Reading & Discussion due October 30, 2012
Banks Reading, Chapter 7
1. Give an approximately 3-minute summary of this reading.
This reading gives us an overview of electricity as it relates to economic principles.
In electricity economics, it is essentia
October 16, 2012
Hunt Chapter 8 (pg. 174 to end)
1. Summarize this chapter.
This chapter described many of the details involved with the integrated trading model (model in which short-run
market and system operations are integrated). Essentially, the auth
ECON-4960, Sept 11, 2012
Hunt Chapter 3
1. What have been the problems of the single buyer model (model 2), what (if anything) can be done to
address them, and if those things were done would the model still have any disadvantages compared to
models 3 and
Sept 4, 2012
Questions - Hunt Chapter 2
1. What are the reasons to possibly not implement retail access?
Due to the laws of physics, it is impossible to direct specific electricity to a specific customer.
The electricity will flow over the path