β Scribed by Jay Zarnikau; Amy Lam
No coin nor oath required. For personal study only.
Policy initiatives designed to foster competition among electricity generators in Texas face a special challenge due to the relative isolation of that system. This isolation contributes to high levels of market concentration and market power that could hinder the development of a truly competitive market.
π SIMILAR VOLUMES
## Scarcity, Market Power, and Price Caps in Wholesale Electric Power Markets Measures to limit the market power that can occur during hours of tight supply may be warranted, but designing them requires distinguishing market power from scarcity and other causal factors. The difficulty of making suc
The Electricity Journal fused with competitive behaviorparticularly competitive peak-load pricing-how it can be distinguished from competitive behavior, and the implications for wholesale electricity markets.
Mainly because of environmental concerns and fuel price uncertainties, considerable amounts of wind-based generation capacity are being added to some deregulated power systems. The rapid wind development registered in some countries has essentially been driven by strong subsidizing programs. Since w