| dc.contributor.author | Cramton, Peter | |
| dc.contributor.author | Hung-po, Chao | |
| dc.contributor.author | Wilson, Robert | |
| dc.date.accessioned | 2007-08-07T13:50:10Z | |
| dc.date.available | 2007-08-07T13:50:10Z | |
| dc.date.issued | 2005-01 | |
| dc.identifier.citation | "Review of the Proposed Reserve Markets in New England," (with Hung-po Chao and Robert Wilson) White Paper, Market Design Inc., January 2005. | |
| dc.identifier.uri | http://hdl.handle.net/1903/7057 | |
| dc.description.abstract | ISO New England proposes reserve markets designed to improve the existing forward
reserve market and improve pricing during real-time reserve shortages. We support all of the
main elements of the proposal. For example, we agree that little is gained by allowing reserve
availability bids in the day-ahead market. Doing so greatly increases the complexity of the
market without the prospect of more efficient pricing. Rather, offline reserves are most
efficiently priced and awarded well in advance, as is done by the improved forward reserve
market. | |
| dc.format.extent | 206182 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.language.iso | en_US | en |
| dc.publisher | Market Design, Inc. | |
| dc.subject | New England Reserve Markets | en |
| dc.title | Review of the Proposed Reserve Markets in New England | en |
| dc.type | White Paper | en |
| dc.relation.isAvailableAt | Digital Repository at the University of Maryland | en_us |
| dc.relation.isAvailableAt | Economics Department | en_us |
| dc.relation.isAvailableAt | College of Behavioral and Social Sciences | en_us |
| dc.relation.isAvailableAt | University of Maryland (College Park, Md.) | en_us |
