Alternating Currents
Electricity and Public Policy
Resources for the Future Press (RFF Press)
Published on 11. March 2002
Book
Hardback
210 pages
978-1-891853-52-4 (ISBN)
Description
Many US states, as well as many countries, are opening their electric power markets to competition. Others, in response to the crisis in California, have ruled out competition. This book provides an overview of the major issues facing industry regulators, legislators and others as they consider whether, when, and how to open electricity markets. The authors begin with background on the electric power industry, including the technology for producing and delivering power, the history of regulatory policy and an analysis of recent experiences with restructuring. They then provide insights into the policy debates and economic issues, including industry structure, future regulation, system integrity and reliability, the mitigation of market power and environmental protection. The book describes the recent events leading to the demise of retail competition in California in order to extract lessons for future attempts at deregulation. It offers perspectives on what makes electricity a unique resource and what makes the potential conflict between competition and reliability the most pressing of the long-term concerns for the electricity industry.
More details
Series
Language
English
Place of publication
Washington
United States
Publishing group
Taylor & Francis Inc
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 229 mm
Width: 152 mm
Weight
585 gr
ISBN-13
978-1-891853-52-4 (9781891853524)
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Schweitzer Classification
Persons
Timothy J. Brennan is a senior fellow at Resources for the Future and a professor of policy sciences and economics at the University of Maryland, Baltimore County. Karen L. Palmer is a senior fellow at Resources for the Future. Brennan and Palmer are coauthors of A Shock to the System: Restructuring America's Electricity Industry (1996). Salvador A. Martinez is a former research assistant at Resources for the Future. He is currently in the department of economics at the University of Florida.