and produce consumer cost reductions. We examine the efficiency gains from competition in the private power market, and … ask whether similar forces can be successful on the demand-side of the market. The goal of this analysis is to identify … supply-side of the industry. We consider the entire market structure from upstream suppliers to distribution intermediaries …

The only way resources can be efficiently allocated in our market system is if prices of resources, goods, and services … if domestic energy prices were deregulated to reflect world market prices (now determined by OPEC) it is likely that …

and produce consumer cost reductions. We examine the efficiency gains from competition in the private power market, and … ask whether similar forces can be successful on the demand-side of the market. The goal of this analysis is to identify … supply-side of the industry. We consider the entire market structure from upstream suppliers to distribution intermediaries …

institutional customers in the Niagara Mohawk Power Corporation service territory that have faced day-ahead electricity market …

.e., what the market is expecting spot natural gas prices to be over the next 10 years). We find that over the past two years …

encourages market-driven prices. Price volatility introduces new risks for generators, consumers, and marketers. Electricity … futures and other derivatives can help each of these market participants manage, or hedge, price risks in a competitive … electricity market. Futures contracts are legally binding and negotiable contracts that call for the future delivery of a …