Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication

Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication
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.

Electric Utility Mergers

Electric Utility Mergers
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.

The Law of Distributed Generation

The Law of Distributed Generation
Author: Sarah A.W. Fitts
Publisher:
Total Pages:
Release: 2020
Genre: Distributed generation of electric power
ISBN: 9781641056557

"The transformation of the electric grid from the traditional central station model to a more dynamic and interconnected system of distributed generation and distribution is a huge change in our lives, and yet one that is barely noticeable in day-to-day life unless you actually are looking for it. If you are looking, though, the rate of change is breathtaking. I know this first hand because in the roughly three years we have been working on this book the landscape already has evolved dramatically. In this time, topics we thought were interesting, such as battery storage, became drivers to the discussion while other topics faded in relevance. Indeed, one of the challenges of writing this book is our effort to assemble information that would remain interesting and useful to readers even as the technology and the law advanced. With the help of all of the authors and other contributors to this project, I think we have achieved this"--

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 Restructuring

Electricity Restructuring
Author: John Carlson
Publisher: Nova Publishers
Total Pages: 152
Release: 2002
Genre: Business & Economics
ISBN: 9781590332214

Five essays examine issues of restructuring of electricity markets and regulations. The authors generally acknowledge that total deregulation could have disastrous consequences and promote a hybrid restructuring that takes into account certain concerns related to air pollution and consumer rights. Also included are abstracts of 18 journal papers on the same topic. Annotation copyrighted by Book News, Inc., Portland, OR