Competitive bidding for electric power; Comparing evaluation methods

Journal Article · Sat Jul 01 04:00:00 EDT 1989 · Energy Systems and Policy; (USA)

OSTI ID:6559005

Goldman, C A; Kahn, E P ^[1]

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1. Applied Science Div., Lawrence Berkeley Lab., Berkeley, CA (US)

Competitive bidding for new electric supply is a recent but rapidly growing trend. This study focuses on utility bidding systems that provide potential suppliers with explicit self-scoring procedures. These systems facilitate comparisons of the utility's treatment of various nonprice factors: uncertainties associated with the project development process, project operational characteristics and their benefits to the utility, environmental impacts, fuel choice and flexibility, and economic risks to rate payers because of front-loaded bids. The authors illustrate differences among the bid evaluation systems of three utilities by scoring the same set of eight bids in hypothetical auctions. The authors analysis suggests that developing more realistic measures of project viability is a key area that needs improvement in utility bidding systems.

• OSTI ID: 6559005
• Journal Information: Energy Systems and Policy; (USA), Journal Name: Energy Systems and Policy; (USA) Vol. 13:3; ISSN 0090-8347; ISSN ESYPB
• Country of Publication: United States
• Language: English

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