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Five essays examine issues of restructuring of electricity markets and regulations. The authors generally acknowledge that total deregulation could have disastrous consequences and promote a hybrid restructuring that takes into account certain concerns related to air pollution and consumer rights. Also included are abstracts of 18 journal papers on the same topic. Annotation copyrighted by Book News, Inc., Portland, OR
The electric industry in the United States is undergoing fundamental changes; it is transitioning from regulated monopolies to competitive markets offering customer choice. In this process, the states have been in the forefront of considering the changes in the industry structure and regulation. The Energy Information Administration (EIA) spearheaded a project on electric restructuring in the United States. This is the final report prepared under the project. The purpose of the report is to describe and compare the overall restructuring processes that took place in five states through June 30, 1996. The five states are California, Massachusetts, Michigan, New York, and Wisconsin. These are the first major states to consider restructuring or retail wheeling.
The electric industry in the United States is undergoing fundamental changes; it is transitioning from regulated monopolies to competitive markets offering customer choice. In this process, the states have been in the forefront of considering the changes in the industry structure and regulation. The Energy Information Administration (EIA) spearheaded a project on electric restructuring in the United States. This is the final report prepared under the project. The purpose of the report is to describe and compare the overall restructuring processes that took place in five states through June 30, 1996. The five states are California, Massachusetts, Michigan, New York, and Wisconsin. These are the first major states to consider restructuring or retail wheeling.