Curtailment


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Curtailment

The act or process of reducing a company's operations in order to bring stability to the company. Curtailment usually occurs when the company has been experiencing unsustainable growth that it is unable to manage effectively. Tactics of curtailment include spinning off subsidiaries, laying off staff, and generally focusing the company's operations on the best products that it is able to create effectively. Curtailment is intended to improve efficiency and increase profits.
References in periodicals archive ?
For both firm and interruptible customers, curtailment periods can upset a company's operations and ultimately the bottom line.
With this real-time information, curtailment requirements are calculated by using a predictive model that accounts for volatility in usage within each interval of energy usage.
As a production curtailment was announced, the number of affected working days was noted.
Guidance should also be given concerning what constitutes a significant curtailment in coverage or a significant change in costs.
The 90,000 metric ton curtailment in the Spanish smelters has started and is scheduled to be complete by the first half of this year.
This curtailment is not expected to impact existing customer orders.
The CSP must understand the PJM curtailment and demand response programs, the PJM Reliability
Depending on demand, curtailments could occur this month, said PG&E spokeswoman Staci Homrig.
In "staying' its judgment for 60 days, the Supreme Court gave Congress time either to authorize the already enacted March 1 curtailments, or to remove the unconstitutional provision from the law.
The Company expects to fully impair its 49% equity investment in Anglesey in its 2008 fourth quarter results, taking into account Anglesey's inability to obtain affordable power, the resulting expected curtailment of smelting operations and the growing uncertainty with respect to the future of Anglesey's operations.
Market forecasts of DR sites, participants, load curtailment, and spending, broken out by country or region, customer segment (residential, commercial, and industrial), and program type, focus on five geographic areas and extend through 2020.
GE Energy's Multi-Area Production Simulation software solution (GE MAPS) has been licensed by DNV KEMA Energy & Sustainability, an energy consulting, testing and certification company to enhance its curtailment risk assessment services in the North American utility market.