haku: @indexterm ELECTRICITY SUPPLY INDUSTRY / yhteensä: 290
viite: 88 / 290
| Tekijä: | Bolle, F. |
| Otsikko: | On the economics of PURPA auctions. |
| Lehti: | Energy Economics
1991 : APR, VOL. 13:2, p. 74-80 |
| Asiasana: | ELECTRICITY SUPPLY INDUSTRY BIDDING |
| Kieli: | eng |
| Tiivistelmä: | During the first 10 years after passing of the Public Utility Regulatory Act /PURPA/ of 1978, the main consequence was that utilities had to offer standard contracts to cogenerators and small producers of electricity using regenerative sources of energy. In PURPA auctions the potential producers of electricity bid for a long term contract. These actions theoretically lead to efficient contracts between utilities and producers. In contrast to normal auctions, bidders compete with revenue functions and with non-price attributes. The difficulties in the evaluation of bids are tremendous which results from the long duration of the contracts and the necessity to evaluate risks and non-price attributes. |
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