Generator Outages in a Competitive Wholesale Electric Market

Synapse investigated power plant outage rates in the New England Power Pool before and after the introduction of competition to the wholesale market.  Synapse's analysis found that generator outage rates increased by roughly 50 percent during the first twelve months after the opening of the new competitive wholesale market.  This may be one of the reasons why wholesale electricity prices increased dramatically during the same period.  Project completed in 2001.