• DocumentCode
    376812
  • Title

    The capacity auction and the price to beat concept

  • Author

    Lloyd, Brian H.

  • Author_Institution
    Electric Division, Public Utility Comm. of Texas, TX, USA
  • Volume
    1
  • fYear
    2002
  • fDate
    2002
  • Firstpage
    8
  • Abstract
    Summary form only given. The author describes how the price to beat is one of the key linchpins in ensuring that robust retail competition develops in the restructured Texas electric marketplace. The price to beat is intended to both ensure that residential and small commercial customers see a rate reduction from regulated utility rates, as well as ensure that there is an adequate margin for new competitors.
  • Keywords
    commerce; electricity supply industry; power system economics; tariffs; USA; capacity auction; commercial customers; electric power industry; price to beat concept; rate reduction; regulated utility rates; residential customers; robust retail competition; Character generation; Costs; Fuels; Natural gas; Power generation; Power generation dispatch; Robustness;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power Engineering Society Winter Meeting, 2002. IEEE
  • Print_ISBN
    0-7803-7322-7
  • Type

    conf

  • DOI
    10.1109/PESW.2002.984928
  • Filename
    984928