An examination of key issues in electric utilities restructuring. It covers: electric utility markets in and out of the USA; the Open Access Same-time Information System; tagging transactions; trading energy; hedging tools for managing risks in various markets; pricing volatility, risk and forecasting; regional transmission organization; and more. The text contains acronyms, a contract specifications sample, examples, and nearly 500 bibliographic citations, tables, and drawings.
Overview of key issues in electric utilities restructuring; electric utility markets in the United States; OASIS - Open Access Same-time Information System; tagging electricity transactions; electric energy trading; hedging tolls for managing risks in electricity markets; electricity pricing; RTO - Regional Transmission Organization; electric utility markets outside the United States. Appendices: acronyms; a sample of electricity contract specifications.