In Virginia's competitive bidding laboratory

Journal Article · Thu Mar 01 04:00:00 EST 1990 · Electricity Journal; (United States)

OSTI ID:5415826

Williams, R J ^[1]

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1. Virginia State Corporation Commission (USA)

With the rapid emergence of a nonutility power supply industry, both electric utilities and their state regulators face a multitude of new issues and challenges. Many states now allow (and some require) electric utilities to use competitive processes to acquire needed new resources to acquire new energy or capacity. This has come to be known, in the industry's shorthand, as competitive bidding. Virginia was one of the first states to allow competitive bidding. Its largest electric utility, Virginia Power, has been the most active of all electric utilities nationally in acquiring new resources through this process. This paper describes the events that led up to the Virginia Commission's decision to allow bidding, discuss the Commission's role in the bidding process, and provide a regulator's view of the advantages and disadvantages of this still evolving method meeting resource needs.

• OSTI ID: 5415826
• Journal Information: Electricity Journal; (United States), Journal Name: Electricity Journal; (United States) Vol. 3:2; ISSN ELEJE; ISSN 1040-6190
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
296000* -- Energy Planning & Policy-- Electric Power
BIDS
COGENERATION
DEUS
DEVELOPED COUNTRIES
ELECTRIC POWER
ELECTRIC UTILITIES
ENERGY SYSTEMS
FEDERAL REGION III
NORTH AMERICA
POWER
POWER GENERATION
PROCUREMENT
PUBLIC UTILITIES
STEAM GENERATION
SUPPLY AND DEMAND
USA
VIRGINIA