Transmission by de$ign
Article Abstract:
Transmission considerations are rarely given their deserved attention duringdiscussions on how competition could be introduced in electricity markets. It must be noted that the rules that govern trading arrangements between generators and wholesalers bear on the ability of transmission to provide an efficient market. Although the creation of regional transmission organizations (RTOs) would facilitate the coordination of all power stations within a region, appropriate incentives must still accrue to the provider of transmission services. Performance-based incentives would not only foster innovation, they would also help maintain costs at a manageable level.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 1999
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Focusing on futures & options
Article Abstract:
The deregulation of electric utility markets will give rise to energy futures and derivatives. Executives of electric utilities can use futures contracts and derivatives as a hedge against exposure to volatile price fluctuations. To do so, executives need only a basic knowledge of the simple financial models on which futures and derivatives are based. Used in various combinations, futures and derivatives may be used in various risk-management strategies.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 1995
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Power mix
Article Abstract:
Electric utilities have to choose between purchasing power and dispatching their own generation to achieve the lowest cost. Various utility departments such as bulk power, procurement, generation, sales and dispatch functions can no longer afford to make compartmentalized decisions. The trend for utilities is to consolidate and integrate these functions to facilitate open communication and to control costs.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 1996
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