Default service auctions

Article Abstract:

The need to meet the default service obligations lent itself to the auction format where, for the first time, one-year forward contracts were negotiated to ensure supply of power to the default service customers. The auction format was chosen to fit the specific needs of the New Jersey Electric Discount and Energy Competition Act and the New Jersey Board of Public Utilities mandate for a competitive bidding process to meet the utilities default service obligations.

Contracts & orders received, New Jersey, Management dynamics, Services information, Electric Power Trans & Distr, Electric Power Transmission, Control, and Distribution, Contracts & orders let, Energy Supply Programs-Electric Power, Management, Services, Contracts, Electric power supply, Contract agreement, Company business management

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The market response to restructuring: a behavioral model

Article Abstract:

The behavior of producers, consumers, and regulators in deciding to restructure the electricity sector and to estimate their equilibrium response to the newly restructured market is modeled. The effects of the price effect of restructuring are found to be focused on the industrial consumers.

Financial management, Organizational history, Analysis, Finance, Company restructuring/company reorganization, Reorganization and restructuring, Company financing, Equilibrium (Economics), Company organization

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Measuring the impact of asymmetric information: an example from energy conservation

Article Abstract:

The development of a model to determine the influence of asymmetric information on the conservation programs of utilities is discussed.

Government expenditures, Government domestic functions, Energy Conservation, Models, Energy policy, Economic policy

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