The time has come for retail wheeling
Creators
Description
Retail wheeling, the transmission and distribution of electric power for end users, fosters competition and promotes the efficient use of resources. Access to electric-utility transmission and distribution systems would establish competitive electric markets by permitting retail customers to obtain the lowest cost for energy which would meet their specific needs. Among electric utilities and their customers, the idea of allowing market forces to attract supply and set prices is a current controversy. To counter the anticompetitive effects of recent mergers in the wholesale market, the Federal Energy Regulatory Commission (FERC) has mandated open transmission access for wholesale customers. However, the FERC denied access to retail customers and qualifying facilities (QF) in both its Northeast Utilities (FERC case No. EC-90-1 90) and PacifiCorp (U.S. Circuit Court of Appeals for D.C., 89-1333) decisions. Retail wheeling will benefit both consumers and producers. The ability of large customers to purchase power from the lowest cost sources and have it transmitted to their facilities, will save American industrial and commercial customers at least $15 billion annually. The Increased efficiency resulting from competition would also reduce residential electric bills. Through retail wheeling, independent power producers can market their capacity to a greater customer base, and traditional utilities will benefit from access to other utilities markets with the more efficient utilities prospering. Retail wheeling will, therefore, reward efficient utilities and encourage inefficient utilities to improve
Additional details
Publishing Information
- Publisher
- The Fairmont Press, Inc.
- Imprint Place
- Lilburn, GA (United States)
- Imprint Title
- Innovative energy and environmental applications
- Imprint Pagination
- 637 p.
- Journal Page Range
- p. 249-254.
Conference
- Title
- 15. world energy engineering congress (WEEC).
- Dates
- 13-15 Oct 1992.
- Place
- Atlanta, GA (United States).
INIS
- Country of Publication
- United States
- Country of Input or Organization
- United States
- INIS RN
- 24054962
- Subject category
- S29: ENERGY PLANNING, POLICY AND ECONOMY;
- Resource subtype / Literary indicator
- Conference
- Descriptors DEI
- CAPACITY; COMPETITION; COST; DISTRIBUTION; ELECTRIC POWER; ELECTRIC UTILITIES; ENERGY; MARKET; RETAIL PRICES; SUPPLY AND DEMAND; TRANSMISSION; US FERC
- Descriptors DEC
- ELECTRIC POWER INDUSTRY; INDUSTRY; NATIONAL ORGANIZATIONS; POWER; PRICES; PUBLIC UTILITIES; US DOE; US ORGANIZATIONS