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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: axial who wrote (27701)8/7/2008 9:15:14 PM
From: Frank A. Coluccio  Read Replies (1) of 46821
 
Jim, I thought that this item you sent to me via PM was of sufficient interest to post to the open board:
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Electric Grid Transmission: Lack of coordination between Regional Transmission Organizations (RTOs) provides multi-million dollar gaming opportunity to some market participants - at the expense of others

August 5, 2008 | Michael Giberson

Excerpt:

"[T]he NYISO described how a market participant could schedule power flows between New York and neighboring PJM in two ways - a direct path and an indirect path. The indirect path - using external transactions looping around Lake Erie (scheduling through Ontario and the Midwest ISO, and entering PJM from the west) - is essentially a false schedule. Power generally flows in the interconnected AC system over the path of least resistance, so transactions scheduled using the indirect "Lake Erie looping" path end up mostly flowing over the direct links between New York and PJM."

Cont.: knowledgeproblem.com

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