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Why do we need electricity retailers?; or, can you get it cheaper wholesale?
(MIT Center for Energy and Environmental Policy Research, 2000)
The opportunities for retail electricity competition to provide new value-added services to retail electricity consumers are discussed. The physical attributes of electricity supply make many of the traditional "convenience ...
California's electricity crisis
(MIT Center for Energy and Environmental Policy Research, 2001)
The collapse of California's electricity restructuring and competition program has attracted attention around the world. Prices in California's competitive wholesale electricity market increased by 500% between the second ...
Comments on FERC's standard market design proposals
(MIT Center for Energy and Environmental Policy Research, 2003)
Merchant transmission investment
(MIT Center for Energy and Environmental Policy Research, 2003)
We examine the performance attributes of a merchant transmission investment framework that relies on "market driven" transmission investment to provide the infrastructure to support competitive wholesale markets for ...
The difficult transition to competitive electricity markets in the U.S.
(MIT Center for Energy and Environmental Policy Research, 2003)
This paper provides a comprehensive discussion of the causes and consequences of state and federal initiatives to introduce wholesale and retail competition into the U.S. electricity sector between 1995 and the present. ...
Reliability and competitive electricity markets
(MIT Center for Energy and Environmental Policy Research, 2004)
Despite all of the talk about ₃deregulation₄ of the electricity sector, a large number of non-market mechanisms have been imposed on emerging competitive wholesale and retail markets. These mechanisms include spot market ...
Markets for power in the United States : an interim assessment
(MIT Center for Energy and Environmental Policy Research, 2005)
The transition to competitive wholesale and retail markets for electricity in the U.S. has been a difficult and contentious process. This paper examines the progress that has been made in the evolution of wholesale and ...
Time and location differentiated NOX control in competitive electricity markets using cap-and-trade mechanisms
(MIT Center for Energy and Environmental Policy Research, 2007)
Due to variations in weather and atmospheric chemistry, the timing and location of nitrogen oxide (NOX) reductions determine their effectiveness in reducing ground-level ozone, which adversely impacts human health. Electric ...
Competitive electricity markets and investment in new generating capacity
(MIT Center for Energy and Environmental Policy Research, 2006)
Evidence from the U.S. and some other countries indicates that organized wholesale markets for electrical energy and operating reserves do not provide adequate incentives to stimulate the proper quantity or mix of generating ...
Statement of Professor Paul L. Joskow before the Committee on Governmental Affairs, United States Senate
(MIT Center for Energy and Environmental Policy Research, 2002)