A broad coalition of Minnesota electric cooperatives, municipal utilities, consumer advocates, and environmentalists has joined the debate over the restructuring of the state's electric industry...
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.
Articles found on this page are available to Internet subscribers only. For more information about obtaining a username and password, please call our Customer Service Department at 1-800-368-5001.