tag:blogger.com,1999:blog-12912503.post116778980952573311..comments2023-10-25T05:35:06.941-04:00Comments on Grupo Millennium Hispaniola: EWPC: People Coordinating and Cooperating with Electrons Part 5José Antonio Vanderhorst-Silveriohttp://www.blogger.com/profile/10513152976382997401noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-12912503.post-53505685492518735332007-09-21T19:21:00.000-04:002007-09-21T19:21:00.000-04:00Mr. Duckworth's objection has been met, and was me...Mr. Duckworth's objection has been met, and was met when he made it. The market mechanisms in place in the LMP (most de-regulated) regions in the US already do, and already did, guarantee delivery of power regardless of price. As for his point regarding mandatory reserve margins, that hasn't changed in principle in decades. It remains 15%. The details are evolving of course as the markets evolve. Mr. Duckworth's point about ensuring adequate reserve margins is belied by the fact that most of the United States is drowning in excess capacity at this time, primarily as a consequence of de-regulation. <BR/><BR/>James Carson, JBCarson@RisQuant.comAnonymoushttps://www.blogger.com/profile/10410072653846862876noreply@blogger.com