Power Systems Restructuring and Deregulation: Trading, Performance and Information technology - ISBN:047149500X

Power Systems Restructuring and Deregulation: Trading, Performance and Information technology

Date: 15 April 2011, 05:18

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The electricity power utilities in many countries have been, or are being, restructured. There are many reasons for restructur~ng,I n some countries restruc~uringh as been driven by the desire of gove~mentto meet ~ncreasingd emands for electricity by encouraging independent power production, which relieves government of a financial obligat~on. In countries where ownership of assets is in private hands, restructuring has been driven by mergers and ac~Liisi~ioans~ c,o mpanies seek to gain competiti~ea dvantage. In the most a ~ v a n cco~un tries, restruciuring is being driven by the desire to allow consu~er sto choose their electricity supplier on the basis of price and service provided~ These drarna~~chca nges in the organisation of electricity power utilities bring with them new challenges and opportunities, as the previous centrally designed and operated systems are dismantleda nd replace by a new competitive framework.

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