Alternative approaches to competitive bidding for power supply

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

OSTI ID:5476090

Kahn, E P; Goldman, C A ^[1]

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1. Lawrence Berkeley Laboratory, CA (USA)

During the last several years, many utilities and PUCs have begun experimenting with competitive procurement procedures as a more efficient way to encourage private electricity supply that is better matched to power system requirements. For regulators and utilities, a competitive process reduces the burden of estimating avoided cost by providing a market benchmark to determine value. These broad features, however, do not really define a competitive bidding program very precisely. There remains the formidable practical problem of evaluating bids for power projects which are characterized by a multitude of attributes. This article outlines the two principal, prototypical approaches taken by utilities to the bid solicitation and evaluation process. These two approaches differ principally with respect to the pre-bid information flow from the buyer utility to the sellers. 6 figs., 2 tabs.

• OSTI ID: 5476090
• 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
COMPETITION
DEUS
ELECTRIC POWER
ELECTRIC UTILITIES
ENERGY SYSTEMS
POWER
POWER GENERATION
PROCUREMENT
PUBLIC UTILITIES
STEAM GENERATION
SUPPLY AND DEMAND