Title :
The capacity auction and the price to beat concept
Author_Institution :
Electric Division, Public Utility Comm. of Texas, TX, USA
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;
Conference_Titel :
Power Engineering Society Winter Meeting, 2002. IEEE
Print_ISBN :
0-7803-7322-7
DOI :
10.1109/PESW.2002.984928
