Making Power Markets Work -- American Superconductor White Paper Gets `Back to Basics'.Business Editors WESTBOROUGH, Mass.--(BUSINESS WIRE)--Jan. 8, 2002 Addresses Technologies and Regulatory Reforms for Editors Covering Energy, Utility, Power, Regulatory Issues A just-issued white paper, "Making Power Markets Work: Back to Basics," addresses the crisis in power transmission issues and presents timely, technology-based solutions. Power transmission issues are proving to be the chief obstacle to the emergence of a robustly competitive marketplace in electricity that would drive lower consumer prices and improve reliability. Unfortunately, much of the current debate surrounding transmission focuses on institutional and governance issues. Hidden from view is the very real problem of serious physical constraints and bottlenecks in the current transmission system. Today's political and social environment makes it difficult or impossible to solve these problems with conventional approaches. "Making Power Markets Works" explains how new technology-based solutions and supportive regulatory reforms can expand the capacity and flexibility of today's power grid, promoting better reliability and more effective competition without environmental impact. Developed by American Superconductor American Superconductor is a technology company based in Westborough, Massachusetts specializing in the design and manufacture of superconducting wires and power converters. It is listed on Nasdaq under the symbol AMSC. Corporation (Nasdaq: AMSC AMSC Army Management Staff College AMSC American Mobile Satellite Corporation AMSC American Miniature Schnauzer Club AMSC Area Maritime Security Committee AMSC Acquisition Method Suffix Code AMSC Advanced Missile Signature Center ), the white paper addresses many of the difficult issues confronting federal and state regulators, as well as Congress. In a setting where industry stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. find it difficult to agree on basic structural and governance reforms, policy reforms and power flows are gridlocked grid·lock n. 1. A traffic jam in which no vehicular movement is possible, especially one caused by the blockage of key intersections within a grid of streets. 2. . This paper, available for free download at http://www.amsuper.com/press/2002/MakingPowerMarketsWork.pdf , shows how technology-based solutions can help to break this gridlock Gridlock A government, business or institution's inability to function at a normal level due either to complex or conflicting procedures within the administrative framework or to impending change in the business. . American Superconductor (AMSC) AMSC, with headquarters in Westborough, Mass., was founded in 1987 and is a world leader in developing and manufacturing products utilizing superconducting materials and solid-state power electronic devices for the power infrastructure. The company's products, and products sold by electrical equipment A piece of electrical equipment is a machine, powered by electricity and usually consists of an enclosure, a variety of electrical components and often a power switch. Examples of Electrical Equipment
|
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion