The inevitable commoditization of electric power markets
Journal Article
·
· Fortnightly
OSTI ID:88672
As competition grows between electric suppliers it is inevitable that a spot market in electricity will evolve. The impetus is the market demand for greater asset productivity. With prices revealed, a commodity market will follow. With spot and commodity markets will come the power to reallocate risk and make capital investment more productive. Given price volatility, separate markets will develop for near- and long-term hedging instruments.
- OSTI ID:
- 88672
- Journal Information:
- Fortnightly, Vol. 132, Issue 20; Other Information: PBD: 1 Nov 1994
- Country of Publication:
- United States
- Language:
- English
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