A California generation capacity market
Journal Article
·
· Electricity Journal
California, overconfident with its new Power Exchange spot market, seems unaware that it could be afflicted by the same turmoil that bludgeoned the Midwest in June. An electricity capacity market should be put in place before crisis strikes. This article outlines a framework for adding an electricity capacity market in California. The new market would not create a new bureaucracy but would function within the state`s now operational PX and independent system operator (ISO) mechanisms. It would be an open market, in which capacity would be traded transparently, with freedom of entree for all willing sellers and all willing buyers.
- OSTI ID:
- 320844
- Journal Information:
- Electricity Journal, Journal Name: Electricity Journal Journal Issue: 8 Vol. 11; ISSN ELEJE4; ISSN 1040-6190
- Country of Publication:
- United States
- Language:
- English
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