A01=Karen L. Palmer
A01=Salvador A. Martinez
A01=Timothy J. Brennan
Author_Karen L. Palmer
Author_Salvador A. Martinez
Author_Timothy J. Brennan
California Independent System Operator
Category=KJV
Category=KNBL
commission
competitive electricity market challenges
Competitive Transition Charge
DSM Program
electricity
Electricity Restructuring
energy
Energy Conservation
energy sector restructuring
Energy Sources
environmental policy electricity
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Exempt Wholesale Generators
federal
FERC Jurisdiction
grid reliability analysis
ISO
Issue Tax Exempt Debt
local
Local Distribution Company
Lump Sum Charge
MAPP
market power mitigation
markets
Net Metering
Opening Electricity Markets
organizations
Otter Tail
power system economics
regional
regulatory
Retail Competition
Retail Electricity Sales
RTO
RTOs
Shopping Credit
Southwest Power Pool
Stranded Cost Recovery
System Benefits Charge
transmission
UDC
utility regulation policy
Product details
- ISBN 9781891853074
- Weight: 385g
- Dimensions: 191 x 235mm
- Publication Date: 11 Mar 2002
- Publisher: Taylor & Francis Inc
- Publication City/Country: US
- Product Form: Paperback
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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.
Timothy J. Brennan is a professor of policy sciences and economics at the University of Maryland, Baltimore County and a senior fellow at Resources for the Future (RFF).
Karen L. Palmer is a senior fellow at RFF. Both Brennan and Palmer are coauthors of A Shock to the System: Restructuring America's Electricity Industry (1996).
Salvador A. Martinez is a Ph.D. student in the Department of Economics at the University of Florida.
