Author: Michael A. CrewPublisher: Springer Science & Business Media
ISBN: 1468468979
Category : Business & Economics
Languages : en
Pages : 212
Book Description
Deregulation and Diversification of Utilities
Author: Michael A. CrewPublisher: Springer Science & Business Media
ISBN: 1468468979
Category : Business & Economics
Languages : en
Pages : 212
Book Description
Markets for Power
Author: Paul L. JoskowPublisher: MIT Press (MA)
ISBN: 9780262600187
Category : Business & Economics
Languages : en
Pages : 269
Book Description
This timely study evaluates four generic proposals for allowing free market forces toreplace government regulation in the electric power industry and concludes that none of thederegulation alternatives considered represents a panacea for the performance failures associatedwith things as they are now. It proposes a balanced program of regulatory reform and deregulationthat promises to improve industry performance in the short run, resolve uncertainties about thecosts and benefits of deregulation, and positions the industry for more extensive deregulation inthe long run should interim experimentation with deregulation, structural, and regulatory reformsmake it desirable.The book integrates modern microeconomic theory with a comprehensive analysis ofthe economic, technical, and institutional characteristics of modern electrical power systems. Itemphasizes that casual analogies to successful deregulation efforts in other sectors of the economyare an inadequate and potentially misleading basis for public policy in the electric power industry,which has economic and technical characteristics that are quite different from those in otherderegulated industries.Paul L. Joskow is Professor of Economics at MIT, author of ControllingHospital Costs (MIT Press 1981) and coauthor with Martin L. Baughman and Dilip P. Kamat of ElectricPower in the United States (MIT Press 1979). Richard Schmalensee, also at MIT, is Professor ofApplied Economics, author of The Economics of Advertising and The Control of Natural Monopolies, andeditor of The MIT Press Series, Regulation of Economic Activity.
Diversification, Deregulation, and Increased Uncertainty in the Public Utilities Industries
Author: Michigan State University. Institute of Public Utilities. ConferencePublisher:
ISBN:
Category : Public utilities
Languages : en
Pages : 624
Book Description
Power Hungry
Author: Roger S. ConradPublisher: John Wiley & Sons
ISBN: 9780471442950
Category : Business & Economics
Languages : en
Pages : 344
Book Description
The Best Strategies for Investing in the Power Industry The face of the utilities industry has changed dramatically since the deregulation laws were passed. And, in many ways, this has affected no one more than investors in this industry. How can you, as a sophisticated individual investor, take advantage of the recent changes and avoid the pitfalls while navigating this new terrain? Written by industry expert Roger Conrad, Power Hungry can help you profit from the enormous potential in this field. Power Hungry details for the investor: * How energy deregulation works * The role of new technology in the utilities industry * The aftermath of utility deregulation * The most effective criteria for picking the best utility stocks As the only book focused on investing within the energy, communications, and water industries, Power Hungry offers a comprehensive look at the past, present, and future of the utility industry, allowing you to make the most profitable investing decisions.
Competition and the Regulation of Utilities
Author: Michael A. CrewPublisher: Springer Science & Business Media
ISBN: 1461540488
Category : Business & Economics
Languages : en
Pages : 217
Book Description
companies to diversify may outweigh the costs of doing so, and that some traditional regulatory concerns may be excessively restrictive. The papers by Hillman, Harris, and Jang and Norsworthy, while all relating to individual industries, have lessons for other regulated industries. Hillman's paper, "Oil Pipeline Rates: A Case for Yardstick Regulation," deals with the important topic of yardstick regulation for oil pipelines. While his application is highly specific, the potential application of yardstick regulation goes beyond oil pipelines. He reviews the evolution in the law regulating oil pipelines. While showing that some progress has been made in introducing economic efficiency considerations into regulation, he provides a careful critique of the operation of existing regulation and suggests an alternative based upon a yardstick approach. His approach seeks to use competitive market prices as the yardstick, with administration of price discrimination limited to dealing with possible "favoritism" to subsidiaries and affiliates. "Telecommunications Services as a Strategic Industry: Implications for United States Public Policy" by Harris and "Productivity Growth and Technical Change in the United States Telecommunications Equipment Manufacturing Industries" by Jang and Norsworthy provide important insights for telecommunications.
Competitive Issues in Electricity Deregulation
Author: United States. Congress. House. Committee on the JudiciaryPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 170
Book Description
Electric Utility Deregulation
Author: United States. Congress. House. Committee on Science. Subcommittee on Energy and EnvironmentPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 688
Book Description
Electricity Restructuring
Author: Laura Lynne KieslingPublisher: A E I Press
ISBN: 9780844742823
Category : Science
Languages : en
Pages : 0
Book Description
This volume explores how Texas's groundbreaking program of electricity restructuring has become a model for truly competitive energy markets in the United States. The authors contend that restructuring in Texas has been successful because the industry is free from federal over...
Price Level Regulation for Diversified Public Utilities
Author: Jordan J. HillmanPublisher: Springer Science & Business Media
ISBN: 1461316294
Category : Business & Economics
Languages : en
Pages : 147
Book Description
Author: