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Author : David L. Lantz
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (136 download)
Download or read book Incentives Through Regulation in the Electric Utility Industry written by David L. Lantz and published by . This book was released on 1984 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4.3/5 (21 download)
Download or read book Incentive Regulation in the Electric Utility Industry written by and published by . This book was released on 1983 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Kurt A. Strasser
Publisher : Praeger
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.3/5 (91 download)
Download or read book Regulating Utilities with Management Incentives written by Kurt A. Strasser and published by Praeger. This book was released on 1989-12-11 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a new approach to the government regulation of utilities. Arguing that traditional command-and-control regulation does not encourage efficient performance, Strasser and Kohler advocate the use of an incentive-based regulatory system and offer a practical, realistic strategy for the successful implementation of such plans within the context of utility regulation. The analysis is supported by a comprehensive survey of the relevant legal materials, an overview of the literature on organization theory and institutional economics, and a survey of the latest thinking on how incentives can most effectively be paid. Strasser and Kohler begin by identifying problems associated with current regulatory techniques, demonstrating that disincentives are often built into the regulatory system. When that system has tried incentives, the authors show they have been applied in an ad hoc manner, further exacerbating the problem. In presenting the case for incentive-based regulation, the authors review the history of comprehensive incentive plans, look at what organization theory can teach us about using incentives as a regulatory strategy, and explore the effective use of incentive compensation by nonregulated companies. Strasser and Kohler then develop a strategy for implementing incentive plans in regulated utilities, showing that, in order to work, the plans must include the installation of clearly defined bonuses and penalties, specific standards of performance, the payment of bonuses to managers rather than shareholders, and reliable and complete measures of company performance. Policymakers, economists, public utility regulators, and attorneys involved in the complex arena of utility regulation will find Regulating Utilities with Management Incentives indispensable reading.
Author : Dennis Goins
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (631 download)
Download or read book Incentive regulation in the electric utility industry written by Dennis Goins and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michael A. Crew
Publisher : Springer Science & Business Media
ISBN 13 : 1461527821
Total Pages : 222 pages
Book Rating : 4.4/5 (615 download)
Download or read book Incentive Regulation for Public Utilities written by Michael A. Crew and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based on two seminars held at Rutgers on October 22, 1993, and May 6, 1994 entitled `Incentive Regulation for Public Utilities'. These contributions by leading scholars and practitioners represent some of the best new research in public utility economics and include topics such as the theory of incentive regulation, dynamic pricing, transfer pricing, issues in law and economics, pricing priority service, and energy utility resource planning.
Author : National Association of Regulatory Utility Commissioners. Staff Subcommittee on Electricity
Publisher :
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4.:/5 (19 download)
Download or read book Incentive Regulation in the Electric Utility Industry written by National Association of Regulatory Utility Commissioners. Staff Subcommittee on Electricity and published by . This book was released on 1983 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (86 download)
Download or read book Incentive Regulation in the Electric Utility Industry written by and published by . This book was released on 1988 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : H. Lee Willis
Publisher : CRC Press
ISBN 13 : 142002826X
Total Pages : 520 pages
Book Rating : 4.4/5 (2 download)
Download or read book Understanding Electric Utilities and De-Regulation written by H. Lee Willis and published by CRC Press. This book was released on 2018-10-03 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Power interruptions of the scale of the North American Blackout of 2003 are rare, but they still loom as a possibility. Will the aging infrastructure fail because deregulated monopolies have no financial incentives to upgrade? Is centralized planning becoming subordinate to market forces? Understanding Electric Utilities and De-Regulation, Second Edition provides an updated, non-technical description that sheds light on the nature of the industry and the issues involved in its transition away from a regulated environment. The book begins by broadly surveying the industry, from a regulated utility structure to the major concepts of de-regulation to the history of electricity, the technical aspects, and the business of power. Then, the authors delve into the technologies and functions on which the industry operates; the many ways that power is used; and the various means of power generation, including central generating stations, renewable energy, and single-household size generators. The authors then devote considerable attention to the details of regulation and de-regulation. To conclude, one new chapter examines aging infrastructures and reliability of service, while another explores the causes of blackouts and how they can be prevented. Based on the authors' extensive experience, Understanding Electric Utilities and De-Regulation, Second Edition offers an up-to-date perspective on the major issues impacting the daily operations as well as the long-term future of the electric utilities industry.
Author : Indiana University. School of Public and Environmental Affairs
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (325 download)
Download or read book The Future of Incentive Regulation in the Electric Utility Industry written by Indiana University. School of Public and Environmental Affairs and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John H. Landon
Publisher :
ISBN 13 :
Total Pages : 129 pages
Book Rating : 4.:/5 (279 download)
Download or read book Incentive Regulation in the Electric Utility Industry written by John H. Landon and published by . This book was released on 1993 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Edison Electric Institute. Rate Regulation Department
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (86 download)
Download or read book Incentive Regulation in the Electric Utility Industry written by Edison Electric Institute. Rate Regulation Department and published by . This book was released on 1988 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Carl Pechman
Publisher : Springer Science & Business Media
ISBN 13 : 1461532582
Total Pages : 234 pages
Book Rating : 4.4/5 (615 download)
Download or read book Regulating Power: The Economics of Electrictiy in the Information Age written by Carl Pechman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modem industrial society functions with the expectation that electricity will be available when required. By law, electric utilities have the obligation to provide electricity to customers in a "safe and adequate" manner. In exchange for this obligation, utilities are granted a monopoly right to provide electricity to customers within well-defmed service territories. However, utilities are not unfettered in their monopoly power; public utility commissions regulate the relationship between a utility and its customers and limit profits to a "fair rate of return on invested capital. " From its inception through the late 1970s, the electric utility industry's opera tional paradigm was to continue marketing electricity to customers and to build power plants to meet customer needs. This growth was facilitated by a U. S. energy policy predicated upon the assumption that sustained electric growth was causally linked to social welfare (Lovins, 1977). The electric utility industry is now in transition from a vertically integrated monopoly to a more competitive market. Of the three primary components (generation, transmission, and distribution) of the traditional vertically integrated monopoly, generation is leading this transformation. The desired outcome is a more efficient market for the provision of electric service, ultimately resulting in lower costs to customers. This book focuses on impediments to this transformation. In partiCUlar, it argues that information control is a form of market power that inhibits the evolution of the market. The analysis is presented within the context of the transformation of the U. S.
Author : Edison Electric Institute
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (28 download)
Download or read book Types of Incentive Regulation written by Edison Electric Institute and published by . This book was released on 1993 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Inara Scott
Publisher :
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4.:/5 (13 download)
Download or read book Incentive Regulation, New Business Models, and the Transformation of the Electric Power Industry written by Inara Scott and published by . This book was released on 2017 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electric utility sector is in the midst of paradigmatic change. Market forces include decreased load growth and technological advances in distributed energy resources, alongside pressures for decarbonization, and demands for increased efficiency and new utility services. Meanwhile, as the utility monopoly is undermined and profits slow, financial analysts signal increasing risk to potential utility investors. Suggestions for transforming the existing regulatory structure abound. At the broadest level, such proposals reflect an established divide between energy policy, which traditionally focuses on economics and markets, and environmental law, which is based in the protection of natural resources and ecosystems. To marry the two camps and reach the desired end-goals of both industry and environmental advocates, an integrated approach -- merging economic, regulatory, and environmental perspectives -- must be taken. A key aspect of the analysis must be the recognition that regulation create incentives, and incentive-based regulation can and should be used to further goals for the new utility system. This Article: (1) identifies regulatory and economic incentives embedded in the current utility system; (2) assesses current market trends and new utility goals; and (3) analyzes the intersection of embedded regulatory incentives and key proposals for regulatory changes in light of the new goals. It finds that proposals for regulatory change often fail to account for existing regulatory incentives, and ignore opportunities to use regulatory incentives to modify and incentivize desired utility behavior. It concludes with recommendations for ways to incorporate incentive-based regulation in proposals for new utility regulatory structures.
Author : Shmuel S. Oren
Publisher : Springer Science & Business Media
ISBN 13 : 1461531403
Total Pages : 341 pages
Book Rating : 4.4/5 (615 download)
Download or read book Service Opportunities for Electric Utilities: Creating Differentiated Products written by Shmuel S. Oren and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is the proceedings of a symposium held at the University of California at Berkeley, September 12-14, 1990. It was sponsored by the Electric Power Research Institute (EPR!) and by the University of California University-Wide Energy Research Group (UERG). The sympo sium brought together researchers and practitioners from academia, the utility industry, private and public organizations and regulatory agencies to address various challenges and opportunities related to product differen tiation in the electric power industry. Electric utilities are evolving rapidly from commodity-oriented services to product-oriented services. Utilities are offering menus of service options tailored to the needs of different customers. Reliability is one important dimension of electric service that lends itself to such product differentia tion., Options include lower rate curtail able services for industrial cus tomers, higher reliability power for some commercial customers, and load control with rebates for residential customers., These specialized services are a first step toward the product differentiation goal of allowing all customers to choose the type of service best suited to their electricity needs. The symposium provided a forum for in depth examination of the complex planning, development, and implementation issues associated with differ entiated products. Its specific objectives were to: xviii • Review the state of the art in implementing reliability differ entiated electric services. • Address the entire process for developing and implementing reliability differentiated product menus including research, design, marketing, implementation, and evaluation. • Consider technical, economic, and regulatory barriers to imple menting reliability differentiated product design.
Author : United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Regulation
Publisher :
ISBN 13 :
Total Pages : 414 pages
Book Rating : 4.3/5 (121 download)
Download or read book Public Utility Regulatory Policies Act amendments written by United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Regulation and published by . This book was released on 1982 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Steven Nadel
Publisher :
ISBN 13 :
Total Pages : 320 pages
Book Rating : 4.3/5 ( download)
Download or read book Regulatory Incentives for Demand-side Management written by Steven Nadel and published by . This book was released on 1992 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current regulatory system often serves to financially reward utilities that sell more electricity and penalise those that sell less, thus discouraging energy efficiency. To address the problem, a variety of reforms have been proposed and implemented to make the least-cost plan for meeting future electricty needs the most-profit plan for the utility. This book brings together contributions by over 20 experts who are currently shaping regulatory incentives across the US. These experts analyze: leading incentive mechanisms; rationales for regulatory incentives; how incentives evolved; linkages to programme evaluation; impacts of incentives on utilities; and the future direction of incentives.
