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Virtual Bidding: The Good, the Bad and the Ugly

Metin Celebi, Attila Hajos and Philip Q Hanser

The Electricity Journal, 2010, vol. 23, issue 5, 16-25

Abstract: Virtual bidding has become an integral part of major organized electricity markets in the U.S. over the last decade; in some markets, virtual bids set the price half the time. Although virtual bidding can enhance the efficiency of electricity markets, that does not come without risk.

Date: 2010
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Citations: View citations in EconPapers (5)

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