Author: Tōru HattoriPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 90
Book Description
An Empirical Analysis of the Transition to Retail Competition in the U.S. Electricity Industry
Author: Tōru HattoriPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 90
Book Description
The Difficult Transition to Competitive Electricity Markets in the U.S.
Author: Paul L. JoskowPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 81
Book Description
This paper provides a comprehensive discussion of the causes and consequences of state and federal initiatives to introduce wholesale and retail competition into the U.S. electricity sector between 1995 and the present. Information about the development of wholesale market institutions, the expansion of wholesale power trade, the performance of wholesale market institutions, the entry of merchant generating capacity, and the financial collapse of the trading and merchant generating sector is presented and discussed. Issues regarding the ability of evolving spot wholesale energy market institutions and market power mitigation mechanisms to provide adequate incentives for investment in new generating capacity in the absence of some form of peak capacity obligation are discussed theoretically and evaluated empirically. The diffusion of retail competition and the performance of retail competition programs in eight states is examined empirically. Imperfections in transmission governance arrangements and barriers to efficient expansion of the transmission network are identified. The analysis leads to the overall conclusion that the development of efficient competitive wholesale and retail electricity markets continues to be a work in progress and faces many technical, institutional and political challenges in the U.S. Suggestions for successfully confronting, or at least better understanding, these challenges are presented.
Retail Electricity Competition
Author: United States. Congress. Senate. Committee on Energy and Natural ResourcesPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 98
Book Description
Markets for Power in the United States
Author: Paul L. JoskowPublisher:
ISBN:
Category :
Languages : en
Pages : 47
Book Description
The transition to competitive wholesale and retail markets for electricity in the U.S. has been a difficult and contentious process. This paper examines the progress that has been made in the evolution of wholesale and retail electricity market institutions. Various indicia of the performance of these market institutions are presented and discussed. Significant progress has been made on the wholesale competition front but major challenges must still be confronted. The framework for supporting retail competition has been less successful, especially for small customers. Empirical evidence suggests that well-designed competitive market reforms have led to performance improvements in a number of dimensions and have benefited customers through lower retail prices.
The New Palgrave Dictionary of Economics
Author: Publisher: Springer
ISBN: 1349588024
Category : Law
Languages : en
Pages : 7493
Book Description
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Retail Electricity Competition
Author: United States. Congress. Senate. Committee on Energy and Natural ResourcesPublisher:
ISBN:
Category : Electric industries
Languages : en
Pages : 96
Book Description
An Empirical Analysis on the Impact of Retail Choice on Electricity Prices in the United States
Author: Michael SammonCustomer Choice
Author: Ahmad FaruquiPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 388
Book Description
As the electric utility market is opened up to competition, you can rely on this how-to guidebook to help you avoid mistakes made during retail pilot programs. This book is an appraisal of efforts made over the past year in the electricity industry -- and in other industries that already have made the transition to competition. You'll get a hands-on approach to retail customer choice...weigh the strengths and weaknesses of alternative solutions, discover actions to avoid, and implement checklists to keep you on track. Focus on winning solutions for lowering costs, provide informative price signals, find hedging instruments you can use to mitigate financial risk, and create a wide range of new service options.
Competition and Consumer Protection Perspectives on Electric Power Regulatory Reform
Author: Publisher: DIANE Publishing
ISBN: 142895225X
Category : Competition
Languages : en
Pages : 220
Book Description
Competition and Consumer Protection Perspectives on Electric Power Regulatory Reform: Focus on Retail Competition
Author: Publisher: DIANE Publishing
ISBN: 142895287X
Category :
Languages : en
Pages : 92
Book Description