Abstract:
Restructured energy markets can be understood as falling on a continuum between the extremes of balanced schedule and award-based markets depending on what is required of...Show MoreMetadata
Abstract:
Restructured energy markets can be understood as falling on a continuum between the extremes of balanced schedule and award-based markets depending on what is required of the market participant (MP). This paper focuses on the IT needs of MPs doing business in competitive markets, regardless of specific market rules. We examine three main areas of functionality: market communications, operations data management, and settlements. The paper suggests the importance of automation and sharing of information between groups within the MP organization, and concludes with a brief discussion of some additional IT capabilities MPs should consider.
Published in: IEEE Transactions on Power Systems ( Volume: 18, Issue: 2, May 2003)
ABB, Inc., Raleigh, NC, USA
Dave Felzien received the B.S. degree in electrical engineering from the University of Alberta, Edmonton.
Currently, he is the Project Leader in the development and delivery of Electricity Operations, Bidding and Trading Systems at ABB, Raleigh, NC, where he has been since 1996. While at Alberta Power Ltd., he participated in defining and implementing the restructuring of the Alberta Electric Industry, North America's firs...Show More
Dave Felzien received the B.S. degree in electrical engineering from the University of Alberta, Edmonton.
Currently, he is the Project Leader in the development and delivery of Electricity Operations, Bidding and Trading Systems at ABB, Raleigh, NC, where he has been since 1996. While at Alberta Power Ltd., he participated in defining and implementing the restructuring of the Alberta Electric Industry, North America's firs...View more
ABB, Inc., Raleigh, NC, USA
Bob Fesmire received the B.A. degree in marketing from the University of Massachusetts, Amherst.
Currently, he is a Marketing Manager in ABB's Power Technologies division, Santa Clara, CA. He writes periodically on IT issues in the retail, wholesale, and central market segments of the energy industry.
Bob Fesmire received the B.A. degree in marketing from the University of Massachusetts, Amherst.
Currently, he is a Marketing Manager in ABB's Power Technologies division, Santa Clara, CA. He writes periodically on IT issues in the retail, wholesale, and central market segments of the energy industry.View more
ABB, Inc., Raleigh, NC, USA
John Finney received the B.Sc. and Ph.D. degrees in electrical engineering from the Georgia Institute of Technology, Atlanta.
Currently, he is Director of Technology, addressing the modularization of ABB's information systems and analytical applications for maximal component reuse in applications for both market operations and market participation. He began his career at ABB, Raleigh, NC, in corporate research, where he sp...Show More
John Finney received the B.Sc. and Ph.D. degrees in electrical engineering from the Georgia Institute of Technology, Atlanta.
Currently, he is Director of Technology, addressing the modularization of ABB's information systems and analytical applications for maximal component reuse in applications for both market operations and market participation. He began his career at ABB, Raleigh, NC, in corporate research, where he sp...View more
Contents ABB, Inc., Raleigh, NC, USA
Dave Felzien received the B.S. degree in electrical engineering from the University of Alberta, Edmonton.
Currently, he is the Project Leader in the development and delivery of Electricity Operations, Bidding and Trading Systems at ABB, Raleigh, NC, where he has been since 1996. While at Alberta Power Ltd., he participated in defining and implementing the restructuring of the Alberta Electric Industry, North America's first nonregulated power pool.
Dave Felzien received the B.S. degree in electrical engineering from the University of Alberta, Edmonton.
Currently, he is the Project Leader in the development and delivery of Electricity Operations, Bidding and Trading Systems at ABB, Raleigh, NC, where he has been since 1996. While at Alberta Power Ltd., he participated in defining and implementing the restructuring of the Alberta Electric Industry, North America's first nonregulated power pool.View more
ABB, Inc., Raleigh, NC, USA
Bob Fesmire received the B.A. degree in marketing from the University of Massachusetts, Amherst.
Currently, he is a Marketing Manager in ABB's Power Technologies division, Santa Clara, CA. He writes periodically on IT issues in the retail, wholesale, and central market segments of the energy industry.
Bob Fesmire received the B.A. degree in marketing from the University of Massachusetts, Amherst.
Currently, he is a Marketing Manager in ABB's Power Technologies division, Santa Clara, CA. He writes periodically on IT issues in the retail, wholesale, and central market segments of the energy industry.View more
ABB, Inc., Raleigh, NC, USA
John Finney received the B.Sc. and Ph.D. degrees in electrical engineering from the Georgia Institute of Technology, Atlanta.
Currently, he is Director of Technology, addressing the modularization of ABB's information systems and analytical applications for maximal component reuse in applications for both market operations and market participation. He began his career at ABB, Raleigh, NC, in corporate research, where he specialized in economic simulation of transmission constrained markets. In 1998, he joined ABB Energy Information Systems, Raleigh, NC, as a product manager for wholesale analytics.
John Finney received the B.Sc. and Ph.D. degrees in electrical engineering from the Georgia Institute of Technology, Atlanta.
Currently, he is Director of Technology, addressing the modularization of ABB's information systems and analytical applications for maximal component reuse in applications for both market operations and market participation. He began his career at ABB, Raleigh, NC, in corporate research, where he specialized in economic simulation of transmission constrained markets. In 1998, he joined ABB Energy Information Systems, Raleigh, NC, as a product manager for wholesale analytics.View more
