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- W989014799 abstract "This note considers a number of questions arising out of the EPRI-sponsored MEET Workshop on challenges associated with restructuring of the U.S. electric power industry. Restructuring objectives include transparent and efficient markets for both long-term and short-term transactions, dynamic efficiency and innovation, customer-focused operations, and system integrity. After a brief review of unbundling strategies intended to implement these objectives, I structure and pose some of the key questions (I call them MEET questions) which are currently “center-stage” in the debate. This note focuses primarily on questions related to the ownership structure and regulation of the ISO (and related other institutions such as the Power Exchange), including necessary incentives for the ISO to promote efficiency in financial and physical contracting, as foreseen and partially prescribed in FERC Order 888. The required contracting includes financial instruments (spots, forwards, futures, and performance contracts) encompassing long-term and short-term energy contracts, asset-use and resource supply contracts, ancillary service contracts, investments in generation and transmission assets, load-management and demand-side management contracts, and contracting for other market-mediated services required for the efficient configuration and operation of the power market." @default.
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- W989014799 date "1998-01-01" @default.
- W989014799 modified "2023-09-27" @default.
- W989014799 title "Ownership Structure, Contracting and Regulation of Transmission Services Providers" @default.
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- W989014799 doi "https://doi.org/10.1007/978-1-4615-5547-6_4" @default.
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