期刊名称:IAEE Energy Forum (formerly: IAEE Newsletter)
印刷版ISSN:1093-4243
电子版ISSN:1944-3188
出版年度:2004
卷号:1
页码:4-4
出版社:International Association for Energy Economics
摘要:With retail electricity competition starting out slowly in
those states where the ability to choose a supplier has been
introduced, there has been limited visibility into the challenges
facing companies that compete to supply electricity
supplies at retail. Due to the proliferation of administratively
determined retail rates that resulted from most states’ electricity
industry restructuring laws, large numbers of retail
electricity consumers have enjoyed stable, low rates during
the transition process that has been ongoing in many states
over the past several years. The combination of the end of
these transition periods and a significant excess supply of
new generation units is starting to spur more competitive
solicitations to supply these retail loads. At the same time,
state regulatory commissions are beginning to grapple with
how to ensure that those consumers who are not receiving
competitive supply offers will realize stable, competitive
rates in the future. With these changes now beginning to
take hold, an increased focus on bridging the wholesale and
retail electricity markets will emerge. The ability of entities
to carefully manage load and price volatility will increase as
companies test the limits of the wholesale markets to provide
the types of flexible products needed to manage retail loads.
These increased experiences will help to define procurement
approaches that will stand the test of time and offer parties on
both sides of a contract the type of protection they need. At
the same time, consumer demands will begin to be registered
more accurately in the forward and spot markets as wholesale
purchases and sales become more active.