Deregulating the electric utility industry
Author(s)
Bohn, Roger E.
DownloadEL_TR_1982_003.pdf (3.387Mb)
Alternative title
Electric utility industry, Deregulating the.
Other Contributors
Massachusetts Institute of Technology. Energy Laboratory. Utility Systems Program.
Metadata
Show full item recordAbstract
Many functions must be performed in any large electric power system. A specific proposal for a deregulated power system, based on a real-time spot energy marketplace, is presented and analyzed. A central T&D utility acts as a market maker, setting prices to equilibrate supply and demand. Decentralized competitive firms invest and operate in response to current and projected spot prices. The paper explicitly addresses the many practical engineering and economic functions and issues which must be taken into account by any proposal to deregulate electric power generation. It does not answer the question of whether deregulation is a good idea.
Date issued
1982Publisher
Cambridge, Mass. : Massachusetts Institute of Technology, Energy Laboratory, 1982
Series/Report no.
Energy Laboratory report (Massachusetts Institute of Technology. Energy Laboratory) no. MIT-EL 82-003.