San Diego Gas & Electric (SDG&E) has filed comments to support the "majority proposal" by the California Public Utilities Commission on deregulating the electric utility industry, which calls for formation of a wholesale power pool.
SDG&E noted that while a key element of the proposal involved creating an independent system operator, the company would go further and set up a regional transmission company to own the grid. Moreover, SDG&E advocated several steps to eliminate the influence of any participants who might possess or later acquire market power:
s Performance-based rates (PBR)
s Contracts for differences for certain plants
s Monitoring rules (with sanctions)