Dodging capacity payments might become an art form among load-serving entities and large electric consumers, as evidenced by Duquesne’s plan to exit PJM, as well as alternative market-designs...
Revisiting the Keystone State
Rate caps have squelched competition in Pennsylvania.
27, 2008, available at www.ercot.com. In addition, a recent academic study concluded that the costs of solar photovoltaic panels outweighed the economic and environmental benefits of this technology. Severin Borenstein, The Market Value and Cost of Solar Photovoltaic Electricity Production , University of California Energy Institute, January 2008, available at www.ucei.org.