About 30 states have begun (em
either through the legislature, the utility commission, informal working groups, or some combination of these (em to consider issues such as retail wheeling,...
admits. "But you can give an instantaneous report of on current conditions. Where am I now relative to my peak? What are my ratings on all my plants? What could they ramp up to?"
And that's where futures take hold. Says Lander, "You deal with in money what you don't know in operational certainty.
What was once the preserve of technical expertise, now becomes open to businessmen." But for those in the utility business, says Lander, "It can come as a shock that someone might settle the physical problem in money."
A Shock to the System"You can deal with in money what you don't know in operational certainty. For many, that comes as a shock.
-Greg Lander, Chairman and president, National Registry of Capacity Rights.
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