November 1998

Trends and Resources

HP Impact: HPImpact: New electricity market: benefits to refiners

Oil and gas producers have an important stake in electric industry restructuring. As consumers, oil producers must seize the initiative to control their electricity costs. This will entail both unders..

Weirauch, Wendy, Hydrocarbon Processing Staff

Oil and gas producers have an important stake in electric industry restructuring. As consumers, oil producers must seize the initiative to control their electricity costs. This will entail both understanding and optimizing electrical consumption, and weighing into the restructuring debate to ensure that the terms of electricity purchase and sale in the new markets are equitable. To assist, IPAA has prepared a handbook that describes the changes occurring in the electricity marketplace and provides valuable tips on how producers and cooperating associations can take advantage of the emerging market dynamics. The message is clear. The passive relationship between electricity consumers

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