Market Design

Find papers and presentations on all market design topics;

Capacity Markets, Competitive Market Models, ELMP, Financial Transmission Rights, investment incentives, lessons from abroad, lessons from other industries, LMP, price formation, regional transmission organizations, retail pricing, and. scarcity pricing.

Capacity Markets

Crampton, Peter, and Steven Stoft. “The Convergence of Market Designs for Adequate Generating Capacity.” In, 2006.Abstract

cramton_stoft_0406.pdf

Crampton, Peter and Steven Stoft. The Convergence of Market Designs for Adequate Generating Capacity. April 2006. Paper, 72 pages.

Sotkiewicz, Paul, and Mario Vignolo. “Towards a Cost Causation Based Tariff for Distribution Networks with DG.” In, 2006.Abstract

sotkiewicz_vignolo_dgtariff_0406.pdf

Sotkiewicz, Paul and Mario Vignolo. Towards a Cost Causation Based Tariff for Distribution Networks with DG. April 2006. Working Paper, 10 pages.

Healy, Tim. “Demand Response: An Underutilized Capacity Resource Whose Time is Now.” In, 2006.Abstract

healy_demand_response_0306.pdf

Healy, Tim. Demand Response: An Underutilized Capacity Resource Whose Time is Now. 30 November 2006. Presentation, 26 pages.

“Resource Adequacy in the Electric Reliability Council of Texas Power Region.” In, 2006.Abstract

Public Utilities Commission of Texas. Resource Adequacy in the Electric Reliability Council of Texas Power Region. Rule 25.505. 13 September 2006. 4 pages.

Sotkiewicz, Paul, and Mario Vignolo. “The Value of Intermittent Wind DG under Nodal Prices and Amp-mile Tariffs.” In, 2006.Abstract

sotkiewicz_vignolo_intermittentdg_1206.pdf

Sotkiewicz, Paul and Mario Vignolo. The Value of Intermittent Wind DG under Nodal Prices and Amp-mile Tariffs. December 2006. Working Paper, 7 pages.

Hogan, William. “Infrastructure, Resource Adequacy and Electricity Market Restructuring.” In, 2005.Abstract

ward_hepg_092205.pdf

Hogan, William. Infrastructure, Resource Adequacy and Electricity Market Restructuring. 22 September 2005. Presentation, 44 pages.

Meade, Richard. “Electricity Investment and Security of Supply in Liberalized Electricity Systems.” In, 2005.Abstract

meadeelectricityinvestmentandsecurity.pdf

Meade, Richard. Electricity Investment and Security of Supply in Liberalized Electricity Systems. May 2005. Paper, 31 pages.

Hogan, William. “On an Energy Only" Electricity Market Design For Resource Adequacy".” In, 2005.Abstract

ward_hepg_092205.pdf

Hogan, William. On an Energy Only" Electricity Market Design For Resource Adequacy. 23 September 2005. Presentation, 39 pages."

McMahon, John. “Retail Competition: Orange and Rockland Utilities, Inc.” In, 2005.Abstract

ward_hepg_092205.pdf

McMahon, John. Retail Competition: Orange and Rockland Utilities, Inc. 22 September 2005. Presentation, 5 pages.

Hart, Craig. “Resource Adequacy and Electricity Markets.” In, 2005.Abstract

ward_hepg_092205.pdf

Hart, Craig. Resource Adequacy and Electricity Markets. 22 September 2005. Presentation, 32 pages.

Competitive Market Models

Sotkiewicz, Paul, and Mario Vignolo. “The Value of Intermittent Wind DG under Nodal Prices and Amp-mile Tariffs.” In, 2006.Abstract

sotkiewicz_vignolo_intermittentdg_1206.pdf

Sotkiewicz, Paul and Mario Vignolo. The Value of Intermittent Wind DG under Nodal Prices and Amp-mile Tariffs. December 2006. Working Paper, 7 pages.

ERCOT, “The Market Guide: A Guide to How the Electric Reliability Council of Texas (ERCOT) Facilitates the Competitive Power Market.” In, 2005.Abstract

ercot_market_guide.pdf

ERCOT. The Market Guide: A Guide to How the Electric Reliability Council of Texas (ERCOT) Facilitates the Competitive Power Market. 1 January 2005. Paper, 82 pages.

Forum, Bay Area Economic. “Bay Area Economic ForumLightning Strikes Twice: California Faces the Real Risk of a Second Power Crisis. Taking the Right Steps to Ensure a Powerful Future.” In, 2004. Publisher's Version Abstract

Bay Area Economic Forum. Lightning Strikes Twice: California Faces the Real Risk of a Second Power Crisis. Taking the Right Steps to Ensure a Powerful Future. August 2004. Paper, 28 pages.

Commission, California Energy. “Documents and Reports for the 2004 Update to the 2003 Integrated Energy Policy Report.” In, 2004. Publisher's Version Abstract

California Energy Commission. Documents and Reports for the 2004 Update to the 2003 Integrated Energy Policy Report. 20 October 2004. Links to final report, workshops and meetings.

Fleischaker, David. “Electricity Restructuring: A Long Day's Journey Into Night?” In, 2004.Abstract

fleischaker.elec_.restruct.7.oct_.04.pdf

Fleischaker, David. Electricity Restructuring: A Long Day's Journey Into Night? 7 October 2004. Presentation, 7 pages.

Rose, Kenneth. “2004 Performance Review of Electric Power Markets.” In, 2004.Abstract

rose.2004.perf_.review.elec_.mkts_.0804.pdf

Rose, Kenneth. 2004 Performance Review of Electric Power Markets . 25 August 2004. Review conducted for the Virginia State Corporation Commission, 170 pages.

Regional Transmission Organizations (RTO)

Greenleaf, Steve. “The Costs and Benefits of Cost-Benefit Studies: A Client's Perspective (“To LMP or Not to LMP”).” In, 2003.Abstract

greenleaf_cost.benefit_lmp_study_5-22-03.pdf

Greenleaf, Steve. The Costs and Benefits of Cost-Benefit Studies: A Client‰Ûªs Perspective (‰ÛÏTo LMP or Not to LMP‰Û). 22 May 2003. Presentation, 20 pages.

Mayhew, James. “The Virtues of a Virtual RTO.” In, 2003.Abstract

mayhew.virtual.rto_.26.sept_.03.hepg_.pdf

Mayhew, James. The Virtues of a Virtual RTO. 26 September 2003. Presentation, 19 pages.

Ott, Andrew. “PJM-MISO: Achieving a Virtual RTO Through a Joint Operating Agreement.” In, 2003.Abstract

ott.virtual.rto_.hepg_.25.sept_.03.pdf

Ott, Andrew. PJM-MISO: Achieving a Virtual RTO Through a Joint Operating Agreement. 26 September 2003. Presentation, 12 pages.

Hogan, William. “Electricity Market Design and Structure: Avoiding the Separation Fallacy.” In, 2002.Abstract

hogan_ferc_rto_functions_filing_only_031202.pdf

Hogan, William. Electricity Market Design and Structure: Avoiding the Separation Fallacy. Comments submitted to FERC, Docket No. RM01-12-000. 12 March 2002. 7 pages.

Brown, Ashley. “RTO Governance.” In, 2002.Abstract

brown_rto_governance_4-3-02_acb.pdf

Brown, Ashley. RTO Governance. 3 April 2002. Presentation, 12 pages.

Bird, Stephen. “Appendix A ‰ÛÒ RTO Governance: A Comparison of ISO Governance Structures in the US.” In, 2002.Abstract

bird_iso_gov_comparison_matrix_app_a.pdf

Bird, Stephen. Appendix A ‰ÛÒ RTO Governance: A Comparison of ISO Governance Structures in the US. 3 April 2002. Table, 3 pages.

Commission, Federal Energy Regulatory. “Declaratory Order on Regional Transmission Organization (WestConnect RTO).” In, 2002.Abstract

ferc_dec.order_.westconnect.rto_10-10-02.pdf

Federal Energy Regulatory Commission. Declaratory Order on Regional Transmission Organization (WestConnect RTO). 10 October 2002. FERC Order, 77 pages.

Commission, Federal Energy Regulatory. “Order Granting Petition for Declaratory Order (SeTrans RTO).” In, 2002.Abstract

ferc_order.setrans.rto_10-10-02.pdf

Federal Energy Regulatory Commission. Order Granting Petition for Declaratory Order (SeTrans RTO). 10 October 2002. FERC Order, 45 pages.

Patton, David. “RTO Configuration Assessment Letter.” In, 2002.Abstract

patton_rto.config.letter_7-10-02.pdf

Patton, David. RTO Configuration Assessment Letter. 10 July 2002. Letter, Report, 8 pages.

Randazzo, Sam. “Spotlight on the RTO Board: Governance.” In, 2002.Abstract

randazzo_rto_gov_4-02_atlanta.pdf

Randazzo, Sam. Spotlight on the RTO Board: Governance. 3 April 2002. Paper, 18 pages.

Chandley, John, and William Hogan. “Independent Transmission Companies in a Regional Transmission Organization.” In, 2002.Abstract

chandley_hogan_itc_in_rto_rev_jan_8_02.pdf

"Chandley, John and William Hogan. Independent Transmission Companies in a Regional Transmission Organization. 20 December 2001. Revised 8 January 2002. Paper, 22 pages."

“Northeast RTO Agreement.” In, 2002.Abstract

nyiso_ne_agreement_1-02.pdf

ISO New England and New York ISO. Northeast RTO Agreement. 28 January 2002. Agreement, press release, 5 pages.

Cleary, Anne. “RTO Board Governance.” In, 2002.Abstract

cleary_rto_gov_hepg_040102.pdf

Cleary, Anne. RTO Board Governance. 3 April 2002. Presentation, 9 pages.

“PJM, MISO Planning Joint and Common Wholesale Energy Market: Single Energy Market Would Serve 27 States, the Canadian Province of Manitoba, and the District of Columbia.” In, 2002.Abstract

pjm_miso_joint_planning_announce_1-22-02.pdf

Comtex. PJM, MISO Planning Joint and Common Wholesale Energy Market: Single Energy Market Would Serve 27 States, the Canadian Province of Manitoba, and the District of Columbia. 21 January 2002. News story, 4 pages.

ISO, New York. “New York ISO. Power Alert: New York's Energy Crossroads. March 2001. Paper and appendices, 52 pages.” In, 2001.Abstract

New York ISO. Power Alert: New York's Energy Crossroads. March 2001. Paper and appendices, 52 pages.

Shanker, Roy. “Is a Single Reasonable NE Market Feasible? An Initial Analysis of Technology and Scalability.” In, 2001.Abstract

roy_shanker_commentsscale3.9-21-01.pdf

Shanker, Roy. Is a Single Reasonable NE Market Feasible? An Initial Analysis of Technology and Scalability. August 2001. Paper, 10 pages.

Museler, William. “Museler, William. Embracing the Future (Commentary on NY State Electricity Markets). 4 April 2001. Presentation, ,br>24 pages.” In, 2001.Abstract

Museler, William. Embracing the Future (Commentary on NY State Electricity Markets). 4 April 2001. Presentation, ,br>24 pages.

Harris, Philip. “Harris, Philip. PJM Overview. 4 April 2001. Presentation, 5 pages.” In, 2001.Abstract

Harris, Philip. PJM Overview. 4 April 2001. Presentation, 5 pages.

England, ISO New, and New York ISO. “"ISO New England and New York ISO. The Option 1M Implementation Plan. 10 September 2001. Presentation, paper, 15 pages."” In, 2001.Abstract

"ISO New England and New York ISO. The Option 1M Implementation Plan. 10 September 2001. Presentation, paper, 15 pages."

PJM, “Comments of PJM to the Interregional RTO Technical Conference.” In, 2001.Abstract

pjm._comments_of_pjm_to_the_interregional_rto_technical_conference._ferc_document_21_pages.pdf

PJM. Comments of PJM to the Interregional RTO Technical Conference. 2 July 2001. FERC document, 21 pages.

Drom, Richard (PJM). “Regional Networked Market Concept for Implementation of a Single Regional Energy Market Including Allegheny Power, New England, New York and PJM.” In, 2001.Abstract

richard_drom_pjmrnm_concept_9-18-01.pdf

Drom, Richard (PJM). Regional Networked Market Concept for Implementation of a Single Regional Energy Market Including Allegheny Power, New England, New York and PJM. 18 September 2001. Paper, 13 pages.

Raskin, David. “Raskin, David. Grid South Transco, LLC. 8 December 2000. Presentation.” In, 2000.Abstract

Raskin, David. Grid South Transco, LLC. 8 December 2000. Presentation.

Stagliano, Vito. “Stagliano, Vito. Regional Transmission Organizations. 21 January 2000. Presentation.” In, 2000.Abstract

Stagliano, Vito. Regional Transmission Organizations. 21 January 2000. Presentation.

Berry, William. “Regional Transmission Organizations: The Rulemaking and the Rules.” In, 2000.Abstract

berry_2000.pdf

Berry, William. Regional Transmission Organizations: The Rulemaking and the Rules. Presentation to the Twenty-First Plenary Session of the Harvard Electricity Policy Group, 21 January 2000.

Crane, Cindy. “RTO West.” In, 2000.Abstract

cranertowest2000.pdf

Crane, Cindy. RTO West. 8 December 2000. Presentation.

Hogan, William. “"Hogan, William. Regional Transmission Organizations: Designing Market Institutions for Electric Network Systems. 21 January 2000. Presentation."” In, 2000.Abstract

"Hogan, William. Regional Transmission Organizations: Designing Market Institutions for Electric Network Systems. 21 January 2000. Presentation."

Wolak, Frank. “"Wolak, Frank. Designing and Monitoring a Regional Transmission Organization: Comments on FERC Order 2000. 21 January 2000. Presentation."” In, 2000.Abstract

"Wolak, Frank. Designing and Monitoring a Regional Transmission Organization: Comments on FERC Order 2000. 21 January 2000. Presentation."

Nunnally, Ron. “Nunnally, Ron. RTO Development: California Perspective. 16 March 2000. Presentation.” In, 2000.Abstract

Nunnally, Ron. RTO Development: California Perspective. 16 March 2000. Presentation.

Hogan, William. “Regional Transmission Organizations: Millennium Order on Designing Market Institutions for Electric Network Systems.” In, 2000.Abstract

Hogan, William. Regional Transmission Organizations: Millennium Order on Designing Market Institutions for Electric Network Systems. May 2000. Paper, 58 pages.

Szwed, Stan. “Szwed, Stan. The Transition to Regional Transmission Organizations: The Alliance RTO. 16 March 2000. Presentation.” In, 2000.Abstract

Szwed, Stan. The Transition to Regional Transmission Organizations: The Alliance RTO. 16 March 2000. Presentation.

Scarcity Pricing

Liu, Shucheng. “Concepts of the CAISO Scarcity Pricing Design.” In, 2009.Abstract

shucheng_liu_march09.pdf

Liu, Shucheng. Concepts of the CAISO Scarcity Pricing Design. Presentation to the Harvard Electricity Policy Group Fifty-Fourth Plenary Session. March 13, 2009. 17 pages.

Centolella, Paul, and Andrew Ott. “The Integration of Price Responsive Demand into PJM Wholesale Power Markets and System Operations.” In, 2009.Abstract

centolella_ott_pjm_prd_03092009.pdf

Centolella, Paul and Andrew Ott. The Integration of Price Responsive Demand into PJM Wholesale Power Markets and System Operations. March 9, 2009. 17 pages.

Ott, Andrew. “Evolution of Scarcity Pricing In the PJM Market.” In, 2009.Abstract

andy_ott_march09.pdf

Ott, Andrew. Evolution of Scarcity Pricing In the PJM Market. Presentation to the Harvard Electricity Policy Group Fifty-Fourth Plenary Session. March 13, 2009. 12 pages.

Hogan, William. “Scarcity Pricing: More On Locational Operating Reserve Demand Curve.” In, 2009.Abstract

hogan_hepg_031309r.pdf

Hogan, William. Scarcity Pricing: More On Locational Operating Reserve Demand Curve. Presentation to the Harvard Electricity Policy Group Fifty-Fourth Plenary Session. March 13, 2009. 47 pages.

Centolella, Paul. “Scarcity Pricing In a Smart Energy Future.” In, 2009.Abstract

paul_centolella_march09.pdf

Centolella, Paul. Scarcity Pricing In a Smart Energy Future. Presentation to the Harvard Electricity Policy Group Fifty-Fourth Plenary Session. March 13, 2009. 17 pages.

Sheffield, Jim. “Forward Contracts and Capacity Markets: High Powered Incentives or Assets to be Stranded?” In, 2006.Abstract

sheffield_hepg_0306.pdf

Sheffield, Jim. Forward Contracts and Capacity Markets: High Powered Incentives or Assets to be Stranded? 2 March 2006. Presentation, 13 pages.

Sotkiewicz, Paul, and Mario Vignolo. “Towards a Cost Causation Based Tariff for Distribution Networks with DG.” In, 2006.Abstract

sotkiewicz_vignolo_dgtariff_0406.pdf

Sotkiewicz, Paul and Mario Vignolo. Towards a Cost Causation Based Tariff for Distribution Networks with DG. April 2006. Working Paper, 10 pages.

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Market Design

Find papers and presentations on all market design topics;

Capacity Markets

Competitive Market Models

Regional Transmission Organizations (RTO)

Scarcity Pricing

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