Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
ELECTRIC SERVICE
Resource Planning
Section 704.9157 - "Risk management strategy" defined
Universal Citation: NV Admin Code 704.9157
Current through September 16, 2024
"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
NRS 703.025, 704.210, 704.741
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