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Abstract

The modeling to this point has been based on the old-world paradigm of treating consumption as stochastic and inelastic and having an administered view of the value of lost load (VOLL).

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© 2015 Chris Harris

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Harris, C. (2015). The Power Complex. In: Peak Load and Capacity Pricing. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137370921_7

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