Deregulation/Restructuring Part II: Where Do We Go From Here?

Lester Lave; Jay Apt; Seth Blumsack

doi:10.1016/j.tej.2007.09.006

Deregulation/Restructuring Part II: Where Do We Go From Here?

Lester Lave, Jay Apt, Seth Blumsack

Research output: Contribution to journal › Article › peer-review

2 Scopus citations

Abstract

The authors reject calls for reregulation. An alternative is to solicit offers for long-term contracts that specify fixed and generating prices for each plant. The contracts would specify the number of times a generator could be asked to shut down, as well as the availability and reliability of the unit. Units whose offers are accepted would be paid their fixed offer if they complied with the terms of the contract and their generation offer for each MWh they were asked to supply.

Original language	English (US)
Pages (from-to)	10-23
Number of pages	14
Journal	Electricity Journal
Volume	20
Issue number	9
DOIs	https://doi.org/10.1016/j.tej.2007.09.006
State	Published - Nov 2007

All Science Journal Classification (ASJC) codes

Energy (miscellaneous)
Law
Management of Technology and Innovation
Business and International Management

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10.1016/j.tej.2007.09.006

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title = "Deregulation/Restructuring Part II: Where Do We Go From Here?",

abstract = "The authors reject calls for reregulation. An alternative is to solicit offers for long-term contracts that specify fixed and generating prices for each plant. The contracts would specify the number of times a generator could be asked to shut down, as well as the availability and reliability of the unit. Units whose offers are accepted would be paid their fixed offer if they complied with the terms of the contract and their generation offer for each MWh they were asked to supply.",

author = "Lester Lave and Jay Apt and Seth Blumsack",

note = "Funding Information: This work was supported in part by the Alfred P. Sloan Foundation, the Electric Power Research Institute, and the U.S. National Science Foundation through the Carnegie Mellon Electricity Industry Center ( www.cmu.edu/electricity ).",

year = "2007",

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language = "English (US)",

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T2 - Where Do We Go From Here?

AU - Lave, Lester

AU - Apt, Jay

AU - Blumsack, Seth

N1 - Funding Information: This work was supported in part by the Alfred P. Sloan Foundation, the Electric Power Research Institute, and the U.S. National Science Foundation through the Carnegie Mellon Electricity Industry Center ( www.cmu.edu/electricity ).

PY - 2007/11

Y1 - 2007/11

N2 - The authors reject calls for reregulation. An alternative is to solicit offers for long-term contracts that specify fixed and generating prices for each plant. The contracts would specify the number of times a generator could be asked to shut down, as well as the availability and reliability of the unit. Units whose offers are accepted would be paid their fixed offer if they complied with the terms of the contract and their generation offer for each MWh they were asked to supply.

AB - The authors reject calls for reregulation. An alternative is to solicit offers for long-term contracts that specify fixed and generating prices for each plant. The contracts would specify the number of times a generator could be asked to shut down, as well as the availability and reliability of the unit. Units whose offers are accepted would be paid their fixed offer if they complied with the terms of the contract and their generation offer for each MWh they were asked to supply.

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JO - Electricity Journal

JF - Electricity Journal

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ER -

Deregulation/Restructuring Part II: Where Do We Go From Here?

Abstract

All Science Journal Classification (ASJC) codes

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