EPRI Unit Commitment and Short-Term Scheduling Program

The current economic crisis has given "deregulation" a bad score and the government is now working hard to "regulate." The banking industry is being partially nationalized to avoid the suspected collapse of our financial system. Amazingly, this is happening just over 10 years after major parts of the US introduced deregulation and restructuring in electricity markets on a large scale. This experience in the power industry had major ups, downs and setbacks, but thanks to cool heads and the availability of good options the clock was not rolled back to the full regulation days.