How to Create Competitive Markets in the Transmission System

When you get to managing a complex system that is physically based an electrical then you can't rely completely on one or the other. You probably could rely on a complete control system, but that may not be the most desirable way to do things as we found with electricity. The idea in the 19 niney s was to create markets in the transmission system for wholesale trading of electricity. In many ways, those wholesale markets have been very successful and they've been functioning well for 20 some years.