Capacity rationing and fixed cost collection

Research output: Contribution to journalArticlespeer-review

Abstract

This paper proposes a simple load management program with a two part tariff to ration an electric utility's installed capacity and to collect its fixed costs under asymmetric information and demand uncertainty. Because of its simplicity, the program is a practical alternative to spot pricing and rationing schemes with highly nonlinear rate structures. Copyright © 1991 International Association for Energy Economics.
Original languageEnglish
Pages (from-to)153-164
JournalThe Energy Journal
Volume12
Issue number2
Publication statusPublished - 1991

Citation

Woo, C.-K. (1991). Capacity rationing and fixed cost collection. The Energy Journal, 12(2), 153-164.

Fingerprint

Dive into the research topics of 'Capacity rationing and fixed cost collection'. Together they form a unique fingerprint.