Electric choices : deregulation and the future of electric power
著者
書誌事項
Electric choices : deregulation and the future of electric power
Independent Institute , Rowman & Littlefield, c2007
- : cloth
- : pbk
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注記
Includes bibliographical references and index
内容説明・目次
内容説明
Electricity is one of the largest and most vital industries in the U.S. economy, with sales exceeding $200 billion annually. While electricity represents the backbone of commerce, industry, and household production, the structure of the industry has been changing in rather dramatic ways. After being heavily regulated for more than a century by local, state, regional, and federal authorities, deregulation is taking center stage. In general, deregulation results in lower prices, more product choices, and more rapid technological advances. Conversely, rate regulation has inherent flaws, including the encouragement of waste and inefficiency, and a retarding of innovation. There is little doubt to the contributors of this book that putting regulation aside offers enormous efficiency gains in the production of electricity. But can market forces handle the delicate matter of transmitting electricity when the simple model of supply and demand must be more precise than other goods and services? How much regulation does the electric industry need? The essays in this timely collection explore these difficult questions and propose a new, market-based plan to improve America's electrical future. Published in cooperation with The Independent Institute.
目次
Chapter 1 1 Introduction Chapter 2 2 Can Electricity Restructuring Survive? Lessons from California and Pennsylvania Chapter 3 3 The Role of Retail Pricing in Electricity Restructuring Chapter 4 4 Using Experiments to Inform the Privatization/Deregulation Movement in Electricity Chapter 5 5 The Alberta Experience Chapter 6 6 Transactions Costs and the Organization of Coordination Activities in Power Markets Chapter 7 7 Market-Based Transmission Investments and Competitive Electricity Markets Chapter 8 8 Checking for Market Power in Electricity: The Perils of Price-Cost Margins Chapter 9 9 The Role of Distributed Energy Resources in a Restructured Power Industry Chapter 10 10 Blackout Economics
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