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by jplr8922
1509 days ago
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Principles of congestion pricing were applied rather successfully in electricity markets. Having public congestion prices for electricity makes it easier for investor to understand what needs funding ; do we need more power plants, or more electric lines? I whish these principles could be applied elsewhere, since ''congestion pricing'' often reflect the need for better systemic public infrastructure (aka a network or a market maintenance cost), while ''regular prices'' are often tied to private business (aka a node, or an entrepreneur). |
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