Resource adequacy requirement: Reserve margin, contract cover, and price caps

Electricity Journal

Volumn 18, Issue 7, 2005, Pages 55-68

  Rochlin, Cliff ^a   Huang, Jeff ^b  

^a Southern California Gas Company   (United States)

^b Western Electricity Coordinating Council   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

FORWARD CONTRACT; LOWEST PRICE; PRICE CAPS; RESOURCE ADEQUACY; STATE AGENCIES;

COSTS;

EID: 23844469732     PISSN: 10406190     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.tej.2005.07.008     Document Type: Article

References (11)

1. J. Bushnell, E.T. Mansur, Celeste Saravia (2005), Vertical Arrangements, Market Structure, and Competition: An Analysis of Restructured U.S. Electricity Markets, Center for the Study of Energy Markets (CSEM) Working Paper 126.
2. CAISO, Transmission Economic Assessment Methodology (TEAM), June 2004.
3. California Power Authority (CPA) (2003), Draft Energy Resource Investment Plan - 2003. Stabilizing California's Power Resources - Investing for Our Energy Security, Jan. 17, 2003.
4. John D. Chandley and William W. Hogan (2002), Initial Comments of John D. Chandley and William W. Hogan on the Standard Market Design NOPR, Nov. 11, 2002.
5. FERC Notice of Proposed Rulemaking (NOPR) (2002), Standard Market Design, Docket No. RM1-12-000, July 31, 2002.
6. FERC White Paper (2003), Wholesale Power Market Platform, April 28, 2003.
7. Kellan Fluckiger (2002), Reserves: How Much Is Enough or What Is Market Power Anyway? California Power Authority, Sept. 23, 2002.
8. Alfred E. Kahn (2002), The Adequacy of Prospective Returns on Generation Investments under Price Control Mechanisms, NERA Energy Regulation Brief, Feb. 2002.
9. Cliff Rochlin (2002), Is Electricity a Right? Elec. J., March 2002.
10. Gary Stern (2003), Resource Adequacy in Competitive Electricity Markets, Presentation at Rutgers Univ. Center for Research in Regulated Industries Advanced Workshop in Regulation & Competition, 16th Annual Western Conference, June 27, 2003.
11. Frank Wolak (2000), An Empirical Analysis of the Impact of Hedge Contracts on Bidding Behavior in a Competitive Electricity Market, Int'l Econ. J., Summer 2000.