Jay L. Witkin replaces Jerome Feit, who retired, as the Federal Energy Regulatory Commission's solicitor. Also at the FERC, Judith Ann Dowd will serve as an administrative law judge. Dowd joins...
A Vision for Trasmission: How the RTOs Stand
- a bid-based security-constrained dispatch to give a market basis for the value of congestion. Many also opposed the notion of option-based rights, which insulate the holder from having to pay on a hedge if congestion flows in the opposite direction from expectations. They argued that obligation style-rights would allow RTO to issue a greater quantity of rights and deepen the secondary market.
- License-plate pricing schemes are designed to recover embedded costs by charging a fee to transmission cstomers. That fee covers the revenue requirement of the utility that owns the transmission system containing the load served by the transaction in question. License-plate tariffs are called "company rates" in RTO West parlance.
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