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Title: The case for reasonable incentives to promote independent transmission companies

Abstract

As part of its restructuring efforts in the electric utility industry, the Federal Energy Regulatory Commission (FERC) has encouraged voluntary corporate unbundling in an effort to promote a competitive electric market, recently proposing to define the minimal and desired characteristics of a regional transmission organization (RTO). The promotion of competition requires certain features in a transmission system, which include inter alia, (1) independent operation; (2) efficient pricing of congestion; (3) congestion management; (4) provision of ancillary services; (5) elimination of pancaked transmission rates; (6) appropriate transmission pricing; and (7) price transparency. A promising type of corporate unbundling that can provide these features is an independent transmission company (ITC).

Authors:
; ;
Publication Date:
Research Org.:
Howrey and Simon, Washington, DC (US)
OSTI Identifier:
20006059
Resource Type:
Journal Article
Journal Name:
Electricity Journal
Additional Journal Information:
Journal Volume: 12; Journal Issue: 7; Other Information: PBD: Aug-Sep 1999; Journal ID: ISSN 1040-6190
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING AND POLICY; POWER DISTRIBUTION SYSTEMS; ELECTRIC POWER INDUSTRY; FINANCIAL INCENTIVES; PRICES; DEREGULATION; COMPETITION

Citation Formats

Angle, S., Carpentier, D.A., and Farinella, M. The case for reasonable incentives to promote independent transmission companies. United States: N. p., 1999. Web. doi:10.1016/S1040-6190(99)00065-2.
Angle, S., Carpentier, D.A., & Farinella, M. The case for reasonable incentives to promote independent transmission companies. United States. doi:10.1016/S1040-6190(99)00065-2.
Angle, S., Carpentier, D.A., and Farinella, M. Wed . "The case for reasonable incentives to promote independent transmission companies". United States. doi:10.1016/S1040-6190(99)00065-2.
@article{osti_20006059,
title = {The case for reasonable incentives to promote independent transmission companies},
author = {Angle, S. and Carpentier, D.A. and Farinella, M.},
abstractNote = {As part of its restructuring efforts in the electric utility industry, the Federal Energy Regulatory Commission (FERC) has encouraged voluntary corporate unbundling in an effort to promote a competitive electric market, recently proposing to define the minimal and desired characteristics of a regional transmission organization (RTO). The promotion of competition requires certain features in a transmission system, which include inter alia, (1) independent operation; (2) efficient pricing of congestion; (3) congestion management; (4) provision of ancillary services; (5) elimination of pancaked transmission rates; (6) appropriate transmission pricing; and (7) price transparency. A promising type of corporate unbundling that can provide these features is an independent transmission company (ITC).},
doi = {10.1016/S1040-6190(99)00065-2},
journal = {Electricity Journal},
issn = {1040-6190},
number = 7,
volume = 12,
place = {United States},
year = {1999},
month = {9}
}