The Restructuring of the Electric Power Industry
Author | : |
Publisher | : |
Total Pages | : 36 |
Release | : 1998 |
Genre | : Electric utilities |
ISBN | : |
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Author | : |
Publisher | : |
Total Pages | : 36 |
Release | : 1998 |
Genre | : Electric utilities |
ISBN | : |
Author | : Alan Nogee |
Publisher | : |
Total Pages | : 28 |
Release | : 1997 |
Genre | : Electric utilities |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 39 |
Release | : 1997 |
Genre | : |
ISBN | : |
A shock jolted the electric power industry in April 1994, when the California Public Utilities Commission (CPUC) announced its intention to restructure the industry. The proposal, commonly referred to as retail wheeling, is based on the principle that market deregulation and competition will bring down the cost of electricity for all classes of customers. It would effectively break up the monopoly status of the regulated utilities and allow customers to purchase electricity directly from competing suppliers. According to the original CPUC proposal, cost alone would be the basis for determining which generating resources would be used. The proposal was modified in response to public inputs, and issued as a decision at the end of 1995. The final proposal recognized the importance of renewables, and included provisions for a minimum renewables purchase requirement (MRPR). A Renewables Working Group convened to develop detailed proposals for implementing the CPUC's renewables program. Numerous proposals, which represented the range of possible programs that can be used to support renewables within the context of a restructured electric utility industry, were received.
Author | : United States. Congress. House. Committee on Small Business. Subcommittee on Regulatory Reform and Paperwork Reduction |
Publisher | : |
Total Pages | : 260 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : |
Author | : Gregory Paul Morris |
Publisher | : |
Total Pages | : 0 |
Release | : 1997 |
Genre | : Biomass energy |
ISBN | : |
A shock jolted the electric power industry in April 1994, when the California Public Utilities Commission (CPUC) announced its intention to 'restructure' the industry. The proposal, commonly referred to as retail wheeling, is based on the principle that market deregulation and competition will bring down the cost of electricity for all classes of customers. It would effectively break up the monopoly status of the regulated utilities and allow customers to purchase electricity directly from competing suppliers. According to the original CPUC proposal, cost alone would be the basis for determining which generating resources would be used. The proposal was modified in response to public inputs, and issued as a decision at the end of 1995. The final proposal recognized the importance of renewables, and included provisions for a minimum renewables purchase requirement (MRPR). A Renewables Working Group convened to develop detailed proposals for implementing the CPUC's renewables program. Numerous proposals, which represented the range of possible programs that can be used to support renewables with the context of a restructured electric utility industry, were received.
Author | : United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power |
Publisher | : |
Total Pages | : 332 |
Release | : 1999 |
Genre | : Competition |
ISBN | : |
Author | : Alan Nogee |
Publisher | : |
Total Pages | : 24 |
Release | : 1996 |
Genre | : Electric utilities |
ISBN | : |
Author | : Richard F. Hirsh |
Publisher | : National Geographic Books |
Total Pages | : 0 |
Release | : 2002-07-26 |
Genre | : Science |
ISBN | : 0262582198 |
In the late 1990s, the formerly staid and monopolistic electric utility industry entered an era of freewheeling competition and deregulation, allowing American consumers to buy electricity from any company offering it. In this book, Richard F. Hirsh explains how and why this radical restructuring has occurred. Hirsh starts by describing the successful campaign waged by utility managers in the first decade of the twentieth century to protect their industry from competition. The regulated system that emerged had the unanticipated consequence of endowing utility managers with great political and economic power. Seven decades later, a series of largely unanticipated events, including technological stagnation in traditional generating equipment, the 1973 energy crisis, and the rise of the environmental movement, undermined the managers' control of the system. New players, such as academics, environmental advocates, politicians, and potential competitors, wrested control from power company managers by challenging utilities' standing as "natural monopolies" and by questioning whether their firms provided universal benefits. In other words, the once-closed system came under increasing pressure to transform itself. Hirsh follows the flow of power as this transformation occurred. He also examines the relationship between technological change and regulation, showing how innovations such as cogeneration and renewable energy technologies stimulated questions about the value of government oversight of the system. And he shows how the increasing prominence of ideas such as conservation, energy efficiency, and free markets helped propel the system toward open competition. Though the new electric utility system is still in its infancy, Hirsh's perceptive account of its birth will help readers think more rationally about its future.
Author | : |
Publisher | : |
Total Pages | : 34 |
Release | : 1998 |
Genre | : Electric utilities |
ISBN | : |
Author | : John Carlson |
Publisher | : Nova Publishers |
Total Pages | : 152 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : 9781590332214 |
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