Title :
The nay sayers nave been proved wrong [competitive electricity markets]
Author :
Logan, Douglas M.
Author_Institution :
RDI Consulting, Boulder, CO, USA
fDate :
28 Jan-1 Feb 2001
Abstract :
A key issue in the design of competitive wholesale power markets is whether the market will provide adequate incentives for investment in new plants given the greater risk in a deregulated market. Five related issues are discussed. Trends in power plant construction, whether market structure influences plant construction, the potential for a bust cycle in plant construction, what is required for appropriate balancing of supply and demand, and US West Coast power markets in Summer 2000
Keywords :
electric power generation; electricity supply industry; investment; power system economics; USA; bust cycle; competitive electricity markets; deregulated market risk; investment incentives; market structure; power plant construction; wholesale power markets; Combustion; Electric breakdown; Investments; North America; Power generation; Power markets; Proposals; Supply and demand; Turbines; USA Councils;
Conference_Titel :
Power Engineering Society Winter Meeting, 2001. IEEE
Conference_Location :
Columbus, OH
Print_ISBN :
0-7803-6672-7
DOI :
10.1109/PESW.2001.916858
