Abstract
Thoughts on the future structure of the industry are presented. The recent British experience is described and compared to the US situation. The parallel flow problem and competition, and how they relate to the transmission access issue, are discussed. The future direction of the US electric power industry is forecast.< <ETX xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">></ETX>
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