The non-convex technical constraints governing power production have led wholesale market operators to implement alternative pricing schemes intending to ensure that market participant incentives are ...

Price formation and flexibility valuation in production cost modeling, Smith, Kaleb, Santarém de Araújo, Hugo, Mays, Jacob

This study investigates how algorithmic choices in power system operations affect the total compensation available to different technologies participating in wh

What's the origin story of wholesale power markets?

One of the persistent concerns in scarcity-based electricity market designs is that markets for long-term contracts are highly illiquid or ‘missing’. …

This Article considers how to allocate the costs of transmission when states, utilities, or other classes of customers adopt different clean energy policies. It