[PDF] Deregulating And Regulatory Reform In The Us Electric Power Sector eBook
Deregulating And Regulatory Reform In The Us Electric Power Sector Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Deregulating And Regulatory Reform In The Us Electric Power Sector book. This book definitely worth reading, it is an incredibly well-written.
(Cont.) The structure and performance of California's competitive electricity markets are discussed in detail as an example of the applications of these principles and the challenges that electricity sector restructuring must confront. Early experience with retail competition in California, Massachusetts, and Pennsylvania is reviewed. The paper concludes with an initial assessment of the benefits and costs of electricity sector restructuring to date in the U.S. and some thoughts regarding future challenges and trends.
This timely study evaluates four generic proposals for allowing free market forces toreplace government regulation in the electric power industry and concludes that none of thederegulation alternatives considered represents a panacea for the performance failures associatedwith things as they are now. It proposes a balanced program of regulatory reform and deregulationthat promises to improve industry performance in the short run, resolve uncertainties about thecosts and benefits of deregulation, and positions the industry for more extensive deregulation inthe long run should interim experimentation with deregulation, structural, and regulatory reformsmake it desirable.The book integrates modern microeconomic theory with a comprehensive analysis ofthe economic, technical, and institutional characteristics of modern electrical power systems. Itemphasizes that casual analogies to successful deregulation efforts in other sectors of the economyare an inadequate and potentially misleading basis for public policy in the electric power industry,which has economic and technical characteristics that are quite different from those in otherderegulated industries.Paul L. Joskow is Professor of Economics at MIT, author of ControllingHospital Costs (MIT Press 1981) and coauthor with Martin L. Baughman and Dilip P. Kamat of ElectricPower in the United States (MIT Press 1979). Richard Schmalensee, also at MIT, is Professor ofApplied Economics, author of The Economics of Advertising and The Control of Natural Monopolies, andeditor of The MIT Press Series, Regulation of Economic Activity.
Author : John C. Moorhouse Publisher : Pacific Studies in Public Poli Page : 556 pages File Size : 33,66 MB Release : 1986 Category : Business & Economics ISBN :
United States. Congress. House. Committee on Science. Subcommittee on Energy and Environment
Author : United States. Congress. House. Committee on Science. Subcommittee on Energy and Environment Publisher : Page : 688 pages File Size : 50,39 MB Release : 1998 Category : Business & Economics ISBN :
The last ten years have seen many states aggressively pursuing the restructuring of their electric utilities. These reforms were motivated by a number of Federal Energy Regulatory Commission (FERC) orders which encouraged competitive markets for wholesale electric power . While the effects of these reforms on the product market (and competition) have been widely studied, there is a dearth of research examining the effect of regulatory reform on the U.S. electricity sector's labor market, which employs more than 300,000 highly skilled workers. This heavily unionized workforce is chartered with operating and maintaining the country's critical electrical infrastructure that both families and businesses rely on for their daily activities. This study contributes to our understanding of the effect of electricity deregulation by analyzing the effect these regulatory changes have had on the industries' labor market.
United States. Congress. House. Committee on Small Business. Subcommittee on Regulatory Reform and Paperwork Reduction
Author : United States. Congress. House. Committee on Small Business. Subcommittee on Regulatory Reform and Paperwork Reduction Publisher : Page : 260 pages File Size : 25,80 MB Release : 1998 Category : Business & Economics ISBN :
This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation.