Regardless of the form of restructuring, deregulated electricity industries share one common feature: the absence of any
significant, rapid demand-side response to the wholesale (or, spot market) price. For a variety of ...
Siddiqui, Afzal S.(University College Dublin. School of Business. Centre for Financial Markets, 2004-04-30)
The degree to which any deregulated market functions efficiently often depends on the ability of market agents to respond to fluctuating conditions. Many restructured electricity markets, however, have little demand response. ...
The deregulation of electricity industries has generally separated the provision of generation from its subsequent transmission. However, the physical nature of electricity generation and delivery creates special problems ...
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