What Do the ISOs’ Public Bid Data Reveal about the California Market?

✍ Scribed by Matthew A. Barmack

• Publisher: Elsevier Science
• Year: 2003
• Tongue: English
• Weight: 387 KB
• Volume: 16
• Category: Article
• ISSN: 1040-6190
• DOI: 10.1016/s1040-6190(02)00410-4

✦ Synopsis

This article offers an approach to identifying speci®c units and bidders in the California ISO's public bid data. The decoded data provide a detailed picture of the bidding and physical behavior of California generators during the summer of 2000. The fact that it is possible to decode the public bid data raises policy questions about whether and how market data should be protected in the future. Matthew A. Barmack Matthew A. Barmack is a Senior Associate at Analysis Group/ Economics, where he applies his expertise in microeconomics and econometrics to the analysis of electricity markets. Dr. Barmack has assessed the competitive consequences of mergers, analyzed competitive behavior, valued generation assets and contracts, estimated stranded costs, and examined the potential savings from the adoption of time-of-use pricing. Dr. Barmack holds a Ph.D. in Economics from the Massachusetts Institute of Technology. The author thanks Ed Kahn, Rod Frame,