Electricity Transmission

Abstract

In traditional electric utilities, where generation, transmission, distribution, supply and system operation are vertically integrated, the role of transmission tends to go unnoticed. Its remuneration is based on cost of service and its economic impact is limited to a comparatively modest contribution to the total cost of electric power paid by consumers, typically from 5 to 10 % in systems with no major imbalances between generation and demand. Moreover, no access disputes arise because only one player is involved. © Springer-Verlag London Limited 2013.