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Power interruptions of the scale of the North American Blackout of
2003 are rare, but they still loom as a possibility. Will the aging
infrastructure fail because deregulated monopolies have no
financial incentives to upgrade? Is centralized planning becoming
subordinate to market forces? Understanding Electric Utilities and
De-Regulation, Second Edition provides an updated, non-technical
description that sheds light on the nature of the industry and the
issues involved in its transition away from a regulated
environment. The book begins by broadly surveying the industry,
from a regulated utility structure to the major concepts of
de-regulation to the history of electricity, the technical aspects,
and the business of power. Then, the authors delve into the
technologies and functions on which the industry operates; the many
ways that power is used; and the various means of power generation,
including central generating stations, renewable energy, and
single-household size generators. The authors then devote
considerable attention to the details of regulation and
de-regulation. To conclude, one new chapter examines aging
infrastructures and reliability of service, while another explores
the causes of blackouts and how they can be prevented. Based on the
authors' extensive experience, Understanding Electric Utilities and
De-Regulation, Second Edition offers an up-to-date perspective on
the major issues impacting the daily operations as well as the
long-term future of the electric utilities industry.
Power interruptions of the scale of the North American Blackout of
2003 are rare, but they still loom as a possibility. Will the aging
infrastructure fail because deregulated monopolies have no
financial incentives to upgrade? Is centralized planning becoming
subordinate to market forces? Understanding Electric Utilities and
De-Regulation, Second Edition provides an updated, non-technical
description that sheds light on the nature of the industry and the
issues involved in its transition away from a regulated
environment. The book begins by broadly surveying the industry,
from a regulated utility structure to the major concepts of
de-regulation to the history of electricity, the technical aspects,
and the business of power. Then, the authors delve into the
technologies and functions on which the industry operates; the many
ways that power is used; and the various means of power generation,
including central generating stations, renewable energy, and
single-household size generators. The authors then devote
considerable attention to the details of regulation and
de-regulation. To conclude, one new chapter examines aging
infrastructures and reliability of service, while another explores
the causes of blackouts and how they can be prevented. Based on the
authors' extensive experience, Understanding Electric Utilities and
De-Regulation, Second Edition offers an up-to-date perspective on
the major issues impacting the daily operations as well as the
long-term future of the electric utilities industry.
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