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| Nora Mead Brownell |
Federal Energy Regulatory Commission Is Creating Blueprint for Electricity Market for the Next 20 Years, Says Nora Mead Brownell
Monopolies are effective for a period of time, but by their very nature they are inefficient, says Nora Mead Brownell, Federal Energy Regulatory Commissioner (FERC). Monopolies are not innovative, don't seek new technologies and are not customer responsive, she says. Brownell outlines FERC's efforts on electricity market restructuring and proposed standard market design, and explains that FERC is creating a blueprint for the next 20-30 years.
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