“Making Power Markets Work: Back to Basics”

Published By American Superconductor

• By John B. Howe, James W. Brew
• Published January 2002
• 25 Page(s)

“Making Power Markets Work: Back to Basics” addresses the crisis in power transmission issues and presents timely, technology-based solutions. Power transmission issues are proving to be the chief obstacle to the emergence of a robustly competitive marketplace in electricity that would drive lower consumer prices and improve reliability. Unfortunately, much of the current debate surrounding transmission focuses on institutional and governance issues. Hidden from view is the very real problem of serious physical constraints and bottlenecks in the current transmission system. Today’s political and social environment makes it difficult or impossible to solve these problems with conventional approaches. “Making Power Markets Work: Back to Basics,” explains how new technology-based solutions and supportive regulatory reforms can expand the capacity and flexibility of today’s power grid, promoting better reliability and more effective competition without environmental impact.