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Billing and Settlement: Meeting the Challenges of a Wholesale Electricity Market
Affiliation:1. Department of Construction Management, Louisiana State University, Baton Rouge, LA, USA;2. novaCITYNETS Pte Ltd, Singapore;3. College of Design, Georgia Institute of Technology, Atlanta, GA, USA
Abstract:The new wholesale model requires unbundling of services including energy, capacity, scheduling, coordination, ancillary services, and transmission reservations. Each of these unbundled services adds complexity and also requires much more robust meter reading and billing capabilities. The more market players involved, the more complex the challenge.
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