Product definition for future electricity supply auctions: the 2006 Illinois experience
Journal Article
·
· Electricity Journal
Much of the discussion about new markets for electricity contracts focuses on the auction format to be used. Far less attention has been paid to the contract definition itself. An analysis of the 2006 Illinois Electricity Auction shows how a poorly formulated product definition can erode the performance of such markets. The authors propose an improved product definition to overcome the key problems they have identified. (author)
- OSTI ID:
- 21125470
- Journal Information:
- Electricity Journal, Vol. 21, Issue 7; Other Information: Elsevier Ltd. All rights reserved; ISSN 1040-6190
- Country of Publication:
- United States
- Language:
- English
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