DYNAMIC SCHEDULING

New Horizon, located in Laurens, South Carolina, is a Generation and Transmission (G&T) Cooperative that provides electric power to northwestern South Carolina. New Horizon was formed in the early 1980s to provide generation, transmission, and power supply services to its five members: Blue Ridge, Broad River, Laurens, Little River and York Electric Membership Cooperatives (EMCs). These five cooperatives serve approximately 150,000 residential, commercial and industrial customers with a peak demand of about 700 megawatts. With deregulation and increasing demand New Horizon began to evaluate ways of reducing costs and meeting demand efficiently. This meant concentrating on wholesale power costs, which are usually well over 90% of a Utilities' total costs. In New Horizon's case this meant changing power suppliers completely to take advantage of the Federal Energy Regulatory Commission's (FERC's) policy for wholesale deregulation. In order to dynamically purchase from Duke Energy and..