From Regulation to Competition: New frontiers in electricity markets by Michael A. Einhorn

Business & Money | Industries
From Regulation to Competition: New frontiers in electricity markets
Title:
From Regulation to Competition: New frontiers in electricity markets
Author:
Michael A. Einhorn
ISBN:
0792394569
ISBN13:
978-0792394563
Size PDF:
1820 kb
Size epub:
1698 kb
Publisher:
Springer; 1994 edition (October 31, 1994)
Language:
English
Other formats:
pdf, odf, mobi, cb7, azw, lit, ibooks
Rating:
3.8
Votes:
417
Electric utilities throughout the world continue to face new challenges involving ownership, market structure, and regulation. There are three related issues at hand. First, should ownership be private or public? Second, what operations should be integrated and where is competition feasible? Third, where is regulation necessary and can it be made more efficient? This volume bears directly upon these concerns.
The book contains two sections. The first six articles discuss the British electricity experiment that has privatized and disintegrated the nation's generation, transmission, and distribution companies, introduced market competition for power purchases, and implemented incentive regulation for monopolized transmission and distribution grids. The remaining articles focus on the theater in which significant microeconomic issues will continue to emerge, most immediately in the U.K. and U.S.A. -- the coordination and pricing of transmission.

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