• DocumentCode
    376319
  • Title

    Modeling risks associated with full requirements service

  • Author

    Camporeale, Robert J.

  • Volume
    1
  • fYear
    2001
  • fDate
    15-19 July 2001
  • Abstract
    Summary form only given. Full requirements service entails a commitment to supply all of a wholesale customer´s energy requirements. This includes supplying a varying amount of energy in each hour, covering the installed capacity (ICAP) requirement and other ancillary services. This is one of the most complex structured transactions that an energy service company (ESCO) can enter into. This paper discusses the key sources of risk and how to capture them in product modeling.
  • Keywords
    electricity supply industry; power system economics; risk management; tariffs; ancillary services; electric power industry; energy service company; full requirements service; installed capacity requirement; product modeling; risk modelling; Costs; Energy management; Pricing; Uncertainty;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power Engineering Society Summer Meeting, 2001
  • Conference_Location
    Vancouver, BC, Canada
  • Print_ISBN
    0-7803-7173-9
  • Type

    conf

  • DOI
    10.1109/PESS.2001.970116
  • Filename
    970116