Commentary
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Nov 20, 2003 |
The result of the recent massive power outage in the United States and Canada was more than just a loss of electricity. There is also a tremendous loss of confidence in the grid. Customers and regulators are asking questions such as: Could it happen again? If so, where and how severe could it be? -
Nov 19, 2003 |
Whether it is described as reducing costs or improving yields, as optimizing production or improving customer satisfaction, the overriding priority for any business unit manager or senior facility manager can always be defined in terms of managing or assessing exposure to risk. -
Nov 19, 2003 |
Successful organizations realize that one of the keys to creating, maintaining and extending competitive advantage in their respective industry sectors is to get their products and services to market faster, better and cheaper. -
Nov 18, 2003 |
Deregulation and increased competition have forced energy companies to create new trading and risk management capabilities to trade (mainly) power and gas. A key investment for these companies has been in energy trading and risk management (ETRM) systems to support the required capabilities. -
Nov 14, 2003 |
Many energy companies are forming internal groups whose responsibility is to avoid Enron-type meltdowns. These groups are tasked with one of the most important, and perhaps the most stressful positions in the company - guard the company against the risks that assault it on a daily basis. -
Nov 11, 2003 |
The current deficiency of FERC's Standard Market Design (SMD) which does not provide financial incentive for building new transmission lines is addressed by the proposed Automatic Transmission Toll Collection (ATTC) System. -
Nov 07, 2003 |Mention energy bills at a Chamber of Commerce meeting, and you'll find a lot of discontent. Supply costs are increasing in most markets. And the flexibility and lower prices once promised by deregulation did not arrive.
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Nov 06, 2003 |
I have worked during two major Northeast blackouts (1965, 1978) and you can be sure I mean it when I say, "I am quite happy to have fully retired when this one hit". Each time they run their course and the analysis gets underway, the corporate officers always tell the troops the same thing; 'Let's make sure we fix it so that this never happens again'. -
Nov 04, 2003 |
While the investigation into the August 14 blackout continues, problems with reactive power are being looked into and given lots of attention -apparently for good reason. -
Oct 31, 2003 |
In a deregulated power market, the successful power companies not only have effective power system operation and maintenance organizations, but also reliable wire-line communication networks when fiber is not cost effective. Very reliable wire-line communications networks, require a properly isolated network to avoid the effects of Ground Potential Rise (GPR).
