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Market Monitoring by Regional Transmission Organizations: What Role Should They Play in Detecting and Mitigating Market Power?

✍ Scribed by Gregory J. Werden


Publisher
Elsevier Science
Year
2000
Tongue
English
Weight
203 KB
Volume
13
Category
Article
ISSN
1040-6190

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✦ Synopsis


The socially optimal mitigation policy is apt to blend several approaches. These may include the sort of bid caps that RTOs now contemplate; but those surely are not optimal by themselves, nor is it sensible to dump market problems entirely in the laps of RTOs.