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  • 标题:Wholesale Electricity Procurement Strategies for Serving Retail Demand
  • 本地全文:下载
  • 作者:Joseph Cavicchi
  • 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.
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