And deregulation shall lead me to lie down in green pastures
This presentation briefly reviews the history of the IPP industry, the current state of competition, and potential opportunities for IPPs in a deregulated environment. Since the beginning of the PURPA created IPP industry, we have experienced many market phases. These began with {open_quotes}beat avoided cost,{close_quotes} followed by {open_quotes}find a need and fill it,{close_quotes} followed by {open_quotes}the bid fest,{close_quotes} to today`s {open_quotes}anything goes.{close_quotes} During this time, market clearing prices have declined from over 80/KwHr to 2-40/KwHr. Today`s partially deregulated electric market includes fierce competition and several new players in the game. Where surplus capacity exists, IPPs must compete with subsidized power. Long-term contracts are no longer widely available. Access to markets is constrained by less than open transmission. Even with these challenges, opportunities remain for the IPP supplier. Opportunities for advanced coal-fired power systems will be explored.
- Research Organization:
- USDOE Morgantown Energy Technology Center, WV (United States)
- OSTI ID:
- 426203
- Report Number(s):
- DOE/METC--95/1018-Vol.1; CONF-9506162--Vol.1; ON: DE95009732
- Country of Publication:
- United States
- Language:
- English
Similar Records
Deregulation and mergers: Is consolidation inevitable?
Making strides