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Reliability and Competitive Electricity Markets

Joskow, Paul L; Tirole, Jean - C.E.P.R. Discussion Papers - 2007

This paper seeks to bridge the gap between economists focused on designing competitive market mechanisms and engineers focused on the physical attributes and engineering requirements they perceive as being needed for operating a reliable electric power system. The paper starts by deriving the...

Persistent link: https://www.econbiz.de/10005788956

Capacity Choices in Liberalized Electricity Markets

Castro-Rodriguez, Fidel; Uribe, Marín; Luis, Pedro; … - C.E.P.R. Discussion Papers - 2001

We develop a theoretical model of long-run investment decisions on capacity in the context of a liberalized electricity …

Persistent link: https://www.econbiz.de/10005792333

On the Impact of Forward Contract Obligations in Multi-Unit Auctions

de Frutos, Maria-Angeles; Fabra, Natalia - C.E.P.R. Discussion Papers - 2008

Several regulatory authorities worldwide have recently imposed forward contract obligations on electricity producers as … bidding in electricity markets, or in any other auction-based market. For this purpose, we introduce forward contracts in a …

Persistent link: https://www.econbiz.de/10005136602

Smart Evaluation of Electric Utility Smart Grid Investment Proposals

Levin, Stanford - Victoria Business School, Victoria University of Wellington - 2011

Electric companies policy makers and regulators around the world are facing calls for smart grid updates. Sometimes these upgrades make business sense and are undertaken by electric companies as has been the case with some smart grid investments in New Zealand. Frequently however the calls for...

Persistent link: https://www.econbiz.de/10011196488

Competition and Pricing the HVDC Element of the Grid

Evans, Lewis - Victoria Business School, Victoria University of Wellington - 2008

This presentation looks at:Discussion of peculiarly grid regulation issues A quick stock take of the state of "onr market": particularly concerning the interisland link Competition and pricing the HVDC interconnection

Persistent link: https://www.econbiz.de/10011199274

Dynamic Electricity Pricing in California: Do Customers Respond?

Burgess, Matt - Victoria Business School, Victoria University of Wellington - 2006

Matt Burgess presented Dynamic Electricity Pricing in California: Do Customers Respond? at an ISCR seminar May 2006. …

Persistent link: https://www.econbiz.de/10011199284

Twelve Months On: Blacking out through Reforming the Unreformable?

Hancock, John - Victoria Business School, Victoria University of Wellington - 2004

international perspectives on the electricity blackouts experienced in London, Italy and New York and how electricity markets will … work to ensure sufficient supply and reliable delivery of electricity. …

Persistent link: https://www.econbiz.de/10011199315

Changing Attitudes to Regulation: International Evidence

Beardow, Margaret - Victoria Business School, Victoria University of Wellington - 2005

Margaret Beardow presented Changing Attitudes to Regulation: International Evidence at the Contemporary Issues in Regulatory Theory and Practice half day workshop in Wellington in March 2005.

Persistent link: https://www.econbiz.de/10011199334

The Role of Merit Reviews under Part 4 and 4A of the Commerce Act

Houston, Greg; Berry, Mark - Victoria Business School, Victoria University of Wellington - 2008

This presentation looks at:What is a Merits Review? The Australian Experience in Energy Regulation The New Zealand Proposal A Better Approach?

Persistent link: https://www.econbiz.de/10011199356

Day-Ahead Electricity Markets: Is There a Place For a Day-Ahead Market in NZEM?

Evans, Lewis; Counsell, Kevin - Victoria Business School, Victoria University of Wellington - 2003

In this paper we explain the operation and design of day-ahead markets in an electricity market. Day-ahead markets … complement real-time markets which must be run to ensure balance in the system and offer a number of benefits to electricity … market participants. We argue that in the context of the New Zealand electricity market the benefits of operating a day …

Persistent link: https://www.econbiz.de/10011199358