Electric Utility Mergers And Regulatory Policy
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Author | : Scott Hempling |
Publisher | : Edward Elgar Publishing |
Total Pages | : 576 |
Release | : 2020-10-30 |
Genre | : Law |
ISBN | : 1839109467 |
What happens when electric utility monopolies pursue their acquisition interests—undisciplined by competition, and insufficiently disciplined by the regulators responsible for replicating competition? Since the mid-1980s, mergers and acquisitions of U.S. electric utilities have halved the number of local, independent utilities. Mostly debt-financed, these transactions have converted retiree-suitable investments into subsidiaries of geographically scattered conglomerates. Written by one of the U.S.’s leading regulatory thinkers, this book combines legal, accounting, economic and financial analysis of the 30-year march of U.S. electricity mergers with insights from the dynamic field of behavioral economics.
Author | : Texas |
Publisher | : |
Total Pages | : |
Release | : 2007 |
Genre | : Public utilities |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 76 |
Release | : 1992 |
Genre | : Consolidation and merger of corporations |
ISBN | : |
Author | : Mark W. Frankena |
Publisher | : Bloomsbury Publishing USA |
Total Pages | : 200 |
Release | : 1994-07-30 |
Genre | : Science |
ISBN | : 031338861X |
Competition in the generation, transmission, and distribution of electricity is of increasing interest to policy makers as well as to buyers and sellers of power. The use of competition as a social policy tool to benefit consumers carries the necessity of preserving competition when it is threatened by mergers or other structural changes. The work explains central principles of antitrust economics and applies them to mergers in the electric power industry. This work focuses on mergers, but the economic principles explained here will be useful in analyzing many important issues flowing from growth of competition in electric power. For example, proper definition of markets and analysis of market power will be useful in decisions on whether to continue regulation.
Author | : Matthew H. Brown |
Publisher | : National Council of Teachers of English |
Total Pages | : 90 |
Release | : 2004 |
Genre | : Technology & Engineering |
ISBN | : |
Author | : Lowell Alt |
Publisher | : Lulu.com |
Total Pages | : 151 |
Release | : 2006-08-01 |
Genre | : Business & Economics |
ISBN | : 1411689593 |
A Practical Guide to the Retail Rate Setting Process for Regulated Electric and Natural Gas Utilities. This book explains how the traditional rate-setting process is commonly done for energy utilities. This book includes a discussion of revenue requirement, rate base, cost of capital, expenses, revenues, rate-making objectives, cost of service studies, rate design, the rate case process, tariff policies, metering, service quality and other types of cases affecting rates. The book concludes with a numerical example showing the calculation steps from revenue requirement to rate design.
Author | : United States. Congress. Senate. Committee on Energy and Natural Resources |
Publisher | : |
Total Pages | : 112 |
Release | : 2008 |
Genre | : Competition |
ISBN | : |
Author | : Scott Hempling |
Publisher | : |
Total Pages | : 0 |
Release | : 2013 |
Genre | : Public utilities |
ISBN | : 9781627222921 |
Organizing a century of legal principles to help the U.S. public utility industry resolve tensions created by the current legal boundaries of legal regulation and fashion new policies for the future. Its mix of case narratives and doctrine, drawn from all legal sources, is geared to lawyers and non-lawyers, veterans and novices, practitioners and decision-makers, academics and the media--anyone seeking to use the law to serve the public interest. Topics covered include market structure, pricing, and jurisdictional issues.
Author | : United States. Congress. House. Committee on Interstate and Foreign Commerce |
Publisher | : |
Total Pages | : 1628 |
Release | : 1935 |
Genre | : Holding companies |
ISBN | : |
Author | : Peter Fox-Penner |
Publisher | : Harvard University Press |
Total Pages | : 457 |
Release | : 2020-05-19 |
Genre | : Business & Economics |
ISBN | : 0674245628 |
As the electric power industry faces the challenges of climate change, technological disruption, new market imperatives, and changing policies, a renowned energy expert offers a roadmap to the future of this essential sector. As the damaging and costly impacts of climate change increase, the rapid development of sustainable energy has taken on great urgency. The electricity industry has responded with necessary but wrenching shifts toward renewables, even as it faces unprecedented challenges and disruption brought on by new technologies, new competitors, and policy changes. The result is a collision course between a grid that must provide abundant, secure, flexible, and affordable power, and an industry facing enormous demands for power and rapid, systemic change. The fashionable solution is to think small: smart buildings, small-scale renewables, and locally distributed green energy. But Peter Fox-Penner makes clear that these will not be enough to meet our increasing needs for electricity. He points instead to the indispensability of large power systems, battery storage, and scalable carbon-free power technologies, along with the grids and markets that will integrate them. The electric power industry and its regulators will have to provide all of these, even as they grapple with changing business models for local electric utilities, political instability, and technological change. Power after Carbon makes sense of all the moving parts, providing actionable recommendations for anyone involved with or relying on the electric power system.