Alternating Currents: Electricity Markets and Public Policy

Author:   Timothy J. Brennan ,  Karen L. Palmer ,  Salvador A. Martinez
Publisher:   Taylor & Francis Inc
ISBN:  

9781891853074


Pages:   224
Publication Date:   11 March 2002
Format:   Paperback
Availability:   In Print   Availability explained
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Alternating Currents: Electricity Markets and Public Policy


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Overview

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.

Full Product Details

Author:   Timothy J. Brennan ,  Karen L. Palmer ,  Salvador A. Martinez
Publisher:   Taylor & Francis Inc
Imprint:   Resources for the Future Press (RFF Press)
Dimensions:   Width: 19.10cm , Height: 1.30cm , Length: 23.50cm
Weight:   0.385kg
ISBN:  

9781891853074


ISBN 10:   1891853074
Pages:   224
Publication Date:   11 March 2002
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Reviews

'An even better primer than Shock . . . excellent, balanced description of California Energy crisis. The best available introduction to electricity marketing restructuring.' Regulation 'This book belongs on the shelf of any stakeholder in the restructuring debate - and every journalist who reports on it.' Electricity Daily


'An even better primer than Shock ... excellent, balanced description of California Energy crisis. The best available introduction to electricity marketing restructuring.' Regulation 'This book belongs on the shelf of any stakeholder in the restructuring debate - and every journalist who reports on it.' Electricity Daily


'An even better primer than Shock . . . excellent, balanced description of California Energy crisis. The best available introduction to electricity marketing restructuring.' Regulation 'This book belongs on the shelf of any stakeholder in the restructuring debate - and every journalist who reports on it.' Electricity Daily


Author Information

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.

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