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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Electrical power industries
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Electricity Deregulation - Choices and Challenges (Hardcover, 2nd ed.)
Loot Price: R1,636
Discovery Miles 16 360
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Electricity Deregulation - Choices and Challenges (Hardcover, 2nd ed.)
Series: Bush School Series in the Economics of Public Policy
Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.
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The electricity market has experienced enormous setbacks in
delivering on the promise of deregulation. In theory, deregulating
the electricity market would increase the efficiency of the
industry by producing electricity at lower costs and passing those
cost savings on to customers. However, deregulation poses
substantial risks if the market is not designed properly, as the
recent California crisis demonstrated. As "Electricity Deregulation
"shows, successful deregulation is possible, although it is by no
means a hands-off process--in fact, it requires a substantial
amount of design and regulatory oversight.
This collection brings together leading experts from academia,
government, and big business to discuss the lessons learned from
experiences such as California's market meltdown as well as the
ill-conceived policy choices that contribute to such failures. More
importantly, the essays that comprise "Electricity Deregulation"
offer a number of innovative prescriptions for the successful
design of deregulated electricity markets. Written with economists
and professionals associated with each of the network industries in
mind, this comprehensive volume provides a timely and astute
deliberation on the many risks and rewards of electricity
deregulation.
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