|
|
|
Publications May 2007, Electricity Journal Standby rate design: current issues and possible innovations Overview of distribution standby rates including current practices and possible innovations. January 2007, London Economics Press (funded by American Public Power Associationand the National Rural Electric Cooperative Association) A comparative analysis of actual locational marginal prices in the PJM Market and estimated short-run marginal costs: 2003-2006. The study estimates the monthly peak and off-peak price-cost markup indices in Day-Ahead Locational Marginal Prices (LMPs) for the PJM Classic region over the period January 2003 through July 2006. The main goal is to assess the relationship between the realized prices and short-run marginal costs of the price setting units. One finding is that price-cost markup indices are positive for many months. November 2006, London Economics Press (sponsored by the California Energy Commission) Survey of capacity product posting, unbundled capacity attributes, and trading platforms in use in other jurisdictions and comparison to requirements being developed in California This report summarizes the findings of a comparative study commissioned by the California Energy Commission, providing an analysis of the capacity product, trading platforms, and market institutions in other jurisdictions. The report also discusses how these other markets’ experiences may be useful models for California, especially in the context of a voluntary trading mechanism (such as an electronic bulletin board), implemented to assist market participants in trading capacity to achieve compliance with the recently revised resource adequacy requirements. February 2005, Public Utilities Fortnightly Picture of a stalled competitive model This article compares the evolution of power sector reform across Eastern and Western Europe and identifies potential investment opportunities August 2004, London Economics Press Beyond market shares and cost plus pricing Policy-oriented White Paper discusses how to design an economically proper horizontal market power mitigation framework for today's electricity markets May 2004, Public Utilities Fortnightly Let's get this party started Revisits Ontario power sector and presents foundation for market developments April 2004, Electricity Journal Uncover the true value in merchant generation Article shows how advanced statistical techniques can be used to estimate future revenues May 2003, London Economics Press Economic evaluation of the Path 15 and Path 26 transmission expansion projects in California Use of integrated modeling framework to demonstrate economics and social benefits and relative value of transmission projects February 2003, Public Utilities Fortnightly On the Brink: Avoiding a Canadian California Presents critique of developments in Ontario power sector October 2001, Electricity Journal Real options as applied to the valuation of generation assets Demonstrates practical approach for application of real options to power sector assets July 2001, Public Utilities Fortnightly Performance-based ratemaking (PBR) in the UK Reviews history of PBR in UK and its effect on revenues of wires companies there March 2001,Public Utilities Fortnightly Market power and wholesale prices in Ontario Uses sophisticated bidding strategy software to show how market power should be managed in Ontario June 1999, Electricity Journal Importance of functioning retail markets to creating competitive wholesale markets Identifies linkage between upstream and downstream product markets, shows importance of well structured retail market designs March 1999, Electricity Journal Contractual mechanisms to reduce market power Discusses design of tolling agreements intended to reduce market power without requiring divestiture, with examples from Alberta |
| Email Us | Site Map | ||
| © 2008. London Economics International, LLC. | Links | ||