Using Auctions to Divest Generation Assets
Abstract
In most states, ratepayers will compensate utilities for their stranded costs. As a result, these costs must be measured as accurately as possible, in a manner that is easily understood by all concerned parties. We describe the options for measuring stranded costs and argue that a simultaneous ascending auction is the best approach.
Suggested Citation
Peter Cramton, Lisa J. Cameron, and Robert Wilson. "Using Auctions to Divest Generation Assets" Electricity Journal 10.10 (1997): 22-31.
Available at: http://works.bepress.com/cramton/74
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