Powering the Future
Washington, D.C.-Regional transmission organizations have not produced lower wholesale prices for electricity and the states in these RTOs have higher average prices than regulated states, according to a study released today by the Technology Policy Institute, a Washington-based think tank.
Electric power is one of the last major regulated industries to undergo some form of ?liberalization.? One of the most important steps has been creating regional transmission organizations (RTOs) in major regions of the country. RTOs are independent non-profit entities that operate utility-owned transmission networks. They are intended to increase competition and efficiency in the market for wholesale power, which should lead to lower wholesale prices. This paper tests whether RTOs have, in fact, achieved this goal.
Scott Wallsten will be a guest on the Kojo Nnamdi Show WAMU 88.5 FM on Tuesday, September 16 from noon – 1pm to discuss net neutrality and network management in the U.S.
TPI vice president for research and senior fellow Scott Wallsten finds that the government’s DTV coupon program has increased the price of digital-to-analog converter boxes by $21-$34, meaning that the subsidy is primarily benefiting retailers rather than consumers. The $40 coupons made available to all households means that consumers pay $0 for any retail price less than $40 for eligible boxes, thus diminishing price competition among retailers.
The Technology Policy Institute is hosting a conference to discuss this country’s energy future, highlighted by a preview of the next Administration’s policy options from Douglas Holtz-Eakin representing the McCain campaign and Jason Grumet representing the Obama campaign.
TPI Vice President for Research and Senior Fellow Scott Wallsten discusses international broadband statistics at Pike & Fischer’s Broadband Policy Summit IV.
Thank you for inviting me to testify today. I will make the following points. Broadband deployment and growth in the United States is strong, and we compare favorably to the rest of the world, despite conventional wisdom. There is no crisis and no apparent market failure. We can take the time to come up with an intelligent national broadband policy to ensure continued investment and innovation in this critical infrastructure.