Demand-side bidding will reduce the level and volatility of electricity prices.
Independent Review › Vol. 6 Nbr. 3, January 2002
Linked as:
Summary
Lab Report
See the full content of this document
Extract
Demand-side bidding will reduce the level and volatility of electricity prices.
With the move to deregulate wholesale electricity prices in the United States, each state or region needed to develop a plan for restructuring its electric-utility industry and to establish the rules of an auction market for determining the hourly wholesale price of energy. All these new markets adopted supply-side bidding mechanisms--designed for the most part by intermediaries, c...
See the full content of this document
Sponsored links
