A Shock to the System is a guide to the decisions that will be faced by electricity providers, customers, and policymakers. Produced by a team of analysts at Resources for the Future, this concise and balanced work provides background necessary to understand the increasing role of competition in electricity markets. The authors introduce important concepts and terminology, and offer the history of public policy regarding electricity. They identify the significant proposals for implementing competition, and examine the potential consequences for regulation, industry structure, cost recovery, and the environment.
Book Description
Editorial Reviews
Book Description
A team of economic analysts at Resources for the Future has produced this concise, balanced, and readable primer to explain how the American electricity industry will likely change over the next decade. Technological, economic, and political developments are shaping a system very different from the one we have known. This volume is an instructive guide to the next ten years -- where changes will occur, what forms they are likely to take, and what their long-term ramifications may be.
About the Author
Timothy J. Brennan is a professor of policy sciences and economics at the University of Maryland, Baltimore County and a senior fellow at Resources for the Future (RFF)
Karen L. Palmer is a senior fellow at RFF. Both Brennan and Palmer are coauthors of A Shock to the System: Restructuring America's Electricity Industry (1996).
Karen L. Palmer is a senior fellow at RFF. Both Brennan and Palmer are coauthors of A Shock to the System: Restructuring America's Electricity Industry (1996).
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18 of 19 people found the following review helpful:
3.0 out of 5 stars
Good review of broad issues.,
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This review is from: A Shock to the System: Restructuring America's Electricity Industry (Resources for the Future) (Paperback)
A good introduction to some of the important issues in electric utility deregulation. Has a short history of the electric utility industry and the laws & regulations that have brought the industry to where it is today. Outlines several of the possible market models that an electric utility market could take as it enters deregulation. Issues identified are still being played out in the California utilities market. Written at a level for the general public outside of the utility industry.
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Inside This Book
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First Sentence:
Electricity is perhaps the most common item consumed in the United States and the developed world. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
expanded wholesale competition, loop flow effects, bilateral contracting, nonutility generators, stranded costs, qualifying facilities, electricity industry, transmission pricing, transmission prices, retail competition, transmission grid, expanded competition, transmission company, generating companies, electricity customers, transmission companies, independent system operator, integrated utilities, electricity rates, electricity markets Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Federal Energy Regulatory Commission, Energy Policy Act, New York, Public Utility Holding Company Act, Clean Air Act, Public Utilities Regulatory Policies Act, Supreme Court, United Kingdom, Department of Energy New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Electricity is perhaps the most common item consumed in the United States and the developed world. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
expanded wholesale competition, loop flow effects, bilateral contracting, nonutility generators, stranded costs, qualifying facilities, electricity industry, transmission pricing, transmission prices, retail competition, transmission grid, expanded competition, transmission company, generating companies, electricity customers, transmission companies, independent system operator, integrated utilities, electricity rates, electricity markets Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Federal Energy Regulatory Commission, Energy Policy Act, New York, Public Utility Holding Company Act, Clean Air Act, Public Utilities Regulatory Policies Act, Supreme Court, United Kingdom, Department of Energy New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 1
book:
10
books
cite this book:
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- Atomic Energy (Merit badge series) by Boy Scouts of America on page 22
- Alternating Currents: Electricity Markets and Public Policy (Resources for the Future) by Timothy J. Brennan on 5 pages
- Successful Energy Sector Investing: Every Investor's Complete Guide by Joe Duarte on page 192
- Technological Innovation and Economic Performance. by Benn Steil in Back Matter
- Down to Earth: Applying Business Principles to Environmental Management by Forest L. Reinhardt in Back Matter
- The RFF Reader in Environmental and Resource Management (RFF Press) by Professor Wallace E. Oates in Back Matter
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