Provision And Costs of Ancillary Services in a Restructured Electricity Marquet

Reactive Power Support Services in Electricity Markets: Costing and Pricing of Ancillary Services

Spot Pricing of Electricity and Ancillary Services in a Competitive California Market

Typically, in competitive electricity markets, the vertically integrated utilities that were responsible for ensuring system reliability in their own service territories, or groups of territories, cease to exist. The burden falls to an independent system operator (ISO) to ensure that enough ancillary services (AS) are available for safe, stable, and reliable operation of the grid, typically den...

Transmission investment and expansion planning in a restructured electricity market

Transmission planning in a restructured electricity market becomes increasingly complicated. To bridge the gap between economic and engineering considerations, this survey paper suggests a framework to clarify the interactions among various economic and engineering issues by reviewing recent theoretical and practical progress in transmission investment and transmission planning methodology. Thu...

Demand Management in Restructured Wholesale Electricity Markets

Price discovery in restructured electricity markets

We empirically investigate the degree of integration that existed prior to the cost increases that caused emergency conditions in the Western Systems Coordinating Council (WSCC), particularly California, during the summer of 2000. Evidence from Granger causality tests and common features analysis over the period from December 1994 to September 1999 indicates a moderate degree of integration amo...