Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Electrical power industries
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From Regulation to Competition: New frontiers in electricity markets (Hardcover, 1994 ed.)
Loot Price: R3,188
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From Regulation to Competition: New frontiers in electricity markets (Hardcover, 1994 ed.)
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Electric utilities throughout the world continue to face new
challenges involving ownership, market structure, and regulation.
There are three related issues at hand. First, should ownership be
private or public? Second, what operations should be integrated and
where is competition feasible? Third, where is regulation necessary
and can it be made more efficient? This volume bears directly upon
these concerns. The book contains two sections. The first six
articles discuss the British electricity experiment that has
privatized and disintegrated the nation's generation, transmission,
and distribution companies, introduced market competition for power
purchases, and implemented incentive regulation for monopolized
transmission and distribution grids. The remaining articles focus
on the theater in which significant microeconomic issues will
continue to emerge, most immediately in the U.K. and U.S.A. -- the
coordination and pricing of transmission.
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