Integrating purchased power into the resource portfolio - an exercise in mitigating risks

Journal Article · · Electricity Journal; (United States)

DOI:https://doi.org/10.1016/1040-6190(93)90322-C· OSTI ID:5199943

Foster, K

With the breakdown of the traditional regulatory model, utilities are looking to the integrated resource plan to address such disparate issues as mitigating risk, profiting from competition, and achieving public and regulatory acceptance of the utility's role. Traditionally, electric utility regulation postulated that utilities that made prudent investments in plant that was used and useful would return the capital invested to their shareholders and bondholders and earn a fair return on that capital. Without going into a long history of the so-called [open quotes]regulatory compact,[close quotes] it is probably fair to say that electric utilities no longer view the risks of building new generating facilities as being represented by that traditional view.

• OSTI ID: 5199943
• Journal Information: Electricity Journal; (United States), Journal Name: Electricity Journal; (United States) Vol. 6:7; ISSN ELEJE4; ISSN 1040-6190
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290201* -- Energy Planning & Policy-- Economics-- (1992-)
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
COMPETITION
ELECTRIC UTILITIES
ENERGY SOURCES
PUBLIC UTILITIES
RISK ASSESSMENT