1st Edition
Alternating Currents Electricity Markets and Public Policy
224 Pages
by
Routledge
224 Pages
by
Routledge
Also available as eBook on:
Many states within the U.S., and many countries across the world, are opening their electicity markets to competition. Many others are uncertain about their plans. These differences emphasize the complexities involved in the technology and regulatory structure of the electricity industry--an industry for which the introduction of market competition has been notoriously difficult. In response to... Read more
Preface
Introduction
1. Issues in Restructuring the Electricity Industry
Part I: How the Industry Got Here
2. Understand the Electricity Industry
3. From Regulation to Competition
4. International and U.S. Restructuring Experiences
5. The California Experience
Part II: Current Policy Issues
6. Competition in Energy, Regulation of Wires
7. Vertical Restructuring
8. Regulating Rates for Transmission and Distribution
9. Encouraging Competition
10. Balancing Loads and Dispatching Power
11. Ensuring Reliability in a Competitive Market
12. State and Federal Roles
13. Public Power's Role after Restructuring
14. Covering Stranded Costs
15. Restructuring and Environmental Protection
16. Public Purpose Programs in a Competitive Market
Part III: The Future
17. Prospects for Restructuring
Supplemental Reading
Index
Biography
Timothy J. Brennan is a professor of policy sciences and economics at the University of Maryland, Baltimore County and a senior fellow at Resources for the Future (RFF). Karen L. Palmer is a senior fellow at RFF. Both Brennan and Palmer are coauthors of A Shock to the System: Restructuring America's Electricity Industry (1996). Salvador A. Martinez is a Ph.D. student in the Department of Economics at the University of Florida.
'An even better primer than Shock . . . excellent, balanced description of California Energy crisis. The best available introduction to electricity marketing restructuring.' Regulation 'This book belongs on the shelf of any stakeholder in the restructuring debate - and every journalist who reports on it.' Electricity Daily
