Alternating Currents: Electricity and Public Policy / Edition 1

Alternating Currents: Electricity and Public Policy / Edition 1

by Timothy J. Brennan, Karen L. Palmer, Salvador A. Martinez
     
 

ISBN-10: 1891853074

ISBN-13: 9781891853074

Pub. Date: 03/28/2002

Publisher: Taylor & Francis

Many states within the U.S., and many countries across the world, are opening their electicity markets to competition. Many others are uncertain about their plans. These differences emphasize the complexities involved in the technology and regulatory structure of the electricity industry—an industry for which the introduction of market competition has been

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Overview

Many states within the U.S., and many countries across the world, are opening their electicity markets to competition. Many others are uncertain about their plans. These differences emphasize the complexities involved in the technology and regulatory structure of the electricity industry—an industry for which the introduction of market competition has been notoriously difficult. In response to these challenges, Alternating Currents provides a timely overview and analysis of the concerns facing industry regulators, legislators, and others as they consider whether, when, and how to open electricity markets. Authors Brennan, Palmer, and Martinez offer background on the history of regulatory policy and the technology for producing and delivering electric power. They then provide insights into the policy debates and economic issues involved in eleven important topics, including industry structure, system integrity and reliability, the mitigation of market power, and environmental protection. Alternating Currents describes the recent events leading to the demise of retail competition in California with the intent on drawing lessons for the future. In the end, the authors offer their perspective about what makes electricity a unique resource and how those factors make the potential conflict between competition and reliability the most pressing of the long-term concerns about the transformation of the electric power industry.

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Product Details

ISBN-13:
9781891853074
Publisher:
Taylor & Francis
Publication date:
03/28/2002
Series:
RFF Press Ser.
Edition description:
1
Pages:
226
Product dimensions:
7.38(w) x 9.28(h) x 0.43(d)

Table of Contents

Preface
Introduction
1. Issues in Restructuring the Electricity Industry
Part I: How the Industry Got Here
2. Understand the Electricity Industry
3. From Regulation to Competition
4. International and U.S. Restructuring Experiences
5. The California Experience
Part II: Current Policy Issues
6. Competition in Energy, Regulation of Wires
7. Vertical Restructuring
8. Regulating Rates for Transmission and Distribution
9. Encouraging Competition
10. Balancing Loads and Dispatching Power
11. Ensuring Reliability in a Competitive Market
12. State and Federal Roles
13. Public Power's Role after Restructuring
14. Covering Stranded Costs
15. Restructuring and Environmental Protection
16. Public Purpose Programs in a Competitive Market
Part III: The Future
17. Prospects for Restructuring
Supplemental Reading
Index

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