The new-but is it improved?-power system [deregulation issues]

In this paper, the author examines the effect that deregulation will have on the US power system. The paper details how the electric power industry in the USA is undergoing major changes, both politically and technically, as a result of the Federal Energy Regulatory Commission's Orders 888 and 889 issued in 1996. These orders essentially deregulate the transmission network, allowing producers and customers access to the network for electricity transactions.