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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: webmaster@cera.com@ENRON X-To: nsights@cera.com X-cc: X-bcc: X-Folder: \Vince_Kaminski_Jun2001_10\Deleted Items X-Origin: Kaminski-V X-FileName: vkamins.pst Title: NETA: The New Quest for Flexibility URL(s): http://www20.cera.com/eprofile?u=35&;m=2478 *********************************************************************** ENGLAND AND WALES: NEW ELECTRICITY TRADING ARRANGEMENTS HAVE STEEP LEARNING CURVE On March 27, 2001, England and Wales New Electricity Trading Arrangements went live along with a new balancing mechanism, which rewards flexible generation and penalizes unpredictable load. This means: * margins at risk for suppliers and renewable generators * renewed interest for gas to power arbitrage yet limited due to contractual and operational constraints * enhanced value for flexible interconnectors and pumped storage units **end** Follow URL for complete Insight. E-mail Category: Insight CERA Knowledge Area(s): European Power CERA's Spring 2001 Roundtable event dates and agendas are now available at http://www20.cera.com/event *********************************************************************** To make changes to your cera.com profile go to: http://www20.cera.com/client/updateaccount Forgot your username and password? Go to: http://www20.cera.com/client/forgot This electronic message and attachments, if any, contain information from Cambridge Energy Research Associates, Inc. (CERA) which is confidential and may be privileged. Unauthorized disclosure, copying, distribution or use of the contents of this message or any attachments, in whole or in part, is strictly prohibited. Terms of Use: http://www20.cera.com/tos Questions/Comments: webmaster@cera.com Copyright 2001. Cambridge Energy Research Associates
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