Electricity Market Reform
Some regulators regard electric transmission to be a natural monopoly and there are moves in many countries to separately regulate transmission (see electricity market).
Spain was the first country to establish a regional transmission organization. In that country transmission operations and market operations are controlled by separate companies. The transmission system operator is Red Eléctrica de España (REE) and the wholesale electricity market operator is Operador del Mercado Ibérico de Energía – Polo Español, S.A. (OMEL) . Spain's transmission system is interconnected with those of France, Portugal, and Morocco.
In the United States and parts of Canada, electrical transmission companies operate independently of generation and distribution companies.
Read more about this topic: Electric Power Transmission
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