The Perfect RTO? Even at PJM, Pulling It Off Is No Cinch
genuinely competitive market and the necessary RTOs.
The FERC's role is simply to encourage that collaborative work. But the diversity of interests and the high stakes involved make failure likely unless the FERC makes it clear that it has the will and the three votes to compel outcomes. If all participants in the process understand that FERC ultimately will mandate results, then the voluntary collaborative process will have a better chance of succeeding. F
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