Title of article
Market Power Mitigation and Energy-Limited Resources
Author/Authors
Ren Orans، نويسنده , , Arne Olson، نويسنده , , Carol Opatrny، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
12
From page
20
To page
31
Abstract
FERC’s Standard Market Design takes aim at the problem of withholding by proposing automated mitigation procedures (AMP) as a tool to prevent the exercise of market power. However, only “light-handed” AMP with bid caps based on opportunity costs and no must-offer requirement will result in efficient operations of energy-limited resources.
Journal title
The Electricity Journal
Serial Year
2003
Journal title
The Electricity Journal
Record number
432882
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