APPA Releases Competitive Market Plan For Reform of RTO-Run Wholesale Electricity Markets
Feb 23, 2009 3:22 PM
American Public Power Association
The American Public Power Association (APPA) has released its proposal to reform wholesale electricity markets run by Regional Transmission Organizations (RTOs) under federal jurisdiction. The proposal, titled the Competitive Market Plan (Plan), was developed as part of APPA's Electric Market Reform Initiative (EMRI). Studies conducted under APPA's EMRI effort have documented extensive problems in RTO-run wholesale power markets, and led APPA to the conclusion that these markets are not producing "just and reasonable" prices, as required under federal law.
Tags: Power-Grid Renewable-energy