1st Edition

Deregulation, Innovation and Market Liberalization Electricity Regulation in a Continually Evolving Environment

By L. Lynne Kiesling Copyright 2009
200 Pages 6 B/W Illustrations
by Routledge

208 Pages 6 B/W Illustrations
by Routledge

208 Pages 6 B/W Illustrations
by Routledge

Over the past 50 years the US economy has experienced economic dynamism and technological change at a dizzying pace, driven substantially by innovation in digital communication technology. This dynamism has had limited effects in the electricity industry, and institutional change within the industry to adapt to these changes has been variable. Many states in the U.S. do not participate in open... Read more

TABLE of Contents

Chapter 1: Introduction

 

Chapter 2: A Brief History and Theory of Electric Utility Regulation in the United States

 

Chapter 3: A Decentralized Coordination Framework for Analyzing Regulatory Institutions

 

Chapter 4: Rethinking Retail Regulation: Enabling Active Demand and Retail Choice

 

Chapter 5: Organizational Form and the Wires

 

Chapter 6: Network Reliability and Short-Term Security: Decentralized Coordination Using Demand as a Resource

 

Chapter 7: Reliability, Resource Adequacy, and Capacity Markets

 

Chapter 8: Is Network Reliability A Public Good?

 

Chapter 9: Facilitating Technology-Enabled Decentralized Coordination

Biography

L. Lynne Kiesling is Senior Lecturer at the Department of Economics and Kellogg School of Management at Northwestern University.

"Kiesling makes a strong case for a radical rethinking of electricity regulation based on insights from the Austrian School, complexity science, and the new institutional economics. … A timely volume for those interested in the electricity industry." – CHOICE (April 2009); R. C. Singleton, University of Puget Sound