| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 706767 | The Electricity Journal | 2016 | 15 Pages |
Abstract
Efficient electricity day-ahead market designs include virtual transactions. These are financial contracts awarded at day-ahead prices and settled at real-time prices. Under current PJM market rules, there is an asymmetry in the settlement treatment of different types of virtual transactions, but a recent recommendation by PJM to eliminate this asymmetry is problematical.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
William W. Hogan,