Optimal procurement contracts for electricity generation

Article Abstract:

The optimal procurement procedure that states can use when they are buying electric power from non-regulated sources depends on whether a state is dealing with one independent power producer (IPP) or several. If a proposed deal is with a single IPP supplier, states should use a subcontracting strategy that establishes a take-it-or-leave-it price. If several IPP producers are bidding to supply electricity, states should use a second price auction strategy.

Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Energy Regulation-Electric Sales, Purchasing, Electric power, Public contracts, Government contracts, Energy law

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Sulfur dioxide compliance of a regulated utility

Article Abstract:

An evaluation of policy effects on air pollution control techniques by electric utilities reveals that Public Utility Commission regulations can affect Clean Air Act implementation outcomes. The study reveals that incentives combined with 'cost-plus' compliance can increase social costs of compliance significantly. However, the effects do not undermine the principal goal of air quality management policies.

Air Pollution Control Programs, Standards, Air pollution control, Environmental law, Regulatory compliance costs

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Tradable allowances in a restructuring electric industry

Article Abstract:

The tradable allowance program for sulfur dioxide has entered into an electric industry which is being restructured. Allowance market and incentives in the industry are affected by two major changes, namely, the sprouting of stranded costs and the entry of nonutilities in the industry. The effects depend on the consumers' attitudes toward patronizing entrants and traditional utilities.

All Other Basic Inorganic Chemical Manufacturing, Environmental Programs, Industrial inorganic chemicals, not elsewhere classified, Sulfur Dioxide, Economic aspects, Laws, regulations and rules, Environmental economics, Trade adjustment assistance

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