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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.

Electric utilities -- Deregulation -- United States. --- Electric utilities - Deregulation - United States. --- Electric utilities -- Deregulation. --- Electric utilities. --- Electric utilities --- Deregulation --- E-books --- electric, regulations, academic, scholarly, research, market, marketplace, electrical, power, grid, industry, industrial, price, cost, savings, money, monetary, economics, economy, finance, financial, oversight, academia, government, interdisciplinary, experts, business, california, case study, essay collection, policy, advice, industries, career, professional.

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The electric utility industry in the US is technologically complex, and its structure as a classic network industry makes it intricate in business terms as well, so deregulation of such a complicated industry was a particularly detailed process. Steve Isser provides a detailed and comprehensive analysis of the history of the transformation of this complex industry from the 1978 Energy Policy Act to the present, covering the economic, legal, regulatory, and political issues and controversies in the transition from regulated utilities to competitive electricity markets. The book is a multidisciplinary study that includes a comprehensive review of the economic literature on electricity markets, the political environment of electricity policymaking, administrative and regulatory rulemaking, and the federal case law that restrained state and federal regulation of electricity. Dr Isser offers a valuable case study of the pitfalls and problems associated with the deregulation of a complex network industry.

Electric utilities -- Deregulation -- United States -- History. --- Electric utilities -- Law and legislation -- United States -- History. --- Electric utilities -- United States -- History. --- Electric Utilities --- Electric utilities --- Business & Economics --- Industries --- Electric companies --- Electric light and power industry --- Electric power industry --- Electric industries --- Energy industries --- Public utilities --- History --- Deregulation --- Law and legislation --- Deregulation&delete& --- Law and legislation&delete& --- E-books --- History.

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