integration, even as the retailers themselves are forced to purchase electricity at volatile wholesale prices set in open markets … stability is threatened. This, then, facilitates many other problems associated with electricity markets, such as market power …Regardless of the form of restructuring, deregulated electricity industries share one common feature: the absence of …

are not able to commit to specific responses months or years in advance. Electricity is a fluid market commodity with a … they can be made more effective in controlling summer peaks and attendant high prices of electricity. Particular attention …-long trend of declining reserve margins. Competition among generators is typically robust, holding down wholesale energy prices …

sources. This issue brief compiles and analyzes recent market research conducted by utility companies on customer interest in … and willingness to pay for renewable electricity. Findings in the areas examined in this review are: Customers are … favorable toward renewable sources of electricity, although they know little about them; Solar and wind are the most favored …

customers response to short-term fluctuations in electricity prices are based on theories of rational firm behavior, where … institutional customers in the Niagara Mohawk Power Corporation service territory that have faced day-ahead electricity market …Energy economists have long argued the benefits of real time pricing (RTP) of electricity. Their basis for modeling …

Peak power demand issues have come to the fore recently because of the California electricity crisis. Uncertainties … difference between peak demand and average demand, and the necessity for real-time delivery of electricity all make the … radically altering the way people use electricity in buildings, but are decades away from widespread use, so DOE R&D and …

electric power plants. The effects of these bills on electricity costs depend on features of the bills, on the mix of …-specific estimates of the effects of different legislation on electricity costs. This paper presents sample results from a larger …

(e.g., natural gas price risk, environmental compliance risk) in fossil-based generation portfolios. This report examines … approximately half of all electricity demand in the western United States. Our purpose is twofold: (1) to highlight the growing … natural gas price and environmental compliance risks, and examine how the utilities traded off portfolio cost and risk in …

may purchase electricity at a fixed retail rate from its utility. Using the real options approach, we find natural gas … generating cost thresholds that trigger DG investment. Furthermore, the consideration of operational flexibility by the microgrid … accelerates DG investment, while the option to disconnect entirely from the utility is not attractive. By allowing the electricity …

/provinces with demand response (DR) in the electricity sector. Demand-side resources are often overlooked as a viable option for … the form of decreased grid congestion, improved system reliability, market efficiency, price stabilization, hedging … against volatile fuel prices and reduced environmental impacts of energy production. This report describes the various types …

to New York Independent System Operator (NYISO) day-ahead market prices. The study was funded by the California Energy … used to judge how effectively RTP actually induces DR, particularly in the context of restructured electricity markets …)'s SC-3A rate class. The SC-3A tariff is a type of RTP that provides firm, day-ahead notice of hourly varying prices indexed …