Abstract
This Energy Insights report examines the current business and regulatory
conditions shaping power generation. Power companies are taking a new approach
to generation. Successful companies are operating generation as a fleet. In
this document we analyze current business conditions shaping the market and the
business drivers for operating generation. We also review advances in
technology that will strengthen energy markets. Finally, we conclude with
essential guidance to generation companies on where to focus their attention
when examining their business and supporting technology, and to vendors on
where to target product development and marketing strategies.
"Operating generation as a fleet is becoming the industry standard," according
to Jill Feblowitz, program director, Energy Wholesale Strategies. "When it
comes to determining the best maintenance strategy, diagnosing equipment
failure, and increasing fuel efficiency, there are important lessons to be
learned by studying data from units in the fleet. But the fleet strategy does
not end there. There is substantial opportunity in knowing how to bid merchant
units into the market."
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