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MICROGRIDS: INSOURCING MORE RELIABLE ENERGY RESOURCES TO CONNECTICUT TOWNS AND CITIES FIRST DRAFT FOR DISCUSSION PURPOSES ONLY Some past and possible future changes in property rights regimes for electric power service have been considered with illustrations below: The diagram to the left illustrates the connection of independently owned generators at the transmission level. In 1978, PURPA opened the way for privately owned and managed generation. Likewise, in many areas such as Connecticut, FERC Order 2000 and state-level deregulation resulted in non- utility ownership of generation and transmission that is owned by the utilities but with rights of access and use governed by a Independent Regional Transmission Operator. Note that in Connecticut utility shareholders were provided stranded asset compensation for the change in property regime and still earn a rate of return on transmission assets that are on the utility’s rate base but independently governed by regional transmission operators. Page 20PDF Image | MICROGRIDS
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