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Books > Science & Mathematics > Biology, life sciences > Life sciences: general issues > Neurosciences
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Electricity Transmission Pricing and Technology (Paperback, Softcover reprint of the original 1st ed. 1996)
Loot Price: R8,719
Discovery Miles 87 190
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Electricity Transmission Pricing and Technology (Paperback, Softcover reprint of the original 1st ed. 1996)
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The electric utility industry and its stakeholders in the.United
States appear to be at a critical juncture in time. Powerful forces
of global proportions are propelling the industry instinctively and
in a secular fashion towards restructuring. That the industry will
change is a fait accomplii. The nature and timing of the change is
still a matter of intense debate, however. Because of the evolution
of the industry into its present-day form, i.e. regulated local
monopolies in their designated franchise service territories, the
relative roles and expectations of various institutions would have
to change to conform to the new state in the future. In either
encouraging, or allowing this change to happen, society is
essentially saying that future societal welfare would be better
served by the changed structure contemplated. What that assumption
translates into in more direct terms is that creation of future
wealth would be better accomplished through redistribution of
wealth today. Thoughtful individuals recognize the enormous
responsibility placed upon the various entities empowered with
jurisdiction over the timing and nature of the structural change.
They are trying hard to bring analytical rigor to bear on the
debate. One very critical element of this debate on restructuring
is the issue of the treatment of transmission. The issue has been
variously labeled transmission access, or pricing. Volumes have
been written and spoken on this topic.
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