A response to Bruce Radford’s “100-to-1 Odds, Why merchant transmission still looks iffy,” in the March 1, 2002 issue.
Jim Schretter is President, Beacon Energy and Executive Director, Council for Competitive Transmission.
I would like to take exception to your editorial comments regarding merchant, or as we say, competitive transmission. Competitive transmission is already a proven and sound business model. With the right regulatory rules, competitive transmission can make major efficiency improvements to the existing transmission system. This will facilitate the delivery of low cost supplies to reduce consumer electricity costs and improve the reliability of the electric system for the safety of customers. These benefits are worth billions of dollars to consumers, as cited in various Public Utility Fortnightly and Gridweek articles, and affect the security and overall health of the U.S. economy.