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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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This book assesses experience in reforming electricity markets in OECD countries over the past decade, focusing on the issues that are critical for successful liberalisation. Experiences and examples in the study are drawn mainly from the UK, Australian, Nordic and North Eastern United States (the PJM interconnection) markets, which have all operated with considerable success for a number of years. The issues covered in the study are: the rationale and benefits of liberalisation; the governance required to create effective competition; the role of prices and transparent wholesale markets; consumer protection; incentives for investment, and impact of addressing security of supply and environmental policy.
Electric utilities -- Deregulation -- Case studies. --- Electric utilities -- Government policy -- Case studies. --- Privatization -- Case studies. --- Electric utilities --- Privatization --- Deregulation --- Government policy --- Electric companies --- Electric light and power industry --- Electric power industry --- Electric industries --- Energy industries --- Public utilities --- Services publics d'électricité --- Privatisation --- Case studies. --- Déréglementation --- Politique gouvernementale --- Cas, Etudes de
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Electric utilities --- Deregulation --- -621.316 --- Electric companies --- Electric light and power industry --- Electric power industry --- Electric industries --- Energy industries --- Public utilities --- -Distribution and regulation of electric energy. Switching. Commutation. Circuit-breaking. Protection --- 621.316 Distribution and regulation of electric energy. Switching. Commutation. Circuit-breaking. Protection --- Distribution and regulation of electric energy. Switching. Commutation. Circuit-breaking. Protection --- 621.316 --- Electric utilities - Deregulation - United States
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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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With the global demand for energy skyrocketing, over the past twenty years many countries have restructured their electric power industries, typically moving from a regulated monopoly to a competitive market structure. The results of these reforms vary significantly from country to country depending on the market organization model and national conditions. This book examines the restructuring in both developed and developing nations, with particular focus on the United States, Great Britain, China, and Russia, and addresses the problems arising from these transitions. The book also contains a comprehensive analysis of different electricity market models and their compatibility with the properties of electric power systems and country conditions. As the most thorough and up to date analysis of the theory and practical experience of electricity deregulation, this book is a must-read for academics, students and researchers with an interest in electric power industry restructuring. It also has direct relevance for engineers, regulators and other decision makers in companies and governmental agencies concerned with energy issues.
Electric power systems. --- Electric utilities -- Deregulation. --- Electric utilities -- Government policy. --- Electric Utilities --- Electric power systems --- Electric utilities --- Business & Economics --- Industries --- Economic Theory --- Deregulation --- Government policy --- Power systems, Electric --- Systems, Electric power --- Electric power production. --- Economic policy. --- Development economics. --- Economics. --- Economic Policy. --- R & D/Technology Policy. --- Energy Technology. --- Development Economics. --- Electric power production --- Energy Systems. --- Economics --- Economic development --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy --- Energy systems.
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This book offers a most comprehensive characterization of the historical, institutional and economic forces affecting electricity regulation. Eminent economists organized by the University of California Energy Institute survey the USA, UK, Scandinavia, Latin America, France, Germany, Japan, Canada, New Zealand and Yugoslavia. Recent experiments with privatization, competition and restructuring in electricity are contrasted with instances where government ownership and traditional vertical integration still dominate. The introductory essay by Richard J. Gilbert, Edward P. Kahn and David Newbery synthesizes individual country studies. In any regulatory system, the government must bargain with investors and consumers to satisfy conflicting interests. The opacity of information about cost constrains this process. Governments also impose multiple political and economic objectives on the electricity industry, which further obscures cost conditions. Privatization and deregulation tend to reverse these effects. Few countries, however, have managed to sustain private ownership in the long run.
621.311 --- 621.311 Power generation and supply. Power stations. Power supply systems, equipment, layout. Electrification schemes --- Power generation and supply. Power stations. Power supply systems, equipment, layout. Electrification schemes --- Electric utilities --- Electric companies --- Electric light and power industry --- Electric power industry --- Electric industries --- Energy industries --- Public utilities --- Deregulation --- Government ownership --- Government policy --- Privatization --- Case studies --- Electric utilities - Government policy - Case studies. --- Electric utilities - Deregulation - Case studies. --- Electric utilities - Government ownership - Case studies. --- Business, Economy and Management --- Economics --- Electric utilities - Privatization - Case studies. --- Regulation
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Industrial economics --- Relation between energy and economics --- Europe --- Electric utilities --- Deregulation --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- 338.753.2 --- 385.23 --- 334.151.7 --- Electric power --- -Electric utilities --- -333.7932 --- Electric companies --- Electric light and power industry --- Electric power industry --- Electric industries --- Energy industries --- Public utilities --- Electric power supply --- Power supply, Electric --- Power resources --- Elektrische energie. --- Andere vervoermiddelen over land: pijpleidingen; vervoer van olie, gas, elektriciteit, water. --- EG : industrieel- en energiebeleid. --- Economics --- -Deregulation --- -EEC / European Union - EU -Europese Unie - Union Européenne - UE --- -Industrial economics --- Elektrische energie --- Andere vervoermiddelen over land: pijpleidingen; vervoer van olie, gas, elektriciteit, water --- EG : industrieel- en energiebeleid --- Electric utilities - Europe --- Electric utilities - Deregulation - Europe --- -Electric utilities - Europe --- -Economics
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This 1998 book addresses deregulatory policies that threaten to reduce or destroy the value of private property in network industries without any accompanying payment of just compensation, policies that are termed 'deregulatory takings'. The authors further consider the problem of renegotiation of the regulatory contract, which changes the terms and conditions of operation of utility companies. They argue that constitutional protections of private property from takings, as well as efficient remedies for contractual breach, provide the proper foundation for the competitive transformation of the network industries. The benefits of competition do not stem from government regulations that redistribute income from utility investors to customers, nor do such benefits stem from regulatory policies for network access that promote free riding on incumbent facilities by entrants. Such actions represent a new version of increased regulation, not deregulation.
Telecommunication --- Electric utilities --- Public utilities --- Right of property --- Breach of contract --- Télécommunications --- Services publics d'électricité --- Services publics --- Droit de propriété --- Inexécution --- Deregulation --- Law and legislation --- Déréglementation --- Droit --- Télécommunications --- Services publics d'électricité --- Droit de propriété --- Inexécution --- Déréglementation --- Business, Economy and Management --- Economics --- Industrial economics --- Public economics --- Telecommunication services --- United States --- Telecommunication - Deregulation - United States --- Telecommunication - Law and legislation - United States --- Electric utilities - Deregulation - United States --- Electric utilities - Law and legislation - United States --- Public utilities - Deregulation - United States --- Public utilities - Law and legislation - United States --- Right of property - United States --- Breach of contract - United States --- Economic liberties (U.S. Constitution) --- Municipal utilities --- Public-service corporations (Public utilities) --- Utilities, Public --- Utility companies --- Municipal franchises --- United States of America
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Electric power distribution -- United States. --- Electric utilities -- Deregulation -- United States. --- Power resources -- United States. --- Smart power grids. --- Electric Utilities --- Electric power distribution --- Power resources --- Smart power grids --- Business & Economics --- Industries --- Deregulation --- Electric utilities --- Smart grids (Electric power distribution) --- Grids, Smart power --- Power grids, Smart --- Automation --- United States. --- AB --- ABSh --- Ameerika Ühendriigid --- America (Republic) --- Amerika Birlăshmish Shtatlary --- Amerika Birlăşmi Ştatları --- Amerika Birlăşmiş Ştatları --- Amerika ka Kelenyalen Jamanaw --- Amerika Qūrama Shtattary --- Amerika Qŭshma Shtatlari --- Amerika Qushma Shtattary --- Amerika (Republic) --- Amerikai Egyesült Államok --- Amerikanʹ Veĭtʹsėndi͡avks Shtattn --- Amerikări Pĕrleshu̇llĕ Shtatsem --- Amerikas Forenede Stater --- Amerikayi Miatsʻyal Nahangner --- Ameriketako Estatu Batuak --- Amirika Carékat --- AQSh --- Ar. ha-B. --- Arhab --- Artsot ha-Berit --- Artzois Ha'bris --- Bí-kok --- Ē.P.A. --- EE.UU. --- Egyesült Államok --- ĒPA --- Estados Unidos --- Estados Unidos da América do Norte --- Estados Unidos de América --- Estaos Xuníos --- Estaos Xuníos d'América --- Estatos Unitos --- Estatos Unitos d'America --- Estats Units d'Amèrica --- Ètats-Unis d'Amèrica --- États-Unis d'Amérique --- Fareyniḳṭe Shṭaṭn --- Feriene Steaten --- Feriene Steaten fan Amearika --- Forente stater --- FS --- Hēnomenai Politeiai Amerikēs --- Hēnōmenes Politeies tēs Amerikēs --- Hiwsisayin Amerikayi Miatsʻeal Tērutʻiwnkʻ --- Istadus Unidus --- Jungtinės Amerikos valstybės --- Mei guo --- Mei-kuo --- Meiguo --- Mî-koet --- Miatsʻyal Nahangner --- Miguk --- Na Stàitean Aonaichte --- NSA --- S.U.A. --- SAD --- Saharat ʻAmērik --- SASht --- Severo-Amerikanskie Shtaty --- Severo-Amerikanskie Soedinennye Shtaty --- Si͡evero-Amerikanskīe Soedinennye Shtaty --- Sjedinjene Američke Države --- Soedinennye Shtaty Ameriki --- Soedinennye Shtaty Severnoĭ Ameriki --- Soedinennye Shtaty Si͡evernoĭ Ameriki --- Spojené obce severoamerick --- Spojené staty americk --- SShA --- Stadoù-Unanet Amerika --- Stáit Aontaithe Mheirice --- Stany Zjednoczone --- Stati Uniti --- Stati Uniti d'America --- Stâts Unîts --- Stâts Unîts di Americhe --- Steatyn Unnaneysit --- Steatyn Unnaneysit America --- SUA --- Sŭedineni amerikanski shtati --- Sŭedinenite shtati --- Tetã peteĩ reko Amérikagua --- U.S. --- U.S.A. --- United States of America --- Unol Daleithiau --- Unol Daleithiau America --- Unuiĝintaj Ŝtatoj de Ameriko --- US --- USA --- Usono --- Vaeinigte Staatn --- Vaeinigte Staatn vo Amerika --- Vereinigte Staaten --- Vereinigte Staaten von Amerika --- Verenigde State van Amerika --- Verenigde Staten --- VS --- VSA --- Wááshindoon Bikéyah Ałhidadiidzooígí --- Wilāyāt al-Muttaḥidah --- Wilāyāt al-Muttaḥidah al-Amirīkīyah --- Wilāyāt al-Muttaḥidah al-Amrīkīyah --- Yhdysvallat --- Yunaeted Stet --- Yunaeted Stet blong Amerika --- ZDA --- Združene države Amerike --- Zʹi͡ednani Derz͡havy Ameryky --- Zjadnośone staty Ameriki --- Zluchanyi͡a Shtaty Ameryki --- Zlucheni Derz͡havy --- ZSA --- ABŞ --- Amerikanʹ Veĭtʹsėndi͡avks Shtattnė --- É.-U. --- ÉU --- Saharat ʻAmērikā --- Spojené obce severoamerické --- Spojené staty americké --- Stáit Aontaithe Mheiriceá --- Wááshindoon Bikéyah Ałhidadiidzooígíí
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