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APPA's Competitive Market Plan - American Public Power Association

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term FTRs would also be granted to support longer-term (e.g., 10-year)<br />

bilateral power supply arrangements and LSE-owned resources. Because<br />

such FTRs support physical transactions, they would be exempted from<br />

otherwise applicable collateral or margin posting requirements.<br />

• Existing transmission rights would be maintained to the maximum extent<br />

feasible.<br />

• RTOs would continue to ensure non-discriminatory open access to the<br />

transmission system.<br />

APPA recommends as part of its <strong>Plan</strong> that FERC conduct periodic reviews of<br />

wholesale power supply markets in RTO regions, to assess long-term price<br />

stability, possible exercises of market power, justness and reasonableness of<br />

rates, and reliability. To the extent that reformed RTO markets are not<br />

making adequate progress in providing balanced incentives and benefits to<br />

both generator and load interests, further reforms would need to be<br />

considered.<br />

xiv APPA’s <strong>Competitive</strong> <strong>Market</strong> <strong>Plan</strong>: 2011 Update www.<strong>Public</strong><strong>Power</strong>.org

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