| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 706945 | The Electricity Journal | 2009 | 7 Pages |
Abstract
A study of the responses of share prices of major bidders in the PJM auctions from the mid-1990s through 2006 finds statistically significant effects for some FERC decisions for a portfolio of bidders. In contrast to publicly stated policy objectives, the analysis shows that some FERC decisions significantly raised market expectations regarding the future profitability of bidders.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Lon L. Peters,