Title :
Risk management issues for distributed generation
Author :
McClay, C. ; Litchev, P.
Author_Institution :
Edison Mission Energy, UK
Abstract :
This paper discusses the risk management issues for distributed generation in two different electricity markets. The first of these is the NETA market in England and Wales, which has introduced significant new risks for distributed generation. This is contrasted with the situation in the Midwest where distributed generation has been successfully used by utilities to reduce exposure to electricity price spikes in the short-term markets.
Keywords :
electricity supply industry; power distribution economics; power generation economics; risk management; tariffs; UK; USA; distributed power generation; electric power industry; electric utilities; electricity markets; electricity price spikes; risk management issues; short-term markets; Contracts; Costs; Distributed control; Distributed power generation; Electricity supply industry; Energy management; Power generation; Real time systems; Risk management; Turbines;
Conference_Titel :
Power Engineering Society Winter Meeting, 2002. IEEE
Print_ISBN :
0-7803-7322-7
DOI :
10.1109/PESW.2002.984970
