A critique of existing market performance monitoring and mitigation policies

John Farr, Frank A. Felder

Research output: Contribution to journalArticle

2 Scopus citations

Abstract

By ignoring all categories of fixed costs, the existing approach abandons any notion that suppliers should be able to earn just and reasonable rates, as required in the Federal Power Act. Monitoring should balance a broader set of concerns and intervene in markets only when the benefits of intervention outweigh the costs.

Original languageEnglish (US)
Pages (from-to)10-18
Number of pages9
JournalElectricity Journal
Volume15
Issue number6
DOIs
StatePublished - Jul 2002
Externally publishedYes

All Science Journal Classification (ASJC) codes

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

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