Visions of the Electric Industry in the Year 2010
as developed by break-out groups at the April 11, 1997 workshop entitled

Competition in the Electric Industry:
Implications for the West Virginia Region

hosted by the WVU National Research Center for Coal and Energy

funded by U.S. DOE Office of Industrial Technologies

 

I. Regulatory/Legislative Break-out Group

In the year 2010...

  1. There are no stranded costs.

  2. Market regions are defined by supply and demand.

  3. Price is set by competition not by regulation.

  4. Electric power is high quality and reliable.

  5. International import/export markets exist for electric power.

  6. Power production is environmentally sound.

  7. Power marketers have a high level of integrity and meet established entry standards.

  8. The electric power industry incorporates modern technology for efficient and environmentally sound operations.

 

II. Investor-Owned Utilities Break-out Group

In the year 2010...

  1. Customers are satisfied and low-cost reliable power is available.

  2. Generation, transmission, distribution, and energy suppliers are decoupled.

  3. Energy markets are contestable.

  4. Regulations are flexible and efficient.

  5. Uniform national policies exist for transmission siting.

  6. Transmission is enhanced by use of power electronics control devices, and modern distribution technologies are in use.

 

III. Small and Residential Consumers Break-out Group

In the year 2010...

  1. Competitive electric power rates are less than regulated rates.

  2. Competitive marketers may offer free services, such as the first 100 KWh per month.

  3. Consumers have the flexibility to choose the least expensive and most reliable supplier.

  4. Competitive markets for electricity do not increase pollution.

  5. Gencos, transcos, and discos are assessed a non-bypassable charge to support societally beneficial programs.

  6. Formulas for setting industrial/large commercial rates do not penalize residential customers.

  7. No single provider has most of the prime customers, i.e. providers serve all customer classes.

  8. Electric suppliers provide telecommunication services.

 

IV. Large Industrial Consumers Break-out Group

In the year 2010...

  1. Competition exists at all levels.

  2. Rates (costs) on a real dollar basis have been reduced to all classes of customers.

  3. Adequate capacity and reliability are a reality.

  4. West Virginia rates are better than those of other states.

  5. Continuous, automated, computer monitoring and control have been implemented.

  6. Synergies exist through total energy management.

  7. Multi-state industrials have unrestricted group aggregations.

 

V. Fuel Supplier/IPP Break-out Group

In the year 2010...

  1. The goal is to produce and sell more units and to have higher profit levels.

  2. Transmission capacity to other states has been increased and is regulated nationally.

  3. Markets in all states are open to retail access.

  4. IPPs have deep pockets.

  5. Consumers have sufficient product information to allow them to make informed choices e.g., in choosing green power.

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