Using Auctions to Divest Generation Assets
Lisa J. Cameron (),
Peter Cramton () and
Robert Wilson ()
Papers of Peter Cramton from University of Maryland, Department of Economics - Peter Cramton
In most states, ratepayers will compensate utilities for their stranded costs. As a result, these costs must be measured as accurately as possible, in a manner that is easily understood by all concerned parties. We describe the options for measuring stranded costs and argue that a simultaneous ascending auction is the best approach.
Keywords: Auctions; Stranded Costs; Utilities (search for similar items in EconPapers)
JEL-codes: D44 L97 L94 (search for similar items in EconPapers)
Pages: 10 pages
Date: 1997, Revised 1998-06-09
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Published in Electricity Journal, 10:10, December 1997, pages 22-31.
Downloads: (external link)
http://www.cramton.umd.edu/papers1995-1999/97elec- ... eneration-assets.pdf Full text (application/pdf)
Journal Article: Using auctions to divest generation assets (1997)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pcc:pccumd:97elec
Access Statistics for this paper
More papers in Papers of Peter Cramton from University of Maryland, Department of Economics - Peter Cramton Economics Department, University of Maryland, College Park, MD 20742-7211.
Bibliographic data for series maintained by Peter Cramton ().