Why has it happened again? Comparison between the UCTE blackout in 2006 and the blackouts of 2003

The paper starts with an overview of, and comparison between, the UCTE blackout of 2006 and year 2003 blackouts in the US and Italy. The main conclusion of the paper is that the European utilities have not really learned the lessons from the blackouts of 2003. Increased liberalisation of electricity supply industry has resulted in a significant increase in… CONTINUE READING