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Resource Procurement: A Case Study of US Electric Utilities

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Risk and the Political Economy of Resource Development
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Abstract

In the USA, electric utilities and their fuel suppliers-notably those providing coal and uranium — have developed a wide range of arrangements to facilitate the flow of fuel to power-plants. The turbulent operation of fuel markets has provided severe tests of these arrangements. Predictably, the outcomes also have varied considerably. A central goal of the arrangements was to lessen the market risks associated with large-scale ventures to produce the fuels involved. This chapter seeks to review and analyse these electric-utility arrangements to show the implications for planning large-scale ventures.

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© 1984 David W. Pearce, Horst Siebert and Ingo Walter

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Gordon, R.L. (1984). Resource Procurement: A Case Study of US Electric Utilities. In: Pearce, D.W., Siebert, H., Walter, I. (eds) Risk and the Political Economy of Resource Development. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06980-4_20

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