NAC704.9157. “Risk management strategy” defined.

Latest version.

“Risk management strategy” means a systematic method utilized by a utility to:

1. Identify risks inherent in procuring and obtaining a supply portfolio; and

2. Establish the means by which the utility plans to address and balance or hedge the identified risks related to cost, price volatility and reliability.

(Added to NAC by Pub. Utilities Comm’n by R004-04, eff. 5-25-2004)

                    
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