Title

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

Date of Original Version

11-2007

Type

Article

Abstract or Description

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.

DOI

10.1016/j.tej.2007.09.006

 

Published In

The Electricity Journal , 20, 9, 10-23.