Can FERC’s Standard Market Design Work in Large RTOs?

✍ Scribed by Hamish Fraser

• Publisher: Elsevier Science
• Year: 2002
• Tongue: English
• Weight: 226 KB
• Volume: 15
• Category: Article
• ISSN: 1040-6190
• DOI: 10.1016/s1040-6190(02)00319-6

✦ Synopsis

Can FERC's Standard Market Design Work in Large RTOs?

The two major FERC initiatives right now are Standard Market DesignÐwhich includes locational marginal pricingÐand consolidation of regional transmission organizations. But SMD in combination with large RTOs can cause serious new inef®ciencies unless corrective actions are taken.