The Experts below are selected from a list of 12 Experts worldwide ranked by ideXlab platform
Shmuel S Oren - One of the best experts on this subject based on the ideXlab platform.
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The Texas Energy-Only Resource Adequacy Mechanism
The Electricity Journal, 2006Co-Authors: Eric Schubert, Parviz Adib, David J Hurlbut, Shmuel S OrenAbstract:On Sept. 13, 2006, the Public Utility Commission of Texas put into effect a new Resource Adequacy and Market Power Rule which establishes an Energy-Only Resource Adequacy Mechanism in the ERCOT electricity market, relaxes the $1,000 per MWh offer cap, and replaced existing market mitigation procedures with more market transparency and prompt information disclosure. The authors describe the motivation and rationale underlying the new rule, its development process, and its implementation details. (author)
Eric Schubert - One of the best experts on this subject based on the ideXlab platform.
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The Texas Energy-Only Resource Adequacy Mechanism
The Electricity Journal, 2006Co-Authors: Eric Schubert, Parviz Adib, David J Hurlbut, Shmuel S OrenAbstract:On Sept. 13, 2006, the Public Utility Commission of Texas put into effect a new Resource Adequacy and Market Power Rule which establishes an Energy-Only Resource Adequacy Mechanism in the ERCOT electricity market, relaxes the $1,000 per MWh offer cap, and replaced existing market mitigation procedures with more market transparency and prompt information disclosure. The authors describe the motivation and rationale underlying the new rule, its development process, and its implementation details. (author)
Parviz Adib - One of the best experts on this subject based on the ideXlab platform.
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The Texas Energy-Only Resource Adequacy Mechanism
The Electricity Journal, 2006Co-Authors: Eric Schubert, Parviz Adib, David J Hurlbut, Shmuel S OrenAbstract:On Sept. 13, 2006, the Public Utility Commission of Texas put into effect a new Resource Adequacy and Market Power Rule which establishes an Energy-Only Resource Adequacy Mechanism in the ERCOT electricity market, relaxes the $1,000 per MWh offer cap, and replaced existing market mitigation procedures with more market transparency and prompt information disclosure. The authors describe the motivation and rationale underlying the new rule, its development process, and its implementation details. (author)
David J Hurlbut - One of the best experts on this subject based on the ideXlab platform.
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The Texas Energy-Only Resource Adequacy Mechanism
The Electricity Journal, 2006Co-Authors: Eric Schubert, Parviz Adib, David J Hurlbut, Shmuel S OrenAbstract:On Sept. 13, 2006, the Public Utility Commission of Texas put into effect a new Resource Adequacy and Market Power Rule which establishes an Energy-Only Resource Adequacy Mechanism in the ERCOT electricity market, relaxes the $1,000 per MWh offer cap, and replaced existing market mitigation procedures with more market transparency and prompt information disclosure. The authors describe the motivation and rationale underlying the new rule, its development process, and its implementation details. (author)
Ian Hallett - One of the best experts on this subject based on the ideXlab platform.
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aggregate industrial energy consumer response to wholesale prices in the restructured texas electricity market
Energy Economics, 2008Co-Authors: Jay Zarnikau, Ian HallettAbstract:The aggregate response of consumers to wholesale price signals is very limited in the restructured Electric Reliability Council of Texas (ERCOT) market. An overall average own-price elasticity of demand of - 0.000008 for industrial energy consumers served at transmission voltage is estimated using a Symmetric Generalized McFadden cost function model. To date, ERCOT has sought to promote demand response to price signals without reliance on "stand alone" demand response programs, but with a market structure that is designed to facilitate economic demand response. This very limited responsiveness to wholesale price signals may prove problematic in light of policy decisions to pursue an "energy only" Resource Adequacy Mechanism for ERCOT.
