Purchased power is not a riskless strategy

✍ Scribed by David A. Foltz; J. Robert Malko; Gregory J. Pumilia; Thomas J. Purvenas

• Book ID: 103995213
• Publisher: Elsevier Science
• Year: 1994
• Tongue: English
• Weight: 544 KB
• Volume: 7
• Category: Article
• ISSN: 1040-6190
• DOI: 10.1016/1040-6190(94)90042-6

✦ Synopsis

Purchased Power Is Not a Riskless Strategy

Purchased power may allow utilities to delay or eliminate plant construction, but our review of credit agencies and impacts on bond yields indicates added risk to the utility that enters into purchased power commitments.