3 tips on preserving market benefits

摘要

Electricity markets, like all markets. rely on price signals to participants. The benefits of electricity markets may not survive the distortion of these price signals by price controls and other intervention. Price controls and market intervention must be limited and well-defined in order to ensure that the benefits of markets are available. PA Consulting believes that the following guidelines, for governments and regulators, will help preserve real price signals and the market benefits that arise from participant response to these price signals.