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Energy procurement in a deregulating United States ‐ Part 2: Key considerations and criteria in long‐term energy commitments

James Hagy (Jones, Day, Reavis & Pogue, 77 West Wacker Drive, Chicago, IL 60601‐1692, USA; Tel: +1 312 269 4152; Fax: +1 312 782 8585; e‐mail: jchagy@jonesday.com)
Chris Flynn (Jones, Day, Reavis & Pogue, 77 West Wacker Drive, Chicago, IL 60601‐1692, USA; Tel: +1 312 269 4152; Fax: +1 312 782 8585)

Journal of Corporate Real Estate

ISSN: 1463-001X

Article publication date: 31 December 2001

696

Abstract

The advent of retail deregulation (liberalisation) in the United States electricity markets provides the major energy users, for the first time, significant choice in energy procurement. With choice comes responsibility for sorting the wide range of potential services, associated risks and variables in price. As deregulation has progressed, the emerging market has not yet reached maturity for retail customers, resulting in significant price volatility and imbalances in supply in some regions. This paper, presented in the Journal in two parts, of which this is the second, explains the fundamentals of energy choice for commercial and industrial energy users and the criteria to be considered in making long‐term energy commitments.

Keywords

Citation

Hagy, J. and Flynn, C. (2001), "Energy procurement in a deregulating United States ‐ Part 2: Key considerations and criteria in long‐term energy commitments", Journal of Corporate Real Estate, Vol. 4 No. 1, pp. 7-24. https://doi.org/10.1108/14630010210811769

Publisher

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MCB UP Ltd

Copyright © 2001, MCB UP Limited

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