Electricity market players subgroup report
The purpose of this study is to examine competition in the electric power industry from an ``industrial organization`` point of view. The remainder of this report is organized as follows. Chapter 2 describes the ``industrial organization`` approach used to analyze the electric power market. Industrial organization emphasizes specific market performance criteria, and the impact of market structure and behavior on performance. Chapter 3 identifies the participants in the electric power market, grouped primarily into regulated producers, unregulated producers, and consumers. Chapter 4 describes the varieties of electric power competition, organized along two dimensions: producer competition and consumer competition. Chapters 5 and 6 identify the issues raised by competition along the two dimensions. These issues include efficiency, equity, quality, and stability. Chapters 7 through 9 describe market structure, behavior and performance in three competitive scenarios: minimum competition, maximum competition, and moderate competition. Market structure, behavior and performance are discussed, and the issues raised in Chapters 5 and 6 are discussed in detail. Chapter 10 provides conclusions about ``winners and losers`` and identifies issues that require further study.
- Research Organization:
- Stanford Univ., CA (United States). Energy Modeling Forum
- Sponsoring Organization:
- USDOE, Washington, DC (United States)
- DOE Contract Number:
- FG01-87EI20479
- OSTI ID:
- 10113568
- Report Number(s):
- DOE/EI/20479-T1; EMF-WP-10-1; ON: DE93006121
- Resource Relation:
- Other Information: PBD: Mar 1990
- Country of Publication:
- United States
- Language:
- English
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