The model considered includes power purchase options via bilateral contracts
, spot market purchases and low self-generation option.
According to the notation developed in , GD represents a square matrix of bilateral contracts
In time, however, countries began to formalize their consular relations in bilateral contracts
called treaties, conventions, or agreements--all of which carry the binding status of a treaty for purposes of international law.
In market structures where preferences and technologies are convex, the restriction to bilateral contracts
is generally unimportant, but when nonconvexities are severe, it may be impossible to reliably achieve efficiency under the constraint of bilateral contracting (Telser 1987).
The court added that insurance contracts are unlike ordinary bilateral contracts
because the motivation for entering into an insurance contract is different.
The German Government has gone on the record as stating that its line sharing is based on bilateral contracts
between companies rather than on openly published prices.
The appeal of such an exchange is to offer the various players alternatives to traditional bilateral contracts
He notes that it was designed by well-intentioned academics, who, although expert in electricity regulation and economic theory, had no experience in the real world of bilateral contracts
DEMEC owns a 45-megawatt (MW) peaking unit, but historically obtained most of its power requirements through bilateral contracts
and market purchases.
The Department of Energy (DOE) is targeting next year the release of a revised set of guidelines on Competitive Selection Process (CSP), a policy which requires distribution utilities (DUs) to hold competitive bidding for their supply requirements as against securing power deals via bilateral contracts
Under the model envisaged by the government, an intermediate period to full competition will be ushered in by allowing private energy producers -- mainly from renewable energy sources -- to sell their electricity through monthly, bilateral contracts
On the average, so-called bilateral contracts
between generating and distribution companies accounted for 89 percent of electricity consumption, while the WESM only got 11 percent.