Woo, C.K.; Lloyd, D.; Borden, M.; Warrington, R.; … - In: Energy 29 (2004) 1, pp. 1-11
Securing forward contracts to manage procurement-cost risk is an intuitively appealing and economically reasonable strategy for a load-serving local distribution company (LDC) in today’s volatile electricity marketplace. However, knowing what to buy does not guarantee least-cost...