Now that FERC has authorized implementation of that market, whether any of those projects get built may depend on whether the legislation comprising the RFPs is enacted. Developers with state-approved generation projects in the pipeline have suspended further development pending implementation of the region's proposed forward capacity market. Other groups have objected that the RFP process as proposed is facially biased in favor of the utilities. That reliance will stimulate more generation development and will concentrate risk on the developers and not customers, according to the ISO. the vertically-integrated utilities into their alphabet-soup. ![]() In opposition, however, ISO-New England has countered that electric utilities should not re-enter the supply market and that the state should instead rely on the competitive supply market. the case to assert that neither the electricity industry nor IRP will bear much resemblance. It may reduce the companys costs and give it greater control of. Proponents of the energy bill contend that it would empower regulators to exercise more control over power supply costs and resulting prices. Vertical integration involves the acquisition of a key component of the supply chain that the company has previously contracted for. ![]() The first RFP would ask the electric utilities for at least 500 MW of peaking power plants and conservation measures the second would open up to other power suppliers the peaking and demand-side requirements not proposed by the utilities the third would seek non-peaking resources from all sources. The proposed law would direct Connecticut's utility regulators to oversee three requests for proposals (RFPs) to supply the utilities' long-term resource needs. Passage of the bill would signal a retreat from the Connecticut's 1998 decision to promote power supply competition by severing ownership and control of generation from the monopoly wires businesses of power transmission and distribution.
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