To bid or not to bid
Most of this article discusses the proposal of Martha Hesse, FERC Chairman, in mid-1987 that called for competitive bidding as the way to establish rates for many new power-generation facilities. The Hesse bidding proposal and related issues were hotly debated in late October 1987 at a Washington, DC conference on the subject, sponsored by the Cogeneration and Independent Power Coalition of American Inc. and the American Cogeneration Association. Many at the conference felt that more competition should be introduced into the electric utility industry, but the best way to do it was not always agreed on. The Hesse proposal calls for selecting new capacity through a system of all-source competitive bidding; specifically, the right to build capacity could be bid for, irrespective of technology, fuel or size limitations established under PURPA by a new class of bidders called Independent Power Producers. Hesse also takes the position that it is not necessary to have transmission access before implementing bidding. FERC Commissioner Charles Trabandt takes just the opposite view, calling the bidding debate the wrong debate at the wrong time. Further, he states our real debate should be about bulk markets and regulation of them, as well as transmission access and pricing regulation.
- OSTI ID:
- 6981016
- Journal Information:
- Alternative Sources Energy; (United States), Journal Name: Alternative Sources Energy; (United States)
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
POLICY AND ECONOMY
COGENERATION
RATE STRUCTURE
ELECTRIC POWER
BIDS
CAPACITY
COMPETITION
MARKET
REGULATIONS
DEUS
ENERGY SYSTEMS
POWER
POWER GENERATION
STEAM GENERATION
290800* - Energy Planning & Policy- Heat Utilization- (1980-)
296000 - Energy Planning & Policy- Electric Power