Product Definition for Future Electricity Supply Auctions: The 2006 Illinois Experience

Luciano de Castro, Matias Negrete-Pincetic, George Gross

Research output: Contribution to journalArticlepeer-review

Abstract

Much of the discussion about new markets for electricity contracts focuses on the auction format to be used. Far less attention has been paid to the contract definition itself. An analysis of the 2006 Illinois Electricity Auction shows how a poorly formulated product definition can erode the performance of such markets. The authors propose an improved product definition to overcome the key problems they have identified.

Original languageEnglish (US)
Pages (from-to)50-62
Number of pages13
JournalElectricity Journal
Volume21
Issue number7
DOIs
StatePublished - Aug 1 2008
Externally publishedYes

ASJC Scopus subject areas

  • Business and International Management
  • Energy (miscellaneous)
  • Management of Technology and Innovation

Fingerprint Dive into the research topics of 'Product Definition for Future Electricity Supply Auctions: The 2006 Illinois Experience'. Together they form a unique fingerprint.

Cite this