Using auctions to divest generation assets
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.
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Volume (Year): 10 (1997)
Issue (Month): 10 (December)
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