The End of a Natural Monopoly

The End of a Natural Monopoly
Author: Daniel H. Cole
Publisher: Routledge
Total Pages: 258
Release: 2003-07-17
Genre: Business & Economics
ISBN: 1135697000

This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation.

Electricity Deregulation

Electricity Deregulation
Author: James M. Griffin
Publisher: University of Chicago Press
Total Pages: 453
Release: 2009-11-15
Genre: Business & Economics
ISBN: 0226308588

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.

Competitive Issues in Electricity Deregulation

Competitive Issues in Electricity Deregulation
Author: Henry J. Hyde
Publisher:
Total Pages: 164
Release: 2001-07-01
Genre:
ISBN: 9780756712440

Witnesses: John Anderson, Consumers for Fair Competition; Glenn English, Nat. Rural Electric Coop. Assoc.; Kellan Fluckiger, CA Independent System Operator; T.J. Glauthier, U.S. Dept. of Energy; Kenneth Hegemann, Amer. Public Power Assoc.; Jim McGlynn, Nat. Electric Contractors Assoc. and the Nat. Alliance for Fair Competition; Douglas Melamed, U.S. Dept. of Justice; Mike Naeve, Skadden, Arps, Slate, Meagher and Flom; Douglas Smith, Federal Energy Reg. Comm.; Jim Sullivan, Nat., Assoc. of Regulatory Utility Comm.; Mozelle Thompson, FTC; and Michael Travieso, Nat. Assoc. of State Utility Consumer Advocates.

Energy Deregulation

Energy Deregulation
Author: California. Bureau of State Audits
Publisher:
Total Pages: 110
Release: 2001
Genre: Energy industries
ISBN:

Making Competition Work in Electricity

Making Competition Work in Electricity
Author: Sally Hunt
Publisher: John Wiley & Sons
Total Pages: 467
Release: 2002-10-01
Genre: Business & Economics
ISBN: 0471266027

An expert's perspective on how competition can make this industry work. There has never been a coherent plan to restructure the electricity industry in the USâ??until now. Power expert Sally Hunt gets down to the critical lessons learned from the California power crisis and other deregulated markets, in which competition has been introduced properly and successfully. Hunt presents sensible solutions to power market reform that have been cultivated over her twenty years of professional work in the industry. Sally Hunt (New York, NY) spent twenty years at National Economic Research Associates, where she was head of NERA's U.S. energy practice and a member of the board. Coauthor of Competition and Choice in Electricity with Graham Shuttleworth (0471957828), she has served as Corporate Economist at Con Edison, Deputy Director of the New York City Energy Office, and Assistant Administrator of the New York City Environmental Protection Administration. Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management,asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.

Pricing in Competitive Electricity Markets

Pricing in Competitive Electricity Markets
Author: Ahmad Faruqui
Publisher: Springer Science & Business Media
Total Pages: 463
Release: 2012-12-06
Genre: Business & Economics
ISBN: 1461545293

Electricity markets are being deregulated or face new regulatory frameworks. In such changing markets, new pricing strategies will need to consider such factors as cost, value of service and pricing by objective. Pricing in Competitive Electricity Markets introduces a new family of pricing concepts, methodologies, models, tools and databases focused on market-based pricing. This book reviews important theoretical pricing issues as well as practical pricing applications for changing electricity markets.

From Regulation to Competition: New frontiers in electricity markets

From Regulation to Competition: New frontiers in electricity markets
Author: Michael A. Einhorn
Publisher: Springer Science & Business Media
Total Pages: 286
Release: 2012-12-06
Genre: Business & Economics
ISBN: 9401113688

Electric utilities throughout the world continue to face new challenges involving ownership, market structure, and regulation. There are three related issues at hand. First, should ownership be private or public? Second, what operations should be integrated and where is competition feasible? Third, where is regulation necessary and can it be made more efficient? This volume bears directly upon these concerns. The book contains two sections. The first six articles discuss the British electricity experiment that has privatized and disintegrated the nation's generation, transmission, and distribution companies, introduced market competition for power purchases, and implemented incentive regulation for monopolized transmission and distribution grids. The remaining articles focus on the theater in which significant microeconomic issues will continue to emerge, most immediately in the U.K. and U.S.A. -- the coordination and pricing of transmission.