Siddiqui, Afzal S.; Bartholomew, Emily S.; Marnay, Chris - 2008
integration, even as the retailers themselves are forced to purchase electricity at volatile wholesale prices set in open markets …Regardless of the form of restructuring, deregulated electricity industries share one common feature: the absence of … any significant, rapid demand-side response to the wholesale (or, spotmarket) price. For a variety of reasons, electricity …