Title :
How to develop a world class electrical utility for the free markets of electrical energy?
Author :
Aaltonen, Jussi E. ; Takala, Josu A.
Author_Institution :
Production Economics, Vaasa Univ., Finland
Abstract :
The electricity distribution in Finland is going to the new stage where the electrical energy market will be gradually free for competition. The purpose of this study is to analyse the concept of the world class utility. A feasibility study was made to research the condition in logistics and suitable methods for the implementation. Some ideas have been piloted to verify and find acceptable approaches of the implementation to practice. Utilities improved the cost efficiency and strategical business logistics in a customer oriented and flexible way. The methods and findings can be used on other public and industrial areas, too
Keywords :
electricity supply industry; Finland; competitive energy market; cost efficiency improvement; electrical energy; electrical energy market; electricity distribution; strategical business logistics; world class electrical utility; Consumer electronics; Costs; Electricity supply industry; History; Industrial economics; Investments; Logistics; Monopoly; Personnel; Warehousing;
Conference_Titel :
Energy Management and Power Delivery, 1995. Proceedings of EMPD '95., 1995 International Conference on
Print_ISBN :
0-7803-2981-3
DOI :
10.1109/EMPD.1995.500782