Open AccessIndependent transmission system operators and their role in maintaining reliability in a restructured electric power industry
Publication year - 1998
Language(s) - English
Resource type - Reports
DOI - 10.2172/567459
Subject(s) - reliability (semiconductor) , key (lock) , electric power system , control (management) , computer science , metering mode , electric power industry , resource (disambiguation) , transmission (telecommunications) , operations management , power (physics) , business , reliability engineering , telecommunications , electricity , engineering , computer security , electrical engineering , mechanical engineering , computer network , physics , quantum mechanics , artificial intelligence
This report summarizes the current status of proposals to form Independent System Operators (ISOs) to operate high-voltage transmission systems in the United States and reviews their potential role in maintaining bulk power system reliability. As background information, the likely new industry structure, nature of deregulated markets, and institutional framework for bulk power system reliability are reviewed. The report identifies issues related to the formation of ISOs and their roles in markets and in reliability, and describes potential policy directions for encouraging the formation of effective ISOs and ensuring bulk system reliability. Two appendices are provided, which address: (1) system operation arrangements in other countries, and (2) summaries of regional U.S. ISO proposals