We performed differential transmission spectroscopy and time resolved
pump probe measurements on biased InGaAs/InGaAsP multiple quantum well
structures. At low carrier excitation levels we observe a shift in th
e energy of the excitonic absorption resonance caused by the photogene
rated carriers screening the applied electric field within the quantum
wells. Increasing the pump power the exciton transmission energy blue
shifts until it reaches the zero internal field energy position. For
our pump-probe measurements field screening dominates at pump powers l
ower than 50 W/cm2 while at higher powers exciton saturation becomes d
ominant. We deduce a saturation intensity of 250 W/cm2.