Electricity: Technology Policy Institute's Lenard discusses failure of RTOs to lower prices

What impact has deregulation had on the U.S. regions that are participating in regional transmission organizations (RTOs)? A new report by the Technology Policy Institute analyzes the impact RTOs have had on wholesale power prices. During today's OnPoint, Tom Lenard, president of the Technology Policy Institute, explains why RTOs have been unsuccessful at achieving their goals and how affected regions within the United States should be reacting. Lenard gives his take on how FERC should address the issue and he discusses how electricity restructuring and competition will fit into the overall energy discussion of the next administration.