Transmission reliability and security under open access

This paper suggests that many of these challenges are direct result of the institutional dichotomy within the once vertically integrated industry. Namely, while the generation portion of this industry has made major progress toward becoming for profit, value-based industry, both the delivery (transmission) and the end user (distribution) remainders are left without any clear institutional support to adjust and provide their value to the end users in the changing industry. This paper shows that in order to move forward and provide some more natural ways of valuing generation, transmission, distribution and customers´ willingness to respond to the changing system constraints, several issues must be resolved. Some possible institutional and technological approaches to solving the system reliability problems in the changing industry were introduced in this presentation.