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Alternating Currents : Electricity and Public Policy

Alternating Currents : Electricity and Public Policy - 02 edition

ISBN13: 978-1891853074

Cover of Alternating Currents : Electricity and Public Policy 02 (ISBN 978-1891853074)
ISBN13: 978-1891853074
ISBN10: 1891853074
Cover type:
Edition/Copyright: 02
Publisher: Resources for the Future
Published: 2002
International: No

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Alternating Currents : Electricity and Public Policy - 02 edition

ISBN13: 978-1891853074

Timothy J. Brennan, Karen L. Palmer and Salvador A. Martinez

ISBN13: 978-1891853074
ISBN10: 1891853074
Cover type:
Edition/Copyright: 02
Publisher: Resources for the Future

Published: 2002
International: No
Summary

Many U.S. states, as well as many countries, are opening their electric power markets to competition. Others, in response to the crisis in California, have ruled out competition. Alternating Currents provides a timely overview of the major issues facing industry regulators, legislators and others as they consider whether, when, and how to open electricity markets.

The authors begin with background on the electric power industry, including the technology for producing and delivering power, the history of regulatory policy, and an analysis of recent experiences with restructuring. They then provide insights into the policy debates and economic issues, including industry structure, future regulation, system integrity and reliability, the mitigation of market power, and environmental protection.

Alternating Currents describes the recent events leading to the demise of retail competition in California in order to extract lessons for future attempts at deregulation. It offers perspectives on what makes electricity a unique resource and what makes the potential conflict between competition and reliability the most pressing of the long-term concerns for the electricity industry.

Table of Contents

1. Issues in Restructuring the Electricity Industry

Pt. I How the Industry Got Here

2. Understanding the Electricity Industry
3. From Regulation to Competition
4. International and U.S. Restructuring Experiences
5. The California Experience

Pt. II Current Policy Issues

6. Competition in Energy, Regulation of Wires
7. Vertical Restructuring
8. Regulating Rates for Transmission and Distribution
9. Encouraging Competition
10. Balancing Loads and Dispatching Power
11. Ensuring Reliability in a Competitive Market
12. State and Federal Roles
13. Public Power''s Role after Restructuring
14. Covering Stranded Costs
15. Restructuring and Environmental Protection
16. Public Purpose Programs in a Competitive Market

Pt. III The Future

17. Prospects for Restructuring
Supplemental Reading

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