Standard Market Design

Conference: Metering, Billing, CRM/CIS Americas 2003
Location: Chicago, Illinois
Presenter: Nick Fulford
Abstract: In this paper Fulford offers an overview of the wholesale electricity market whilst advocating SMD in determining optimum conditions for efficient business practice. In particular he focusses on operating costs, seamless operation, supply and demand, wholesale power markets, adoption of Standard Market Design (SMD) and its adaptation to the competitive retail markets.