The Continental Power Exchange
Information technology, coupled with an environment of deregulation, provides competitive opportunities in the Next-Hour marketplace. This emerging market will allow electric power buyers, sellers and transmission service providers to efficiently take advantage of all available information and to make better business decisions. The creation of a nationwide integrated computer and telecommunications network dramatically improves the efficiency achieved by existing approaches to arranging Next-Hour bulk power transactions. By using a cutting edge computer and telecommunications system, dispatchers can easily enter the Next-Hour marketplace to offer energy for exchange or to consumate opportunities offered by others. Computer systems can track transactions, issue invoices and settle accounts. These same computers can continually supply dispatchers with information regarding system reliability as well. The benefits are improved cost effectiveness and improved reliability.
- OSTI ID:
- 28907
- Report Number(s):
- CONF-9410227-; TRN: 95:000174-0006
- Resource Relation:
- Conference: 1. annual meeting of the Power Marketing Association (PMA): strategies for success in power marketing, Arlington, VA (United States), 13-14 Oct 1994; Other Information: PBD: 1994; Related Information: Is Part Of Strategies for success in power marketing; PB: 294 p.
- Country of Publication:
- United States
- Language:
- English
Similar Records
Clean air, clear market. Making emissions trading work: The role of a computer-assisted auction
Automating the next-hour energy market