Titlebook: Electricity Pricing in Transition; Ahmad Faruqui,B. Kelly Eakin Book 2002 Springer Science+Business Media New York 2002 Electric Power.Ele

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Energy Markets and Capacity Valuesgy”), while interruptible service should carry only an energy charge. Competition, however, often occurs in short-term exchanges with one-part pricing and no explicit accounting for capacity. The movement to one-part energy prices is consistent with increased competition and the lower transaction co

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How to Make Power Markets Competitivetages of the production process under one roof. This paper discusses the applicability of economic theories of industrial organization to the electric power industry, and suggests that an integrated grid operator with ownership and control of balancing resources, combined with active bilateral tradi

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Is Market-Based Pricing a Form of Price Discrimination?a fundamental part of the competitive process. Is market-based pricing undesirable? Absolutely not. On the contrary, besides being a fundamental part of the competitive process, market-based pricing also involves the introduction of new and better products and giving customers a wider choice among t

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Use of Market Research in a Competitive Environmentis and conjoint modeling is the means of fulfilling that role. Two examples are provided describing the markets, necessary data, and the pricing approach applied. Finally, a description of the strategic process implied by the approach is provided.

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Negawatt Pricing generation and transmission capacity are partly to blame, as are over-reliance on the spot market. This has created opportunities for making customers’ demand more responsive to prices, especially during periods of high demand. Taking the concept one step further, customers with elastic demand and