LEADER 04455nam 22006494a 450 001 9910828974003321 005 20220720120121.0 010 $a1-282-42654-0 010 $a9786612426544 010 $a0-226-30858-8 024 7 $a10.7208/9780226308586 035 $a(CKB)2550000000002183 035 $a(EBL)471817 035 $a(OCoLC)527731666 035 $a(SSID)ssj0000337077 035 $a(PQKBManifestationID)11234085 035 $a(PQKBTitleCode)TC0000337077 035 $a(PQKBWorkID)10289157 035 $a(PQKB)11726734 035 $a(StDuBDS)EDZ0000115684 035 $a(DE-B1597)524714 035 $a(OCoLC)1135589857 035 $a(DE-B1597)9780226308586 035 $a(Au-PeEL)EBL471817 035 $a(CaPaEBR)ebr10349951 035 $a(CaONFJC)MIL242654 035 $a(MiAaPQ)EBC471817 035 $a(EXLCZ)992550000000002183 100 $a20040629d2005 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aElectricity deregulation $echoices and challenges /$fedited by James M. Griffin and Steven L. Puller 210 $aChicago $cUniversity of Chicago Press$d2005 215 $a1 online resource (453 p.) 225 1 $aBush School series in the economics of public policy ;$vv. 4 300 $aDescription based upon print version of record. 311 $a0-226-30856-1 320 $aIncludes bibliographical references and indexes. 327 $tFrontmatter --$tContents --$tIntroduction: A Primer on Electricity and the Economics of Deregulation --$tChapter 1. The Difficult Transition to Competitive Electricity Markets in the United States --$tChapter 2. Restructuring the Electricity Industry in England and Wales --$tChapter 3. Lessons from the California Electricity Crisis --$tChapter 4. Lessons Learned: The Texas Experience --$tChapter 5. The Efficiency of Electricity Generation in the United States after Restructuring --$tChapter 6. Looking for Trouble: Competition Policy in the U.S. Electricity Industry --$tChapter 7. The Oversight of Restructured Electricity Markets --$tChapter 8. Time-Varying Retail Electricity Prices: Theory and Practice --$tChapter 9. Transmission Market Design --$tChapter 10. Ensuring Generation Adequacy in Competitive Electricity Markets --$tChapter 11. Perspectives from Policymakers --$tConclusion: Final Thoughts --$tAuthor Index --$tSubject Index 330 $aThe electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As Electricity Deregulation shows, successful deregulation is possible, although it is by no means a hands-off process-in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the lessons learned from experiences such as California's market meltdown as well as the ill-conceived policy choices that contributed to those failures. More importantly, the essays that comprise Electricity Deregulation offer a number of innovative prescriptions for the successful design of deregulated electricity markets. Written with economists and professionals associated with each of the network industries in mind, this comprehensive volume provides a timely and astute deliberation on the many risks and rewards of electricity deregulation. 410 0$aBush School series in the economics of public policy ;$vv. 4. 606 $aElectric utilities$xDeregulation$zUnited States 610 $aelectric, regulations, academic, scholarly, research, market, marketplace, electrical, power, grid, industry, industrial, price, cost, savings, money, monetary, economics, economy, finance, financial, oversight, academia, government, interdisciplinary, experts, business, california, case study, essay collection, policy, advice, industries, career, professional. 615 0$aElectric utilities$xDeregulation 676 $a333.793/2/0973 701 $aGriffin$b James M.$f1944-$0283649 701 $aPuller$b Steven L$01680591 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910828974003321 996 $aElectricity deregulation$94049398 997 $aUNINA