Title :
Operating an electric system in an open market
Author :
Winter, Terry M.
Author_Institution :
California ISO, Folsom, CA, USA
Abstract :
Summary form only given. This presentation briefly sketches how the California market was designed to work and how it actually worked over the last three years through periods of excess generation to periods of major generation shortages. The impact of bankruptcy on reliability is discussed. The problems encountered in California are then compared to the FERC RTO principles and a discussion of how RTOs can provide for a more reliable and efficient transmission infrastructure, building off lessons learned in California.
Keywords :
electric power generation; electricity supply industry; power transmission; California electricity market; FERC RTO principles; Regional Transmission Organisations; bankruptcy; excess generation; major generation shortages; open market; reliability; transmission infrastructure; Control systems; Electronic mail; Energy management; Engineering profession; ISO; Licenses; Missiles; Power engineering and energy; Power system management; Project management;
Conference_Titel :
Power Engineering Society Winter Meeting, 2002. IEEE
Print_ISBN :
0-7803-7322-7
DOI :
10.1109/PESW.2002.984949
