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- Introduction - kyle woodward
Among the proposed reforms are changes to the design of auction processes used in various wholesale electricity markets These auctions involve offers to supply power, and, potentially, bids to buy power The auction determines the identity of the “winners”
- A Primer on Electric Utilities, Deregulation, and Restructuring of U. S . . .
In the face of competition for electricity supplies, Federal agencies are required to solicit competitive proposals from alternative suppliers The GSA and DESC aggregate the energy needs of Federal agencies in every state that deregulates
- The U. S. Electricity Industry After 20 Years of Restructuring
We review the original economic arguments for electricity restructuring, the potential winners and losers from these changes, and what has actually happened in the subsequent years
- An Introduction to Retail Electricity Choice in the United States
As of 2017, 13 U S states and the District of Columbia have fully restructured retail electricity markets (Figure 1) Some states suspended access to retail electricity choice after the California power crisis of 2000–2001 (Pfeifenberger 2016)
- Deregulation, Market Power, and Prices: Evidence from the Electricity . . .
We use a detailed dataset on electricity transactions to investigate the impact of market-based deregulation in the context of the U S electricity sector We find that the increase in markups dominates despite modest efficiency gains, leading to higher consumer prices and lower consumer welfare
- Electricity market reform and ‘reform of the reforms’
Abstract: For over two decades, policymakers and regulators in a number of countries around the world have been grappling with market reform, liberalisation, restructuring and privatisation issues
- ELECTRICITY MARKET REFORM: APPA’S JOURNEY DOWN THE WRONG PATH
In the latest version (Competitive Market Plan), supplier partici- pation in the “optimization market” would be mandatory; all generators would be required to submit supply offers to the RTO for the real time optimization market at prices approved in advance by the RTO market monitors
- Lessons Learned From Electricity Market Liberalization
The textbook model of restructuring, regulatory reform and market de-sign is a sound guide for successful reform: The use of the phrase “deregulation” to characterize the attributes of the most successful electricity sector reform pro-grams is misleading
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