Standard market design in wholesale electricity markets: Can FERC's proposed structure adapt to the unknown?

Lynne Kiesling; Brian Mannix

doi:10.1016/S1040-6190(03)00009-5

Standard market design in wholesale electricity markets: Can FERC's proposed structure adapt to the unknown?

Lynne Kiesling^*, Brian Mannix

^*Corresponding author for this work

Paula M. Trienens Institute for Sustainability and Energy

Research output: Contribution to journal › Article › peer-review

Abstract

The SMD proposal focuses on wholesale markets and transmission in isolation, not on ways to encourage a more market-based retail approach. As long as it remains so supply-focused, policy will be like one hand clapping, leading to potential overinvestment in transmission and costly future revisions of institutions.

Original language	English (US)
Pages (from-to)	11-19
Number of pages	9
Journal	Electricity Journal
Volume	16
Issue number	2
DOIs	https://doi.org/10.1016/S1040-6190(03)00009-5
State	Published - Mar 2003

ASJC Scopus subject areas

Energy (miscellaneous)
Law
Management of Technology and Innovation
Business and International Management

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10.1016/S1040-6190(03)00009-5

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title = "Standard market design in wholesale electricity markets: Can FERC's proposed structure adapt to the unknown?",

abstract = "The SMD proposal focuses on wholesale markets and transmission in isolation, not on ways to encourage a more market-based retail approach. As long as it remains so supply-focused, policy will be like one hand clapping, leading to potential overinvestment in transmission and costly future revisions of institutions.",

author = "Lynne Kiesling and Brian Mannix",

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Standard market design in wholesale electricity markets: Can FERC's proposed structure adapt to the unknown?

Abstract

ASJC Scopus subject areas

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