✦ LIBER ✦

ITP Building Blocks: Functions and Institutions

✍ Scribed by Eric Hirst; Mathew J. Morey

Publisher: Elsevier Science
Year: 2003
Tongue: English
Weight: 298 KB
Volume: 16
Category: Article
ISSN: 1040-6190
DOI: 10.1016/s1040-6190(03)00025-3

No coin nor oath required. For personal study only.

✦ Synopsis

Given the necessity of making tradeoffs among operational efficiency, short-and long-term economic efficiency, independence, profit incentives, and market power, FERC and industry participants should remain flexible, accept regional differences in ITP structure and design, and focus on progress rather than perfection.

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