Many local, state and federal governments are under increasing pressure to reduce costs in order to
resolve debt crises related to the economic slowdown of the past couple years. Some government-
owned utilities, such as municipal utilities, interagencies and federal authorities, are located in power
markets that operate in a real time pricing environment where the market price of electricity is driven
by supply and demand at any particular time of day.
Those utilities are discovering that there are opportunities to reduce costs related to providing electric
power services to their members or communities. While there are good opportunities to reduce costs
by taking advantage of subsidies to install solar, wind, and other renewable resources, those resources
cannot generally… continue reading