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Natural-Gas Procurement: A Hard Look at Incentive Mechanisms

Better designs are needed to realize the goal of lower-cost gas.

Fortnightly Magazine - February 2006

Order Allowing Incentive Gas Supply Procurement Plan Award and Granting Extension of Plan, Iowa Utilities Board, Docket No. RPU-94-3, Nov. 29, 2004 (p. 3, “Through the IGSPP, MidAmerican customers have realized a savings, relative to the reference price, of $58.4 million …”).