Author: Publisher:
ISBN:
Category :
Languages : es
Pages :
Book Description
Regulatory reform in the US electricity industry
Author: Regulatory Reform in the US Electricity Industry
Author: Deregulating and Regulatory Reform in the U.S. Electric Power Sector
Author: Paul L. JoskowPublisher:
ISBN:
Category :
Languages : en
Pages : 130
Book Description
(Cont.) The structure and performance of California's competitive electricity markets are discussed in detail as an example of the applications of these principles and the challenges that electricity sector restructuring must confront. Early experience with retail competition in California, Massachusetts, and Pennsylvania is reviewed. The paper concludes with an initial assessment of the benefits and costs of electricity sector restructuring to date in the U.S. and some thoughts regarding future challenges and trends.
Electric Utility Restructuring, The Small Business Perspective
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Regulatory Reform and Paperwork ReductionPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 260
Book Description
Economic Regulation and Its Reform
Author: Nancy L. RosePublisher: University of Chicago Press
ISBN: 022613816X
Category : Business & Economics
Languages : en
Pages : 619
Book Description
The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.
Electric Power Services: Recent Reforms in Selected Foreign Markets, Inv. 332-411
Author: Publisher: DIANE Publishing
ISBN: 1457823128
Category :
Languages : en
Pages : 228
Book Description
Regulatory Reform: Public witnesses; federal rate regulation of electric utilities; wholesale power; Gulf Warranty Case
Author: United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Oversight and InvestigationsPublisher:
ISBN:
Category : Independent regulatory commissions
Languages : en
Pages : 812
Book Description
Electric Power Services
Author: 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.
The U S Electricity Sector Labor Market
Author: Matthew NiederjohnPublisher: LAP Lambert Academic Publishing
ISBN: 9783843392235
Category : Electric utilities
Languages : en
Pages : 104
Book Description
The last ten years have seen many states aggressively pursuing the restructuring of their electric utilities. These reforms were motivated by a number of Federal Energy Regulatory Commission (FERC) orders which encouraged competitive markets for wholesale electric power . While the effects of these reforms on the product market (and competition) have been widely studied, there is a dearth of research examining the effect of regulatory reform on the U.S. electricity sector's labor market, which employs more than 300,000 highly skilled workers. This heavily unionized workforce is chartered with operating and maintaining the country's critical electrical infrastructure that both families and businesses rely on for their daily activities. This study contributes to our understanding of the effect of electricity deregulation by analyzing the effect these regulatory changes have had on the industries' labor market.