Four Energy Companies to Form Transmission B2B Exchange

The transmission exchange will be open for use by any group in the energy industry, including power marketers, merchant generators, electric utilities, municipalities, electric cooperatives and energy aggregators. Customers also will include Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) as they are formed across the United States.

ATLANTA—Some three-quarters of large utility companies, or utilities serving 500,000 or more customers, will transfer at least a portion of their purchasing activity online over the next year according to research by Chartwell Inc., an information services firm serving the retail energy industry. In addition, Web-based monitoring and reporting of field devices is set to double-from being in place at about 10 percent of all utilities now, to about 20 percent by 2002, Chartwell’s findings show.

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