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- W2476835512 abstract "Texas electricity market, considered the most robust competitive retail market in North America, has successfully addressed challenges and introduced refinements in recent years to improve operational efficiency and transparency. This chapter examines wholesale and retail markets, the transition to nodal pricing, steps taken to eliminate default retail prices, transmission expansion rules to accommodate an increasing amount of renewable resources, policies to address market power, the introduction of advanced metering infrastructure, and efforts to integrate price-responsive loads in dispatching. Despite the successful implementation of these refinements, a number of challenges remain, most notably resource adequacy and reliability. These require effective scarcity pricing and a serious commitment to demand side resources and price-responsive loads." @default.
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- W2476835512 date "2013-01-01" @default.
- W2476835512 modified "2023-09-27" @default.
- W2476835512 title "Texas Electricity Market" @default.
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- W2476835512 doi "https://doi.org/10.1016/b978-0-12-397891-2.00010-9" @default.
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