Major power system failures (Europe, USA) and deregulation of electricity markets

The year 2003 was marked by several electric power blackouts which affected major power systems in the world, and gave rise to many opinions about possible links with developments brought by the opening of the electricity markets. At first the paper presents the outages experienced by North America or August 14 and by Switzerland and Italy on September 28, 2003. Feedback on previous electric power blackouts makes possible to find out already known lessons, then to bring out how the latest blackouts may reveal similarities or differences towards developments brought by the opening of the electricity markets occurred ire the last ten years. Finally, seen from the transmission system operator of a european country within the context of continued institutional developments, the paper points out significant items which must be considered to prevent possible further blackouts. (author)