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

Research output: Contribution to journalArticlepeer-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 languageEnglish (US)
Pages (from-to)11-19
Number of pages9
JournalElectricity Journal
Volume16
Issue number2
DOIs
StatePublished - Mar 1 2003

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation
  • Law

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