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Publication Date: September 2003
Publisher: Reason Foundation
Author(s): Lynne Kiesling; Adrian T. Moore
Research Area: Energy
Type: Report
Abstract:
Our policies governing electricity transmission--regulating it and moving slowly toward changes to support competitive wholesale electricity markets--are getting a sharp look from more people than ever.
Existing long-distance transmission infrastructure is insufficient to support the changes that have come about in the industry since the deregulation of the early 1990s that led to the dramatic increase in the trade of generated electricity. Our recommendations encourage the use of distributed generation technology, innovative forms of contracting, and other institutional and technological changes that would increase the contestability of the transmission segment of the electricity value chain, and could do so in a flexible, open-ended way.