National Library of Energy BETA

Sample records for wholesale electricity prices

  1. Sixth Northwest Conservation and Electric Power Plan Appendix D: Wholesale Electricity Price Forecast

    E-Print Network [OSTI]

    Sixth Northwest Conservation and Electric Power Plan Appendix D: Wholesale Electricity Price........................................................................................ 13 Fuel Prices................................................................................................................................. 14 Carbon Dioxide Prices

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

    E-Print Network [OSTI]

    to the electricity price forecast. This resource mix is used to forecast the fuel consumption and carbon dioxide (CO2Wholesale Electricity Price Forecast This appendix describes the wholesale electricity price forecast of the Fifth Northwest Power Plan. This forecast is an estimate of the future price of electricity

  3. Multi-scaling of wholesale electricity prices

    E-Print Network [OSTI]

    Caravelli, Francesco; Ududec, Cozmin; Ashtari, Ali; Di Matteo, Tiziana; Aste, Tomaso

    2015-01-01

    We empirically analyze the most volatile component of the electricity price time series from two North-American wholesale electricity markets. We show that these time series exhibit fluctuations which are not described by a Brownian Motion, as they show multi-scaling, high Hurst exponents and sharp price movements. We use the generalized Hurst exponent (GHE, $H(q)$) to show that although these time-series have strong cyclical components, the fluctuations exhibit persistent behaviour, i.e., $H(q)>0.5$. We investigate the effectiveness of the GHE as a predictive tool in a simple linear forecasting model, and study the forecast error as a function of $H(q)$, with $q=1$ and $q=2$. Our results suggest that the GHE can be used as prediction tool for these time series when the Hurst exponent is dynamically evaluated on rolling time windows of size $\\approx 50 - 100$ hours. These results are also compared to the case in which the cyclical components have been subtracted from the time series, showing the importance of...

  4. 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 and temperature effects. The model allows for different mean-reversion rates, one around spikes, and another

  5. A Threshold Autoregressive Model for Wholesale Electricity Prices

    E-Print Network [OSTI]

    A Threshold Autoregressive Model for Wholesale Electricity Prices B. Ricky Rambharat Carnegie Mellon University, U.S.A. October 14, 2003 Summary. We introduce a discrete-time model for electricity rates of mean-reversion: One for weather events, one around price jumps, and another for the remainder

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

    E-Print Network [OSTI]

    Borenstein, Severin

    1999-01-01

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

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

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

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

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

    E-Print Network [OSTI]

    Roozbehani, Mardavij

    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 ...

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

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

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

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

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

    E-Print Network [OSTI]

    Sandiford, Mike

    -front cost, and this is particularly the case for renewables such as solar photo- voltaic (PV). On a levelised cost basis, solar PV is currently an expensive way to produce electricity. However, solar PV has.8 billion in the market over two years. c The depression of wholesale prices offsets the cost of support

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

    SciTech Connect (OSTI)

    Kim, Joyce Jihyun; Kiliccote, Sila

    2012-06-01

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

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

    SciTech Connect (OSTI)

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

    2004-07-01

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

  14. Predicting market power in wholesale electricity markets

    E-Print Network [OSTI]

    Newbery, David

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

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

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

    months when buildings' electricity demand is also high dueoptimize buildings' electricity demand according to hourlymonths when buildings' electricity demand is also high due

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

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

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

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

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

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

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

    E-Print Network [OSTI]

    Joskow, Paul; Kahn, Edward

    2004-06-16

    in Northern California, gas-fired steam and peaking turbines, and cogenerators and other generation sources that are ?Qualifying Facilities? (QFs) under the Public Utility Regulatory Policy Act of 1978 (PURPA). About half of in-state generating capacity... and Lynch (2000), California Independent System Operator Department of Market Analysis (2000), California Power Exchange Corporation Compliance Unit (2000) among others. 3 FERC (1998) gives a detailed account of price spikes in Midwestern markets...

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

    E-Print Network [OSTI]

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

    2009-01-01

    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 ...

  20. Rethinking Real Time Electricity Pricing

    E-Print Network [OSTI]

    Allcott, Hunt

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

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

  2. Scenario Generation for Price Forecasting in Restructured Wholesale Power Markets

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    markets could aid in the design of appropriate price forecasting tools for such markets. Scenario1 Scenario Generation for Price Forecasting in Restructured Wholesale Power Markets Qun Zhou, restructured wholesale power markets, scenario generation, ARMA model, moment-matching method I. INTRODUCTION

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

    E-Print Network [OSTI]

    2004-01-01

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

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

    E-Print Network [OSTI]

    Oren, Shmuel S.

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

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

    E-Print Network [OSTI]

    Zachmann, Georg

    2007-01-01

    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 ...

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

    E-Print Network [OSTI]

    Villas-Boas, Sofia B

    2008-01-01

    largest wholesale prices (see Table 5). In the second columnManufacturers Overall Table 7: Estimated Price and Pro?t E?the wholesale price di?erences in Table 5, that Metro had

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

    E-Print Network [OSTI]

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

    2002-01-01

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

  8. 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

  9. Derivation of Locational Marginal Prices for Restructured Wholesale Power Markets

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    the performance of these markets. In this paper, different AC and DC optimal power flow (OPF) models are presented Operator (MISO). Keywords: Locational marginal pricing, wholesale power market, AC optimal power flow, DC optimal power flow, U.S. Midwest Independent System Operator (MISO). #12;3 1 INTRODUCTION In an April 2003

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

    E-Print Network [OSTI]

    Bushnell, Jim B

    2007-01-01

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

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

    E-Print Network [OSTI]

    Bushnell, Jim B

    2007-01-01

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

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

    E-Print Network [OSTI]

    Oren, Shmuel S.

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

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

    E-Print Network [OSTI]

    Wolak, Frank

    2003-01-01

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

  14. Estimating the value of electricity storage in an energy-only wholesale Dylan McConnell a,b,

    E-Print Network [OSTI]

    Sandiford, Mike

    Estimating the value of electricity storage in an energy-only wholesale market Dylan McConnell a 2015 Received in revised form 14 August 2015 Accepted 2 September 2015 Keywords: Electricity storage in energy-only electricity markets. In this paper we explore the value of a price-taking storage device

  15. A Study of Central Auction Based Wholesale Electricity Markets

    E-Print Network [OSTI]

    Gatti, Nicola

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

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

    E-Print Network [OSTI]

    Kolstad, Jonathan; Wolak, Frank

    2003-01-01

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

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

    E-Print Network [OSTI]

    California at Berkeley. University of

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

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

    E-Print Network [OSTI]

    Roozbehani, Mardavij

    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 ...

  19. Reformulating Competition? Gasoline Content Regulation and Wholesale Gasoline Prices

    E-Print Network [OSTI]

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

    2007-01-01

    Sup) # Sup Squared Crude Oil Price Constant Years of Datafactors using the price of crude oil (Cushings, O K ) . AsN and N-squared. The price of crude oil is a significant and

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

    E-Print Network [OSTI]

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

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    the performance of these markets. In this paper, different AC and DC optimal power flow (OPF) models are presented Terms-- Locational marginal pricing, wholesale power market, AC optimal power flow, DC optimal power to distinct local conditions (e.g., hydroelectric power in the northwest). Even in regions adopting the design

  2. Integrating Renewable Energy Contracts and Wholesale Dynamic Pricing to Serve Aggregate

    E-Print Network [OSTI]

    Oren, Shmuel S.

    1 Integrating Renewable Energy Contracts and Wholesale Dynamic Pricing to Serve Aggregate Flexible batteries, with renewable energy resources. We formulate a stochastic optimal control problem that describes that renewable energy supply varies unpredictable and beyond the control of the system operator. The impacts

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

    SciTech Connect (OSTI)

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

    1999-12-01

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

  4. Reformulating Competition? Gasoline Content Regulation and Wholesale Gasoline Prices

    E-Print Network [OSTI]

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

    2007-01-01

    and Heterogeneity in U.S. Gasoline Prices, working paper,and J. M . Perloff, 2002. Gasoline Price Differences: Taxes,Gardner, K.W. , 2004. U.S. Gasoline Requirements, ExxonMobil

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

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

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

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

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

    E-Print Network [OSTI]

    Muehlegger, Erich J.

    2002-01-01

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

  8. Competitive Electricity Prices: An Update

    Reports and Publications (EIA)

    1998-01-01

    Illustrates a third impact of the move to competitive generation pricing -- the narrowing of the range of prices across regions of the country. This feature article updates information in Electricity Prices in a Competitive Environment: Marginal Cost Pricing of Generation Services and Financial Status of Electric Utilities.

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

    E-Print Network [OSTI]

    Sweeting, Andrew

    2004-01-01

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

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    functions, demand aggregation, initial beliefs. 1 Introduction Companies and government agencies on prevailing wholesale electricity trading simulation methods. We include different supply and demand best-response and reinforcement learning but not under fictitious play. The simulations perform well

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

    E-Print Network [OSTI]

    Sweeting, Andrew

    2000-01-01

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

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

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, James; Wolak, Frank

    1999-01-01

    secondary fuel. Jet fuel and fuel oil prices were aggregatedSeptember 1998. The price of jet fuel was taken from the

  13. Electricity prices in a competitive environment: Marginal cost pricing of generation services and financial status of electric utilities. A preliminary analysis through 2015

    SciTech Connect (OSTI)

    1997-08-01

    The emergence of competitive markets for electricity generation services is changing the way that electricity is and will be priced in the United States. This report presents the results of an analysis that focuses on two questions: (1) How are prices for competitive generation services likely to differ from regulated prices if competitive prices are based on marginal costs rather than regulated {open_quotes}cost-of-service{close_quotes} pricing? (2) What impacts will the competitive pricing of generation services (based on marginal costs) have on electricity consumption patterns, production costs, and the financial integrity patterns, production costs, and the financial integrity of electricity suppliers? This study is not intended to be a cost-benefit analysis of wholesale or retail competition, nor does this report include an analysis of the macroeconomic impacts of competitive electricity prices.

  14. California's electricity crisis

    E-Print Network [OSTI]

    Joskow, Paul L.

    2001-01-01

    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 ...

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

    E-Print Network [OSTI]

    Borenstein, Severin; Bushnell, James; Wolak, Frank

    1999-01-01

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

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

    E-Print Network [OSTI]

    Barbose, Galen

    2013-01-01

    pricing, high solar penetrations in the market could lead tosolar power (CSP), and wind penetrations in the electricity market.in wholesale market electricity prices. Under high solar

  17. Fact #766: February 11, 2013 Electricity Prices are More Stable...

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

    6: February 11, 2013 Electricity Prices are More Stable than Gasoline Prices Fact 766: February 11, 2013 Electricity Prices are More Stable than Gasoline Prices All energy prices...

  18. A Study of Central Auction Based Wholesale Electricity Markets

    E-Print Network [OSTI]

    Gatti, Nicola

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

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

    E-Print Network [OSTI]

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

    2002-01-01

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

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

    Office of Environmental Management (EM)

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

  1. Electricity Monthly Update

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

    Electric Reliability Council of Texas (ERCOT), and two locations in the California ISO (CAISO). Also shown are wholesale prices at trading hubs in Louisiana (into Entergy),...

  2. Electricity Prices in a Competitive Environment: Marginal Cost Pricing

    Reports and Publications (EIA)

    1997-01-01

    Presents the results of an analysis that focuses on two questions: (1) How are prices for competitive generation services likely to differ from regulated prices if competitive prices are based on marginal costs rather than regulated cost-of-service pricing? (2) What impacts will the competitive pricing of generation services (based on marginal costs) have on electricity consumption patterns, production costs, and the financial integrity of electricity suppliers?

  3. MODELS FOR ELECTRICITY PRICES Avishka Raghoonundun

    E-Print Network [OSTI]

    Fournier, John J.F.

    MODELS FOR ELECTRICITY PRICES by Avishka Raghoonundun BSc (Hons),University of Mauritius,2007 M markets has led to higher uncertainty in electricity prices. Electricity, as a commodity, differs from-storability restriction, the most con- spicuous one is the presence of large spikes in electricity prices. Another outcome

  4. Tariff-based analysis of commercial building electricity prices

    E-Print Network [OSTI]

    Coughlin, Katie M.; Bolduc, Chris A.; Rosenquist, Greg J.; Van Buskirk, Robert D.; McMahon, James E.

    2008-01-01

    4 Calculation of Electricity Prices 4.1 Averageaverage seasonal and annual electricity prices by region inbased annual average electricity price vs. annual energy

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

    SciTech Connect (OSTI)

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

    2014-09-01

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

  6. Tariff-based analysis of commercial building electricity prices

    E-Print Network [OSTI]

    Coughlin, Katie M.; Bolduc, Chris A.; Rosenquist, Greg J.; Van Buskirk, Robert D.; McMahon, James E.

    2008-01-01

    4.2 E?ective Marginal Prices . . . . . . . . . . . . . . . .Demand Prices . . . . . . . . . . . . . . . . . . . . . .4 Calculation of Electricity Prices 4.1 Average

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    ­ in U.S. energy regions in the midwest (MISO), New England (ISO-NE), New York (NYISO), the mid Test Bed I. INTRODUCTION THE wholesale power market design proposed by the U.S. Federal Energy, it is critical for market operators in these regions to understand how LMPs respond under alternative structural

  8. STAFF FORECAST: AVERAGE RETAIL ELECTRICITY PRICES

    E-Print Network [OSTI]

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

  9. Aalborg Universitet Price Based Electric Vehicle Charging

    E-Print Network [OSTI]

    Mahat, Pukar

    Aalborg Universitet Price Based Electric Vehicle Charging Mahat, Pukar; Handl, Martin; Kanstrup., Lozano, A., & Sleimovits, A. (2012). Price Based Electric Vehicle Charging. In Proceedings of the 2012 in the future will be electrical vehicles (EV). The storage capacity of these EVs has the potential

  10. 2007 Wholesale Power Rate Case Final Proposal : Market Price Forecast Study.

    SciTech Connect (OSTI)

    United States. Bonneville Power Administration.

    2006-07-01

    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.

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

    E-Print Network [OSTI]

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

    2000-01-01

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

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

    E-Print Network [OSTI]

    Holland, Stephen P.; MANSUR, ERIN T

    2005-01-01

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

  13. Essays on Price Dynamics

    E-Print Network [OSTI]

    Hong, Gee Hee

    2012-01-01

    Small Regular Price Changes . . . . . . . . . . . . . . .4 The Cyclicality of Effective Prices2.3 Wholesale Price vs. Retail

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

    E-Print Network [OSTI]

    Borenstein, Severin; Holland, Stephen P.

    2003-01-01

    homogeneous product in the retail market, and P would facein wholesale and retail markets Equilibrium prices in thecompetitive investment and retail markets would attain the

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

    E-Print Network [OSTI]

    Kuteesa, Annette

    2006-08-16

    Market information services established in 1999 were aimed at the promotion of market efficiency through provision of information across the nation. While the responsible bodies have improved the knowledge of prices, ...

  16. A Probabilistic Graphical Approach to Computing Electricity Price Duration Curves under Price and

    E-Print Network [OSTI]

    Oren, Shmuel S.

    A Probabilistic Graphical Approach to Computing Electricity Price Duration Curves under Price,oren}@ieor.berkeley.edu Abstract-- The electricity price duration curve (EPDC) repre- sents the probability distribution function of the electricity price considered as a random variable. The price uncertainty comes both from the demand side

  17. A NONGAUSSIAN ORNSTEINUHLENBECK PROCESS FOR ELECTRICITY SPOT PRICE MODELING AND

    E-Print Network [OSTI]

    Kallsen, Jan

    A NON­GAUSSIAN ORNSTEIN­UHLENBECK PROCESS FOR ELECTRICITY SPOT PRICE MODELING AND DERIVATIVES for analytical pricing of electricity forward and futures contracts. Electricity forward and futures contracts to capture the observed dynamics of electricity spot prices. We also discuss the pricing of European call

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

    E-Print Network [OSTI]

    California at Berkeley. University of

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

  19. Residential implementation of critical-peak pricing of electricity

    E-Print Network [OSTI]

    Herter, Karen

    2006-01-01

    to time-of-day electricity pricing: first empirical results.S. The trouble with electricity markets: understandingresidential peak-load electricity rate structures. Journal

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

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

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

  1. CSEM WP 129 Reliability and Competitive Electricity Markets*

    E-Print Network [OSTI]

    California at Berkeley. University of

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

  2. Natural Gas Electric Power Price

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices1Markets See(STEO),7F e28 3.24 3.23 3.22 3.19 3.03

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

    E-Print Network [OSTI]

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

  4. Testing The Effects Of Price Responsive Demand On Uniform Price And Soft-Cap Electricity Auctions

    E-Print Network [OSTI]

    Testing The Effects Of Price Responsive Demand On Uniform Price And Soft-Cap Electricity Auctions R describes a framework for testing the efficacy of a price-responsive load on a uniform price last accepted offer and a soft-cap market. Experimental evidence to date based on uniform price market testing has

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

    E-Print Network [OSTI]

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

  6. Solar Real-Time Pricing: Is Real-Time Electricity Pricing Beneficial...

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

    the validity of the following statement: "the coincidence of high electric energy prices and peak solar electric photovoltaic (PV) output can improve the economics of PV...

  7. Supreme court agrees: FERC must regulate wholesale markets

    SciTech Connect (OSTI)

    Wolak, Frank A.

    2008-08-15

    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.

  8. Carbon pricing, nuclear power and electricity markets

    SciTech Connect (OSTI)

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

    2012-07-01

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

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

    E-Print Network [OSTI]

    Borenstein, Severin; Holland, Stephen P.

    2002-01-01

    homogeneous product in the retail market, and would face noin wholesale and retail markets Equilibrium prices in thec) = r. In the ?at-rate retail market, however, there is now

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

    SciTech Connect (OSTI)

    Not Available

    1994-04-07

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

  11. Intraclass Price Elasticity & Electric Rate Design 

    E-Print Network [OSTI]

    Gresham, K. E.

    1987-01-01

    beyond this becomes more elastic as usage increases. In the book "Innovative Electric, Rates," John Chamberlin and Charles Dickson utilize an economic model to test conservation programs. This model utilizes intrac1ass price elasticities and has a.... Utilities must rely on customer data and intuition to estimate customer response to rate changes. These methods have several downfalls. First, the customer data may not reflect customer behavior in an economic downturn. Second, the data may not exactly...

  12. Commitment of Electric Power Generators under Stochastic Market Prices

    E-Print Network [OSTI]

    Mazumdar, Mainak

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

  13. Competitive Charging Station Pricing for Plug-in Electric Vehicles

    E-Print Network [OSTI]

    Huang, Jianwei

    Competitive Charging Station Pricing for Plug-in Electric Vehicles Wei Yuan, Member, IEEE, Jianwei considers the problem of charging station pricing and station selection of plug-in electric vehicles (PEVs). Every PEV needs to select a charging station by con- sidering the charging prices, waiting times

  14. Reliability and Competitive Electricity Markets

    E-Print Network [OSTI]

    Joskow, Paul; Tirole, Jean

    2006-03-14

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

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

    E-Print Network [OSTI]

    Fontana, Michelle

    2011-08-08

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

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

    E-Print Network [OSTI]

    Joskow, Paul L.

    2000-01-01

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

  17. Optimal Production Planning under Time-sensitive Electricity Prices for

    E-Print Network [OSTI]

    Grossmann, Ignacio E.

    . The control actions, which balance the electricity supply and demand, differ on the time scale and usuallyOptimal Production Planning under Time-sensitive Electricity Prices for Continuous Power-dependent electricity pricing schemes. In this paper, we describe a deterministic MILP model that allows optimal

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

    E-Print Network [OSTI]

    Sweeting, Andrew

    2006-03-14

    submitted a set of price bids for each generating unit each day together with the unit’s available capacity in 48 half-hour periods. The System Operator (National Grid Company (NGC)) used these bids and a price-inelastic demand forecast to schedule... and Bushnell (1999) for California). I test whether the bids of the largest generators, National Power (NP) and PowerGen (PG), were consistent with the static Nash equilibrium behavioral assumption that each generator chose its strategy (bids) to maximize its...

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

    E-Print Network [OSTI]

    Bushnell, Jim B

    2007-01-01

    or unregulated energy service providers could createEnergy Commission Staff Proposal for an Electricity Retail Provider

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

    E-Print Network [OSTI]

    Dane Schiro

    2015-03-19

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

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

    E-Print Network [OSTI]

    Holmberg, P.; Newbery, David

    delivery price. In most cases the contracts are ?nancial, so no physical transaction takes place. Forward contracts are normally traded over the counter, and futures contracts on power exchanges. 2 The supply function equilibrium The supply function... take a while before each producer has ?gured out its best o¤er strategy given the residual demand it faces. This learning is facilitated in markets that disclose individual or aggregated o¤er curves to the auction, such as the Amsterdam Power Exchange...

  2. Why did British electricity prices fall after 1998?

    E-Print Network [OSTI]

    Evans, Joanne

    2003-01-01

    In an attempt to reduce high electricity prices in England and Wales the government has reduced concentration among generators and introduced New Electricity Trading Arrangements (NETA). Econometric analysis on monthly ...

  3. Electricity Monthly Update

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

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

  4. 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: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration would likeUniverseIMPACTThousandReport)PriceHistoricEnergyApril 25,4MarioMark D.Mark

  5. Sixth Northwest Conservation and Electric Power Plan Appendix A: Fuel Price Forecast

    E-Print Network [OSTI]

    Sixth Northwest Conservation and Electric Power Plan Appendix A: Fuel Price Forecast Introduction................................................................................................................................. 3 Price Forecasts ............................................................................................................................ 5 U.S. Natural Gas Commodity Prices

  6. Easing the Natural Gas Crisis: Reducing Natural Gas Prices Through Electricity Supply Diversification -- Testimony

    E-Print Network [OSTI]

    Wiser, Ryan

    2005-01-01

    present concerns about natural gas prices and the findingsEconomy (ACEEE). 2003. Natural Gas Price Effects of EnergyGas Crisis: Reducing Natural Gas Prices Through Electricity

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

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

    fuel prices and international crude oil prices. I assume that dieseldiesel as a fuel while some of them use fuel oil. The current (November 2005) diesel price

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

    E-Print Network [OSTI]

    Newberry, David

    2012-05-28

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

  9. Properties of Electricity Prices and the Drivers of Interconnector Revenue

    E-Print Network [OSTI]

    Parail, Vladimir

    Properties of Electricity Prices and the Drivers of Interconnector Revenue Vladimir Parail November 2010 CWPE 1059 & EPRG 1033 www.eprg.group.cam.ac.uk E P R G W O R K IN G P A P E R Abstract... Properties of Electricity Prices and the Drivers of Interconnector Revenue EPRG Working Paper 1033 Cambridge Working Paper in Economics 1059 Vladimir Parail This paper examines the drivers behind revenues of merchant electricity...

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

    E-Print Network [OSTI]

    Laughlin, Robert B.

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

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

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

    http://eetd.lbl.gov/ea/ems/reports/congress-1252d.pdf. LastThem. U.S. Department of Energy Report to the U.S. Congress.

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

    E-Print Network [OSTI]

    Kim, Joyce Jihyun

    2013-01-01

    15 Figure 11. Case 1: Potential Energy Supply Costelectricity cost: energy supply charge based predominantlyperiod. The minimum energy supply cost for a given day,

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

    E-Print Network [OSTI]

    Nepal, Rabindra; Jamasb, Tooraj

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

  14. Addressing the Level of Florida's Electricity Prices Theodore Kury1

    E-Print Network [OSTI]

    Jawitz, James W.

    for 2 Edison Electric Institute, "Typical Bills and Average Rates Report." The report is reproduced Addressing the Level of Florida's Electricity Prices Theodore Kury1 Public tenet of this step of the plan is to "address Florida's relatively expensive electricity costs so

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

    SciTech Connect (OSTI)

    Letendre, Steven E.; Perez, Richard

    2006-07-15

    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)

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

    E-Print Network [OSTI]

    White, Douglas R.

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

  17. Dynamic interactions between electricity prices and the regional economy 

    E-Print Network [OSTI]

    Bethapudi, Daniel Naveen

    2005-08-29

    In this thesis we study characterize the dynamic relationships among two electricity price variables (residential and commercial) and six regional economic variables in order to examine each individual variable??s role in regional economic activity...

  18. The Role of Electricity Pricing Policy in Industrial Siting Decisions 

    E-Print Network [OSTI]

    Tam, C. S.

    1981-01-01

    policy of electricity plays a significant role in the siting decisions of energy intensive industries, it is therefore imperative for the policy makers to understand the long term impact of their policies. This paper will examine the current pricing...

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

    E-Print Network [OSTI]

    Dane Schiro

    2015-05-01

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

  20. Transmission Pricing Issues for Electricity Generation From Renewable Resources

    Reports and Publications (EIA)

    1999-01-01

    This article discusses how the resolution of transmission pricing issues which have arisen under the Federal Energy Regulatory Commission's (FERC) open access environment may affect the prospects for renewable-based electricity.

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

    E-Print Network [OSTI]

    Catholic University of Chile (Universidad Católica de Chile)

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

  2. Retail risk management pricing electricity to manage customer risk

    SciTech Connect (OSTI)

    Mauldin, M.G.

    1997-06-01

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

  3. A NON-GAUSSIAN ORNSTEIN-UHLENBECK PROCESS FOR ELECTRICITY SPOT PRICE MODELING AND

    E-Print Network [OSTI]

    Kallsen, Jan

    A NON-GAUSSIAN ORNSTEIN-UHLENBECK PROCESS FOR ELECTRICITY SPOT PRICE MODELING AND DERIVATIVES for analytical pricing of electricity forward and futures contracts. Electricity forward and futures contracts to capture the observed dynamics of electricity spot prices. We also discuss the pricing of European call

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

    SciTech Connect (OSTI)

    1998-02-01

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

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

    E-Print Network [OSTI]

    Afanador Delgado, Catalina

    2006-10-30

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

  6. Pricing Carbon for Electricity Generation: National and International Dimensions

    E-Print Network [OSTI]

    Grubb, Michael; Newbery, David

    In this paper, which forms a chapter in the forthcoming Book �Delivering a Low Carbon Electricity System: Technologies, Economics and Policy�, Grubb and Newbery examine how carbon for electricity generation should be priced. They begin...

  7. The Pricing of Electricity to Aluminum Smelters in the Northwest 

    E-Print Network [OSTI]

    Foley, T. J.

    1986-01-01

    prompted Bonneville to search for Innovative pnClng schemes designed to maintain its revenue base Bonneville's proposed strategy Includes tYing the price of electricity it seilS to tne alumlr,u~ smelters to the world price of aluminum. This paper wili... examine Bonneville's proposed pnClng strategy; it will also examine other strategies to reduce uncertainty In the region's future electriC load. BACKGROUND For well over half a century, electrical power has been a cornerstone of the PaCific Northwest...

  8. Designing pricing strategies for coordination of networked distributed energy resources

    E-Print Network [OSTI]

    Liberzon, Daniel

    Designing pricing strategies for coordination of networked distributed energy resources Bahman, by a group of distributed energy resources (DERs). The aggregator interacts with the wholesale electricity. The objective is for the aggregator to design a pricing strategy for incentivizing DERs to modify their active

  9. Influence of Spikes in the Short-term Electricity Price Forecasting

    E-Print Network [OSTI]

    Friedl, Herwig

    Influence of Spikes in the Short-term Electricity Price Forecasting Vika Koban, Milos Pantos of electricity price under normal conditions with the spike time series caused by extreme conditions in order to obtain a better forecast of the spot price. Short term electricity price forecasting has become

  10. Biennial Assessment of the Fifth Power Plan Interim Report on Electric Price Forecasts

    E-Print Network [OSTI]

    Biennial Assessment of the Fifth Power Plan Interim Report on Electric Price Forecasts Electricity prices in the Council's Power Plan are forecast using the AURORATM Electricity Market Model of the entire prices at several pricing points in the West, four of which are in the Pacific Northwest. The one most

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

    E-Print Network [OSTI]

    Mohsenian-Rad, Hamed

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

  12. Optimal Multi-scale Capacity Planning under Hourly Varying Electricity Prices

    E-Print Network [OSTI]

    Grossmann, Ignacio E.

    inputs: electricity prices, demand data, configuration slates · Each representative week is repeated1 Optimal Multi-scale Capacity Planning under Hourly Varying Electricity Prices Sumit Mitra Ignacio;2 Motivation of this work · Deregulation of the electricity markets caused electricity prices to be highly

  13. IEEE TRANSACTIONS ON POWER SYSTEMS, VOL. 23, NO. 3, AUGUST 2008 877 Electricity Price Curve Modeling

    E-Print Network [OSTI]

    Huo, Xiaoming

    IEEE TRANSACTIONS ON POWER SYSTEMS, VOL. 23, NO. 3, AUGUST 2008 877 Electricity Price Curve approach for the modeling and analysis of electricity price curves by ap- plying the manifold learning results using historical price data taken from the Eastern U.S. electric power markets. Index Terms--Electricity

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

    E-Print Network [OSTI]

    Zang, Hailing

    2005-11-01

    -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...

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

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

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

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

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

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

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

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

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

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

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

    more dependent on electricity than developing countries. InElectricity Crisis: Lessons for Developing Countries” EnergyFirst, as electricity sectors in developing countries tend

  19. Price Electric Coop Inc | Open Energy Information

    Open Energy Info (EERE)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on QA:QA J-E-1 SECTION J APPENDIXsourceII JumpQuarterly SmartDB-2, BluePoulsen Hybrid,Areas-WindInformationPrice

  20. Electricity pricing for conservation and load shifting

    SciTech Connect (OSTI)

    Orans, Ren; Woo, C.K.; Horii, Brian; Chait, Michele; DeBenedictis, Andrew

    2010-04-15

    The electricity industry is facing the challenge of increasing costs of reliably meeting demand growth and fully complying with legislative renewable portfolio standards and greenhouse gas reduction targets. However, an electric utility's existing tariffs often don't have rates that increase with consumption volume or vary by time of use, thus not fully exploiting the potential benefits from customer conservation and load shifting. (author)

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

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

    on coal power plants, I assume that transportation costs arecoal prices for different power plants vary substantially due to the differences in transportation costs.

  2. Negotiation-Based Task Scheduling to Minimize User's Electricity Bills under Dynamic Energy Prices

    E-Print Network [OSTI]

    Pedram, Massoud

    Negotiation-Based Task Scheduling to Minimize User's Electricity Bills under Dynamic Energy Prices}@usc.edu Abstract--Dynamic energy pricing is a promising technique in the Smart Grid that incentivizes energy to minimize the electricity bill. A general type of dynamic pricing scenario is assumed where the energy price

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

    E-Print Network [OSTI]

    Hirche, Sandra

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

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

    E-Print Network [OSTI]

    Sweeting, Andrew

    2001-01-01

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

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

    E-Print Network [OSTI]

    Fripp, Matthias; Wiser, Ryan

    2006-01-01

    of wind power, based on historical and forecast wholesale-wind timing using historical electricity loads and historical and forecastValue, Forecast Prices Figure 3. Effects of Wind Timing on

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

    E-Print Network [OSTI]

    Borenstein, Severin

    2007-01-01

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

  7. Predictability of price movements in deregulated electricity markets

    E-Print Network [OSTI]

    Uritskaya, Olga Y

    2015-01-01

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

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

    E-Print Network [OSTI]

    Cańizares, Claudio A.

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

  9. A Dynamic Supply-Demand Model for Electricity Prices Manuela Buzoianu

    E-Print Network [OSTI]

    A Dynamic Supply-Demand Model for Electricity Prices Manuela Buzoianu , Anthony E. Brockwell to as a dynamic supply-demand model, to simultaneously capture electricity price and usage time series. This model, and Duane J. Seppi Abstract We introduce a new model for electricity prices, based on the principle

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

    E-Print Network [OSTI]

    Oren, Shmuel S.

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

  11. Short Term Electricity Price Forecasting in the Nordic Region Anders Lund Eriksrud

    E-Print Network [OSTI]

    Lavaei, Javad

    Short Term Electricity Price Forecasting in the Nordic Region Anders Lund Eriksrud May 11, 2014 Abstract This paper presents a survey of electricity price forecasting for the Nordic region, and performs that time series models more appropriate for forecasting electricity prices, compared to machine learning

  12. Tariff-based analysis of commercial building electricity prices

    E-Print Network [OSTI]

    Coughlin, Katie M.; Bolduc, Chris A.; Rosenquist, Greg J.; Van Buskirk, Robert D.; McMahon, James E.

    2008-01-01

    Energy and Demand Prices . . . . . . . . . . . . . . . . . . . . . .US DOE 1999. Marginal Energy Prices Report U.S. Departmentmarginal price Marginal energy price in cper kwh Marginal

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

    E-Print Network [OSTI]

    Phadke, Amol

    2007-01-01

    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

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

    E-Print Network [OSTI]

    Bhatia, Sangeeta

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

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

    E-Print Network [OSTI]

    Carmona, Rene

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

  16. A Study of Pricing for Cloud Resources Department of Electrical and Computer

    E-Print Network [OSTI]

    Li, Baochun

    A Study of Pricing for Cloud Resources Hong Xu Department of Electrical and Computer Engineering University of Toronto bli@eecg.toronto.edu ABSTRACT We present a study of pricing cloud resources of various applications and usage pricing of cloud computing. We show that a uniform price does not suffer

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

    E-Print Network [OSTI]

    California at Berkeley. University of

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

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

    E-Print Network [OSTI]

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

  19. Stochastic Behaviour of the Electricity Bid Stack: from Fundamental Drivers to Power Prices

    E-Print Network [OSTI]

    Howison, Sam

    Stochastic Behaviour of the Electricity Bid Stack: from Fundamental Drivers to Power Prices Michael) 23 October 2008 Abstract We develop a fundamental model for spot electricity prices, based on stochastic processes for underlying factors (fuel prices, power demand and generation capacity availability

  20. Experimental Evidence about the Persistence of High Prices in a Soft-Cap Auction for Electricity

    E-Print Network [OSTI]

    Experimental Evidence about the Persistence of High Prices in a Soft-Cap Auction for Electricity 1 and Management Cornell University I. Introduction The high prices for electricity in California during the summer of 2000 led to a substantial amount of regulatory and political intervention. Price caps were lowered

  1. A STRUCTURAL MODEL FOR ELECTRICITY PRICES RENE CARMONA, MICHAEL COULON, AND DANIEL SCHWARZ

    E-Print Network [OSTI]

    Carmona, Rene

    A STRUCTURAL MODEL FOR ELECTRICITY PRICES RENE CARMONA, MICHAEL COULON, AND DANIEL SCHWARZ Abstract. In this paper we propose a new and highly tractable structural approach to spot price modeling and derivative pricing in electricity markets, thus extending the growing branch of liter- ature which describes power

  2. Joint Modelling of Gas and Electricity spot prices N. Frikha1 , V. Lemaire2

    E-Print Network [OSTI]

    Boyer, Edmond

    Joint Modelling of Gas and Electricity spot prices N. Frikha1 , V. Lemaire2 October 13, 2010 for developing a risk management framework as well as pricing of options. Many derivatives on both electricity to price projects in energy (see [12] for an introduction). Thus, modelling jointly the evolution of gas

  3. Joint Modelling of Gas and Electricity spot prices N. Frikha1 , V. Lemaire2

    E-Print Network [OSTI]

    Joint Modelling of Gas and Electricity spot prices N. Frikha1 , V. Lemaire2 October 9, 2009 for developing a risk management framework as well as pricing of options. Many derivatives on both electricity to price projects in energy (see [10] for an introduction). Thus, modelling jointly the evolution of gas

  4. Pollution and the price of power

    SciTech Connect (OSTI)

    Dewees, D.N. [University of Toronto, Toronto, ON (Canada). Dept. of Economics

    2008-07-01

    This study analyses the un-priced environmental harm caused by generating electricity from fossil fuels in the ECAR control region south of the Great Lakes in 2004 and again in 2015 when the recent Clean Air Interstate Rule will have its full effect. Using existing damage values, we estimate wholesale electricity under-pricing for coal-fired plants at about $40 per MWh in 2004, almost as much again as the $45/MWh actual price. Averaging across all fuels, the price of electricity was more than $30/MWh too low. The under-pricing will still be $18/MWh for coal plants and $15 for all generation sources in 2015, a decade after CAIR was adopted. Recognizing this environmental price now could reduce pollution levels, increase energy conservation and lead to wiser choices of new generation technology.

  5. Measuring and Explaining Electricity Price Changes in Restructured States

    SciTech Connect (OSTI)

    Fagan, Mark L.

    2006-06-15

    An effort to determine the effect of restructuring on prices finds that, on average, prices for industrial customers in restructured states were lower, relative to predicted prices, than prices for industrial customers in non-restructured states. This preliminary analysis also finds that these price changes are explained primarily by high pre-restructuring prices, not whether or not a state restructured. (author)

  6. Electricity Transmission Pricing: How much does it cost to get it wrong?

    E-Print Network [OSTI]

    California at Berkeley. University of

    PWP-058 Electricity Transmission Pricing: How much does it cost to get it wrong? Richard Green Channing Way Berkeley, California 94720-5180 www.ucei.berkeley.edu/ucei #12;Electricity Transmission optimal prices for electricity transmission. These are rarely applied in practice. This paper develops

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

    E-Print Network [OSTI]

    Gerkmann, Ralf

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

  8. Minimizing the Electricity Bill of Cooperative Users under a Quasi-Dynamic Pricing Model

    E-Print Network [OSTI]

    Pedram, Massoud

    advocating that "residential electricity prices must be based on time of use" to fully enable smart gridMinimizing the Electricity Bill of Cooperative Users under a Quasi-Dynamic Pricing Model Safar Hatami and Massoud Pedram University of Southern California Department of Electrical Engineering

  9. Minimizing the Operational Cost of Data Centers via Geographical Electricity Price Diversity

    E-Print Network [OSTI]

    Liang, Weifa

    Minimizing the Operational Cost of Data Centers via Geographical Electricity Price Diversity amounts of electric power, which lead to high operational costs of cloud service providers. Reducing cloud environment by incorporating the diversity of time-varying electricity prices in different regions

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

    E-Print Network [OSTI]

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

  11. A Numerical Method for Pricing Electricity Derivatives for Jump-Diffusion Processes Based on Continuous Time Lattices

    E-Print Network [OSTI]

    Albanese, Claudio

    A Numerical Method for Pricing Electricity Derivatives for Jump-Diffusion Processes Based.tompaidis@mccombs.utexas.edu Corresponding author. Tel. 512-4715252, Fax 512-4710587. #12;A Numerical Method for Pricing Electricity method for pricing derivatives on electricity prices. The method is based on approximating the generator

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

    E-Print Network [OSTI]

    Fu, Yong

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

  13. Wholesale Power Rate Schedules | Department of Energy

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

    Rate Schedules Wholesale Power Rate Schedules Wholesale Power Rate Schedules October 1, 2012 ALA-1-N Wholesale Power Rate Schedule Area: PowerSouth Energy Cooperative System:...

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

    E-Print Network [OSTI]

    Barbose, Galen

    2013-01-01

    scenarios on hourly wholesale market prices, using a production cost and capacity expansion model; Design

  15. Dynamic Testing of Wholesale Power Market Designs

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    , http://www.ferc.gov/industries/electric/indus-act/rto/rto-map.asp) 2 #12;The complexity of the WPMP (2006, p. 6) reports that ISO/RTO-operated energy regions now include over 50% of the generating capacity in the U.S.; see Figure 1. Figure 1: ISO/RTO-Operated U.S. Wholesale Power Markets (Source: FERC

  16. Household Response To Dynamic Pricing Of Electricity: A Survey...

    Open Energy Info (EERE)

    and Canada. The report suggests conclusive evidence that households respond to higher prices by lowering usage. The magnitude of price response depends on several factors, such as...

  17. Electricity pricing as a demand-side management strategy: Western lessons for developing countries

    SciTech Connect (OSTI)

    Hill, L.J.

    1990-12-01

    Electric utilities in the Western world have increasingly realized that load commitments can be met not only by constructing new generating plants but also by influencing electricity demand. This demand-side management (DSM) process requires that electric utilities promote measures on the customer's side of the meter to directly or indirectly influence electricity consumption to meet desired load objectives. An important demand-side option to achieve these load objectives is innovative electricity pricing, both by itself and as a financial incentive for other demand-site measures. This study explores electricity pricing as a DSM strategy, addressing four questions in the process: What is the Western experience with DSM in general and electricity pricing in particular Do innovative pricing strategies alter the amount and pattern of electricity consumption Do the benefits of these pricing strategies outweigh the costs of implementation What are future directions in electricity pricing Although DSM can be used to promote increases in electricity consumption for electric utilities with excess capacity as well as to slow demand growth for capacity-short utilities, emphasis here is placed on the latter. The discussion should be especially useful for electric utilities in developing countries that are exploring alternatives to capacity expansion to meet current and future electric power demand.

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

    E-Print Network [OSTI]

    2004-01-01

    costs, revenue allocation and rate design on behalf of the California Large Energy Consumers Association and CaliforniaCalifornia energy crisis, far in excess of what could be justified by cost-

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

    E-Print Network [OSTI]

    California at Berkeley. University of

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

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

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

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

  1. Op%mal Scheduling of Combined Heat and Power (CHP) Plants1 under Time-sensi%ve Electricity Prices

    E-Print Network [OSTI]

    Grossmann, Ignacio E.

    -sensi%ve Electricity Prices Summary In this case study, a CHP plant increases its profit accounts for variability in electricity prices. Sumit Mitra, Center for Advanced. Ignacio E. Grossmann Joint work with Lige Sun, RWTH Aachen University, Germany 1

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

    E-Print Network [OSTI]

    Hortacsu, Ali; Puller, Steven L.

    2004-01-01

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

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

    E-Print Network [OSTI]

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

    2004-01-01

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

  4. Reduced form electricity spot price modeling with a view towards spike risk

    E-Print Network [OSTI]

    Gerkmann, Ralf

    Reduced form electricity spot price modeling with a view towards spike risk Prof. Dr. Meyer. Februar 2010, 16:15 Uhr Seminarraum, Ludwigstraße 33 I The recent deregulation of electricity markets has led to the creation of energy exchanges, where the electricity is freely traded. We study the most

  5. Can Electricity pricing be a tool for efficient, equitable & sustainable use

    E-Print Network [OSTI]

    Scott, Christopher

    metering & consumption based electricity tariff o Objectives, approach & methods used in 3-location study o2/22/11 1 Can Electricity pricing be a tool for efficient, equitable & sustainable use with Policy San Francisco, California, USA 15-17 June, 2010 Scope of the Presentation o Modes of electricity

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

    E-Print Network [OSTI]

    Tsitsiklis, John

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

  7. Pricing and Hedging Electricity Supply Contracts: a Case with Tolling Agreements

    E-Print Network [OSTI]

    Pricing and Hedging Electricity Supply Contracts: a Case with Tolling Agreements Shi-Jie Deng Email Customized electric power contracts catering to specific business and risk management needs have gained increasing popularity among large energy firms in the restructured electricity in- dustry. A tolling

  8. Residential implementation of critical-peak pricing of electricity

    E-Print Network [OSTI]

    Herter, Karen

    2006-01-01

    residential peak-load electricity rate structures. Journalefficiency efforts. Keywords: electricity rates, residentialmust suffer higher electricity rates to pay for the bill

  9. Equity Effects of Increasing-Block Electricity Pricing

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    of increasing-block electricity rate schedules in the Unitedfrom the analysis of electricity rates, this approach toBlock Residential Electricity Rates in California The

  10. Price-elastic demand in deregulated electricity markets

    E-Print Network [OSTI]

    Siddiqui, Afzal S.

    2003-01-01

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

  11. Equity Effects of Increasing-Block Electricity Pricing

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    Evidence from Residential Electricity Demand,” Review ofLester D. “The Demand for Electricity: A Survey,” The BellResidential Demand for Electricity under Inverted Block

  12. INTERIM VALIDATION REPORT MIDDLE DISTILLATE PRICE MONITORING SYSTEM

    E-Print Network [OSTI]

    Hopelain, D.G.

    2011-01-01

    1977-1978 HEATING OIL PRICES II-1 II-3 II-3 Wholesale PricesMonthly U.S. Heating Oil Prices, 1970 - 1978 . . A-16 .H-3 .continuous No. 2 heating oil price information from 1970 to

  13. Electricity Demand Forecasting using Gaussian Processes Manuel Blum and Martin Riedmiller

    E-Print Network [OSTI]

    Teschner, Matthias

    that are normally much less attractive than the prices in the wholesale market. The electricity demand is mainlyElectricity Demand Forecasting using Gaussian Processes Manuel Blum and Martin Riedmiller University of Freiburg, Department of Computer Science Georges-Koehler Allee 079 79110 Freiburg, Germany

  14. Effect of real-time electricity pricing on renewable generators and system emissions

    E-Print Network [OSTI]

    Connolly, Jeremiah P. (Jeremiah Peter)

    2008-01-01

    Real-time retail pricing (RTP) of electricity, in which the retail price is allowed to vary with very little time delay in response to changes in the marginal cost of generation, offers expected short-run and long-run ...

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

    E-Print Network [OSTI]

    Obradovic, Zoran

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

  16. Fact #666: March 14, 2011 Survey says Electric Vehicle Prices are Key

    Broader source: Energy.gov [DOE]

    November/December 2010 surveys of 1,716 drivers and 123 automobile industry executives indicate that both groups believe a low electric vehicle price would motivate consumers to switch from a...

  17. Electricity transmission pricing : how much does it cost to get it wrong?

    E-Print Network [OSTI]

    Green, Richard

    2004-01-01

    Economists know how to calculate optimal prices for electricity transmission. These are rarely applied in practice. This paper develops a thirteen node model of the transmission system in England and Wales, incorporating ...

  18. Short run effects of a price on carbon dioxide emissions from U.S. electric generators

    SciTech Connect (OSTI)

    Adam Newcomer; Seth A. Blumsack; Jay Apt; Lester B. Lave; M. Granger Morgan [Carnegie Mellon University, Pittsburgh, PA (United States). Carnegie Mellon Electricity Industry Center

    2008-05-01

    The price of delivered electricity will rise if generators have to pay for carbon dioxide emissions through an implicit or explicit mechanism. There are two main effects that a substantial price on CO{sub 2} emissions would have in the short run (before the generation fleet changes significantly). First, consumers would react to increased price by buying less, described by their price elasticity of demand. Second, a price on CO{sub 2} emissions would change the order in which existing generators are economically dispatched, depending on their carbon dioxide emissions and marginal fuel prices. Both the price increase and dispatch changes depend on the mix of generation technologies and fuels in the region available for dispatch, although the consumer response to higher prices is the dominant effect. We estimate that the instantaneous imposition of a price of $35 per metric ton on CO{sub 2} emissions would lead to a 10% reduction in CO{sub 2} emissions in PJM and MISO at a price elasticity of -0.1. Reductions in ERCOT would be about one-third as large. Thus, a price on CO{sub 2} emissions that has been shown in earlier work to stimulate investment in new generation technology also provides significant CO{sub 2} reductions before new technology is deployed at large scale. 39 refs., 4 figs., 2 tabs.

  19. Essays in Energy Economics

    E-Print Network [OSTI]

    MYERS, ERICA CATHERINE

    2014-01-01

    to wholesale electricity prices in Germany. We focus on theWholesale Electricity Prices in Germany,” Economics Letters,

  20. Implications of changing natural gas prices in the United States electricity sector for SO and life cycle GHG emissions

    E-Print Network [OSTI]

    Jaramillo, Paulina

    Implications of changing natural gas prices in the United States electricity sector for SO 2 , NO X of changing natural gas prices in the United States electricity sector for SO2, NOX and life cycle GHG to projections of low natural gas prices and increased supply. The trend of increasing natural gas use

  1. Computer Networks Journal, Elsevier B.V., 46(1), p4152, Sept. 2004 Bandwidth Provisioning and Pricing for

    E-Print Network [OSTI]

    Fulp, Errin W.

    --8]. An excellent description of the issues related to pricing and managing QoS­enabled networks in a retail market, a wholesale/retail market was proposed for Internet Dif­ ferentiated Services (Di#Serv) networks by Semret et of Computer Science and Department of Electrical and Computer Engineering, N.C. State University, Raleigh N

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

    E-Print Network [OSTI]

    Martin, Alexander; Pokutta, Sebastian

    2012-01-01

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

  3. Equity Effects of Increasing-Block Electricity Pricing

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    Kuester King. “ Residential Demand for Electricity underEvidence from Residential Electricity Demand,” Review ofChoice Approach to Residential Water Demand under Block Rate

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

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

    E-Print Network [OSTI]

    de Weerdt, Mathijs

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

  6. 2007 Wholesale Power Rate Case Initial Proposal : Risk Analysis Study Documentation.

    SciTech Connect (OSTI)

    United States. Bonneville Power Administration.

    2005-11-01

    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.

  7. 2007 Wholesale Power Rate Case Final Proposal : Risk Analysis Study Documentation.

    SciTech Connect (OSTI)

    United States. Bonneville Power Administration.

    2006-07-01

    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.

  8. Energy Department Releases Updated eGallon Prices as Electric...

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

    market continues to grow, electric vehicles will play a key role in our effort to reduce air pollution and slow the effects of climate change." Plug-In Electric Vehicle Sales...

  9. Why did British Electricity Prices Fall after 1998?

    E-Print Network [OSTI]

    Evans, Joanne; Green, Richard J.

    2004-06-16

    index, at the time that the rules changed. Using a static model of the market for a non-storable commodity, we would not expect a spillover from a future change in market rules to current prices. On this basis, a dummy variable set to 1 from April...

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

    E-Print Network [OSTI]

    Cappers, Peter

    2009-01-01

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

  11. Transmission grid access and pricing in Norway, Spain, and California: A comparative study

    SciTech Connect (OSTI)

    Gronli, H.; Gomez San Ramon, T.; Marnay, C.

    1999-09-01

    The openness of the transmission grid and the incentives given by transmission pricing form the foundation for retail and wholesale competition in the electricity market. The deregulated markets of Norway, Spain, and California all have introduced retail access and wholesale competition, although with different approaches to pricing of transmission grid services. This paper will briefly describe the three different solutions, and discuss some of their implications. Of the three electricity systems, Norway was the first to open the grid to competition in electricity trade. The Norwegian Energy Law of 1990 introduced open competition to wholesale and retail trade starting January 1991. In Spain, the Electricity Law of 1997 came into force early in 1998. Wholesale and retail markets in California were opened for competition on April 1, 1998, following the passage of Assembly Bill 1890, in August 1996. Introducing competition in electricity markets also implies introducing Third Party Access to the transmission grid. All potential competitors have to be given access to the grid in order to compete, no matter who owns the actual wires. This principle raises several challenges, notably, how to price transmission services. Who is to pay for which transmission services? The Norwegian grid is divided into three levels depending on its function. The transmission grid includes all parts of the national grid having a transmission function, meaning that some lower voltage levels also are included. In Spain, the definition of the transmission grid is similar, including the 400 kV and 220 kV national grid as well as lower voltage installations that could affect transmission operation or generation dispatch. For historic reasons, wholesale electricity transactions in the US are regulated by the federal government through the FERC. However, operations of utility systems within one state fall primarily under state jurisdiction. Because the utility systems in California generally are large and exchanges between them limited, the role of FERC was small prior to restructuring, although the state is a large importer of power.

  12. Computer Networks Journal, Elsevier B.V., 46(1), p41-52, Sept. 2004 Bandwidth Provisioning and Pricing for

    E-Print Network [OSTI]

    Fulp, Errin W.

    description of the issues related to pricing and managing QoS-enabled networks in a retail market is provided, a wholesale/retail market was proposed for Internet Dif- ferentiated Services (DiffServ) networks by Semret etDepartment of Computer Science and Department of Electrical and Computer Engineering, N.C. State University, Raleigh N

  13. Plug-in Electric Vehicle Interactions with a Small Office Building: An Economic Analysis using DER-CAM

    E-Print Network [OSTI]

    Momber, Ilan

    2010-01-01

    differences between TOU energy prices, elevated demandtheir vehicles when energy prices are low. Furthermore,the reference for the energy price would be the wholesale

  14. Operation of Distributed Generation Under Stochastic Prices

    SciTech Connect (OSTI)

    Siddiqui, Afzal S.; Marnay, Chris

    2005-11-30

    We model the operating decisions of a commercial enterprisethatneeds to satisfy its periodic electricity demand with either on-sitedistributed generation (DG) or purchases from the wholesale market. Whilethe former option involves electricity generation at relatively high andpossibly stochastic costs from a set of capacity-constrained DGtechnologies, the latter implies unlimited open-market transactions atstochastic prices. A stochastic dynamic programme (SDP) is used to solvethe resulting optimisation problem. By solving the SDP with and withoutthe availability of DG units, the implied option values of the DG unitsare obtained.

  15. Negotiation-Based Task Scheduling and Storage Control Algorithm to Minimize User's Electric Bills under Dynamic Prices

    E-Print Network [OSTI]

    Pedram, Massoud

    , snazaria, pedram}@usc.edu Abstract--Dynamic energy pricing is a promising technique in the Smart Grid the electricity bill. A general type of dynamic pricing scenario is assumed where the energy price is both time-based iterative approach has been proposed for joint residential task scheduling and energy storage control

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

    E-Print Network [OSTI]

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

  17. Table 14b. Average Electricity Prices, Projected vs. Actual

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Informationmonthly gasoline price toStocks 2009CubicAnalysisYear Jana. Coal Coal

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

    E-Print Network [OSTI]

    Oren, Shmuel S.

    Utility Commission of Texas in Austin with expertise on wholesale market design and resource adequacy played a key role in design of electricity market in ERCOT. In addition to monitoring market activitiesEric S. Schubert is a Senior Market Economist at the Wholesale Market Oversight of the Public

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

  20. Electricity Prices in Transition (released in AEO2007)

    Reports and Publications (EIA)

    2007-01-01

    The push by some states to restructure electricity markets progressed rapidly throughout the late 1990s. Although the energy crisis in California during 2000 and 2001 slowed the momentum, 19 states and the District of Columbia currently have some form of restructuring in place. In addition, Washington State, which has not restructured its electricity market, allows its largest industrial customers to choose their suppliers.

  1. Optimal Scheduling under Variable Electricity Pricing and Availability

    E-Print Network [OSTI]

    Grossmann, Ignacio E.

    , 2009 Energy & Operations 2 #12;Electricity usage · Contracts between electricity supplier and plants Harjunkoski Ignacio E. Grossmann Lisbon, Portugal; Ladenburg, Germany; Pittsburgh, USA EWO Meeting March 10 dates for each product) · Minimize total energy cost ­ Meet power availability constraints November 11

  2. Prices

    Gasoline and Diesel Fuel Update (EIA)

    Information AdministrationPetroleum Marketing Annual 1998 Table 31. Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon Excluding Taxes) -...

  3. Prices

    Gasoline and Diesel Fuel Update (EIA)

    Information AdministrationPetroleum Marketing Annual 2001 Table 31. Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon Excluding Taxes) -...

  4. Prices

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

    Information AdministrationPetroleum Marketing Annual 1999 Table 31. Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon Excluding Taxes) -...

  5. Prices

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

    Information AdministrationPetroleum Marketing Annual 2002 Table 31. Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon Excluding Taxes) -...

  6. Automatic control of electric thermal storage (heat) under real-time pricing. Final report

    SciTech Connect (OSTI)

    Daryanian, B.; Tabors, R.D.; Bohn, R.E. [Tabors Caramanis and Associates, Inc. (United States)

    1995-01-01

    Real-time pricing (RTP) can be used by electric utilities as a control signal for responsive demand-side management (DSM) programs. Electric thermal storage (ETS) systems in buildings provide the inherent flexibility needed to take advantage of variations in prices. Under RTP, optimal performance for ETS operations is achieved under market conditions where reductions in customers` costs coincide with the lowering of the cost of service for electric utilities. The RTP signal conveys the time-varying actual marginal cost of the electric service to customers. The RTP rate is a combination of various cost components, including marginal generation fuel and maintenance costs, marginal costs of transmission and distribution losses, and marginal quality of supply and transmission costs. This report describes the results of an experiment in automatic control of heat storage systems under RTP during the winter seasons of 1989--90 and 1990--91.

  7. 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]

    Hori, Takahide

    2001-01-01

    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 ...

  8. Real-Time Pricing of Electricity: An Assessment 

    E-Print Network [OSTI]

    Baughman, M. L.; Zarnikau, J.

    1989-01-01

    Increasing competitive pressures, advances in technology, interest in deregulation, new planning strategies, and dissatisfaction with present rate designs have encouraged the recent development of a number of new electric rate design schemes...

  9. Table 14a. Average Electricity Prices, Projected vs. Actual

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Informationmonthly gasoline price toStocks 2009CubicAnalysisYear Jana. Coal Coal Production,Shalea.

  10. Pennsylvania Natural Gas Price Sold to Electric Power Consumers (Dollars

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration wouldMass mapSpeeding access| DepartmentPeer Review Policies Basic EnergyPrice (Dollarsper

  11. Electric Sales, Revenue, and Average Price 2011 - Energy Information

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices1Markets 9,Why Report VoluntaryEffects

  12. Electricity price impacts of alternative Greenhouse gas emission cap-and-trade programs

    SciTech Connect (OSTI)

    Edelston, Bruce; Armstrong, Dave; Kirsch, Laurence D.; Morey, Mathew J.

    2009-07-15

    Limits on greenhouse gas emissions would raise the prices of the goods and services that require such emissions for their production, including electricity. Looking at a variety of emission limit cases and scenarios for selling or allocating allowances to load-serving entities, the authors estimate how the burden of greenhouse gas limits are likely to be distributed among electricity consumers in different states. (author)

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

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

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

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

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

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

  15. Integrating Dynamic Pricing of Electricity into Energy Aware Scheduling for HPC Systems

    E-Print Network [OSTI]

    Sun, Xian-He

    Integrating Dynamic Pricing of Electricity into Energy Aware Scheduling for HPC Systems Xu Yang, Zhou Zhou, Sean Wallace, Zhiling Lan Illinois Institute of Technology, Chicago, IL, USA {xyang56, zzhou Laboratory, Argonne, IL, USA {wtang, smc, papka}@anl.gov ABSTRACT The research literature to date mainly

  16. IEEE TRANSACTIONS ON POWER SYSTEMS, CHEN, DENG AND HUO. 1 Electricity Price Curve Modeling by Manifold

    E-Print Network [OSTI]

    IEEE TRANSACTIONS ON POWER SYSTEMS, CHEN, DENG AND HUO. 1 Electricity Price Curve Modeling by Manifold Learning Jie Chen, Student Member, IEEE, Shi-Jie Deng, Senior Member, IEEE, and Xiaoming Huo, Senior Member, IEEE Abstract-- This paper proposes a novel non-parametric ap- proach for the analysis

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

    E-Print Network [OSTI]

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

  18. Implications of Lower Natural Gas Prices for Electric Generators in the Southeast, The

    Reports and Publications (EIA)

    2009-01-01

    This supplement to the Energy Information Administration's (EIA) May 2009 Short-Term Energy Outlook (STEO) focuses on changes in the utilization of coal- and natural-gas-fired generation capacity in the electric utility sector as the differential between delivered fuel prices narrows.

  19. Pricing Bilateral Electricity Trade between Smart Grids and Hybrid Green Datacenters

    E-Print Network [OSTI]

    Li, Zongpeng

    of such distributed generation. For example, the enormous wind generation in Germany in May 2014 resulted energy sources. This work considers two key aspects towards realtime electricity pricing for elicit- ing of view. At the cloud side, in quest for performance, scalability and robustness, the energy cost

  20. Impacts of Regional Electricity Prices and Building Type on the Economics of Commercial Photovoltaic Systems

    SciTech Connect (OSTI)

    Ong, S.; Campbell, C.; Clark, N.

    2012-12-01

    To identify the impacts of regional electricity prices and building type on the economics of solar photovoltaic (PV) systems, 207 rate structures across 77 locations and 16 commercial building types were evaluated. Results for expected solar value are reported for each location and building type. Aggregated results are also reported, showing general trends across various impact categories.

  1. Integration of fluctuating energy by electricity price control

    E-Print Network [OSTI]

    in the coming years. Electricity generation will increasingly rely on wind energy, and consumption will adapt that the social net cost of setting up a Smart Grid is DKK 1.6 billion in contrast to the DKK 7.7 billion and the ideas behind it would not have seen the light without our supervisor, Henrik Madsen, who supported us

  2. Table 11a. Coal Prices to Electric Generating Plants, Projected vs. Actual

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Informationmonthly gasoline price toStocks 2009CubicAnalysisYear Jana. Coal Prices to Electric

  3. Open Automated Demand Response Dynamic Pricing Technologies and Demonstration

    SciTech Connect (OSTI)

    Ghatikar, Girish; Mathieu, Johanna L.; Piette, Mary Ann; Koch, Ed; Hennage, Dan

    2010-08-02

    This study examines the use of OpenADR communications specification, related data models, technologies, and strategies to send dynamic prices (e.g., real time prices and peak prices) and Time of Use (TOU) rates to commercial and industrial electricity customers. OpenADR v1.0 is a Web services-based flexible, open information model that has been used in California utilities' commercial automated demand response programs since 2007. We find that data models can be used to send real time prices. These same data models can also be used to support peak pricing and TOU rates. We present a data model that can accommodate all three types of rates. For demonstration purposes, the data models were generated from California Independent System Operator's real-time wholesale market prices, and a California utility's dynamic prices and TOU rates. Customers can respond to dynamic prices by either using the actual prices, or prices can be mapped into"operation modes," which can act as inputs to control systems. We present several different methods for mapping actual prices. Some of these methods were implemented in demonstration projects. The study results demonstrate show that OpenADR allows interoperability with existing/future systems/technologies and can be used within related dynamic pricing activities within Smart Grid.

  4. Integrated Retail & Wholesale Power System Operation

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    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 Tesfatsion, "Project Overview: Integrated Retail and Wholesale Power System Operation with Smart-Grid

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

  6. Strategic Pricing and Resource Allocation: Framework and Applications

    E-Print Network [OSTI]

    Ren, Shaolei

    2012-01-01

    varying wireless network capacities, electricity prices,electricity price, avail- able renewable energy supply, wireless

  7. Price controls and international petroleum product prices

    SciTech Connect (OSTI)

    Deacon, R.T.; Mead, W.J.; Agarwal, V.B.

    1980-02-01

    The effects of Federal refined-product price controls upon the price of motor gasoline in the United States through 1977 are examined. A comparison of domestic and foreign gasoline prices is made, based on the prices of products actually moving in international trade. There is also an effort to ascribe US/foreign market price differentials to identifiable cost factors. Primary emphasis is on price comparisons at the wholesale level, although some retail comparisons are presented. The study also examines the extent to which product price controls are binding, and attempts to estimate what the price of motor gasoline would have been in the absence of controls. The time period under consideration is from 1969 through 1977, with primary focus on price relationships in 1970-1971 (just before US controls) and 1976-1977. The foreign-domestic comparisons are made with respect to four major US cities, namely, Boston, New York, New Orleans, and Los Angeles. 20 figures, 14 tables.

  8. 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, 2014 MEMORANDUM TO: Power Committee FROM: Ben Kujala SUBJECT: RPM Redevelopment Project Discussion

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

    SciTech Connect (OSTI)

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

    2004-07-01

    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.

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

    E-Print Network [OSTI]

    Bushnell, James

    2003-01-01

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

  11. Oligopoly Equilibria in Electricity Contract Markets

    E-Print Network [OSTI]

    Bushnell, James

    2005-01-01

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

  12. A regional analysis of U.S. utility slaughter cows prices 

    E-Print Network [OSTI]

    Rogers, Toby Gale

    1996-01-01

    This study investigated the effects of Utility slaughter cow supply, lagged prices, per capita disposable personal income, prime interest rates, price of wholesale Utility beef, seasonality and yearly effects on the price of Utility slaughter cows...

  13. Power System Modeling of 20percent Wind-Generated Electricity by 2030

    E-Print Network [OSTI]

    Hand, Maureen

    2008-01-01

    electricity capacity expansion in the continental U.S. wholesale market.capacity level will vary significantly as electricity markets

  14. Prices

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

    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: AlternativeMonthly","10/2015"Monthly","10/2015" ,"Release7Cubicthroughthe PriceThousand CubicThousandCubic53.6 53.3 49.368.7

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

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

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

  16. SCE&G-2-E Wholesale Power Rate Schedule | Department of Energy

    Energy Savers [EERE]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on DeliciousMathematicsEnergyInterestedReplacement-2-A WholesaleRetrofitElectricalDepartment2-E Wholesale Power Rate

  17. SCE&G-3-E Wholesale Power Rate Schedule | Department of Energy

    Energy Savers [EERE]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on DeliciousMathematicsEnergyInterestedReplacement-2-A WholesaleRetrofitElectricalDepartment2-E Wholesale Power

  18. SCE&G-4-E Wholesale Power Rate Schedule | Department of Energy

    Energy Savers [EERE]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on DeliciousMathematicsEnergyInterestedReplacement-2-A WholesaleRetrofitElectricalDepartment2-E Wholesale Power4-E

  19. Louisiana Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration would likeUniverseIMPACTThousand CubicResourcelogoFeet) Deliveries to ElectricPriceThousand

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

    E-Print Network [OSTI]

    Lewis, Matt; Noel, Michael

    2009-01-01

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

  1. Utility spot pricing study : Wisconsin

    E-Print Network [OSTI]

    Caramanis, Michael C.

    1982-01-01

    Spot pricing covers a range of electric utility pricing structures which relate the marginal costs of electric generation to the prices seen by utility customers. At the shortest time frames prices change every five ...

  2. The price of electricity from private power producers: Stage 2, Expansion of sample and preliminary statistical analysis

    SciTech Connect (OSTI)

    Comnes, G.A.; Belden, T.N.; Kahn, E.P.

    1995-02-01

    The market for long-term bulk power is becoming increasingly competitive and mature. Given that many privately developed power projects have been or are being developed in the US, it is possible to begin to evaluate the performance of the market by analyzing its revealed prices. Using a consistent method, this paper presents levelized contract prices for a sample of privately developed US generation properties. The sample includes 26 projects with a total capacity of 6,354 MW. Contracts are described in terms of their choice of technology, choice of fuel, treatment of fuel price risk, geographic location, dispatchability, expected dispatch niche, and size. The contract price analysis shows that gas technologies clearly stand out as the most attractive. At an 80% capacity factor, coal projects have an average 20-year levelized price of $0.092/kWh, whereas natural gas combined cycle and/or cogeneration projects have an average price of $0.069/kWh. Within each technology type subsample, however, there is considerable variation. Prices for natural gas combustion turbines and one wind project are also presented. A preliminary statistical analysis is conducted to understand the relationship between price and four categories of explanatory factors including product heterogeneity, geographic heterogeneity, economic and technological change, and other buyer attributes (including avoided costs). Because of residual price variation, we are unable to accept the hypothesis that electricity is a homogeneous product. Instead, the analysis indicates that buyer value still plays an important role in the determination of price for competitively-acquired electricity.

  3. Financial comparison of time-of-use pricing with technical DSM programs and generating plants as electric-utility resource options

    SciTech Connect (OSTI)

    Hill, L.J.

    1994-04-01

    Changing electricity prices to more closely reflect production costs has a significant impact on the consumption of electricity. It is known, for example, that most of the efficiency gains in the electric power sectors of the industrialized world since the first international oil price shock in 1973 are attributable to the rising trend of electricity prices. This was due to the rising average price of electricity. Because of the unique characteristics of producing electricity, its marginal cost is higher than its average cost during many hours of the day. This study shows that, for utilities not reflecting these cost differences in their rates, there is ample room to satisfy a portion of their resource needs by exploiting the load-shaping properties of time-of-use (TOU) rates. Satisfying a portion of resource requirements by implementing a TOU-pricing program, however, is not costless. Metering and administering TOU pricing requires a financial commitment by an electric utility. And the commitment has an opportunity cost. That is, the funds could be used to construct generating plants or run DSM programs (other than a TOU-pricing program) and satisfy the same resource needs that TOU pricing does. The question addressed in this study is whether a utility is better-served financially by (i) implementing TOU pricing or (ii) running technical DSM programs and building power plants. The answer is that TOU pricing compares favorably on a financial basis with other resources under a wide set of conditions that real-world utilities confront.

  4. 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: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration wouldMass map shines lightGeospatial ToolkitSMARTS -BeingFutureResearchWebmasterOperations

  5. The Value of Distributed Generation and CHP Resources in Wholesale...

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

    The Value of Distributed Generation and CHP Resources in Wholesale Power Markets, September 2005 The Value of Distributed Generation and CHP Resources in Wholesale Power Markets,...

  6. Diagnosing Unilateral Market Power in Electricity Reserves Market

    E-Print Network [OSTI]

    Knittel, Christopher R; Metaxoglou, Konstantinos

    2008-01-01

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

  7. Lessons from International Experience with Electricity Market Monitoring

    E-Print Network [OSTI]

    Wolak, Frank

    2004-01-01

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

  8. An Equilibrium Model of Investment in Restructured Electricity Markets

    E-Print Network [OSTI]

    Bushnell, Jim B; Ishii, Jun

    2007-01-01

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

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

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

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

  10. An Equilibrium Model of Investment in Restructured Electricity Markets

    E-Print Network [OSTI]

    Bushnell, Jim B; Ishii, Jun

    2007-01-01

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

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

    E-Print Network [OSTI]

    Boisvert, Richard N.; Neenan, Bernard F.

    2003-01-01

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

  12. Comparison of AEO 2008 Natural Gas Price Forecast to NYMEX Futures Prices

    E-Print Network [OSTI]

    Bolinger, Mark

    2008-01-01

    to electricity generators to the same price projections fromPrices Delivered to Electricity Generators, Nominal $/MMBtu Each AEO projection

  13. Comparison of AEO 2007 Natural Gas Price Forecast to NYMEX Futures Prices

    E-Print Network [OSTI]

    Bolinger, Mark; Wiser, Ryan

    2006-01-01

    to electricity generators to the same price projections fromPrices Delivered to Electricity Generators, Nominal $/MMBtu Each AEO projection

  14. Fuel Price Forecasts INTRODUCTION

    E-Print Network [OSTI]

    Fuel Price Forecasts INTRODUCTION Fuel prices affect electricity planning in two primary ways and water heating, and other end-uses as well. Fuel prices also influence electricity supply and price turbines. This second effect is the primary use of the fuel price forecast for the Council's Fifth Power

  15. Volatility of Power Grids under Real-Time Pricing

    E-Print Network [OSTI]

    Roozbehani, Mardavij; Mitter, Sanjoy K

    2011-01-01

    The paper proposes a framework for modeling and analysis of the dynamics of supply, demand, and clearing prices in power system with real-time retail pricing and information asymmetry. Real-time retail pricing is characterized by passing on the real-time wholesale electricity prices to the end consumers, and is shown to create a closed-loop feedback system between the physical layer and the market layer of the power system. In the absence of a carefully designed control law, such direct feedback between the two layers could increase volatility and lower the system's robustness to uncertainty in demand and generation. A new notion of generalized price-elasticity is introduced, and it is shown that price volatility can be characterized in terms of the system's maximal relative price elasticity, defined as the maximal ratio of the generalized price-elasticity of consumers to that of the producers. As this ratio increases, the system becomes more volatile, and eventually, unstable. As new demand response technolo...

  16. When is a Pay-as Bid Preferable to Uniform Price in Electricity Markets. Shmuel Oren

    E-Print Network [OSTI]

    Oren, Shmuel S.

    is undesirable since it may also suppress demand response when possible. Nevertheless reduced price volatility

  17. 2007 Wholesale Power Rate Case Initial Proposal : Wholesale Power Rate Development Study.

    SciTech Connect (OSTI)

    United States. Bonneville Power Administration.

    2007-11-01

    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.

  18. Regional Comparisons, Spatial Aggregation, and Asymmetry of Price Pass-Through

    Reports and Publications (EIA)

    2005-01-01

    Spot to retail price pass-through behavior of the U.S. gasoline market was investigated at the national and regional levels, using weekly wholesale and retail motor gasoline prices from January 2000 to the present.

  19. Essays on gasoline price spikes, environmental regulation of gasoline content, and incentives for refinery operation

    E-Print Network [OSTI]

    Muehlegger, Erich J

    2005-01-01

    Since 1999, regional retail and wholesale gasoline markets in the United States have experienced significant price volatility, both intertemporally and across geographic markets. In particular, gasoline prices in California, ...

  20. Short-Term Energy Outlook Model Documentation: Petroleum Product Prices Module

    Reports and Publications (EIA)

    2015-01-01

    The petroleum products price module of the Short-Term Energy Outlook (STEO) model is designed to provide U.S. average wholesale and retail price forecasts for motor gasoline, diesel fuel, heating oil, and jet fuel.

  1. Variability in Automated Responses of Commercial Buildings and Industrial Facilities to Dynamic Electricity Prices

    SciTech Connect (OSTI)

    Mathieu, Johanna L.; Callaway, Duncan S.; Kiliccote, Sila

    2011-08-16

    Changes in the electricity consumption of commercial buildings and industrial facilities (C&I facilities) during Demand Response (DR) events are usually estimated using counterfactual baseline models. Model error makes it difficult to precisely quantify these changes in consumption and understand if C&I facilities exhibit event-to-event variability in their response to DR signals. This paper seeks to understand baseline model error and DR variability in C&I facilities facing dynamic electricity prices. Using a regression-based baseline model, we present a method to compute the error associated with estimates of several DR parameters. We also develop a metric to determine how much observed DR variability results from baseline model error rather than real variability in response. We analyze 38 C&I facilities participating in an automated DR program and find that DR parameter errors are large. Though some facilities exhibit real DR variability, most observed variability results from baseline model error. Therefore, facilities with variable DR parameters may actually respond consistently from event to event. Consequently, in DR programs in which repeatability is valued, individual buildings may be performing better than previously thought. In some cases, however, aggregations of C&I facilities exhibit real DR variability, which could create challenges for power system operation.

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

    E-Print Network [OSTI]

    Kim, Dae-Wook; Knittel, Christopher R.

    2004-01-01

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

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

    E-Print Network [OSTI]

    Mansur, Erin T.

    2003-01-01

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

  4. Scheduling in an Energy Cost Aware Environment The energy cost aware scheduling problem (ECASP) is concerned with variable electricity tariffs, where the price of

    E-Print Network [OSTI]

    ) is concerned with variable electricity tariffs, where the price of electricity changes over time depending on the demand. It is important to large scale electricity consumers in manufacturing and service industries tasks, the resource limit constraints, and the manpower. The goal of this project is to implement

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

    E-Print Network [OSTI]

    Borenstein, Severin; Holland, Stephen P.

    2002-01-01

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

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

    E-Print Network [OSTI]

    Borenstein, Severin; Holland, Stephen P.

    2003-01-01

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

  7. Notes on the pricing of electric power From Jim Blair, for Tuesday May 19, 2015.

    E-Print Network [OSTI]

    Sprott, Julien Clinton

    , (Tesla) home battery (Li-ion or Pb-acid?) C- MG&E's recent change in price structure, and how it changes

  8. Texas Wholesale Market for Christmas Trees. 

    E-Print Network [OSTI]

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

    1964-01-01

    stream_source_info Bull1021.pdf.txt stream_content_type text/plain stream_size 44581 Content-Encoding ISO-8859-1 stream_name Bull1021.pdf.txt Content-Type text/plain; charset=ISO-8859-1 Wholesale Market for 7 :. @EXAS... 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 in the three surveyed...

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

    SciTech Connect (OSTI)

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

    2013-04-01

    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.

  10. Reformulating Competition? Gasoline Content Regulation and Wholesale Gasoline Prices

    E-Print Network [OSTI]

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

    2007-01-01

    the underlying gasoline than does blending with MTBE. Hence,gasoline like CARB, it effectively differentiated the market. Blending

  11. Wholesale Heating Oil Weekly Heating Oil and Propane Prices (October -

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979Coal Consumers inYear Full report What Drives4 Paul

  12. Wholesale Propane Weekly Heating Oil and Propane Prices (October - March)

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979Coal Consumers inYear Full report What Drives4 Paul0.503

  13. Costs and Benefits of Renewables Portfolio Standards in the United States

    E-Print Network [OSTI]

    Barbose, Galen

    2014-01-01

    estimates of health and emission reduction benefits, economic development benefits, and wholesale electricity market price

  14. Propagating Electricity Bill onto Cloud Tenants: Using a Novel Pricing Mechanism

    E-Print Network [OSTI]

    Mohsenian-Rad, Hamed

    to change their electricity usage to contribute in cutting electricity bills by participation in demand is the cost of total kWh electricity consumed by the DC. The demand charge is about the average peak load in k in order to shed the electricity utilities' peak loads. The demand charge of a DC can be equal to or even

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

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

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

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

    E-Print Network [OSTI]

    Glachant, Jean-Michel

    2007-01-01

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

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

  18. Table 11b. Coal Prices to Electric Generating Plants, Projected vs. Actual

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Informationmonthly gasoline price toStocks 2009CubicAnalysisYear Jana. Coal Prices to Electrica.

  19. Maryland Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration would likeUniverseIMPACTThousandReport)PriceHistoricEnergyAprilMartin D.Feet)PriceThousand

  20. Concurrent Optimization of Consumer's Electrical Energy Bill and Producer's Power Generation Cost under a Dynamic Pricing

    E-Print Network [OSTI]

    Pedram, Massoud

    Concurrent Optimization of Consumer's Electrical Energy Bill and Producer's Power Generation Cost their electric bill. On the other hand optimizing the number and production time of power generation facilities lower cost. I. INTRODUCTION There is no substitute for the status of electrical energy, which

  1. 2007 Wholesale Power Rate Case Initial Proposal : Revenue Requirement Study.

    SciTech Connect (OSTI)

    United States. Bonneville Power Administration.

    2005-11-01

    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.

  2. Draft Fourth Northwest Conservation and Electric Power Plan, Appendix C FUEL PRICE FORECASTS

    E-Print Network [OSTI]

    exploration, and lower expected costs of finding and producing these fuels. The theories of oil and gas supply several years, views of energy markets, supplies and costs have altered dramatically. Changing technology innovation and application to the point where many industry observers expect few real sustained price

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

    E-Print Network [OSTI]

    Proutiere, Alexandre

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

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

    E-Print Network [OSTI]

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

    2000-01-01

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

  5. Real-Time Pricing- A Flexible Alternative for Electrical Power Supply 

    E-Print Network [OSTI]

    Reynolds, S. D.; Frye, A. O. Jr.

    1991-01-01

    place greater emphasis on developing programs that benefit the customer while at the same time benefiting the utility. Economy Surplus Power (ESP) is such a program. ESP offers industrial customers attractively priced power supply arrangements based... at a rate far below what had been forecasted a decade earlier. Sales to large industrial customers were depressed. At the same time TVA faced a temporary surplus of generating capacity. Viewed independently, each <1f these problems has the makings...

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

  7. Optimal Control of Residential Energy Storage Under Price Fluctuations

    E-Print Network [OSTI]

    Optimal Control of Residential Energy Storage Under Price Fluctuations Peter van de ven Department habits. We formulate the problem of minimizing the cost of energy storage purchases subject to both user- gramming, energy storage, threshold policy. I. INTRODUCTION Wholesale energy prices exhibit significant

  8. The Potential of Energy Management and Control Systems for Real-Time Electricity Pricing Programs 

    E-Print Network [OSTI]

    Akbari, H.; Heinemeier, K. E.

    1990-01-01

    In implementing an integrated electric utility network, direct communication between the utility and customers is an important component. The rapid penetration of computer building control technology in larger commercial and industrial customers...

  9. "Table 7a. Natural Gas Price, Electric Power Sector, Actual vs. Projected"

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Informationmonthly gasoline price to fall to $3.43U.S.longec 188 U.S.1 HomeRegional costTotalRealTotala.

  10. "Table 7b. Natural Gas Price, Electric Power Sector, Actual vs. Projected"

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Informationmonthly gasoline price to fall to $3.43U.S.longec 188 U.S.1 HomeRegional

  11. Table 6. Electric power delivered fuel prices and quality for coal, petroleum, natural gas, 1990 - 2013

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Informationmonthly gasoline price toStocksU.S. shale gas plays: natural gasPetroleum NetCrude oil

  12. Table 6. Electric power delivered fuel prices and quality for coal, petroleum, natural gas, 1990 - 2013

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Informationmonthly gasoline price toStocksU.S. shale gas plays: natural gasPetroleum NetCrude

  13. West Virginia Natural Gas Price Sold to Electric Power Consumers (Dollars

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

    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 Google5.10 5.24 5.29 5.84 5.08 4.25 1989-2015 Residential Price 11.35 12.13 12.37 12.57 11.71 11.24 1989-2015 Percentage of Total Residential DeliveriesDecade Year-0(Millionper

  14. Wisconsin Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    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 Google5.10 5.24 5.29 5.84 5.08 4.25 1989-2015 Residential Price 11.35 12.13 12.37 12.57 11.71 11.24 1989-2015 Percentage of Total ResidentialDecade Year-0 Year-1 Year-2

  15. New Hampshire Natural Gas Price Sold to Electric Power Consumers (Dollars

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet)DecadeYear Jan Feb Marthrough 1996)Price (Dollars perFeet) (Millionper

  16. New Jersey Natural Gas Price Sold to Electric Power Consumers (Dollars per

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet)DecadeYear Jan Feb Marthrough 1996)Price (Dollars2009 2010IndustrialThousand

  17. New Mexico Natural Gas Price Sold to Electric Power Consumers (Dollars per

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet)DecadeYear Jan Feb Marthrough 1996)Price780 922 (Million Cubic2009 2010 2011

  18. New York Natural Gas Price Sold to Electric Power Consumers (Dollars per

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet)DecadeYear Jan Feb Marthrough 1996)Price780Year Jan Feb MarIndustrialThousand

  19. Tennessee Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power AdministrationRobust,Field-effectWorking With U.S. CoalMexicoConference Tight Oil1 SoilPrice (DollarsThousand

  20. Texas Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power AdministrationRobust,Field-effectWorking With U.S. CoalMexicoConferencePrice (Dollars per Thousand

  1. Washington Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power AdministrationRobust,Field-effectWorking WithTelecentricN A 035(92/02) nerg *415,RatesWalterCubicPrice

  2. Wyoming Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power AdministrationRobust,Field-effectWorkingLos Alamos verifies largest single gold crystalPrice (DollarsThousand

  3. Kansas Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration would likeUniverseIMPACT EVALUATIONIntroducingJobs2015Administration|Price (DollarsThousand

  4. Kentucky Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration would likeUniverseIMPACTThousand Cubic Feet) SoldDepartment ofKen T.Price (DollarsThousand

  5. Georgia Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration would likeUniverse (Journalvivo Low-Dose Low LET IonizingGeorge B.Thousand Cubic Feet) Price

  6. Idaho Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration would likeUniverse (JournalvivoHighHussein KhalilResearch88 SignPrice (Dollars per

  7. Table 11a. Coal Prices to Electric Generating Plants, Projected vs. Actual

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979 1.988 1.996Deutsche Bank AG Weekly7,674a. Coal Prices to

  8. Table 11b. Coal Prices to Electric Generating Plants, Projected vs. Actual

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979 1.988 1.996Deutsche Bank AG Weekly7,674a. Coal Prices

  9. Table 7b. Natural Gas Price, Electric Power Sector, Actual vs. Projected

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979 1.988 1.996Deutsche Bank AGTotal96b. Natural Gas Price,

  10. Maine Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration would likeUniverseIMPACTThousandReport)Price (Dollars per Thousand Cubic Feet) Maine Natural

  11. Michigan Natural Gas Price Sold to Electric Power Consumers (Dollars per

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantityBonneville Power Administration wouldMass map shines light on dark matterEnergyPublicatons ContactThousand Cubic Feet) Price

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

  13. Strategic Pricing and Resource Allocation: Framework and Applications

    E-Print Network [OSTI]

    Ren, Shaolei

    2012-01-01

    electric- ity price and renewable energy supply. . . . . . .price, available renewable energy supply, wireless networkprice, available renewable energy supply, wireless network

  14. Flexible Demand Management under Time-Varying Prices

    E-Print Network [OSTI]

    Liang, Yong

    2012-01-01

    2.4 When Price Is Uncertain . . . . . . . . . .of the Parameters of the Price Structures . . . . . . .Day in a Typical Hourly Average Electricity Prices . . . . .

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

    E-Print Network [OSTI]

    Kiliccote, Sila

    2010-01-01

    Response for Wholesale Ancillary Services Sila Kiliccote,Response for Wholesale Ancillary Services Sila Kiliccotedemand response, OpenADR, ancillary services Abstract The

  16. Retailer-Wholesaler Response to State-Sponsored Marketing

    E-Print Network [OSTI]

    Neimark, Alexander V.

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

  17. 2007 Wholesale Power Rate Case Initial Proposal : Risk Analysis Study.

    SciTech Connect (OSTI)

    United States. Bonneville Power Administration.

    2005-11-01

    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.

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

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

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

  19. Reliability and competitive electricity markets

    E-Print Network [OSTI]

    Joskow, Paul L.

    2004-01-01

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

  20. Table N8.3. Average Prices of Purchased Electricity, Natural Gas, and Steam,

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

    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: AlternativeMonthly","10/2015"Monthly","10/2015" ,"Release7CubicthroughtheSeptember 24,4,630.22PrimaryB6.3. Electricity:2.3.

  1. Strategic Pricing and Resource Allocation: Framework and Applications

    E-Print Network [OSTI]

    Ren, Shaolei

    2012-01-01

    electricity prices and total available re- newable energies (March 21, 2012) in California, USA [electricity prices and total available renew- able energies (March 21, 2012) in California, USA [

  2. Strategic Pricing and Resource Allocation: Framework and Applications

    E-Print Network [OSTI]

    Ren, Shaolei

    2012-01-01

    distributed electric- ity price and renewable energydistributed electricity price and renewable energy supply.and renewable energy supplies, is independently and identically distributed

  3. Electric trade in the United States 1994

    SciTech Connect (OSTI)

    1998-08-01

    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.

  4. Electric power annual 1998. Volume 1

    SciTech Connect (OSTI)

    1999-04-01

    The purpose of this report, Electric Power Annual 1998 Volume 1 (EPAVI), is to provide a comprehensive overview of the electric power industry during the most recent year for which data have been collected, with an emphasis on the major changes that occurred. In response to the changes of 1998, this report has been expanded in scope. It begins with a general review of the year and incorporates new data on nonutility capacity and generation, transmission information, futures prices from the Commodity futures Trading commission, and wholesale spot market prices from the pennsylvania-new Jersey-Maryland Independent System Operator and the California Power Exchange. Electric utility statistics at the Census division and State levels on generation, fuel consumption, stocks, delivered cost of fossil fuels, sales to ultimate customers, average revenue per kilowatthour of electricity sold, and revenues from those retail sales can be found in Appendix A. The EPAVI is intended for a wide audience, including Congress, Federal and State agencies, the electric power industry, and the general public.

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

    E-Print Network [OSTI]

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

  6. Reading the Tea Leaves: How Utilities in the West Are Managing Carbon Regulatory Risk in their Resource Plans

    E-Print Network [OSTI]

    Barbose, Galen

    2008-01-01

    25 5.1 Electricity marketchanges in: wholesale electricity market prices, natural gasas the effects on electricity market and natural gas prices,

  7. WIND ENERGY AND NEGATIVE PRICING

    E-Print Network [OSTI]

    McCalley, James D.

    at negative prices #12;Wind power and negative prices · Wind power production is related to electricity power integration · Negative prices are "market distortions" that need to be addressed · "PTC aggravatesWIND ENERGY AND NEGATIVE PRICING Is Production Tax Credit to Blame? Yu Wang Iowa State University

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    (CAISO) #12;6 FERC Wholesale Power Market Design Adopters to Date http://www.ferc.gov/industries/electric/indus-act/rto/rto-map

  9. Deployment of CCS Technologies across the Load Curve for a Competitive Electricity Market as a Function of CO2 Emissions Permit Prices

    SciTech Connect (OSTI)

    Luckow, Patrick; Wise, Marshall A.; Dooley, James J.

    2011-04-18

    Consistent with other published studies, the modelling presented here reveals that baseload power plants are the first aspects of the electricity sector to decarbonize and are essentially decarbonized once CO2 permit prices exceed a certain threshold ($90/ton CO2 in this study). The decarbonization of baseload electricity is met by significant expansions of nuclear power and renewable energy generation technologies as well as the application of carbon dioxide capture and storage (CCS) technologies applied to both coal and natural gas fired power plants. Relatively little attention has been paid thus far to whether intermediate and peaking units would respond the same way to a climate policy given the very different operational and economic context that these kinds of electricity generation units operate under. In this paper, the authors discuss key aspects of the load segmentation methodology used to imbed a varying electricity demand within the GCAM (a state-of-the-art Integrated Assessment Model) energy and economic modelling framework and present key results on the role CCS technologies could play in decarbonizng subpeak and peak generation (encompassing only the top 10% of the load) and under what conditions. To do this, the authors have modelled two hypothetical climate policies that require 50% and 80% reductions in US emissions from business as usual by the middle of this century. Intermediate electricity generation is virtually decarbonized once carbon prices exceed approximately $150/tonCO2. When CO2 permit prices exceed $160/tonCO2, natural gas power plants with CCS have roughly the same marketshare as conventional gas plants in serving subpeak loads. The penetration of CCS into peak load (upper 6% here) is minimal under the scenarios modeled here suggesting that CO2 emissions from this aspect of the U.S. electricity sector would persist well into the future even with stringent CO2 emission control policies in place.

  10. Oil prices spike to over barreland price

    E-Print Network [OSTI]

    Oil prices spike to over $145/ barreland price of electricity exceeds $0.50/kWh in U.S. Virgin installs waste heat recovery plant, adding19 MWofpower withoutburningasingledropof additionaloil VIEO Biomass Grid Waste-to- Energy Landfill Gas LEGEND Solar EDIN Energy Development in Island Nations EDIN

  11. Trends in demand for retail and wholesale cuts of meat 

    E-Print Network [OSTI]

    Holloway, David Wayne

    1990-01-01

    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...

  12. Replacement-2-A Wholesale Power Rate Schedule | Department of Energy

    Energy Savers [EERE]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on DeliciousMathematicsEnergyInterestedReplacement-2-A Wholesale Power Rate Schedule Replacement-2-A Wholesale Power

  13. Replacement-3 Wholesale Power Rate Schedule | Department of Energy

    Energy Savers [EERE]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on DeliciousMathematicsEnergyInterestedReplacement-2-A Wholesale Power Rate Schedule Replacement-2-A Wholesale

  14. Incorporating the Price of Quality in Efficiency Analysis: The Case of Electricity Distrubution Regulation in the UK

    E-Print Network [OSTI]

    Yu, William; Jamasb, Tooraj; Pollitt, Michael G.

    and the DNOs face trade-offs between capital expenditures (Capex) and operating expenditures (Opex) on the one hand and quality of service and network energy losses on the other. For example, increased spending in new equipment or more rapid response... , Capex, Opex, service quality, and energy loss are regulated under different types of schemes. DNOs should be subject to price of all their inputs price including that of quality of service. Currently, the DNOs are subject to an implicit price...

  15. Applying Psychology to Economic Policy Design: Using Incentive Preserving Rebates to Increase Acceptance of Critical Peak Electricity Pricing

    E-Print Network [OSTI]

    Letzler, Robert

    2007-01-01

    The Community Energy Cooperative’s Energy-Smart Pricing PlanPower, the Community Energy Cooperative, and California’s

  16. Customer-Economics of Residential Photovoltaic Systems: The Impact of High Renewable Energy Penetrations on Electricity Bill Savings with Net Metering

    Broader source: Energy.gov [DOE]

    Residential photovoltaic (PV) systems in the US are often compensated at the customer's underlying retail electricity rate through net metering. There is growing interest in understanding how potential changes in rates may impact the value of bill savings from PV. This article uses a production cost and capacity expansion model to project California hourly wholesale electricity market prices under a reference scenario and a 33% renewables scenario. Second, based on the wholesale electricity market prices generated by the model, the article develops retail rates (i.e., flat, time-of-use, and real-time pricing) for each future scenario based on standard retail rate design principles. Finally, based on these retail rates, the bill savings from PV are estimated for 226 California residential customers under two types of net metering, for each scenario. The article finds that high renewable penetrations can drive substantial changes in residential retail rates and that these changes, together with variations in retail rate structures and PV compensation mechanisms, interact to place substantial uncertainty on the future value of bill savings from residential PV.

  17. Electric trade in the United States, 1996

    SciTech Connect (OSTI)

    1998-12-01

    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.

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

    E-Print Network [OSTI]

    Darghouth, Naim

    2014-01-01

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

  19. The geographic expanse of the market for wholesale electricity

    E-Print Network [OSTI]

    Bailey, Elizabeth M.

    1998-01-01

    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 ...

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

    E-Print Network [OSTI]

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

    2002-01-01

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

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

    E-Print Network [OSTI]

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

    2002-01-01

    Capacity Firm AES Duke Dynegy PG&E Reliant SCE SDG&E OtherCapacity Firm AES Duke Dynegy PG&E Reliant SCE Mirant Other

  2. Electric Wholesale Market Regimes in the United States: Implications for

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on Delicious Rank EERE:FinancingPetroleum Based|DepartmentStatementofApril 25,EVtheEnergyPrepared forEnergy

  3. Fairness and dynamic pricing: comments

    SciTech Connect (OSTI)

    Hogan, William W.

    2010-07-15

    In ''The Ethics of Dynamic Pricing,'' Ahmad Faruqui lays out a case for improved efficiency in using dynamic prices for retail electricity tariffs and addresses various issues about the distributional effects of alternative pricing mechanisms. The principal contrast is between flat or nearly constant energy prices and time-varying prices that reflect more closely the marginal costs of energy and capacity. The related issues of fairness criteria, contracts, risk allocation, cost allocation, means testing, real-time pricing, and ethical policies of electricity market design also must be considered. (author)

  4. Putting downward pressure on natural gas prices: The impact of renewable energy and energy efficiency

    SciTech Connect (OSTI)

    Wiser, Ryan; Bolinger, Mark; St. Clair, Matthew

    2004-05-20

    Increased deployment of renewable energy (RE) and energy efficiency (EE) is expected to reduce natural gas demand and in turn place downward pressure on gas prices. A number of recent modeling studies include an evaluation of this effect. Based on data compiled from those studies summarized in this paper, each 1% reduction in national natural gas demand appears likely to lead to a long-term average wellhead gas price reduction of 0.75% to 2.5%, with some studies predicting even more sizable reductions. Reductions in wellhead prices will reduce wholesale and retail electricity rates, and will also reduce residential, commercial, and industrial gas bills. We further find that many of these studies appear to represent the potential impact of RE and EE on natural gas prices within the bounds of current knowledge, but that current knowledge of how to estimate this effect is extremely limited. While more research is therefore needed, existing studies suggest that it is not unreasonable to expect that any increase in consumer electricity costs attributable to RE and/or EE deployment may be substantially offset by the corresponding reduction in delivered natural gas prices. This effect represents a wealth transfer (from natural gas producers to consumers) rather than a net gain in social welfare, and is therefore not a standard motivation for policy intervention on economic grounds. Reducing gas prices and thereby redistributing wealth may still be of importance in policy circles, however, and may be viewed in those circles as a positive ancillary effect of RE and EE deployment.

  5. WORKING PAPER N 2013 27 Evaluating the law of one price using micro panel data

    E-Print Network [OSTI]

    Boyer, Edmond

    François-Charles Wolff Patrice Guillotreau JEL Codes: L11, Q22, R32 Keywords: Fish, Commodity price, Local This paper investigates spatial variations in product prices using an exhaustive micro dataset on fish transactions. The data record all transactions between vessels and wholesalers that occur on local fish markets

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

    E-Print Network [OSTI]

    Chen, Cliff; Wiser, Ryan; Bolinger, Mark

    2007-01-01

    wholesale electricity price projections as a model output.in natural gas prices projections over the past severalprojections of renewable technology cost, fossil fuel price

  7. 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]

    Tesfatsion, Leigh

    spikes either by withholding capacity from the market or by deliberately inducing congestion in the California electricity market [Moore and Kiesling (2001), Borenstein (2002)] has forcefully brought home the Reliability of FERC's Wholesale Power Market Platform: An Agent-Based Computational Economics Approach Deddy

  8. The Costs and Benefits of Compliance with Renewable Portfolio Standards: Reviewing Experience to Date

    E-Print Network [OSTI]

    Heeter, Jenny

    2014-01-01

    in wholesale electricity prices. Estimates of benefitsprice estimates have been derived through modeling of the electricityelectricity prices, for example, so if wholesale prices are used in cost calculations, then those estimates

  9. Alternative Fuel Price Report - March 28, 2005

    Alternative Fuels and Advanced Vehicles Data Center [Office of Energy Efficiency and Renewable Energy (EERE)]

    At the national average gasoline price of 2.109 per gallon, the fuel cost of an electric Ranger is less than that of its conventional counterpart for electricity price up...

  10. 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...

  11. Observed Temperature Effects on Hourly Residential Electric LoadReduction in Response to an Experimental Critical Peak PricingTariff

    SciTech Connect (OSTI)

    Herter, Karen B.; McAuliffe, Patrick K.; Rosenfeld, Arthur H.

    2005-11-14

    The goal of this investigation was to characterize themanual and automated response of residential customers to high-price"critical" events dispatched under critical peak pricing tariffs testedin the 2003-2004 California Statewide Pricing Pilot. The 15-monthexperimental tariff gave customers a discounted two-price time-of-userate on 430 days in exchange for 27 critical days, during which the peakperiod price (2 p.m. to 7 p.m.) was increased to about three times thenormal time-of-use peak price. We calculated response by five-degreetemperature bins as the difference between peak usage on normal andcritical weekdays. Results indicatedthat manual response to criticalperiods reached -0.23 kW per home (-13 percent) in hot weather(95-104.9oF), -0.03 kW per home (-4 percent) in mild weather (60-94.9oF),and -0.07 kW per home (-9 percent) during cold weather (50-59.9oF).Separately, we analyzed response enhanced by programmable communicatingthermostats in high-use homes with air-conditioning. Between 90oF and94.9oF, the response of this group reached -0.56 kW per home (-25percent) for five-hour critical periods and -0.89 kW/home (-41 percent)for two-hour critical periods.

  12. Electricity sector restructuring and competition : lessons learned

    E-Print Network [OSTI]

    Joskow, Paul L.

    2003-01-01

    We now have over a decade of experience with the privatization, restructuring, regulatory reform, and wholesale and retail competition in electricity sectors around the world. The objectives and design attributes of these ...

  13. The Role of Demand Response in Default Service Pricing

    SciTech Connect (OSTI)

    Barbose, Galen; Goldman, Charles; Neenan, Bernie

    2005-11-09

    Dynamic retail pricing, especially real-time pricing (RTP), has been widely heralded as a panacea for providing much-needed demand response in electricity markets. However, in designing default service for competitive retail markets, demand response has been an afterthought, and in some cases not given any weight at all. But that may be changing, as states that initiated customer choice in the past 5-7 years reach an important juncture in retail market design. Most states with retail choice established an initial transitional period during which utilities were required to offer a default or standard offer generation service, often at a capped or otherwise administratively-determined rate. Many retail choice states have reached the end of their transitional period, and several have adopted or are actively considering an RTP-type default service for large commercial and industrial (C&I) customers. In most cases, the primary reason for adopting RTP as the default service has been to advance policy objectives related to the development of competitive retail markets. However, if attention is paid in its design and implementation, default RTP service can also provide a solid foundation for developing price responsive demand, creating an important link between wholesale and retail market transactions. This article, which draws from a lengthier report, describes experience to date with RTP as a default service, focusing on its role as an instrument for cultivating price responsive demand.1 As of summer 2005, default service RTP was in place or approved for future implementation in five U.S. states: New Jersey, Maryland, Pennsylvania, New York, and Illinois. For each of these states, we conducted a detailed review of the regulatory proceedings leading to adoption of default RTP and interviewed regulatory staff and utilities in these states, as well as eight competitive retail suppliers active in these markets.

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

    SciTech Connect (OSTI)

    Heffner, Grayson C.

    2002-09-01

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

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

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

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

  16. Distributed Generation Dispatch Optimization under Various Electricity Tariffs

    E-Print Network [OSTI]

    Firestone, Ryan; Marnay, Chris

    2007-01-01

    to solar insolation. Energy Prices Electricity prices weresolar insolation that are based on these data. Energy Loads Utility electricityenergy loads (non- cooling electric, electric, and heating), electricity prices, DG availability, and solar

  17. The Value of Distributed Generation and CHP Resources in Wholesale Power Markets, September 2005

    Office of Energy Efficiency and Renewable Energy (EERE)

    Report evaluating DG/CHP as wholesale power resources, installed on the utility side of the customer meter

  18. Proceedings of the IEEE International Conference on Networking, 2001 Optimal Provisioning and Pricing of Internet

    E-Print Network [OSTI]

    Fulp, Errin W.

    The Hierarchical Market Model users service provider domain broker DS Domain retail market wholesale market Fig. 1­7311 USA fulp@wfu.edu 2 Department of Computer Science and Department of Electrical and Computer

  19. Proceedings of the IEEE International Conference on Networking, 2001 Optimal Provisioning and Pricing of Internet

    E-Print Network [OSTI]

    Fulp, Errin W.

    The Hierarchical Market Model users service provider domain broker DS Domain retail market wholesale market Fig. 1-7311 USA fulp@wfu.edu 2 Department of Computer Science and Department of Electrical and Computer

  20. eGallon and Electric Vehicle Sales: The Big Picture | Department...

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

    electricity prices. The state gasoline price above is either the statewide average retail price or a multi-state regional average price reported by EIA. The latest gasoline...

  1. ,"Oregon Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008Wellhead Price (Dollars per Thousand CubicCoalbedWellhead PriceConsumption

  2. ,"Indiana Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008 © OECD/IEA - 2008LNG StorageCoalbedPrices"+Wellhead PriceLNG Storage

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

  4. EIS-0102: Bonneville Power Administration's 1983 Wholesale Power Rate

    Broader source: Energy.gov [DOE]

    The U.S. Department of Energy's Bonneville Power Administration prepared this EIS to evaluate the potential environmental impacts associated with an increase in wholesale power rates that would become effective on November 1, 1983, including the effects of rate hikes in that year and the cumulative effects of previous rate hikes.

  5. Wholesale Power Rate Schedules | Department of Energy

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on Delicious Rank EERE: Alternative FuelsofProgram: Report1538-1950DepartmentWave EnergyElectricityRate Schedules »

  6. The Consequences for Consumer Welfare of the 2001-2003 Electricity Distribution Price Review in The Netherlands

    E-Print Network [OSTI]

    Nillesen, Paul; Pollitt, Michael G.

    2006-03-14

    ). In Spain, the regulator has used model firms for specific geographical areas to allocate a portion of the total system revenues among distribution utilities. Also, the sliding scale method (as used by the California PUC) can be viewed as a form... was an advisor to the DTe in the initial phases of regulation (1999), later advising several of the companies on regulatory strategy. 2 I. Introduction The price control review has become a key element of independent economic regulation of network...

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

    E-Print Network [OSTI]

    Zhuang, Weihua

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

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

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

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

  9. ,"Utah Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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: AlternativeMonthly","10/2015" ,"ReleaseMonthly","10/2015"Prime Supplier Sales VolumesPrices byUpcoming U.S. Natural

  10. ,"Vermont Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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: AlternativeMonthly","10/2015" ,"ReleaseMonthly","10/2015"Prime Supplier Sales VolumesPrices byUpcoming

  11. ,"Virginia Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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: AlternativeMonthly","10/2015" ,"ReleaseMonthly","10/2015"Prime Supplier Sales VolumesPricesMonthly","10/2015"

  12. ,"Montana Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008 © OECD/IEA -Liquids LeaseAnnual",2014Wellhead PriceConsumption

  13. ,"Ohio Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008Wellhead Price (Dollars per Thousand Cubic Feet)"Consumption by EndLiquids

  14. ,"Oklahoma Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008Wellhead Price (Dollars per Thousand CubicCoalbed Methane

  15. ,"Pennsylvania Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008Wellhead Price (Dollars per ThousandAnnual",2014CoalbedAnnual",2014

  16. ,"Rhode Island Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008Wellhead PriceConsumption by End Use" ,"Click worksheet nameLNG Storage

  17. ,"South Carolina Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008Wellhead PriceConsumption by End Use" ,"ClickConsumptionLNG Storage

  18. ,"South Dakota Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008Wellhead PriceConsumption by EndAnnual",2014 ,"ReleaseAnnual",2014

  19. ,"Tennessee Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008Wellhead PriceConsumption by9" ,"Released:3a. January

  20. ,"Texas Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008Wellhead PriceConsumption by9"Coalbed MethaneDryDryDryLNG Storage

  1. ,"Arkansas Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008 © OECD/IEA - 2008 ©Prices" ,"ClickAnnual",2014Plant

  2. ,"Georgia Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008 © OECD/IEA - 2008LNG StorageCoalbed MethaneWellhead PriceConsumption byLNG

  3. ,"Idaho Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008 © OECD/IEA - 2008LNG StorageCoalbedPrices" ,"ClickConsumption

  4. ,"Illinois Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008 © OECD/IEA - 2008LNG StorageCoalbedPrices"+ LeaseAnnual",2014

  5. ,"Iowa Natural Gas Price Sold to Electric Power Consumers (Dollars per Thousand Cubic Feet)"

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

    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 PageMonthly","10/2015"4,"Ames City of",6,1,"Omaha Public PowerOECD/IEA - 2008 © OECD/IEA - 2008LNG StorageCoalbedPrices"+WellheadWellheadLNG Storage

  6. Regulation-1 Wholesale Power Rate Schedule | Department of Energy

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on Delicious RankADVANCED MANUFACTURINGEnergy BillsNo. 195 - Oct. 7,DOERTI |Service2010)RegionalRegulation-1 Wholesale

  7. NC-1-B Wholesale Power Rate Schedule | Department of Energy

    Energy Savers [EERE]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on DeliciousMathematicsEnergyInterested Parties -Department of EnergyNEW YORK STATENASACompanyfromNC-1-B Wholesale

  8. Accounting for fuel price risk when comparing renewable to gas-fired generation: the role of forward natural gas prices

    E-Print Network [OSTI]

    Bolinger, Mark; Wiser, Ryan; Golove, William

    2004-01-01

    Profiles of Renewable and Natural Gas Electricity Contracts:Price Risk: Using Forward Natural Gas Prices Instead of Gas2001). “Which way the natural gas price: an attempt to

  9. Competitive electricity markets and investment in new generating capacity

    E-Print Network [OSTI]

    Joskow, Paul L.

    2006-01-01

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

  10. Market power and electricity market reform in Northeast China

    E-Print Network [OSTI]

    Zhang, Xiaochun

    2008-01-01

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

  11. Spot pricing of public utility services

    E-Print Network [OSTI]

    Bohn, Roger E.

    1982-01-01

    This thesis analyzes how public utility prices should be changed over time and space. Earlier static and non spatial models of public utility pricing emerge as special cases of the theory developed here. Electricity is ...

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

    E-Print Network [OSTI]

    Chen, Cliff; Wiser, Ryan; Bolinger, Mark

    2007-01-01

    detailed wholesale electricity price projections as a modelelectricity bills, and renewable energy certificate (REC) prices. Developing a consistent set of metrics for comparing cost projections

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

    E-Print Network [OSTI]

    Ernst, Damien

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

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

    E-Print Network [OSTI]

    Glachant, Jean-Michel; Saguan, Marcelo

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

  15. Real Time Pricing as a Default or Optional Service for C&ICustomers: A Comparative Analysis of Eight Case Studies

    SciTech Connect (OSTI)

    Barbose, Galen; Goldman, Charles; Bharvirkar, Ranjit; Hopper,Nicole; Ting, Michael; Neenan, Bernie

    2005-08-01

    Demand response (DR) has been broadly recognized to be an integral component of well-functioning electricity markets, although currently underdeveloped in most regions. Among the various initiatives undertaken to remedy this deficiency, public utility commissions (PUC) and utilities have considered implementing dynamic pricing tariffs, such as real-time pricing (RTP), and other retail pricing mechanisms that communicate an incentive for electricity consumers to reduce their usage during periods of high generation supply costs or system reliability contingencies. Efforts to introduce DR into retail electricity markets confront a range of basic policy issues. First, a fundamental issue in any market context is how to organize the process for developing and implementing DR mechanisms in a manner that facilitates productive participation by affected stakeholder groups. Second, in regions with retail choice, policymakers and stakeholders face the threshold question of whether it is appropriate for utilities to offer a range of dynamic pricing tariffs and DR programs, or just ''plain vanilla'' default service. Although positions on this issue may be based primarily on principle, two empirical questions may have some bearing--namely, what level of price response can be expected through the competitive retail market, and whether establishing RTP as the default service is likely to result in an appreciable level of DR? Third, if utilities are to have a direct role in developing DR, what types of retail pricing mechanisms are most appropriate and likely to have the desired policy impact (e.g., RTP, other dynamic pricing options, DR programs, or some combination)? Given a decision to develop utility RTP tariffs, three basic implementation issues require attention. First, should it be a default or optional tariff, and for which customer classes? Second, what types of tariff design is most appropriate, given prevailing policy objectives, wholesale market structure, ratemaking practices and standards, and customer preferences? Third, if a primary goal for RTP implementation is to induce DR, what types of supplemental activities are warranted to support customer participation and price response (e.g., interval metering deployment, customer education, and technical assistance)?

  16. The Role of Demand Response in Default Service Pricing

    SciTech Connect (OSTI)

    Barbose, Galen; Goldman, Chuck; Neenan, Bernie

    2006-03-10

    Dynamic retail electricity pricing, especially real-time pricing (RTP), has been widely heralded as a panacea for providing much-needed demand response in electricity markets. However, in designing default service for competitive retail markets, demand response often appears to be an afterthought. But that may be changing as states that initiated customer choice in the past 5-7 years reach an important juncture in retail market design. Most states with retail choice established an initial transitional period, during which utilities were required to offer a default or ''standard offer'' generation service, often at a capped or otherwise administratively-determined rate. Many retail choice states have reached, or are nearing, the end of their transitional period and several states have adopted an RTP-type default service for large commercial and industrial (C&I) customers. Are these initiatives motivated by the desire to induce greater demand response, or is RTP being called upon to serve a different role in competitive markets? Surprisingly, we found that in most cases, the primary reason for adopting RTP as the default service was not to encourage demand response, but rather to advance policy objectives related to the development of competitive retail markets. However, we also find that, if efforts are made in its design and implementation, default RTP service can also provide a solid foundation for developing price responsive demand, creating an important link between wholesale and retail market transactions. This paper, which draws from a lengthier report, describes the experience to date with default RTP in the U.S., identifying findings related to its actual and potential role as an instrument for cultivating price responsive demand [1]. For each of the five states currently with default RTP, we conducted a detailed review of the regulatory proceedings leading to its adoption. To further understand the intentions and expectations of those involved in its design and implementation, we also interviewed regulatory staff and utilities in each state, as well as eight of the most prominent competitive retail suppliers operating in these markets which, together, comprised about 60-65% of competitive C&I sales in the U.S. in 2004 [2].

  17. The Value of Renewable Energy as a Hedge Against Fuel Price Risk: Analytic Contributions from Economic and Finance Theory

    SciTech Connect (OSTI)

    Bolinger, Mark A; Wiser, Ryan

    2008-09-15

    For better or worse, natural gas has become the fuel of choice for new power plants being built across the United States. According to the Energy Information Administration (EIA), natural gas-fired units account for nearly 90% of the total generating capacity added in the U.S. between 1999 and 2005 (EIA 2006b), bringing the nationwide market share of gas-fired generation to 19%. Looking ahead over the next decade, the EIA expects this trend to continue, increasing the market share of gas-fired generation to 22% by 2015 (EIA 2007a). Though these numbers are specific to the US, natural gas-fired generation is making similar advances in many other countries as well. A large percentage of the total cost of gas-fired generation is attributable to fuel costs--i.e., natural gas prices. For example, at current spot prices of around $7/MMBtu, fuel costs account for more than 75% of the levelized cost of energy from a new combined cycle gas turbine, and more than 90% of its operating costs (EIA 2007a). Furthermore, given that gas-fired plants are often the marginal supply units that set the market-clearing price for all generators in a competitive wholesale market, there is a direct link between natural gas prices and wholesale electricity prices. In this light, the dramatic increase in natural gas prices since the 1990s should be a cause for ratepayer concern. Figure 1 shows the daily price history of the 'first-nearby' (i.e., closest to expiration) NYMEX natural gas futures contract (black line) at Henry Hub, along with the futures strip (i.e., the full series of futures contracts) from August 22, 2007 (red line). First, nearby prices, which closely track spot prices, have recently been trading within a $7-9/MMBtu range in the United States and, as shown by the futures strip, are expected to remain there through 2012. These price levels are $6/MMBtu higher than the $1-3/MMBtu range seen throughout most of the 1990s, demonstrating significant price escalation for natural gas in the United States over a relatively brief period. Perhaps of most concern is that this dramatic price increase was largely unforeseen. Figure 2 compares the EIA's natural gas wellhead price forecast from each year's Annual Energy Outlook (AEO) going back to 1985 against the average US wellhead price that actually transpired. As shown, our forecasting abilities have proven rather dismal over time, as over-forecasts made in the late 1980's eventually yielded to under-forecasts that have persisted to this day. This historical experience demonstrates that little weight should be placed on any one forecast of future natural gas prices, and that a broad range of future price conditions ought to be considered in planning and investment decisions. Against this backdrop of high, volatile, and unpredictable natural gas prices, increasing the market penetration of renewable generation such as wind, solar, and geothermal power may provide economic benefits to ratepayers by displacing gas-fired generation. These benefits may manifest themselves in several ways. First, the displacement of natural gas-fired generation by increased renewable generation reduces ratepayer exposure to natural gas price risk--i.e., the risk that future gas prices (and by extension future electricity prices) may end up markedly different than expected. Second, this displacement reduces demand for natural gas among gas-fired generators, which, all else equal, will put downward pressure on natural gas prices. Lower natural gas prices in turn benefit both electric ratepayers and other end-users of natural gas. Using analytic approaches that build upon, yet differ from, the past work of others, including Awerbuch (1993, 1994, 2003), Kahn and Stoft (1993), and Humphreys and McClain (1998), this chapter explores each of these two potential 'hedging' benefits of renewable electricity. Though we do not seek to judge whether these two specific benefits outweigh any incremental cost of renewable energy (relative to conventional fuels), we do seek to quantify the magnitude of these two individual benefit

  18. Reforming Household Energy Markets: Some Welfare Effects in the United Catherine Waddams Price

    E-Print Network [OSTI]

    Feigon, Brooke

    and elsewhere are discussed, as prices rise to reflect shortages in wholesale markets and carbon reduction for the various projects has been provided by the Economic and Social Research Council under awards RO22250147. Introduction Privatisation and reregulation have transformed the various parts of the British1 energy supply

  19. Marketing Practices and Costs of Texas Egg Producer-Wholesalers

    E-Print Network [OSTI]

    Shafer, Carl E.

    1964-01-01

    -wholesalers. It was not cafes and but they not be to a random sample of the producer-who~esaler compete for the large retailer outlets. The small population, of Texas. producers generally have higher costs per cue and insufficient volume to adequately service Labor... efficiency. Size Number Tt: Whole- On group SalerS consumer stores At cafes other1 Labor Efficiency and Costs routes farm Differences in costs per case for egg cle- - - - - - Number - - - - livery were mainly associated with variatiolli 1 A 1s 4 9 3...

  20. Santee-1-E Wholesale Power Rate Schedule | Department of Energy

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on Delicious Rank EERE:Financing Tool FitsProjectData Dashboard RutlandSTEAB's1-E Wholesale Power Rate Schedule Santee-1-E

  1. Santee-2-E Wholesale Power Rate Schedule | Department of Energy

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

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on Delicious Rank EERE:Financing Tool FitsProjectData Dashboard RutlandSTEAB's1-E Wholesale Power Rate Schedule

  2. SOCO-4-E Wholesale Power Rate Schedule | Department of Energy

    Energy Savers [EERE]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on DeliciousMathematicsEnergyInterestedReplacement-2-AA-1 SECTION J APPENDIX ADepartmentSOCO-4-E Wholesale Power Rate

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

    E-Print Network [OSTI]

    approach to curb the effects of ``hockey stick'' pricing in the spot electricity market run by the Electric for these services are exhausted. In markets where energy or capacity is pur- chased through a uniform price auction.tej.2004.03.001 The Electricity Journal #12;are paid the same market clearing price (MCP), the presence

  4. Nonlinear Pricing in Energy and Environmental Markets

    E-Print Network [OSTI]

    Ito, Koichiro

    2011-01-01

    Do Consumers Respond? Residential Demand Elasticity UnderPrice elasticity of residential demand for water: A meta-Evidence from Residential Electricity Demand. ” The Review

  5. Cheese Prices 

    E-Print Network [OSTI]

    Schwart Jr., Robert B.; Anderson, David P.; Knutson, Ronald D.

    2003-08-25

    Cheese prices are derived from the USDA Agricultural Marketing Service Market News, the National Agricultural Statistics Service, and the Chicago Mercantile Exchange. This publication explains the process of cheese pricing. It includes information...

  6. Milk Pricing 

    E-Print Network [OSTI]

    Anderson, David P.; Haigh, Michael; Stockton, Matthew; Schwart Jr., Robert B.

    2001-09-10

    This publication discusses the federal orders that govern the marketing of milk. The production location and form of the milk product affect the way it is priced. The different classes of milk and their prices are explained in detail....

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    Integrated Retail and Wholesale (IRW) Power System Operations with Smart-Grid Functionality Leigh-NE, MISO, XM, RTE, MEC IRW Project: Integrated Retail/Wholesale Power System Operation with Smart-Grid Functionality 3 #12;4 Meaning of "Smart Grid Functionality"? For our project purposes: Smart-grid functionality

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    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 with "smart-grid functionality." By smart-grid functionality we mean service-oriented grid enhancements

  9. Class Pricing

    E-Print Network [OSTI]

    Wernerfelt, Birger

    2008-01-15

    A contract with K-class pricing divides a large set of goods or services into K classes and assigns a single price to any element of a class. Class pricing can be efficient when several different versions may be traded and ...

  10. Price changes in the gasoline market: Are Midwestern gasoline prices downward sticky?

    SciTech Connect (OSTI)

    NONE

    1999-03-01

    This report examines a recurring question about gasoline markets: why, especially in times of high price volatility, do retail gasoline prices seem to rise quickly but fall back more slowly? Do gasoline prices actually rise faster than they fall, or does this just appear to be the case because people tend to pay more attention to prices when they`re rising? This question is more complex than it might appear to be initially, and it has been addressed by numerous analysts in government, academia and industry. The question is very important, because perceived problems with retail gasoline pricing have been used in arguments for government regulation of prices. The phenomenon of prices at different market levels tending to move differently relative to each other depending on direction is known as price asymmetry. This report summarizes the previous work on gasoline price asymmetry and provides a method for testing for asymmetry in a wide variety of situations. The major finding of this paper is that there is some amount of asymmetry and pattern asymmetry, especially at the retail level, in the Midwestern states that are the focus of the analysis. Nevertheless, both the amount asymmetry and pattern asymmetry are relatively small. In addition, much of the pattern asymmetry detected in this and previous studies could be a statistical artifact caused by the time lags between price changes at different points in the gasoline distribution system. In other words, retail gasoline prices do sometimes rise faster than they fall, but this is largely a lagged market response to an upward shock in the underlying wholesale gasoline or crude oil prices, followed by a return toward the previous baseline. After consistent time lags are factored out, most apparent asymmetry disappears.

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    with smart-grid functionality. The test bed will seam together two existing test beds, the AMES Wholesale and wholesale power sys- tem operation with smart-grid functionality. This project is innovative in three key of retail and wholesale power mar- kets operating over transmission and distribution grids with "smart-grid

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

  13. Power System Modeling of 20percent Wind-Generated Electricity by 2030

    E-Print Network [OSTI]

    Hand, Maureen

    2008-01-01

    fuel price forecast Coal prices follow AEO 2007 referencecoal- and natural gas-based electricity generation analyzed here include decreased natural gas prices,

  14. An Analysis of the Effects of Photovoltaic Energy Systems on Residential Selling Prices in California.

    E-Print Network [OSTI]

    Cappers, Peter

    2012-01-01

    Residential Photovoltaic Energy Systems on Home Sales Prices in CaliforniaCalifornia electric utilities provide service under tiered residential rates that charge progressively higher prices for energy

  15. ELECTRIC

    Office of Legacy Management (LM)

    you nay give us will be greatly uppreckted. VPry truly your23, 9. IX. Sin0j3, Mtinager lclectronics and Nuclear Physics Dept. omh , WESTINGHOUSE-THE NAT KING IN ELECTRICITY...

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

    E-Print Network [OSTI]

    New South Wales, University of

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

  17. Distributed Generation Dispatch Optimization under Various Electricity Tariffs

    E-Print Network [OSTI]

    Firestone, Ryan; Marnay, Chris

    2007-01-01

    price ($/kWh) Distributed Generation Dispatch Optimization Under Various Electricity Tariffs carbon (

  18. Deregulating and regulatory reform in the U.S. electric power sector

    E-Print Network [OSTI]

    Joskow, Paul L.

    2000-01-01

    This paper discusses the evolution of wholesale and retail competition in the U.S electricity sector and associated industry restructuring and regulatory reforms. It begins with a discussion of the industry structure and ...

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

    E-Print Network [OSTI]

    Joskow, Paul L.

    2003-01-01

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

  20. The changing structure of the electric power industry: Selected issues, 1998

    SciTech Connect (OSTI)

    NONE

    1998-07-01

    More than 3,000 electric utilities in the United States provide electricity to sustain the Nation`s economic growth and promote the well-being of its inhabitants. At the end of 1996, the net generating capability of the electric power industry stood at more than 776,000 megawatts. Sales to ultimate consumers in 1996 exceeded 3.1 trillion kilowatthours at a total cost of more than $210 billion. In addition, the industry added over 9 million new customers during the period from 1990 through 1996. The above statistics provide an indication of the size of the electric power industry. Propelled by events of the recent past, the industry is currently in the midst of changing from a vertically integrated and regulated monopoly to a functionally unbundled industry with a competitive market for power generation. Advances in power generation technology, perceived inefficiencies in the industry, large variations in regional electricity prices, and the trend to competitive markets in other regulated industries have all contributed to the transition. Industry changes brought on by this movement are ongoing, and the industry will remain in a transitional state for the next few years or more. During the transition, many issues are being examined, evaluated, and debated. This report focuses on three of them: how wholesale and retail prices have changed since 1990; the power and ability of independent system operators (ISOs) to provide transmission services on a nondiscriminatory basis; and how issues that affect consumer choice, including stranded costs and the determination of retail prices, may be handled either by the US Congress or by State legislatures.

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

    E-Print Network [OSTI]

    Darghouth, Naim Richard

    2013-01-01

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

  2. Optimal Control of Distributed Energy Resources and Demand Response under Uncertainty

    E-Print Network [OSTI]

    Siddiqui, Afzal

    2010-01-01

    electricity and natural gas prices • Section 5 summarizesF P t : wholesale natural gas price during day t (in $/electricity and natural gas prices, then V t (? t ) is the

  3. Explaining EIA Crude Oil and Petroleum Product Price Data and Comparing with Other U.S. Government Data Sources, 2001 to 2010

    Reports and Publications (EIA)

    2012-01-01

    This article describes the sampling frames and basic data collection methods for petroleum price data reported by Energy Information Administration (EIA) and other Government agencies. In addition, it compares and contrasts annual average prices reported by EIA with comparable prices from the Bureau of Labor Statistics (BLS) CPI (Consumer Price Indexes) for the retail prices of residential No. 2 distillate, on-highway diesel fuel and motor gasoline (all grades.) Further, it compares refiner wholesale/resale prices for No. 2 fuel oil, No. 2 diesel fuel, motor gasoline (all grades,) kerosene-type jet fuel and residual fuel oil reported by EIA with comparable prices from the BLS PPI (Producer Price Index.) A discussion of the various crude oil prices and spot/futures prices published by EIA and other Government agencies is also included in the article.

  4. Progress towards Managing Residential Electricity Demand: Impacts of Standards and Labeling for Refrigerators and Air Conditioners in India

    E-Print Network [OSTI]

    McNeil, Michael A.

    2010-01-01

    and Cost of Conserved Energy Given estimates of retail price, UEC, marginal electricity prices and discount rates, calculation

  5. Optimal investment and scheduling of distributed energy resources with uncertainty in electric vehicles driving schedules

    E-Print Network [OSTI]

    Cardoso, Goncalo

    2014-01-01

    price of electric vehicle electricity exchange at home, $/kWh marginal carboncarbon emissions rate from generation technology j, kg/kWh price

  6. Electric trade in the United States 1992

    SciTech Connect (OSTI)

    Not Available

    1994-09-01

    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.

  7. Innnovative wholesale carcass fabrication and retail cutting to optimize beef value 

    E-Print Network [OSTI]

    Pfeiffer, Kyle David

    2006-04-12

    This study evaluated innovations in beef wholesale carcass fabrication that may have potential for improving subprimal yield and overall value of the beef carcass. Thirty beef carcasses, equally representing USDA Choice and Select and USDA yield...

  8. Natural Gas Electric Power Price

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963Residential2, 2014ProvedYearthrough2,290,489 2,249,187 2,334,573

  9. Natural Gas Electric Power Price

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963Residential2, 2014ProvedYearthrough2,290,489 2,249,187 2,334,573

  10. Natural Gas Electric Power Price

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963Residential2, 2014ProvedYearthrough2,290,489 2,249,187

  11. An Analysis of the Effects of Residential Photovoltaic Energy Systems on Home Sales Prices in California

    E-Print Network [OSTI]

    Hoen, Ben

    2011-01-01

    Residential Photovoltaic Energy Systems on Home Sales Prices in CaliforniaResidential Photovoltaic Energy Systems on Home Sales Prices in CaliforniaCalifornia electric utilities provide service under tiered residential rates that charge progressively higher prices for energy

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

    E-Print Network [OSTI]

    Monteiro, Edmundo

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

  13. Efficiency and Environmental Impacts of Electricity Restructuring on Coal-fired Power Plants

    E-Print Network [OSTI]

    WITHOUT PERMISSION Abstract We investigate the impacts of electricity market restructuring on fuel-plants reallocation of electricity generation, restructuring appears to have on average lower capacity factors, to competitive wholesale electricity markets. Here independent generators would sell their electricity to buyers

  14. The Texas Wholesale Meat Distribution Industry -- Structure, Operational Characteristics and Competitive Practices. 

    E-Print Network [OSTI]

    Dietrich, Raymond A.

    1976-01-01

    Bulletin] The Texas Wholesale Meat Distribution Industry - Structure, Operational Characteristics, and Competitive Practices Mentior, of a tradehark or a proprietary product does not constitute a guarantee or warranty of the product by The Texas..., religion, sex, age, or national origin. [Blank Page in Original Bulletin] CONTENTS Page Highlights Introduction ............9..8...v..000..000*.00.00.t8 1 Structural Characteristics of the U . S . and Texas Wholesale Meat Industry...

  15. ELECTRIC

    Office of Legacy Management (LM)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of NaturalDukeWakefield Municipal Gas &SCE-SessionsSouth DakotaRobbins and Myers CoMadison -T: Designation ofSEPE.ELECTRIC

  16. Monthly/Annual Energy Review - electricity section

    Reports and Publications (EIA)

    2015-01-01

    Monthly and latest annual statistics on electricity generation, capacity, end-use, fuel use and stocks, and retail price.

  17. How regulators should use natural gas price forecasts

    SciTech Connect (OSTI)

    Costello, Ken

    2010-08-15

    Natural gas prices are critical to a range of regulatory decisions covering both electric and gas utilities. Natural gas prices are often a crucial variable in electric generation capacity planning and in the benefit-cost relationship for energy-efficiency programs. High natural gas prices can make coal generation the most economical new source, while low prices can make natural gas generation the most economical. (author)

  18. Renewable Electricity Purchases: History and Recent Developments

    Reports and Publications (EIA)

    1999-01-01

    This article presents an analysis of prices of renewable-based electricity that utilities have paid to nonutilities, the primary generators of renewable electricity.

  19. Forecasting the Hourly Ontario Energy Price by Multivariate Adaptive Regression Splines

    E-Print Network [OSTI]

    Cańizares, Claudio A.

    for forecasting the Spanish electricity market prices. On the other hand, ARIMA, dynamic regression and transfer been used to forecast the Spanish market prices [7], [9], Californian market prices [9], Leipzig power have been used for forecasting the Spanish and Californian market prices [11] and the PJM market prices

  20. Essays on Price Dynamics

    E-Print Network [OSTI]

    Hong, Gee Hee

    2012-01-01

    market power resulting in higher cost pass-through and more frequent retail (retail and wholesale) and allowing us to easily identify transactions where the manufacturer has more or less market power (

  1. An Analysis of Residential PV System Price Differences Between the United States and Germany

    E-Print Network [OSTI]

    Seel, Joachim

    2014-01-01

    electricity prices over time (similar to the new reality in GermanyGermany $/W German system price $ 2011/W FiT $/kWh Electricityprice differences between Germany and the United States affect the associated electricity

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    ://www.ferc.gov/industries/electric/indus-act/rto/rto-map.asp #12;5 U.S. Wholesale Electric Power Operator (ISO) or Regional Transmission Organization (RTO) having no ownership stake · Two;8 Typical ISO/RTO Two-Settlement System Activities on a Single Day D-1 8 00:00 11:00 16:00 23:00 Real- Time

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

    E-Print Network [OSTI]

    Oren, Shmuel S.

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

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

    E-Print Network [OSTI]

    Hickman, Mark

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

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

    E-Print Network [OSTI]

    Rudnick, Hugh

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

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

    E-Print Network [OSTI]

    Tesfatsion, Leigh

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

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

    E-Print Network [OSTI]

    Nagurney, Anna

    An Integrated Electric Power Supply Chain and Fuel Market Network Framework: Theoretical Modeling with Empirical review An integrated electric power supply chain and fuel market network framework Empirical case study primary energy (Energy Information Administration (2000, 2005)) Deregulation Wholesale market Bilateral

  8. Distributed Energy Consumption Control via Real-Time Pricing Feedback in Smart Grid

    E-Print Network [OSTI]

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

    2014-01-01

    estimates the average demand of consumers based on the historical data and then publishes the electricity price

  9. BulkPower SystemDynamicsandControlIV-Restructuring, August24-28,Santorini,Greece. Priority Network Access Pricing for Electric Power

    E-Print Network [OSTI]

    - lating network access that is simple to implement, facil- itates energy trading and will promote e cient of the transmission prices is a severe obstacle to e cient bilateral energy trading. see Wu, Varaiya, Spiller and Oren trader to either physical injection of one unit of energy or a compensation payment that equals to the di

  10. State energy price and expenditure report 1993

    SciTech Connect (OSTI)

    1995-12-01

    The State Energy Price and Expenditure Report (SEPER) presents energy price and expenditure estimates individually for the 50 states and the District of Columbia and in aggregate for the US. The five economic sectors used in SEPER correspond to those used in SEDR and are residential, commercial, industrial, transportation, and electric utility. Documentation in appendices describe how the price estimates are developed, provide conversion factors for measures used in the energy analysis, and include a glossary. 65 tabs.

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

    E-Print Network [OSTI]

    Wohl, J.

    2001-01-01

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

  12. Breakeven Prices for Photovoltaics on Supermarkets in the United States

    SciTech Connect (OSTI)

    Ong, S.; Clark, N.; Denholm, P.; Margolis, R.

    2013-03-01

    The photovoltaic (PV) breakeven price is the PV system price at which the cost of PV-generated electricity equals the cost of electricity purchased from the grid. This point is also called 'grid parity' and can be expressed as dollars per watt ($/W) of installed PV system capacity. Achieving the PV breakeven price depends on many factors, including the solar resource, local electricity prices, customer load profile, PV incentives, and financing. In the United States, where these factors vary substantially across regions, breakeven prices vary substantially across regions as well. In this study, we estimate current and future breakeven prices for PV systems installed on supermarkets in the United States. We also evaluate key drivers of current and future commercial PV breakeven prices by region. The results suggest that breakeven prices for PV systems installed on supermarkets vary significantly across the United States. Non-technical factors -- including electricity rates, rate structures, incentives, and the availability of system financing -- drive break-even prices more than technical factors like solar resource or system orientation. In 2020 (where we assume higher electricity prices and lower PV incentives), under base-case assumptions, we estimate that about 17% of supermarkets will be in utility territories where breakeven conditions exist at a PV system price of $3/W; this increases to 79% at $1.25/W (the DOE SunShot Initiative's commercial PV price target for 2020). These percentages increase to 26% and 91%, respectively, when rate structures favorable to PV are used.

  13. Direct participation of electrical loads in the California independent system operator markets during the Summer of 2000

    SciTech Connect (OSTI)

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

    2001-04-01

    California's restructured electricity markets opened on 1 April 1998. The former investor-owned utilities were functionally divided into generation, transmission, and distribution activities, all of their gas-fired generating capacity was divested, and the retail market was opened to competition. To ensure that small customers shared in the expected benefit of lower prices, the enabling legislation mandated a 10% rate cut for all customers, which was implemented in a simplistic way that fossilized 1996 tariff structures. Rising fuel and environmental compliance costs, together with a reduced ability to import electricity, numerous plant outages, and exercise of market power by generators drove up wholesale electricity prices steeply in 2000, while retail tariffs remained unchanged. One of the distribution/supply companies entered bankruptcy in April 2001, and another was insolvent. During this period, two sets of interruptible load programs were in place, longstanding ones organized as special tariffs by the distribution/supply companies and hastily established ones run directly by the California Independent System Operator (CAISO). The distribution/supply company programs were effective at reducing load during the summer of 2000, but because of the high frequency of outages required by a system on the brink of failure, customer response declined and many left the tariff. The CAISO programs failed to attract enough participation to make a significant difference to the California supply demand imbalance. The poor performance of direct load participation in California's markets reinforces the argument for accurate pricing of electricity as a stimulus to energy efficiency investment and as a constraint on market volatility.

  14. Soft Price Caps and Underscheduling Penalties: How Would the FERC Plan Affect

    E-Print Network [OSTI]

    California at Berkeley. University of

    Wholesale Electrics, issued November 1, 2000. The first allows the IOUs to purchase power outside the PX of its investor-owned utilities (IOUs) to purchase power through long-term forward contracts by forcing them to purchase most of their power in the PX's day-ahead market. FERC staff has noted two benefits

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

    E-Print Network [OSTI]

    Chli, Maria

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

  16. 851 S.W. Sixth Avenue, Suite 1100 Steve Crow 503-222-5161 Portland, Oregon 97204-1348 Executive Director 800-452-5161

    E-Print Network [OSTI]

    power market prices as part of its electric power and conservation planning process. The power price and rising retail rates in the near-term. This divergence between wholesale power prices and retail. Eden Oregon Joan M. Dukes Oregon INTERIM WHOLESALE POWER PRICE FORECAST MARCH 6, 2008 Council Document

  17. Abstract--An evolutionary "Third Way" approach for restructuring the electricity industry is proposed, striking a

    E-Print Network [OSTI]

    Oren, Shmuel S.

    Abstract-- An evolutionary "Third Way" approach for restructuring the electricity industry aspects of implementing this role within liberalized wholesale markets are also examined. Index Terms--Electricity of the electricity industry that builds on lessons learned from experience and the principle of risk management

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

    E-Print Network [OSTI]

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

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

    E-Print Network [OSTI]

    Oren, Shmuel S.

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

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

    E-Print Network [OSTI]

    Monteiro, Edmundo

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

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

    E-Print Network [OSTI]

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

  2. B O N N E V I L L E P O W E R A D M I N I S T R A T I O Long...

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

    resources in the region have resulted in significant downward pressure on the wholesale market prices for electricity. These changes to the market environment have coincided with...

  3. Demand Response - Policy | Department of Energy

    Office of Environmental Management (EM)

    customers, designed to induce lower electricity use typically at times of high market prices or when grid reliability is jeopardized. In regions with centrally organized wholesale...

  4. QUARTERLY NUCLEAR POWER DEPLOYMENT SUMMARY APRIL 2015

    Energy Savers [EERE]

    also followed from low wholesale electricity prices; closures at San Onofre and Crystal River were both due to problems related to steam generator replacements. There are...

  5. QUARTERLY NUCLEAR POWER DEPLOYMENT SUMMARY JANUARY 2015

    Energy Savers [EERE]

    also followed from low wholesale electricity prices; closures at San Onofre and Crystal River were both due to problems related to steam generator replacements. There are...

  6. Valuing the Time-Varying Electricity Production of Solar Photovoltaic Cells

    E-Print Network [OSTI]

    Borenstein, Severin

    2005-01-01

    photovoltaic cells remain a relatively expensive way to generate electricity, but with increasing natural gas prices

  7. Volumetric Hedging in Electricity Procurement Department of Industrial Engineering

    E-Print Network [OSTI]

    Oren, Shmuel S.

    Volumetric Hedging in Electricity Procurement Yumi Oum Department of Industrial Engineering electricity service at regulated prices in restructured electricity markets, face price and quantity risk. We in the electricity industry has put high price risk on market partici- pants, particularly on load serving entities

  8. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    2004. “OPEC’s Optimal Crude Oil Price,” Energy Policy 32(2),percent change in real oil price. Figure 3. Price of crude023 Understanding Crude Oil Prices James D. Hamilton June

  9. Comparison of AEO 2008 Natural Gas Price Forecast to NYMEX Futures Prices

    SciTech Connect (OSTI)

    Bolinger, Mark A; Bolinger, Mark; Wiser, Ryan

    2008-01-07

    On December 12, 2007, the reference-case projections from Annual Energy Outlook 2008 (AEO 2008) were posted on the Energy Information Administration's (EIA) web site. We at LBNL have, in the past, compared the EIA's reference-case long-term natural gas price forecasts from the AEO series to contemporaneous natural gas prices that can be locked in through the forward market, with the goal of better understanding fuel price risk and the role that renewables can play in mitigating such risk. As such, we were curious to see how the latest AEO reference-case gas price forecast compares to the NYMEX natural gas futures strip. This brief memo presents our findings. Note that this memo pertains only to natural gas fuel price risk (i.e., the risk that natural gas prices might differ over the life of a gas-fired generation asset from what was expected when the decision to build the gas-fired unit was made). We do not take into consideration any of the other distinct attributes of gas-fired and renewable generation, such as dispatchability (or lack thereof) or environmental externalities. A comprehensive comparison of different resource types--which is well beyond the scope of this memo--would need to account for differences in all such attributes, including fuel price risk. Furthermore, our analysis focuses solely on natural-gas-fired generation (as opposed to coal-fired generation, for example), for several reasons: (1) price volatility has been more of a concern for natural gas than for other fuels used to generate power; (2) for environmental and other reasons, natural gas has, in recent years, been the fuel of choice among power plant developers (though its appeal has diminished somewhat as prices have increased); and (3) natural gas-fired generators often set the market clearing price in competitive wholesale power markets throughout the United States. That said, a more-complete analysis of how renewables mitigate fuel price risk would also need to consider coal and other fuel prices. Finally, we caution readers about drawing inferences or conclusions based solely on this memo in isolation: to place the information contained herein within its proper context, we strongly encourage readers interested in this issue to read through our previous, more-detailed studies, available at http://eetd.lbl.gov/ea/EMS/reports/53587.pdf or http://eetd.lbl.gov/ea/ems/reports/54751.pdf.

  10. Distributed Generation Dispatch Optimization under Various Electricity Tariffs

    E-Print Network [OSTI]

    Firestone, Ryan; Marnay, Chris

    2007-01-01

    in November 2005 during a natural gas price spike. Figure 22for the year in natural gas prices and general trends in6. electricity and natural gas prices for January 2004 to

  11. Furniture Standards Contract Price Guide

    E-Print Network [OSTI]

    Sussex, University of

    1 Furniture Standards Contract Price Guide Issue 1 - July 2007 www.broadstock.co.uk University of Sussex #12;2 Contents Office 5 1600 x 1600 Universal workstations 6 Double wave desks 7 Fixed tables 7 Circular tables 7 Bench 8 Screens 10 Electrics 12 Storage 13 Pedestals 14 Magnus wooden storage 15 Metrix

  12. FINAL REPORT ON PRICE MANIPULATION IN WESTERN MARKETS

    E-Print Network [OSTI]

    Laughlin, Robert B.

    MANIPULATION OF ELECTRIC AND NATURAL GAS PRICES DOCKET NO. PA02-2-000 Prepared by the Staff of the Federal Market Natural Gas Prices at California Borders Were Extraordinarily High ............ I-2 Supply Significantly Influenced Reported Spot Prices for Natural Gas in California

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

    E-Print Network [OSTI]

    Oren, Shmuel S.

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

  14. Georgia Natural Gas Prices

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

    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 PageMonthly","10/2015"4,"Ames5 Tables July 1996 Energy Information Administration Office of Coal, Nuclear, ElectricRhodeFeet) Decadefrom AllResidentialImports Price

  15. Hawaii Natural Gas Prices

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

    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 PageMonthly","10/2015"4,"Ames5 Tables July 1996 Energy Information Administration Office of Coal, Nuclear, ElectricRhodeFeet)CubicCitygate Price 17.82 22.94 31.58 32.39

  16. Applications of Nash Equilibria In Electricity Markets

    E-Print Network [OSTI]

    Lavaei, Javad

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

  17. State Energy Price System: 1982 update

    SciTech Connect (OSTI)

    Imhoff, K.L.; Fang, J.M.

    1984-10-01

    The State Energy Price System (STEPS) contains estimates of energy prices for ten major fuels (electricity, natural gas, metallurgical coal, steam coal, distillate, motor gasoline, diesel, kerosene/jet fuel, residual fuel, and liquefied petroleum gas), by major end-use sectors (residential, commercial, industrial, transportation, and electric utility), and by state through 1982. Both physical unit prices and prices per million Btu are included in STEPS. Major changes in STEPS data base for 1981 and 1982 are described. The most significant changes in procedures for the updates occur in the residential sector distillate series and the residential sector kerosene series. All physical unit and Btu prices are shown with three significant digits instead of with four significant digits as shown in the original documentation. Details of these and other changes are contained in this report, along with the updated data files. 31 references, 65 tables.

  18. Comparison of AEO 2009 Natural Gas Price Forecast to NYMEX Futures Prices

    SciTech Connect (OSTI)

    Bolinger, Mark; Wiser, Ryan

    2009-01-28

    On December 17, 2008, the reference-case projections from Annual Energy Outlook 2009 (AEO 2009) were posted on the Energy Information Administration's (EIA) web site. We at LBNL have, in the past, compared the EIA's reference-case long-term natural gas price forecasts from the AEO series to contemporaneous natural gas prices that can be locked in through the forward market, with the goal of better understanding fuel price risk and the role that renewables can play in mitigating such risk. As such, we were curious to see how the latest AEO reference-case gas price forecast compares to the NYMEX natural gas futures strip. This brief memo presents our findings. Note that this memo pertains only to natural gas fuel price risk (i.e., the risk that natural gas prices might differ over the life of a gas-fired generation asset from what was expected when the decision to build the gas-fired unit was made). We do not take into consideration any of the other distinct attributes of gas-fired and renewable generation, such as dispatchability (or lack thereof), differences in capital costs and O&M expenses, or environmental externalities. A comprehensive comparison of different resource types--which is well beyond the scope of this memo--would need to account for differences in all such attributes, including fuel price risk. Furthermore, our analysis focuses solely on natural-gas-fired generation (as opposed to coal-fired or nuclear generation, for example), for several reasons: (1) price volatility has been more of a concern for natural gas than for other fuels used to generate power; (2) for environmental and other reasons, natural gas has, in recent years, been the fuel of choice among power plant developers; and (3) natural gas-fired generators often set the market clearing price in competitive wholesale power markets throughout the United States. That said, a more-complete analysis of how renewables mitigate fuel price risk would also need to consider coal, uranium, and other fuel prices. Finally, we caution readers about drawing inferences or conclusions based solely on this memo in isolation: to place the information contained herein within its proper context, we strongly encourage readers interested in this issue to read through our previous, more-detailed studies, available at http://eetd.lbl.gov/ea/EMS/reports/53587.pdf or http://eetd.lbl.gov/ea/ems/reports/54751.pdf.

  19. See More Jobs From Agrium Wholesale Truck Analyst (175535-001) -(Calgary, Alberta, Western Canada, Canada)

    E-Print Network [OSTI]

    Behmer, Spencer T.

    See More Jobs From Agrium Wholesale Truck Analyst (175535-001) - (Calgary, Alberta, Western Canada in Calgary, Alberta, Agrium is one of the world's largest nutrient and fertilizer producers with net sales of being named one of Canada's Top 100 Employers and one of Alberta's Top 50 Employers. Come grow your

  20. 851 S.W. Sixth Avenue, Suite 1100 Steve Crow 503-222-5161 Portland, Oregon 97204-1348 Executive Director 800-452-5161

    E-Print Network [OSTI]

    forecast of wholesale and retail electricity prices 2) Forecast a range of demands for electricity 3 costs and efficiency improvements will affect electricity prices and the demand for electricity of the major revisions will include fuel price assumptions, electricity price forecasts, cost of generating