Over the last two decades, many countries have deregulated some of their utility industries. This deregulation has created new dynamic industries. Especially, for the electricity industries, an issue of risk management becomes important in the context...
Over the last two decades, many countries have deregulated some of their utility industries. This deregulation has created new dynamic industries. Especially, for the electricity industries, an issue of risk management becomes important in the context of reconfiguration of electricity market environment. In order to avoid depression due to the breakout, each entity in the electric supply networks should understand its internal and external risk factors and establish suitable mitigating strategies. In this paper, we extract risk factors of an electric supply network through the analysis of idiosyncratic nature of electricity. Then, we compare the extracted risk
factors with those of supply chain risk management (SCRM) to derive appropriate mitigating strategies. Possible contributions of the proposed mitigating strategies for the reconfiguration of electricity market structure are presented and discussed.