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From Regulation to Competition : New frontiers in electricity markets - Michael A. Einhorn

From Regulation to Competition

New frontiers in electricity markets

By: Michael A. Einhorn (Editor)

Hardcover

Published: 31st October 1994
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Electric utilities throughout the world continue to face new challenges involving ownership, market structure, and regulation. There are three related issues at hand. First, should ownership be private or public? Second, what operations should be integrated and where is competition feasible? Third, where is regulation necessary and can it be made more efficient? This volume bears directly upon these concerns.
The book contains two sections. The first six articles discuss the British electricity experiment that has privatized and disintegrated the nation's generation, transmission, and distribution companies, introduced market competition for power purchases, and implemented incentive regulation for monopolized transmission and distribution grids. The remaining articles focus on the theater in which significant microeconomic issues will continue to emerge, most immediately in the U.K. and U.S.A. -- the coordination and pricing of transmission.

Contributing Authors
Introductionp. 1
Competitive Electricity Markets: The Theory and Its Applicationp. 11
The British Electricity Experimentp. 39
Britain's Unregulated Electricity Poolp. 73
Transmission Pricing in England and Walesp. 97
Regulation of Regional Electric Companies in the British Electricity Experimentp. 113
Competition, Monopoly, and Regulation in the Electricity Industryp. 125
Practical Considerations in Restructuring of Electricity Supply Industriesp. 151
Contract Networks for Electric Power Transmissionp. 175
A Conceptual Regulatory Framework of Transmission Access in Multiutility Electric Power Systemsp. 201
Competitive Joint Ventures and Electricity Transmissionp. 221
Regional Transmission Groups: How Should They Be Structured and What Should They Do?p. 237
Profit-Sharing Regulation of Electrical Transmission and Distribution Companiesp. 257
Author Indexp. 277
Subject Indexp. 280
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780792394563
ISBN-10: 0792394569
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 286
Published: 31st October 1994
Publisher: Springer
Country of Publication: NL
Dimensions (cm): 24.77 x 17.15  x 2.54
Weight (kg): 0.59