•This question needs to be addressed as the industry structure evolves;
•Possible to make the case that the entire
interconnection would
benefit (measured in terms of whatever criteria chosen, such as total generation cost; enhanced reliability);
•A multi-layered approach
would allow for moving toward interactive
decision making for establishing
tradeoffs between sub-objectives
of individual stake-holders (or CAs)
and the system as a whole.
•More work is needed; yet, it is straightforward to show that generally less reserve is needed with more
effective on-line control. The cumulative cost of reserves is easily lower than the estimated benefits.
•