Yes, great question. So in the early 2000s, it was really a federal policy push to introduce wholesale competition for electricity. So It was coming from the Energy Policy Act and the Federal Energy Regulatory Commission to encourage competition of generation. so that customers could benefit from the cheapest electricity possible. And so in doing that, you need to have someone who's kind of overseeing the transmission system and making sure that every generator can. (08:19–08:32)
CLAIM
Asserts that the Energy Policy Act and FERC encouraged competition in electricity generation.
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