Economic Regulation and Its Reform

Economic Regulation and Its Reform PDF Author: Nancy L. Rose
Publisher: University of Chicago Press
ISBN: 022613816X
Category : Business & Economics
Languages : en
Pages : 619

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Book Description
The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Economic Regulation and Its Reform

Economic Regulation and Its Reform PDF Author: Nancy L. Rose
Publisher: University of Chicago Press
ISBN: 022613816X
Category : Business & Economics
Languages : en
Pages : 619

Get Book Here

Book Description
The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Regulation of the Power Sector

Regulation of the Power Sector PDF Author: Ignacio J. Pérez-Arriaga
Publisher: Springer Science & Business Media
ISBN: 1447150341
Category : Business & Economics
Languages : en
Pages : 735

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Book Description
Regulation of the Power Sector is a unified, consistent and comprehensive treatment of the theories and practicalities of regulation in modern power-supply systems. The need for generation to occur at the time of use occasioned by the impracticality of large-scale electricity storage coupled with constant and often unpredictable changes in demand make electricity-supply systems large, dynamic and complex and their regulation a daunting task. Arranged in four parts, this book addresses both traditional regulatory frameworks and also liberalized and re-regulated environments. First, an introduction gives a full characterization of power supply including engineering, economic and regulatory viewpoints. The second part presents the fundamentals of regulation and the third looks at the regulation of particular components of the power sector in detail. Advanced topics and subjects still open or subject to dispute form the content of Part IV. In a sector where regulatory design is the key driver of both the industry efficiency and the returns on investment, Regulation of the Power Sector is directed at regulators, policy decision makers, business managers and researchers. It is a pragmatic text, well-tested by the authors’ quarter-century of experience of power systems from around the world. Power system professionals and students at all levels will derive much benefit from the authors’ wealth of blended theory and real-world-derived know-how.

Electricity Regulation

Electricity Regulation PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Electric power transmission
Languages : en
Pages : 52

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Book Description


Electricity Regulation

Electricity Regulation PDF Author: United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 206

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Book Description


Policy, Regulation and Innovation in China's Electricity and Telecom Industries

Policy, Regulation and Innovation in China's Electricity and Telecom Industries PDF Author: Loren Brandt
Publisher: Cambridge University Press
ISBN: 1108480993
Category : Business & Economics
Languages : en
Pages : 529

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Book Description
Openness and competition sparked major advances in Chinese industry. Recent policy reversals emphasizing indigenous innovation seem likely to disappoint.

Handbook on Electricity Markets

Handbook on Electricity Markets PDF Author: Glachant, Jean-Michel
Publisher: Edward Elgar Publishing
ISBN: 1788979958
Category : Business & Economics
Languages : en
Pages : 672

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Book Description
With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.

Electricity Regulation

Electricity Regulation PDF Author:
Publisher: DIANE Publishing
ISBN: 9780788103575
Category : Law
Languages : en
Pages : 68

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Book Description
A review of the Federal Energy Regulatory Commission's (FERC) processing of applications for the approval of proposed wholesale electricity transactions. Identifies factors affecting the time that FERC takes to process electric power applications; the potential effects of the 1992 act on FERC's work load; and potential procedural changes that could reduce the time needed to decide on applications. Charts and tables.

Electricity Network Regulation in the EU

Electricity Network Regulation in the EU PDF Author: Leonardo Meeus
Publisher: Edward Elgar Publishing
ISBN: 1786436094
Category : Business & Economics
Languages : en
Pages : 179

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Book Description
The UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted throughout the EU. This model worked well, particularly in the context of limited investment and innovation, a single and strong regulatory authority, and limited coordination between foreign grid operators. This enlightening book shows that since 2010 the whole context has changed and regulation has had to catch-up and evolve. The EU is entering a wave of investment, and an era of new services and innovation which has created growing tensions between national regulatory authorities in terms of coordinating technical standards and distribution systems. This is being played out against an increasingly disruptive backdrop of digitzation, new market platforms and novel business models.

Electricity Economics

Electricity Economics PDF Author: Geoffrey S. Rothwell
Publisher: Wiley-IEEE Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Written originally as a manual for the Federal Energy Commission to train regional rate regulators, this is a clear, comprehensive primer on the principles of economics and finance underlying the regulation of electricity markets and the deregulation of electricity generation.

Electric Utility Planning and Regulation

Electric Utility Planning and Regulation PDF Author: Edward Kahn
Publisher:
ISBN: 9780918249074
Category : Electric utilities
Languages : en
Pages : 339

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Book Description