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NEW PAPER FROM THE UNIVERSITY OF CALIFORNIA ENERGY INSTITUTE'S PROGRAM ON WORKABLE ENERGY REGULATION (POWER) _________________________________________________________________ "Frequently Asked Questions About Implementing Real-Time Electricity Pricing in California for Summer 2001" This paper attempts to address the questions that have arisen in policy discussions and press reports about proposals to implement real-time electricity pricing for large commercial and industrial customers for the coming summer. The paper explains the distinction between real-time and time-of-use pricing, contrasts real-time pricing with paying customers for demand reduction, and clarifies who would be the winners and losers under a real-time pricing program. It also explains why real-time pricing is likely to be the most effective approach to reducing the risk of rolling blackouts this summer and lowering the total payments that the state will have to make to purchase electricity for consumers. Download this paper in Adobe Acrobat format: http://www.ucei.org/PDF/faq.pdf ________________________________________ If you would like to be removed from this list, please send an email to Mailto:pwpens@socrates.berkeley.eduand include UNSUBSCRIBE in the subject heading. If you received this email indirectly and would like to be added to this emailing list, please send an email to Mailto:pwpens@socrates.berkeley.edu and include SUBSCRIBE in the subject heading.
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