Bullish on weather: new financial tools can help protect utility revenues from weather-related risk
Article Abstract:
Weather risk management are new financial tools to protect electric utilities from the adverse, unexpected impact of weather extremes on the bottom lines. These financial tools insulate revenues, making electric utilities enjoy more stable and predictable earnings even during warm winters and cool summers. Heating and cooling degree days usually have a direct effect on the utility company's planning and revenues since cold summers and warm winter may decrease sales for space cooling, make capacity sluggish, and increase average cost of power production.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 1998
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The critical link
Article Abstract:
Information technology plays a crucial role in determining the long-term success of energy companies, particularly utilities which are eyeing to expand through acquisitions and mergers. Adopting an efficient IT strategy would not only expedite information processes but would also yield substantial management decisions and create new organizational structures. However, employing an efficient IT strategy requires team work and incisive decision-making.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 1998
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B2B exchanges
Article Abstract:
Issues are presented of the growing value of business-to-business electronic commerce. The $30-billion of electronic business completed by power companies in 2000 is expected to rise to $266-billion by 2004.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 2000
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