New Energy Market Launches; Regional System Aims to Lighten Power Bills

The Milwaukee Journal Sentinel › April 02, 2005

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Summary

A new energy trading market opened Friday that will change the way power is delivered from power plants to customers across Wisconsin and 14 other states.

The Midwest Independent Transmission System Operator launched a wholesale energy market Friday that uses the real-time price of electricity to determine which power plants will be on at any given time. The system covers a 1 million square-mile region that stretches from Montana to Pennsylvania, and includes the Canadian province of Manitoba.

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Extract

New Energy Market Launches; Regional System Aims to Lighten Power Bills

"After many months of preparation, intensive testing and rigorous training of our personnel, we are pleased to have these markets up and running," said James Torgerson,...

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