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    Details

    • Type: Improvement
    • Status: Closed
    • Priority: Major
    • Resolution: Fixed
    • Affects Version/s: wd17
    • Fix Version/s: wd18
    • Component/s: None
    • Labels:
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    • Proposal:
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      Maybe something like, "Wholesale energy markets have coordinated supply and demand; however, there is a significant disconnect between customer load and the value of energy. That is, the demand is not sensitive to supply constraints; the load is not elastic; the market fails to govern consumer behavior.

      Show
      Maybe something like, "Wholesale energy markets have coordinated supply and demand; however, there is a significant disconnect between customer load and the value of energy. That is, the demand is not sensitive to supply constraints; the load is not elastic; the market fails to govern consumer behavior.
    • Resolution:
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      Accepted new wording, will try to trim (A) and (B) after other edits done in WD18

      Show
      Accepted new wording, will try to trim (A) and (B) after other edits done in WD18

      Description

      Line 1071 "Energy markets have been characterized by poor coordination of supply and demand." Is this true? Someone from an ISO might take this as an attack. The markets work, and the grid is stable, so why say it so negatively? The problem is historical lack of elasticity in n load, with no communication of electricity value and thus no response from customers. The whole system was not set up to be market driven.

      1136, "The groundbreaking Olympic Peninsula Project disproved that assumption". There are other reports by the Brattle Group addressing price pilots.

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            • Assignee:
              william.cox William Cox (Inactive)
              Reporter:
              david.holmberg David Holmberg (Inactive)
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              • Created:
                Updated:
                Resolved: