This book is about applying fundamental business concepts to move our electric power markets to a new paradigm. The hear of the new paradigm is the use or forward and spot transactions to guide investment and operating decisions.
The current paradigm is regulated cost-of-service and centralized resource optimization. This old paradigm will give way to the new model as the electric system evolves from centrally planned to a decentralized ecosystem. .
Our am by writing this book is to expedite Transactive Energy as the normal way of doing business -- globally. Transactive Energy is the keystone of an efficient, fair, and transparent electric power system.