From Harvard Electricity Law Initiative:

As the R Street Institute puts it “transmission may be the only domain where incumbent cost-of-service utilities often roam free of the economic regulation that is supposed to serve as a surrogate for competition. Given the lack of competition and economic regulatory oversight, poor economic discipline results.” [40] [40] R Street Institute, Docket No. RM21-17, at p. 15 (Oct. 12, 2021).

R Street at p. 15 (finding that the “lack of competition and economic regulatory oversight” results in “poor economic discipline” and suggesting that an independent monitor “oversee TO asset management” to determine if “alternative technologies are economic”);