Out of the zone: nodal pricing takes hold

Congestion-constrained US electricity markets are likely to find relief with the arrival of a new pricing regime, reports Catherine Lacoursière

A long-standing debate over the appropriate pricing regime for the California electricity markets appears to be resolved. In the July release of its Standard Market Design and Structure (SMD) Notice, the Federal Energy Regulatory Commission (Ferc) mandated that all US electricity regions adopt a nodal – as opposed to zonal – pricing model by 2004. Although much of the market design proposal is still being deliberated during the current comment period, nodal pricing seems to be a fait

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here