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Electricity Restructuring in the United States - Markets and Policy from the 1978 Energy Act to the Present (Hardcover)
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Electricity Restructuring in the United States - Markets and Policy from the 1978 Energy Act to the Present (Hardcover)
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The electric utility industry in the US is technologically complex,
and its structure as a classic network industry makes it intricate
in business terms as well, so deregulation of such a complicated
industry was a particularly detailed process. Steve Isser provides
a detailed and comprehensive analysis of the history of the
transformation of this complex industry from the 1978 Energy Policy
Act to the present, covering the economic, legal, regulatory, and
political issues and controversies in the transition from regulated
utilities to competitive electricity markets. The book is a
multidisciplinary study that includes a comprehensive review of the
economic literature on electricity markets, the political
environment of electricity policymaking, administrative and
regulatory rulemaking, and the federal case law that restrained
state and federal regulation of electricity. Isser offers a
valuable case study of the pitfalls and problems associated with
the deregulation of a complex network industry.
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