Customer Reviews

Making Competition Work in Electricity

5 star:		(4)
4 star:		(0)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

This book was suggested by the CEO of my company for every new MBA recruits. I found this book really helpful in learning a lot about the industry.

The book is divided into two parts. The first part explains what are the components, who are the players, what an ideal industry would look like, etc of an electric industry. The second part is dedicated to the US electric industry.

The author does a wonderful job of explaining the basic fundamentals of the industry. At times some concepts get hard to comprehend because the concepts are unusually complicated. For someone new to this industry, it might require more than one reading and I can bet that it is worth their time.

This is a great book for anyone interested in learning about the industry.

In this book all technical terms are defined and the prose is more or less similar to that of the Wall Street Jounal. The book increased my understanding from incredulity that deregulation of energy can be done to a comfortable sense of the system operating components and a few of the possible foul-ups. One book didn't make me an expert but I don' blame the author. Also it was a pleasant if not simple read.
A technical expert is needed to comment on the balance and depth of the presentation; sounded OK to me though.

The outhor did very good job explaning and making some complex detailles easy to be understood in a basic way.It is helpfull for any one to know the competititon structure in electrircity markets either trade participant in the energy sector or anybody in education period.

I would recommend this book to anybody who is interested in the deregulation of the electric power sector (from students to policy makers). The book represents a comprehensive source of information on the theory behing deregulation, different models and schemes of deregulation, history of deregulation in the U.S., analysis of deregulation, recommendations on how to achieve competition in the elecric power sector, etc. I found this book very useful and interesting.