Article ID Journal Published Year Pages File Type
706102 The Electricity Journal 2013 12 Pages PDF
Abstract

In order to ensure resource adequacy, the Public Utility Commission of Texas raised the energy price cap from $3,000 per MWh to $4,500 starting Aug. 1, 2012, and decided to gradually increase it to $9,000 by 2015. An economic dispatch model is used to evaluate the impacts of the price cap increase.

Related Topics
Physical Sciences and Engineering Energy Energy Engineering and Power Technology
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