White paper addresses technologies and regulatory reforms

WESTBOROUGH, Mass., Jan. 8, 2002 – A just-issued white paper, “Making Power Markets Work: Back to Basics,” addresses the crisis in power transmission issues and presents timely, technology-based solutions.

Power transmission issues are proving to be the chief obstacle to the emergence of a robustly competitive marketplace in electricity that would drive lower consumer prices and improve reliability. Unfortunately, much of the current debate surrounding transmission focuses on institutional and governance issues. Hidden from view is the very real problem of serious physical constraints and bottlenecks in the current transmission system.

Today’s political and social environment makes it difficult or impossible to solve these problems with conventional approaches. “Making Power Markets Works” explains how new technology-based solutions and supportive regulatory reforms can expand the capacity and flexibility of today’s power grid, promoting better reliability and more effective competition without environmental impact.

Developed by American Superconductor Corporation, the white paper addresses many of the difficult issues confronting federal and state regulators, as well as Congress. In a setting where industry stakeholders find it difficult to agree on basic structural and governance reforms, policy reforms and power flows are gridlocked. This paper, available for free download at http://www.amsuper.com/press/2002/MakingPowerMarketsWork.pdf , shows how technology-based solutions can help to break this gridlock.

American Superconductor (AMSC)

AMSC, with headquarters in Westborough, Mass., was founded in 1987 and is a world leader in developing and manufacturing products utilizing superconducting materials and solid-state power electronic devices for the power infrastructure. The company’s products, and products sold by electrical equipment manufacturers that incorporate its products, can dramatically increase the capacity and reliability of power delivery networks, significantly reduce the manufacturing costs of electrical equipment such as motors and generators, lower electrical operating costs and conserve resources that are used to produce electric power. AMSC’s web site is http://www.amsuper.com.

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