Tennessee's NPV method runs afoul of the DC circuit

✍ Scribed by Grenier, Edward J.

• Book ID: 102220986
• Publisher: John Wiley and Sons
• Year: 2007
• Weight: 342 KB
• Volume: 16
• Category: Article
• ISSN: 0743-5665
• DOI: 10.1002/gas.3410160106

✦ Synopsis

I posed to move from a "first come, first served" approach to a bid system for the award of "generally available" firm capacity on its system. Capacity would be awarded to the bidder whose bid had the highest net present value (NPV). Tennessee defined NPV in terms of the incremental revenue it would bring to the system.

. I proposed to move from a "first come, first served'" approach to a bid system . -.