Duke, SCANA and CP&L Form RTO
In compliance with FERC Order 2000, SCANA, CP&L Energy and
Duke Energy have discussed the formation of an independent regional
transmission organization (RTO). The three companies would empower
the proposed RTO to be known as GridSouth, with the responsibility
of planning and operating their transmission systems.
GridSouth will initially assume a range of operational and
planning responsibilities to ensure equal and non-discriminatory
access to the grid. During the initial stages, CP&L, Duke and
SCANA will retain ownership of their existing transmission
"The intent of our three companies is to move the RTO towards a
broad, regional independent transmission company that spans the
Southeast," stated Duke Energy Chairman Richard B. Priory. "This is
an important first step towards a system that is more responsive to
customers' needs and at the same time creates value for
Presentations of the initial proposal to public stakeholders are
scheduled to take place during regional public meetings in August
and September. At least four meetings will be held to explain the
RTO's plans and solicit comments from public stakeholders. The
first meeting will discuss a general overview of the planned
GridSouth RTO and will be held in Charlotte, NC, on Aug. 2. Three
more meetings that will deal with specific issues are planned for
Charlotte and Raleigh, NC, and Columbia, SC.
"In complying with FERC Order 2000, we will work to ensure that
our customers continue to receive the reliable, low-cost
electricity service that they have come to expect," said Scana
Chairman William B. Timmerman.
Upon completion of the meetings, the RTO proposal will be filed
with the Federal Energy Regulatory Commission not later than Oct.
16. This would go along with FERC's plan to have all utilities in
RTOs by Dec. 15, 2001. As of Aug. 2, time schedules of meetings
and information about the proposed RTO can be found on the web at
"Taking a regional approach to transmission is both efficient
and ultimately beneficial to all of our customers," said William
Cavanaugh, CP&L's chairman. "Planning for and operating
transmission on a regional basis should make our already
competitive wholesale electricity markets even more robust."
Combined, the three utilities own and operate more than 22,000
miles of transmission line and about 34,500 MW of electricity
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