From a fuel supplier to an active participant: Shell's view of the opportunities offered by a changing power market
In the last 10 years, the power generation market has seen radical changes. The coming years will see yet more change. Although the pace of change may be uneven across Europe, it is clear that the old reference points for the power generation market are no longer valid. Along with other market players, Shell has re-evaluated the role it wishes to play in the power generation market. Although it has long operated large generation capacity on its own sites, Shell's role has been that of a fuel supplier to monopoly power generation and distribution organizations, which were largely state controlled . Privatization and liberalization have been followed by changing market structures tending to push risk towards the producer. This evolution presents challenges for the normal IPP structure, where market risk is transferred and offers an opportunity for the active participation of the fuel supplier in meeting these challenges. In 1996, Shell decided to embrace the changes in power generation market. Already, significant steps have been taken in markets in Asia, Latin America and in Europe. The differing requirements of each of these markets means there are no standard solutions and requires Shell to devise flexible frameworks which meet the customer's needs. Shell is bringing its significant strengths to the power generation market and looks forward to participating on a world wide scale in the industry at this exciting phase in its development.
- Research Organization:
- Shell International Gas (GB)
- OSTI ID:
- 20018794
- Report Number(s):
- CONF-9806214-; TRN: US0001980
- Resource Relation:
- Conference: Power-Gen Europe'98, Milan (IT), 06/09/1998--06/11/1998; Other Information: 1 CD-ROM. Operating Systems: Windows 3.1, '95, '98 and NT; Macintosh; and UNIX; PBD: [1998]; Related Information: In: Power-gen Europe'98, [2400] pages.
- Country of Publication:
- United States
- Language:
- English
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