Engineering
8 years ago

Electricity industry restructuring sparks global competition and market evolution.

2001 IEEE Power Engineering Society Winter Meeting. Conference Proceedings (Cat. No.01CH37194)
Market structure, market rules and market behavior in a competitive electricity industry
Shmuel S. Oren

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The electric power industry worldwide is changing from regulated monopolies to competitive markets. Different countries are trying various ways to restructure their electricity markets, but most involve separating generation, transmission, and distribution. Generation is becoming competitive, while transmission is being reorganized commercially and operationally.