Successes and Failures in Regulating and Deregulating Utilities PDF Download
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Author: Colin Robinson
Publisher: Edward Elgar Publishing
ISBN: 9781845420789
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
This book is the latest annual review of utility regulation and deregulation, published in association with the Institute of Economic Affairs and the London Business School
Author: Colin Robinson
Publisher: Edward Elgar Publishing
ISBN: 9781845420789
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
This book is the latest annual review of utility regulation and deregulation, published in association with the Institute of Economic Affairs and the London Business School
Author: Paul L. Joskow
Publisher: MIT Press (MA)
ISBN:
Category : Electric Utilities
Languages : en
Pages : 296
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Book Description
This timely study evaluates four generic proposals for allowing free market forces to replace government regulation in the electric power industry and concludes that none of the deregulation alternatives considered represents a panacea for the performance failures associated with things as they are now. It proposes a balanced program of regulatory reform and deregulation that promises to improve industry performance in the short run, resolve uncertainties about the costs and benefits of deregulation, and positions the industry for more extensive deregulation in the long run should interim experimentation with deregulation, structural, and regulatory reforms make it desirable. The book integrates modern microeconomic theory with a comprehensive analysis of the economic, technical, and institutional characteristics of modern electrical power systems. It emphasizes that casual analogies to successful deregulation efforts in other sectors of the economy are an inadequate and potentially misleading basis for public policy in the electric power industry, which has economic and technical characteristics that are quite different from those in other deregulated industries. Paul L. Joskow is Professor of Economics at MIT, author of Controlling Hospital Costs(MIT Press 1981) and coauthor with Martin L. Baughman and Dilip P. Kamat of Electric Power in the United States(MIT Press 1979). Richard Schmalensee, also at MIT, is Professor of Applied Economics, author of The Economics of Advertising and The Control of Natural Monopolies, and editor of The MIT Press Series, Regulation of Economic Activity.
Author: Michael A. Crew
Publisher: Springer
ISBN: 1349087149
Category : Social Science
Languages : en
Pages : 209
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Book Description
Author: Geoffrey S. Rothwell
Publisher:
ISBN: 9780470544495
Category : Electric utilities
Languages : en
Pages : 278
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Book Description
Author: Christopher Weare
Publisher: Public Policy Instit. of CA
ISBN: 1582130647
Category : Business & Economics
Languages : en
Pages : 140
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Book Description
Author: James M. Griffin
Publisher: University of Chicago Press
ISBN: 0226308588
Category : Business & Economics
Languages : en
Pages : 453
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Book Description
The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As Electricity Deregulation shows, successful deregulation is possible, although it is by no means a hands-off process—in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the lessons learned from experiences such as California's market meltdown as well as the ill-conceived policy choices that contributed to those failures. More importantly, the essays that comprise Electricity Deregulation offer a number of innovative prescriptions for the successful design of deregulated electricity markets. Written with economists and professionals associated with each of the network industries in mind, this comprehensive volume provides a timely and astute deliberation on the many risks and rewards of electricity deregulation.
Author: Arthur Mazer
Publisher: John Wiley & Sons
ISBN: 0470118822
Category : Science
Languages : en
Pages : 341
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Book Description
As the industry environment transforms from a completely regulated setting to a broader, deregulated marketplace, new market participants must understand planning and operations of power systems to effectively participate in markets. This industry overview provides a description of utility operations and traditional planning, and then explains asset management, investment analysis, and risk management within the context of a market environment. Written to provide a broad, working knowledge of the industry, Electric Power Planning for Regulated and Deregulated Markets: Includes descriptions of generation and transmission network equipment Provides an overview of the regulatory framework, system design and systems operations for ensuring reliable delivery of power Presents system planning across different time horizons with the objective of minimizing power production costs Explains the principles and architecture of a market environment coupling operational imperatives with financial transactions Addresses approaches of various participants, including power producers, retailers, and integrated energy companies toward bidding in day ahead markets, managing risks in forward markets, portfolio development and investment analysis Provides numerous examples addressing cost minimization, price forecasting, contract valuation, portfolio risk measurement and others Examines past news events and explains what went wrong at Three Mile Island, the Northeast blackout of 2003, and the California energy crisis This is an ideal reference for professionals in the public and private power service sectors such as engineers, lawyers, systems specialists, economists, financial analysts, policy analysts, and applied mathematicians.
Author: Andrew N. Kleit
Publisher: Rowman & Littlefield
ISBN: 9780742548763
Category : Business & Economics
Languages : en
Pages : 260
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Book Description
The electricity industry, one of the largest and most vital sectors of the U.S. economy, has changed dramatically in recent years. After being heavily regulated for more than a century by authorities at all levels, deregulation is taking center stage, allowing for enormous efficiency gains. Electric Choices explores the difficult questions surrounding deregulation and urges Americans to continue the transition to a market-based model.
Author: Denise Fairchild
Publisher: Island Press
ISBN: 1610918517
Category : Science
Languages : en
Pages : 290
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Book Description
The near-unanimous consensus among climate scientists is that the massive burning of gas, oil, and coal is having cataclysmic impacts on our atmosphere and climate. These climate and environmental impacts are particularly magnified and debilitating for low-income communities and communities of color. Energy democracy tenders a response and joins the environmental and climate movement with broader movements for social and economic change in this country and around the world. Energy Democracy brings together racial, cultural, and generational perspectives to show what an alternative, democratized energy future can look like. The book will inspire others to take up the struggle to build the energy democracy movement.
Author: Judith Clifton
Publisher: Routledge
ISBN: 1317981618
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
Utilities have long been essential for societies, supplying basic services for nations, organizations and households alike. The proper functioning and regulation of utilities is therefore critical for the economy, society and security. History provides an invaluable insight into important issues of the economic and social regulation of utilities and offers guidance for future debates. However, the history of utility regulation – which speaks of changing, diverse and complex experiences around the world – was sidelined or marginalised when economists and policy-makers enthusiastically embraced the question of how to reform the utilities from the 1970s. This book examines in depth the complex regulation and deregulation of energy, communications, transportation and water utilities across Western Europe, the United States, Australia, Brazil, China and India. In each case, attention is drawn to the changing roles of the state, the market and firms in the regulation, organization and delivery of utility services. This book was originally published as a special issue of Business History.
