Electricity Deregulation

Choices and Challenges

James M Griffin editor Steven L Puller editor

Format:Hardback

Publisher:The University of Chicago Press

Published:9th Sep '05

Currently unavailable, and unfortunately no date known when it will be back

Electricity Deregulation cover

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. 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 contributed to those failures. More importantly, the essays that comprise Electricity Deregulation offers 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.

ISBN: 9780226308562

Dimensions: 23mm x 16mm x 6mm

Weight: 822g

416 pages