A number of modeling attempts to analyze the implications of increasing competition in the electric power industry … producers, were not considered. More recently in the course of the policy debate over increasing competition, a number of models … interpret altemative scenarios or other means of increasing competition in the electric power industry in the terms of existing …

A number of modeling attempts to analyze the implications of increasing competition in the electric power industry … producers, were not considered. More recently in the course of the policy debate over increasing competition, a number of models … interpret altemative scenarios or other means of increasing competition in the electric power industry in the terms of existing …

of steam-coal trade of several deviations from the simple competitive model. In addition to perfect competition, we …

clearing prices are determined based on marginal costs. The authors used this model, ORCED, to evaluate the market price of … price to 3.02 {cents}/kWh as the competitive price. If regulators use transition charges and price caps, then customers in … the Pacific Northwest need not be penalized by the change to marginal-cost pricing. Customer responses to price changes …

have the lowest price possible. In the long run, competition promotes innovation and lower costs. The physical and … short run, firms who cannot produce at the market-clearing price are forced to leave the industry, ensuring that customers …

Established in 1988, the Shingo Prize for Operational Excellence recognises organisations in the USA, Mexico and Canada …