Yes Mark, I have a comment, to support a business case of true retail competition.
The whole point about business design innovations, that retailers should develop, is that the metering function gets enlarged to something else that obviously includes metering. Fred C. Schweppe "Homeostatic Utility control" proposal (IEEE Transactions on Power Apparatus and Systems, Vol. PAS-99, No. 3 May/Jun 1980, page 1151), said: "Conventional metering is replaced by a Marketing Interface to Customer (MIC) which, in addition to measuring power usage..." (I mentioned the late Fred C. Schweppe, because he was misunderstood, intentionally or not, that has resulted in a failed deregulation.)
Contrary to practices elsewhere, that had the possibility of changing retailers for short term price differences, I believe that, for example, the business case for energy efficiency, and demand response, requires commitments of two or more years on the part of the customers. However, that is not a final saying, but just to show an extreme case to support that innovation doors should be wide open.
I suggest to look also to the active discussion on "2006: New Challenges and Opportunities in the Brazilian Electric Energy Arena," to complement this discussion, because it has gone beyond the international topic, and into what I believe is the End-State of the power business.
Energy Bill 2005 is not a Waste of Time Part 4
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