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ELP Volume 79 Issue 2
RedMeteor.com, a global Internet-based, open commodities exchange, has been selected to provide a modified energy exchange platform and hosting services to Energy Trade System (ETS), a venture uniting a group of energy players in the former Soviet Union. The platform will allow ETS to launch trading platforms for refined products exported through the Baltic Sea ports.
As competition slowly develops around the country for electricity and gas at both the consumer and commercial levels, only a few states have had to deal with the issue of slamming-the unauthorized switching of a customer's service. But, we fully expect this issue to grow as competition increases and customers get more comfortable with switching their energy suppliers.
When you need to procure a part, why wouldn't you go look at what you have in store before you search elsewhere? As simple as that sounds, a surprising number of energy companies-and others-do no such thing, despite a variety of installed systems intended to help.
The California electricity market is taking on the character of a three-ring circus. Except, as the old joke goes, it's not as organized.