Electricity transactions in an open access market

Journal Article · Mon Jan 01 04:00:00 EST 1996 · IEEE Power Engineering Review

DOI:https://doi.org/10.1109/MPER.1996.482236· OSTI ID:215455

Flory, J

The electric power industry is becoming increasingly competitive. A number of other regulated industries have recently been deregulated. Federal and state regulators are increasingly opening up the electric power industry to competition. These ideas have not suddenly been brought down from the mountain top. Rather, they are part of an evolution in the energy marketplace. A 1995 Winter Meeting panel session, sponsored by the IEEE PES Power System Engineering Committee, explored Electricity Transactions in an Open Access Market. Panelists included: Richard Tabors, chairman of Tabors Caramanis and Associates, and assistant director of MIT laboratory for Electromagnetic and Electronic Systems; Brad Leach, director of Electricity and Natural Gas Research at the New York Mercantile Exchange; Dennis Meany, vice president of Louis Dreyfus Electric Power, Inc.; Steve Kean, vice president of Enron Gas services Group; John Flory, principal in charge of the Western Division, Tabors Caramanis and Associates. This article summarizes the panel session by describing the evolution of deregulation, discussing the benefits of deregulation, describing what an electricity transaction might look like in this open access market, and describing the implications of this market for current participants and the possible contributions of new participants.

• Sponsoring Organization: USDOE
• OSTI ID: 215455
• Journal Information: IEEE Power Engineering Review, Journal Name: IEEE Power Engineering Review Journal Issue: 1 Vol. 16; ISSN 0272-1724; ISSN IPERDV
• Country of Publication: United States
• Language: English

Related Subjects

24 POWER TRANSMISSION AND DISTRIBUTION
COMPETITION
ELECTRIC POWER
ELECTRIC POWER INDUSTRY
INTERCONNECTED POWER SYSTEMS
MARKET
POWER TRANSMISSION