The Role of the ISO in U.S. Electricity Markets: A Review of Restructuring in California and PJM
Lisa Cameron () and
Peter Cramton ()
Papers of Peter Cramton from University of Maryland, Department of Economics - Peter Cramton
Despite their design differences, both the California and the Pennsylvania-New Jersey-Maryland markets provide explicit roles for competition in the scheduling functions while allowing the ISO to manage the spot market. Experience has shown that both can work.
Keywords: Auctions; Electicity Restructuring (search for similar items in EconPapers)
JEL-codes: D44 L97 L94 (search for similar items in EconPapers)
Pages: 11 pages
Date: 1999-04-01, Revised 1999-04-01
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Published in Electricity Journal, 12:4, April 1999, pages 71-81.
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Journal Article: The Role of the ISO in U.S. Electricity Markets: A Review of Restructuring in California and PJM (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:pcc:pccumd:99ej
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