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The Opportunity For Stranded Cost Recovery In The Restructured Electric Utility Industry
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Book Synopsis The Opportunity for Stranded Cost Recovery in the Restructured Electric Utility Industry by : James B. Martinez
Download or read book The Opportunity for Stranded Cost Recovery in the Restructured Electric Utility Industry written by James B. Martinez and published by . This book was released on 1998 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power Publisher : ISBN 13 : Total Pages :496 pages Book Rating :4.F/5 ( download)
Book Synopsis Electric Utility Industry Restructuring by : United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power
Download or read book Electric Utility Industry Restructuring written by United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power and published by . This book was released on 1997 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Shock to the System by : Timothy J. Brennan
Download or read book A Shock to the System written by Timothy J. Brennan and published by Routledge. This book was released on 2014-04-04 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Synopsis An Economic and Legal Perspective on Electric Utility Transition Costs by : Kenneth Rose (Ph. D.)
Download or read book An Economic and Legal Perspective on Electric Utility Transition Costs written by Kenneth Rose (Ph. D.) and published by . This book was released on 1996 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Competition in the Electric Industry by : National Research Council
Download or read book Competition in the Electric Industry written by National Research Council and published by Joseph Henry Press. This book was released on 1996-12-11 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries by : A. Lawrence Kolbe
Download or read book Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries written by A. Lawrence Kolbe and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is common to assert that utility investors are compensated in the allowed rate of return for the risk of large disallowances, such as arise for investments found imprudent or not `used and useful'. However, this book develops a new theory of asymmetric regulatory risk that shows that infallible estimates of the cost of capital are sure to provide downward-biased estimates of the necessary allowed rates of return in the presence of such regulatory risks. The book uses the new theory of regulatory risk to understand recent developments in the risk of natural gas pipelines and other regulated industries.
Book Synopsis Restructuring Electricity Markets by : Charles J. Cicchetti
Download or read book Restructuring Electricity Markets written by Charles J. Cicchetti and published by Pennwell Books. This book was released on 1995 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique publication offers a comprehensive perspective on the restructuring of the electricity sector. It explores, describes, and identifies common elements of change, emphasizing from the experiences of developed and developing nations.
Book Synopsis Electricity Restructuring by : John Carlson
Download or read book Electricity Restructuring written by John Carlson and published by Nova Publishers. This book was released on 2002 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Stranded Cost Estimates for a Restructured Electric Industry in North Carolina by :
Download or read book Stranded Cost Estimates for a Restructured Electric Industry in North Carolina written by and published by . This book was released on 1999 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power Publisher : ISBN 13 : Total Pages :204 pages Book Rating :4.0/5 (18 download)
Book Synopsis Technological, Environmental and Financial Issues Raised by Increasingly Competitive Electricity Markets by : United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power
Download or read book Technological, Environmental and Financial Issues Raised by Increasingly Competitive Electricity Markets written by United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power and published by . This book was released on 1996 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power Publisher : ISBN 13 : Total Pages :120 pages Book Rating :4.0/5 ( download)
Book Synopsis Electricity by : United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power
Download or read book Electricity written by United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power and published by . This book was released on 1996 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Utilities Code written by Texas and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Electricity Deregulation by : James M. Griffin
Download or read book Electricity Deregulation written by James M. Griffin and published by University of Chicago Press. This book was released on 2009-11-15 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 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.
Book Synopsis Electricity Prices and Costs Under Regulation and Restructuring by : Seth Blumsack
Download or read book Electricity Prices and Costs Under Regulation and Restructuring written by Seth Blumsack and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Restructuring of the electricity industry was expected to improve the operating efficiency of electric power generators, leading to lower production costs and retail prices. Most studies conclude that there have been some efficiency gains, but the subject of whether retail prices have fallen has been contentious. The existing literature has a number of shortcomings, including the use of blunt or inappropriate definitions of restructuring, failure to incorporate the effects of regulatory decisions regarding price caps and stranded cost recovery, and the use of highly aggregated data. Our study addresses many of these problems and thus represents a significant improvement on existing work. We use a detailed firm-level data set to estimate how the markets and institutions established as a part of "restructuring" have affected the difference between prices and costs. Based on a number of different definitions, we find that utilities that have undergone restructuring display significantly higher price-cost markups than utilities that remained traditionally regulated. We find that some elements of restructuring are associated with higher price-cost margins, while others appear to be uncorrelated with prices and costs. The combination of introducing retail competition into an electric utility's operating territory and divestiture of that utility's generating assets has increased costs, but has increased prices even more. In particular, we find an average difference of 2 to 3 cents per kWh between prices and costs that is explained by restructuring rather than by increases in fuel prices. We conclude that restructuring has been beneficial to companies that restructured, but the evidence is far less clear concerning benefits to consumers.
Book Synopsis Electricity Restructuring by : Laura Lynne Kiesling
Download or read book Electricity Restructuring written by Laura Lynne Kiesling and published by A E I Press. This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores how Texas's groundbreaking program of electricity restructuring has become a model for truly competitive energy markets in the United States. The authors contend that restructuring in Texas has been successful because the industry is free from federal over...
Book Synopsis An Economic and Legal Perspective on Electric Utility Transition Costs by :
Download or read book An Economic and Legal Perspective on Electric Utility Transition Costs written by and published by . This book was released on 1996 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issue of possibly unrecoverable cost incurred by a utility, or 'stranded costs, ' has emerged as a major obstacle to developing a competitive generation market. Stranded or transition costs are defined as costs incurred by a utility to serve its customers that were being recovered in rates but are no longer due to availability of lower-priced alternative suppliers. The idea of 'stranded cost, ' and more importantly arguments for its recovery, is a concept with little basis in economic theory, legal precedence, or precedence in other deregulated industries. The main argument recovery is that the ''regulatory compact'' requires it. This is based on the misconception that the regulator compact is simply: the utility incurs costs on behalf of its customers because of the ''obligation to serve'' so, therefore, customers are obligated to pay. This is a mischaracterization of what the compact was and how it developed. Another argument is that recovery is required for economic efficiency. This presumes, however, a very narrow definition of efficiency based on preventing ''uneconomic'' bypass of the utility and that utilities minimize costs. A broader definition of efficiency and the likelihood of cost inefficiencies in the industry suggest that the cost imposed on customers from inhibiting competition could exceed the gains from preventing uneconomic bypass. Both these issues are examined in this paper.
Author :United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power Publisher : ISBN 13 : Total Pages :488 pages Book Rating :4.0/5 ( download)
Book Synopsis Electric Utility Industry Restructuring by : United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power
Download or read book Electric Utility Industry Restructuring written by United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power and published by . This book was released on 1997 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt:
