Fortnightly Magazine - April 15 2002
The smart money now treats transmission as a player. Just like generation. Just like load.
How PJM turns redispatch into market signals.
Finding that "market design flaws are visible in every regional electric market today," FERC released its working paper on standardized transmission service and wholesale electric design on March 15. The work in progress outlines key principles and policy decisions on standard market design (SMD) to guide FERC in developing a revised open access transmission tariff (OATT).