• 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