Full Title: Refreshing Price Formation Policy In Wholesale Electricity Markets
Author(s): Devin Hartman
Publisher(s): RStreet Institute
Publication Date: September 1, 2017
Full Text: Download Resource
Description (excerpt):
In less than two decades, the rise and proliferation of organized wholesale electricity markets has resulted in more efficient and reliable operations and investment in the bulk transmission system. These markets, administered by regional transmission organizations (RTOs) or independent system operators (ISOs), rely on market prices to signal efficient and reliable behavior among market participants. In short, the success of these markets depends on healthy price formation.