05.07.2009
Energy market which is restricted to wholesale suppliers and retailers (resellers) and a few select large-scale customers. Retailers who acquire energy on the wholesale market for resale elsewhere are typically responsible for providing any ancillary services needed by their eventual customers. These services can include peak supply and back-up service which may also be acquired on the wholesale market. In the electricity market this is the wholesale supply of electricity in large quantities. Bulk electricity in Israel is electricity sold based on one meter for a main customer who provides electricity to secondary customers
Pressure recorded in the borehole at downhole conditions during a pressure buildup test
With the build-own-operate model, a private company is granted the right to develop, finance, design, build, own, operate, and maintain an infrastructure project. The private sector partner owns the project outright and retains the operating revenue risk and all of the surplus operating revenue in perpetuity. This approach is more common in the power and telecommunications sectors
In a BOT arrangement, the private sector carries out the detailed design of the project and builds the infrastructure, finances its construction and owns, operates and maintains it over a period, often as long as 20 or 30 years, after which it is transferred to the state.