselectthebest.com/ Industry: Wholesale and rewarding. New England-based C&S Wholesale Grocers is the leading supply chain company in the food industry. It is the largest wholesale grocery supplier in the U.S and the 9th-largest privately held company in the nation

New Hampshire, University of

480

Impact on retail prices of non-neutral wholesale prices for content providers  

E-Print Network [OSTI]

Impact on retail prices of non-neutral wholesale prices for content providers Giuseppe D Atlantique Rennes, France Email: bruno.tuffin@irisa.fr Abstract--The impact of wholesale prices is examined equal wholesale prices to the two content providers), the benefits coming from wholesale price

Paris-Sud XI, Université de

Note: This page contains sample records for the topic "wholesale electricity markets" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


481

2007 Wholesale Power Rate Case Initial Proposal : Risk Analysis Study.  

SciTech Connect (OSTI)

The Federal Columbia River Power System (FCRPS), operated on behalf of the ratepayers of the PNW by BPA and other Federal agencies, faces many uncertainties during the FY 2007-2009 rate period. Among these uncertainties, the largest revolve around hydro conditions, market prices and river operations for fish recovery. In order to provide a high probability of making its U.S. Treasury payments, BPA performs a Risk Analysis as part of its rate-making process. In this Risk Analysis, BPA identifies key risks, models their relationships, and then analyzes their impacts on net revenues (total revenues less expenses). BPA subsequently evaluates in the ToolKit Model the Treasury Payment Probability (TPP) resulting from the rates, risks, and risk mitigation measures described here and in the Wholesale Power Rate Development Study (WPRDS). If the TPP falls short of BPA's standard, additional risk mitigation revenues, such as PNRR and CRAC revenues are incorporated in the modeling in ToolKit until the TPP standard is met. Increased wholesale market price volatility and six years of drought have significantly changed the profile of risk and uncertainty facing BPA and its stakeholders. These present new challenges for BPA in its effort to keep its power rates as low as possible while fully meeting its obligations to the U.S. Treasury. As a result, the risk BPA faces in not receiving the level of secondary revenues that have been credited to power rates before receiving those funds is greater. In addition to market price volatility, BPA also faces uncertainty around the financial impacts of operations for fish programs in FY 2006 and in the FY 2007-2009 rate period. A new Biological Opinion or possible court-ordered change to river operations in FY 2006 through FY 2009 may reduce BPA's net revenues included Initial Proposal. Finally, the FY 2007-2009 risk analysis includes new operational risks as well as a more comprehensive analysis of non-operating risks. Both the operational and non-operational risks will be described in Section 2.0 of this study. Given these risks, if rates are designed using BPA's traditional approach of only adding Planned Net Revenues for Risk (PNRR), power rates would need to recover a much larger ''risk premium'' to meet BPA's TPP standard. As an alternative to high fixed risk premiums, BPA is proposing a risk mitigation package that combines PNRR with a variable rate mechanism similar to the cost recovery adjustment mechanisms used in the FY 2002-2006 rate period. The proposed risk mitigation package is less expensive on a forecasted basis because the rates can be adjusted on an annual basis to respond to uncertain financial outcomes. BPA is also proposing a Dividend Distribution Clause (DDC) to refund reserves in excess of $800M to customers in the event net revenues in the next rate period exceed current financial forecasts.

United States. Bonneville Power Administration.

2005-11-01T23:59:59.000Z

482

Trends in demand for retail and wholesale cuts of meat  

E-Print Network [OSTI]

TRENDS IN DEMAND FOR RETAIL AND WHOLESALE CUTS OF MEAT A Thesis by DAVID WAYNE HOLLOWAY Submitted to the Office of Graduate Studies of Texas ARM University in partial fulfillment of the requirements for the degree of MASTER OF SCIENCE... December 1990 Major Subject: Agricultural Economics TRENDS IN DEMAND FOR RETAIL AND WHOLESALE CUTS OF MEAT A Thesis by DAVID WAYNE HOLLOWAY Approved as to style and content by: Donald E. Farris (Chair of Committee) Carl E. Shafer (Member) Rudo J...

Holloway, David Wayne

1990-01-01T23:59:59.000Z

483

Fact #843: October 20, 2014 Cumulative Plug-in Electric Vehicle Sales are Two and a Half Times Higher than Hybrid Electric Vehicle Sales in the First 45 Months since Market Introduction – Dataset  

Broader source: Energy.gov [DOE]

Excel file with dataset for Fact #843: Cumulative Plug-in Electric Vehicle Sales are Two and a Half Times Higher than Hybrid Electric Vehicle Sales in the First 45 Months since Market Introduction

484

Market Technical Analysis for the iMarket Meter Data Management System  

E-Print Network [OSTI]

Based on recent success with Swift’s iMarket Meter Data Management System (MDMS) product in the Southwest Power Pool (SPP), additional wholesale energy markets need to be analyzed to determine the feasibility of marketing and selling the MDMS...

Lowe, Patrick

2005-12-16T23:59:59.000Z

485

Evaluating the potential impact of transmission constraints on the operation of a competitive electricity market in Illinois.  

SciTech Connect (OSTI)

Despite the current adequacy of the generation and transmission system in Illinois, there is concern that the uncertainties of electricity restructuring warrant a more detailed analysis to determine if there might be pitfalls that have not been identified under current conditions. The problems experienced elsewhere in the country emphasize the need for an evaluation of how Illinois might fare under a restructured electricity market. The Illinois Commerce Commission (ICC) commissioned this study to be undertaken as a joint effort by the University of Illinois at Urbana-Champaign and Argonne National Laboratory to evaluate the Illinois situation in the 2007 period when restructuring is scheduled to be fully implemented in the State. The purpose of this study is to make an initial determination if the transmission system in Illinois and the surrounding region would be able to support a competitive electricity market, would allow for effective competition to keep prices in check, and would allow for new market participants to effectively compete for market share. The study seeks to identify conditions that could reasonably be expected to occur that would enable a company to exercise market power in one or more portions of the State and thereby create undue pressure on the prices charged to customers and/or inhibit new market participants from entering the market. The term 'market power' has many different definitions, and there is no universal agreement on how to measure it. For the purposes of this study, the term is defined as the ability to raise prices and increase profitability by unilateral action. A more complete definition is provided later. With this definition, the central question of this analysis becomes: 'Can a company, acting on its own, raise electricity prices and increase its profits?' It should be noted that the intent of the study is not to predict whether or not such market power would be exercised by any company. Rather, it is designed to determine if a set of reasonably expected conditions could allow any company to do so. It should also be emphasized that this study is not intended to be a comprehensive evaluation of the electric power system in the State. Rather, it is intended to identify some issues that may impact the effective functioning of a competitive market.

Cirillo, R.; Thimmapuram, P.; Veselka, T.; Koritarov, V.; Conzelmann, G.; Macal, C.; Boyd, G.; North, M.; Overbye, T.; Cheng, X.; Decision and Information Sciences; Univ. of Illinois

2006-04-30T23:59:59.000Z

486

Design and market considerations for axial flux superconducting electric machine design  

E-Print Network [OSTI]

In this paper, the authors investigate a number of design and market considerations for an axial flux superconducting electric machine design that uses high temperature superconductors. This work was carried out as part of the University of Cambridge's Centre for Entrepreneurial Learning ETECH Project programme, designed to accelerate entrepreneurship and diffusion of innovations based on early stage and potentially disruptive technologies from the University. The axial flux machine design is assumed to utilise high temperature superconductors in both wire (stator winding) and bulk (rotor field) forms, to operate over a temperature range of 65-77 K, and to have a power output in the range from 10s of kW up to 1 MW (typical for axial flux machines), with approximately 2-3 T as the peak trapped field in the bulk superconductors. The authors firstly investigate the applicability of this type of machine as a generator in small- and medium-sized wind turbines, including the current and forecasted market and pricin...

Ainslie, Mark D; Shaw, Robert; Dawson, Lewis; Winfield, Andy; Steketee, Marina; Stockley, Simon

2013-01-01T23:59:59.000Z

487

Media Release: February 14, 2013 A proliferation of electric vehicles for the New Zealand market is still some way off, a University of  

E-Print Network [OSTI]

take 50- 100 years, he said. Dr Miller's electric vehicle project was headed by Electric PowerMedia Release: February 14, 2013 A proliferation of electric vehicles for the New Zealand market is still some way off, a University of Canterbury (UC) Electrical Power Engineering Centre (EPECentre

Hickman, Mark

488

Optimal Control of Plug-In Hybrid Electric Vehicles with Market ...  

E-Print Network [OSTI]

the real-time and day-ahead markets, instead of participating only in the real-time .... Both power system operators and energy market participants thus consider ...

2014-01-13T23:59:59.000Z

489

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

E-Print Network [OSTI]

Management Isenberg School of Management University of Massachusetts Amherst, Massachusetts 01003 August 2007, with a total of 573 generating units, and 10 demand market regions. The empirical case study demonstrates variations. The empirical examples illustrate that both the generating unit responsiveness and the electric

Nagurney, Anna

490

Coordinated Control and Optimization of Virtual Power Plants for Energy and Frequency Regulation Services in Electricity Markets  

E-Print Network [OSTI]

and bidding strategy for VPPs to provide energy balancing and grid frequency regulation services in electricity market environment. In this thesis, the VPP consists of two energy conversion assets: a Doubly Fed Induction Generator (DFIG)-based wind farm and a...

Zhang, Fan

2012-02-14T23:59:59.000Z

491

The More Cooperation, the More Competition? A Cournot Analysis of the Benefits of Electric Market Coupling  

E-Print Network [OSTI]

in timing between interface auctions and the energy spot market. A Cournot market model that accounts for the region’s transmission pricing rules and limitations is used to simulate market outcomes with and without market coupling. This accounts for 1...

Hobbs, Benjamin F; Rijkers, F A M

2006-03-14T23:59:59.000Z

492

Connecting Colorado's Renewable Resources to the Markets in a Cabon-Constrained Electricity Sector  

SciTech Connect (OSTI)

The benchmark goal that drives the report is to achieve a 20 percent reduction in carbon dioxide (CO{sub 2}) emissions in Colorado's electricity sector below 2005 levels by 2020. We refer to this as the '20 x 20 goal.' In discussing how to meet this goal, the report concentrates particularly on the role of utility-scale renewable energy and high-voltage transmission. An underlying recognition is that any proposed actions must not interfere with electric system reliability and should minimize financial impacts on customers and utilities. The report also describes the goals of Colorado's New Energy Economy5 - identified here, in summary, as the integration of energy, environment, and economic policies that leads to an increased quality of life in Colorado. We recognize that a wide array of options are under constant consideration by professionals in the electric industry, and the regulatory community. Many options are under discussion on this topic, and the costs and benefits of the options are inherently difficult to quantify. Accordingly, this report should not be viewed as a blueprint with specific recommendations for the timing, siting, and sizing of generating plants and high-voltage transmission lines. We convened the project with the goal of supplying information inputs for consideration by the state's electric utilities, legislators, regulators, and others as we work creatively to shape our electricity sector in a carbon-constrained world. The report addresses various issues that were raised in the Connecting Colorado's Renewable Resources to the Markets report, also known as the SB07-91 Report. That report was produced by the Senate Bill 2007-91 Renewable Resource Generation Development Areas Task Force and presented to the Colorado General Assembly in 2007. The SB07-91 Report provided the Governor, the General Assembly, and the people of Colorado with an assessment of the capability of Colorado's utility-scale renewable resources to contribute electric power in the state from 10 Colorado generation development areas (GDAs) that have the capacity for more than 96,000 megawatts (MW) of wind generation and 26,000 MW of solar generation. The SB07-91 Report recognized that only a small fraction of these large capacity opportunities are destined to be developed. As a rough comparison, 13,964 MW of installed nameplate capacity was available in Colorado in 2008. The legislature did not direct the SB07-91 task force to examine several issues that are addressed in the REDI report. These issues include topics such as transmission, regulation, wildlife, land use, permitting, electricity demand, and the roles that different combinations of supply-side resources, demand-side resources, and transmission can play to meet a CO{sub 2} emissions reduction goal. This report, which expands upon research from a wide array of sources, serves as a sequel to the SB07-91 Report. Reports and research on renewable energy and transmission abound. This report builds on the work of many, including professionals who have dedicated their careers to these topics. A bibliography of information resources is provided, along with many citations to the work of others. The REDI Project was designed to present baseline information regarding the current status of Colorado's generation and transmission infrastructure. The report discusses proposals to expand the infrastructure, and identifies opportunities to make further improvements in the state's regulatory and policy environment. The report offers a variety of options for consideration as Colorado seeks pathways to meet the 20 x 20 goal. The primary goal of the report is to foster broader discussion regarding how the 20 x 20 goal interacts with electric resource portfolio choices, particularly the expansion of utility-scale renewable energy and the high-voltage transmission infrastructure. The report also is intended to serve as a resource when identifying opportunities stemming from the American Recovery and Reinvestment Act of 2009.

None

2009-12-31T23:59:59.000Z

493

Dynamic ModelingDynamic Modeling the Electric Power Networkthe Electric Power Network  

E-Print Network [OSTI]

criteria to enter the wholesale market DEREGULATION PROCESS: FERC's Order 888 mandated the wheeling at the National Energy Modeling System/Annual Energy Outlook Conference, Washington, DC, March 10, 2003] #12

Oro, Daniel

494

Update On The Wholesale Electricity Price Forecast & Modeling Results  

E-Print Network [OSTI]

Control Board adopted a statewide water quality control policy on the use of Once Through Cooling (OTC Continue to Operate San Onofre 2,3 2,150 Continue to Operate Total 10,797 Continue to Operate Haynes CC 1,334 Retirement Scattergood 1-3 817 Retirement South Bay 1-4 693 Retirement Total 11,127 Retirement Alamitos 1-6 R

495

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

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

Estimating the Value of Electricity Storage Resources in Electricity Markets - EAC 2011 Estimating the Value of Electricity Storage Resources in Electricity Markets - EAC 2011 The...

496

Customer Strategies for Responding to Day-Ahead Market HourlyElectricity Pricing  

SciTech Connect (OSTI)

Real-time pricing (RTP) has been advocated as an economically efficient means to send price signals to customers to promote demand response (DR) (Borenstein 2002, Borenstein 2005, Ruff 2002). However, limited information exists that can be used to judge how effectively RTP actually induces DR, particularly in the context of restructured electricity markets. This report describes the second phase of a study of how large, non-residential customers' adapted to default-service day-ahead hourly pricing. The customers are located in upstate New York and served under Niagara Mohawk, A National Grid Company (NMPC)'s SC-3A rate class. The SC-3A tariff is a type of RTP that provides firm, day-ahead notice of hourly varying prices indexed to New York Independent System Operator (NYISO) day-ahead market prices. The study was funded by the California Energy Commission (CEC)'s PIER program through the Demand Response Research Center (DRRC). NMPC's is the first and longest-running default-service RTP tariff implemented in the context of retail competition. The mix of NMPC's large customers exposed to day-ahead hourly prices is roughly 30% industrial, 25% commercial and 45% institutional. They have faced periods of high prices during the study period (2000-2004), thereby providing an opportunity to assess their response to volatile hourly prices. The nature of the SC-3A default service attracted competitive retailers offering a wide array of pricing and hedging options, and customers could also participate in demand response programs implemented by NYISO. The first phase of this study examined SC-3A customers' satisfaction, hedging choices and price response through in-depth customer market research and a Constant Elasticity of Substitution (CES) demand model (Goldman et al. 2004). This second phase was undertaken to answer questions that remained unresolved and to quantify price response to a higher level of granularity. We accomplished these objectives with a second customer survey and interview effort, which resulted in a higher, 76% response rate, and the adoption of the more flexible Generalized Leontief (GL) demand model, which allows us to analyze customer response under a range of conditions (e.g. at different nominal prices) and to determine the distribution of individual customers' response.

Goldman, Chuck; Hopper, Nicole; Bharvirkar, Ranjit; Neenan,Bernie; Boisvert, Dick; Cappers, Peter; Pratt, Donna; Butkins, Kim

2005-08-25T23:59:59.000Z

497

CM-1-H Wholesale Power Rate Schedule  

Broader source: Energy.gov [DOE]

Availability:This rate schedule shall be available to the South Mississippi Electric Power Association, Municipal Energy Agency of Mississippi, and Mississippi Delta Energy Agency (hereinafter...

498

Incorporating voltage security into the planning, operation and monitoring of restructured electric energy markets  

E-Print Network [OSTI]

As open access market principles are applied to power systems, significant changes are happening in their planning, operation and control. In the emerging marketplace, systems are operating under higher loading conditions as markets focus greater...

Nair, Nirmal-Kumar

2006-04-12T23:59:59.000Z

499

2007 Wholesale Power Rate Case Final Proposal : Wholesale Power Rate Development Study.  

SciTech Connect (OSTI)

The Wholesale Power Rate Development Study (WPRDS) serves two primary purposes. It synthesizes information supplied by the other final studies that comprise the BPA rate proposal and shows the actual calculations for BPA's power rates. In addition, the WPRDS is the primary source for certain information used in establishing the power rates. Information developed in the WPRDS includes rate design (including seasonal and diurnal shapes for energy rates, demand, and load variance rates), the risk mitigation tools (Cost Recovery Adjustment Clause (CRAC), along with the [N]ational Marine Fisheries Service [F]ederal Columbia River Power System [B]iological Opinion (NFB) Adjustment, the Emergency NFB Surcharge, and Dividend Distribution Clause (DDC)), development of the Slice rate, and all discounts and other adjustments that are included in the rate schedules and the General Rate Schedule Provisions. The WPRDS also includes the description of the methodology for the Cost of Service Analysis (COSA), and the various rate design steps necessary to establish BPA's power rates. The WPRDS also shows the calculations for inter-business line revenues and expenses, the revenue forecast and, finally, includes a description of all of the rate schedules. The actual rate schedules are shown in ''Administrator's Final Record of Decision (ROD), Appendix A: 2007 Wholesale Power Rate Schedules and General Rate Schedule Provisions, WP-07-A-02''. The WPRDS also includes the Partial Resolution of Issues, shown in Attachment 1 of the ROD. The Partial Resolution of Issues affected many of the features described in this study. These are noted where appropriate.

United States. Bonneville Power Administration.

2006-07-01T23:59:59.000Z

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R e g u l a t i o n 46 Volume 23, No. 2 As other jurisdictions refashion their electricity markets,  

E-Print Network [OSTI]

R e g u l a t i o n 46 Volume 23, No. 2 As other jurisdictions refashion their electricity markets of electricity, combined with very little demandelasticityandtheneedforreal-timesupply/demand balancing to keep fromexperiencewithnaturalgas,airlines,trucking,telecom- munications, and a host of other industries. THE ORIGIN OF ELECTRICITY

Kammen, Daniel M.