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Deregulated electricity markets in the U.S. currently minimize total bid costs to select bids and their generation levels but determine payments based on market clearing prices. The inconsistency between auction and settlement mechanisms can lead to a significantly higher consumer payment. This gives rise to the “payment cost minimization,” an alternative auction mechanism that minimizes consumer...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.