We use demand and plant-level cost data to simulate competition in a restructured California electricity market. This …

We use demand and plant-level cost data to simulate competition in a restructured California electricity market. This …

Effective competition in wholesale electricity markets is a necessary feature of a successful electricity supply … industry restructuring. We examine the degree of competition in the California wholesale electricity market during the period …

Discussions of competition in restructured electricity markets have revealed many misunderstandings about the …

Adoption of real-time electricity pricing -- retail prices that vary hourly to reflect changing wholesale prices …

Adoption of real-time electricity pricing %u2014 retail prices that vary hourly to reflect changing wholesale prices %u …