Nev. Admin. Code § 704.9157

Current through August 29, 2024
Section 704.9157 - "Risk management strategy" defined

"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.

Nev. Admin. Code § 704.9157

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

NRS 703.025, 704.210, 704.741