News Analysis
Fuel costs drive electric prices, but generators seem perfectly willing to pay a premium for fuel when they're getting top dollar for power.
News Analysis
News Digest
News Digest
People
Entergy's Grid Grab
Will tomorrow's transmission be privately funded, with the first-class seats reserved for investors?
The six o'clock news has locked its radar on California's power market meltdown, and rightly so. But that's no reason to overlook the nation's heartland, where a utility coming late to the game has set the pot boiling.
Electricity Choice: Pick Your Poison
A. Errant Economics? B. Lousy Law? C. Market Manipulation? D. All Three?
1 "An Open Letter to Members of the U.S. House and Senate Conference Committee About National Electric Power Transmission Policy from a Group of Concerned Engineers,", Oct. 1, 1992, pg. 15.
2 Dr. Eugene Coyle, Price Discrimination, Electric Redlining, and Price Fixing in Deregulated Electric Power, , January 2000, p. 7, 8.
3 J.M. Keynes, "The End of Laissez-faire" in , London, The Macmillan Press, 1972, p. 284 .
4 Ibid., pg. 35.
Price-Responsive Retail Demand: Key to Competitive Electricity Markets
Wholesale and retail are two different worlds, and therein lies trouble and opportunity.
* All four of the operational independent system operators (ISOs) in the United States experience market-power problems when demand is high (typically during the summer). As a consequence, the four ISOs impose price or bid caps on the participating generators. A robust demand side that participated in bulk-power markets might obviate the need for such caps.
Dancing With Goliath: Prospects After the Breakup of Ontario Hydro
How market power likely will emerge, despite the government's good intentions.
¥ CUSTOMBid is a product of Mellowmede Ltd., developed in consultation with the staff of London Economics International LLC. London Economics International LLC is an exclusive licensee of CUSTOMBid.
# "Cournot competition" refers to an oligopoly in which each firm believes that its rivals are committed to a certain level of production and that rivals will reduce their prices as needed to sell that amount.
Off Peak
California high school students put their education to work.<b> </b>
Off Peak
February 15, 2001
Deregulation 101
California high school students put their education to work.
Jan. 11, 2001
Dear Secretary of Energy Richardson:
New Analysis
The ISO forges ahead, with or without its members.
News Analysis
Benchmarks
Customer-side electricity demand reduction could stem rising power prices.