Electric Industry Restructuring Analysis at Oak Ridge National Laboratory's Buildings Technology Center
Other links of interest:
Restructuring is having a profound impact on the electric power industry. Electricity is the ultimate "real-time" product, with its production, transportation, and consumption occurring within a fraction of a second. Because electricity moves at nearly the speed of light and cannot be readily stored, bulk-power systems must maintain a continuous and near-instantaneous balance between production and consumption. Any restructuring of the industry must respect the unchanging physical laws that constrain power system operations.
Perhaps ORNL's biggest asset is its understanding of the technical, economic, and commercial concerns with restructuring from the generator's, system operator's, transmission owner's, vertically integrated utilities, public power entities, regulator's, power marketer's, and load's perspective. It is important to get the engineering and the economics correct as they strongly interact. We have worked with organizations from each of these backgrounds, helping them to understand the requirements of other market segments while maximizing their own profits. With no vested market position we are able to help all segments of the industry.
ORNL has had an active interest in restructuring since 1994 and an interest in real-time electricity markets since 1985.
Let us know how we can help you prosper in a restructured electric power environment.
Brendan J. Kirby
Oak Ridge National Laboratory
P. O. Box 2008, MS 6070
Oak Ridge, TN 37831-6070
Voice (865) 576-1768; Fax (865) 574-5227
E-mail kirbybj@ornl.gov
This page last modified June 6, 2001 by Joan E. Carrington