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Power Structure

Author: John E. Kwoka Jr.
Publisher: Springer Science & Business Media
ISBN: 0585229651
Category : Business & Economics
Languages : en
Pages : 200

Book Description
Power Structure examines the effects on economic performance of several key features of the U.S. electric power industry. Paramount among these are public versus private ownership, vertical integration versus deintegration, and retail competition versus monopoly distribution. Each of these, as well as other structural characteristics of utilities and their markets, are analyzed for their effects on costs and price. These issues are important for a number of reasons. The U.S. electric power industry is presently embarking on a fundamental restructuring in terms of integration and competition. In other countries, privatization of state-owned enterprises is being viewed as the answer to unsatisfactory performance. From a longer perspective, the question of the relative performance of publicly owned versus privately owned utilities in the U.S. has never been resolved. And despite much speculation there is little reliable evidence as to the importance of either vertical integration or competition.

Competition in the U.S. Electric Power Sector

Author: Paul L. Joskow
Publisher:
ISBN:
Category :
Languages : en
Pages : 106

Book Description
This paper examines recent efforts to expand competitive opportunities in the electric power sector in the US. I start with a brief overview of the structure and regulation of the US electricity sector as it existed in the mid-1980s. I then turn to a discussion of the role of what I will call "wholesale market competition" and how it has expanded during the last decade. Finally, I will discuss more recent efforts to expand competitive opportunities for retail customers. I conclude with some thoughts about future developments.

Power Structure

Author: John E. Kwoka Jr.
Publisher: Springer Science & Business Media
ISBN: 0585229651
Category : Business & Economics
Languages : en
Pages : 200

Making Competition Work in Electricity

Author: Sally Hunt
Publisher: John Wiley & Sons
ISBN: 0471266027
Category : Business & Economics
Languages : en
Pages : 467

Book Description
An expert's perspective on how competition can make this industry work. There has never been a coherent plan to restructure the electricity industry in the USâ??until now. Power expert Sally Hunt gets down to the critical lessons learned from the California power crisis and other deregulated markets, in which competition has been introduced properly and successfully. Hunt presents sensible solutions to power market reform that have been cultivated over her twenty years of professional work in the industry. Sally Hunt (New York, NY) spent twenty years at National Economic Research Associates, where she was head of NERA's U.S. energy practice and a member of the board. Coauthor of Competition and Choice in Electricity with Graham Shuttleworth (0471957828), she has served as Corporate Economist at Con Edison, Deputy Director of the New York City Energy Office, and Assistant Administrator of the New York City Environmental Protection Administration. Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management,asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.