Peak power demand issues have come to the fore recently because of the California electricity crisis. Uncertainties … surrounding the reliability of electric power systems in restructured markets as well as security worries are the latest reasons … times associated with building new capacity, the lack of price response in the face of time-varying costs, the large …

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 … advantages that restructuring can offer. Electricity is a form of energy that is difficult to store economically in large …

/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 …

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

resource planning initiatives, ongoing efforts to improve efficiency and reliability in competitive electricity markets, and …Economists have advocated for real-time pricing (RTP) of electricity on the basis of the gains in economic efficiency … that would result from charging customers the contemporaneous marginal cost of supplying electricity instead of the average …

then prices are lower. (4) Customer response to real-time prices can lower the peak capacity requirements by around 9 …%, lowering the need for new capacity and reduce prices during the peak demand. (5) Changes to electric prices on the order of 5 …Because of the recent experiences of several states undergoing restructuring (e.g., higher prices, greater volatility …

Because of the recent experiences of several states undergoing restructuring (e.g., higher prices, greater volatility …, lower reliability), concerns have been raised in states currently considering restructuring as to whether their systems are … can all play a role in the success or failure of the market. These factors along with the mix of generation capacity …

market-based rates then prices are lower. (4) Customer response to real-time prices can lower the peak capacity requirements … by around 9%, lowering the need for new capacity and reduce prices during the peak demand. (5) Changes to electric prices …Because of the recent experiences of several states undergoing restructuring (e.g., higher prices, greater volatility …

electric power plants. The effects of these bills on electricity costs depend on features of the bills, on the mix of … generating capacity owned by different electric utilities, on the technologies available for complying with the legislation, and …-specific estimates of the effects of different legislation on electricity costs. This paper presents sample results from a larger …

Wind is the fastest growing source for electricity in the United States. During 2001, U.S. wind power plant … installations are expected to increase by 1,850 megawatts (MW), resulting in a total installed capacity of about 4,400 MW. The … allowing higher electricity rates that may increase the rate of wind plant development. Power shortages, natural gas price …