The electric utility industry and its stakeholders in the. United States appear to be at a critical juncture in time. Powerful forces of global proportions are propelling the industry instinctively and in a secular fashion towards restructuring. That the industry will change is a fait accomplii. The nature and timing of the change is still a matter of intense debate, however. Because of the evolution of the industry into its present-day form, i.e. regulated local monopolies in their designated franchise service territories, the relative roles and expectations of various institutions would...

This book assembles current knowledge about the economics and technology of electricity transmission, the focus being on current issues that are vital to utilities, other power producers, regulators, system planners, and electricity users. It will appeal to anyone who has an interest in understanding the complexities and problems surrounding the transmission of electricity in a market that is becoming increasingly deregulated and competitive.