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      Alternating Currents
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      Book

      Alternating Currents

      DOI link for Alternating Currents

      Alternating Currents book

      Electricity Markets and Public Policy

      Alternating Currents

      DOI link for Alternating Currents

      Alternating Currents book

      Electricity Markets and Public Policy
      ByTimothy J. Brennan, Karen L. Palmer, Salvador A. Martinez
      Edition 1st Edition
      First Published 2002
      eBook Published 3 November 2002
      Pub. Location New York
      Imprint Routledge
      DOI https://doi.org/10.4324/9781936331161
      Pages 224
      eBook ISBN 9781936331161
      Subjects Built Environment, Economics, Finance, Business & Industry, Environment and Sustainability
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      Brennan, T.J., Palmer, K.L., & Martinez, S.A. (2002). Alternating Currents: Electricity Markets and Public Policy (1st ed.). Routledge. https://doi.org/10.4324/9781936331161

      ABSTRACT

      Many states within the U.S., and many countries across the world, are opening their electicity markets to competition. Many others are uncertain about their plans. These differences emphasize the complexities involved in the technology and regulatory structure of the electricity industry--an industry for which the introduction of market competition has been notoriously difficult. In response to these challenges, Alternating Currents provides a timely overview and analysis of the concerns facing industry regulators, legislators, and others as they consider whether, when, and how to open electricity markets. Authors Brennan, Palmer, and Martinez offer background on the history of regulatory policy and the technology for producing and delivering electric power. They then provide insights into the policy debates and economic issues involved in eleven important topics, including industry structure, system integrity and reliability, the mitigation of market power, and environmental protection. Alternating Currents describes the recent events leading to the demise of retail competition in California with the intent on drawing lessons for the future. In the end, the authors offer their perspective about what makes electricity a unique resource and how those factors make the potential conflict between competition and reliability the most pressing of the long-term concerns about the transformation of the electric power industry.

      TABLE OF CONTENTS

      chapter 1|10 pages

      Issues in Restructuring the Electricity Industry

      part |2 pages

      Part I: How the Industry Got Here

      chapter 2|13 pages

      Understanding the Electricity Industry

      chapter 3|7 pages

      From Regulation to Competition

      chapter 4|13 pages

      International and U.S. Restructuring Experiences

      chapter 5|13 pages

      The California Experience

      part |2 pages

      Part II: Current Policy Issues

      chapter 6|10 pages

      Competition in Energy, Regulation of Wires

      chapter 7|10 pages

      Vertical Restructuring

      chapter 8|11 pages

      Regulating Rates for Transmission and Distribution

      chapter 9|14 pages

      Encouraging Competition

      chapter 10|10 pages

      Balancing Loads and Dispatching Power

      chapter 11|11 pages

      Ensuring Reliability in a Competitive Market

      chapter 12|9 pages

      State and Federal Roles

      chapter 13|13 pages

      Public Power’s Role after Restructuring

      chapter 14|10 pages

      Covering Stranded Costs

      chapter 15|14 pages

      Restructuring and Environmental Protection

      chapter 16|12 pages

      Public Purpose Programs in a Competitive Market

      part |2 pages

      Part III: The Future

      chapter 17|11 pages

      . Prospects for Restructuring

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