Contents
Restructuring of electricity transmission in the United States : regional transmission organizations / 주일엽 1
I. Introduction 1
II. Factors to Be Considered : Peculiar Properties of Transmission Grid and Their Implications 3
A. Interconnected Nature of Transmission Grid 3
B. Benefits of Interconnection 4
C. Loop Flow Effects 6
D. Natural Monopoly Characteristic 8
E. Implication for Restructuring 9
III. Functional Unbundling 10
A. Vertically Integrated Utilities and Competitive Wholesale Power Market 10
B. Prior History to FERC Order 888 16
C. FERC Order 888 : Functional Unbunling 19
D. Limits of Functional Unbundling 22
IV. Structural Approach : Regional Transmission Organization 25
A. The Need for Regional Transmission Organization(RTO) 25
B. Development of Regional Transmission Organizations and FERC Order 2000 33
C. ISO Model : The Not-for-profit Transmission Organization 35
D. Transco Model : The For-profit Transmission Organization 38
E. A Hybrid Model : An ISO Comprising Several Transcos and ISOs 39
V. Conclusion 46
References 47
국문초록 51