Electricity Deregulation - Choices and Challenges (Hardcover, 2nd ed.)

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.

General

Imprint:	University of Chicago Press
Country of origin:	United States
Series:	Bush School Series in the Economics of Public Policy
Release date:	August 2005
First published:	August 2005
Editors:	James M. Griffin • Steven L. Puller
Dimensions:	23 x 16 x 6mm (L x W x T)
Format:	Hardcover
Pages:	416
Edition:	2nd ed.
ISBN-13:	978-0-226-30856-2
Categories:	Books > Business & Economics > Business & management > Business competition Books > Business & Economics > Business & management > Ownership & organization of enterprises > Privatization Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Electrical power industries Promotions
LSN:	0-226-30856-1
Barcode:	9780226308562

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