transition have exhibited extremely unsatisfactory results, most notably in California. These high stakes transformations require …

A shock jolted the electric power industry in April 1994, when the California Public Utilities Commission (CPUC … principle that market deregulation and competition will bring down the cost of electricity for all classes of customers. It …

California's restructured electricity markets opened on 1 April 1998. The former investor-owned utilities were … California Independent System Operator (CAISO). The distribution/supply company programs were effective at reducing load during … difference to the California supply demand imbalance. The poor performance of direct load participation in California's markets …

electricity markets have recently undergone this transition with extremely unsatisfactory results, most notably in California …

-Turnier und Scoring-Auktion, werden mit einer Auktion kombiniert, in der um die Teilnahme am Turnier geboten wird (entry auction … modifizierte Lizenzauktion, die profitabler ist als die in der Literatur untersuchten Mechanismen. Bei dieser Auktion wird eine … begrenzte Anzahl Royalty-Verträge (Royalty = mengenabhängige Lizenzgebühren) versteigert und die Verlierer der Auktion erhalten …

) for the continuous trading and extends it to the auction phase. The second chapter analyzes the impact of adverse … compensation of liquidity provision changes. The fourth chapter changes the focus to the opening auction. It proposes an extension … information about future prices that is not incorporated in the auction price. …

will affect the equilibrium futures positions of both electricity and AS. We apply our model to the California electricity …

We provide some basic background information on support for renewable in California on the expected operation of the … expansion planning model as well as key assumptions that we made to model the future California pool. We present results from …

den Einfluss der Informationsweitergabe auf die Marktstruktur, die Marktgleichgewichte, die soziale Wohlfahrt und die …