The Role of the ISO in U.S. Electricity Markets: A Review of Restructuring in California and PJM
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.
|Date of creation:||01 Apr 1999|
|Date of revision:||01 Apr 1999|
|Publication status:||Published in Electricity Journal, 12:4, April 1999, pages 71-81.|
|Contact details of provider:|| Postal: Economics Department, University of Maryland, College Park, MD 20742-7211|
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