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NLPES Panel on Research Methods


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Table of Contents

NLPES Panel on Research Methods

Steven Hendrickson

Introduction

Topics of Discussion

Background

Background (cont.)

The Power Exchange

The Power Exchange

The Independent System Operator

The Independent System Operator (cont.)

Electricity Prices Spiked During the Summer 2000

Electricity Prices Spiked During the Summer 2000

Audit Scope

Audit Results

We Got Help From Consultants

California Relied Too Much on the Spot Market

California Relied Too Much on the Spot Market

California Relied Too Much on the Spot Market

Multiple Markets

Multiple Markets and Higher Prices

Multiple Markets and Higher Prices (cont.)

Underscheduling by Both Buyers and Sellers

Underscheduling by Both Buyers and Sellers (cont.)

Underscheduling by Both Buyers and Sellers (cont.)

Underscheduling by Both Buyers and Sellers (cont.)

ISO Was Not Equipped To Handle The Volume

ISO Was Not Equipped To Handle The Volume (cont.)

Key Methodologies

Key Methodologies (cont.)

Key Methodologies (cont.)

Author: Steve Hendrickson

NLPES Contact: bob.boerner@ncsl.org

NLPES Home Page: http://www.ncsl.org/programs/nlpes/

Other information:
NLPES Fall Training Conference
September 5-8, 2001
Marriott Country Club Plaza
Kansas City

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