Synopsis
Electricity is one of the largest and most vital industries in the U.S. economy, with sales exceeding $200 billion annually. While electricity represents the backbone of commerce, industry, and household production, the structure of the industry has been changing in rather dramatic ways. After being heavily regulated for more than a century by local, state, regional, and federal authorities, deregulation is taking center stage.
In general, deregulation results in lower prices, more product choices, and more rapid technological advances. Conversely, rate regulation has inherent flaws, including the encouragement of waste and inefficiency, and a retarding of innovation. There is little doubt to the contributors of this book that putting regulation aside offers enormous efficiency gains in the production of electricity.
But can market forces handle the delicate matter of transmitting electricity when the simple model of supply and demand must be more precise than other goods and services? How much regulation does the electric industry need? The essays in this timely collection explore these difficult questions and propose a new, market-based plan to improve Americas electrical future.
Published in cooperation with The Independent Institute.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
À propos de l?auteur
Andrew N. Kleit is professor of energy and environmental economics at the Pennsylvania State University. He has been an economist for the Federal Trade Commission and the Council of Economic Advisers. Dr. Kleit is the coeditor of Competition Policy Enforcement: The Economics of the Antitrust Process (1996).
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Electric Choices: Deregulation and the Future of Electric Power
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Paperback. Etat : new. Paperback. Electricity is one of the largest and most vital industries in the U.S. economy, with sales exceeding $200 billion annually. While electricity represents the backbone of commerce, industry, and household production, the structure of the industry has been changing in rather dramatic ways. After being heavily regulated for more than a century by local, state, regional, and federal authorities, deregulation is taking center stage. In general, deregulation results in lower prices, more product choices, and more rapid technological advances. Conversely, rate regulation has inherent flaws, including the encouragement of waste and inefficiency, and a retarding of innovation. There is little doubt to the contributors of this book that putting regulation aside offers enormous efficiency gains in the production of electricity. But can market forces handle the delicate matter of transmitting electricity when the simple model of supply and demand must be more precise than other goods and services? How much regulation does the electric industry need? The essays in this timely collection explore these difficult questions and propose a new, market-based plan to improve America's electrical future.Published in cooperation with The Independent Institute. The electricity industry, one of the largest and most vital sectors of the US economy, has changed dramatically over years. This book explores the difficult questions surrounding deregulation and urges Americans to continue the transition to a market-based model. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9780742548763
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Electric Choices : Deregulation And the Future of Electric Power
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Rowman & Littlefield Publishers, 2006
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ISBN 13 : 9780742548763
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Paperback. Etat : new. Paperback. Electricity is one of the largest and most vital industries in the U.S. economy, with sales exceeding $200 billion annually. While electricity represents the backbone of commerce, industry, and household production, the structure of the industry has been changing in rather dramatic ways. After being heavily regulated for more than a century by local, state, regional, and federal authorities, deregulation is taking center stage. In general, deregulation results in lower prices, more product choices, and more rapid technological advances. Conversely, rate regulation has inherent flaws, including the encouragement of waste and inefficiency, and a retarding of innovation. There is little doubt to the contributors of this book that putting regulation aside offers enormous efficiency gains in the production of electricity. But can market forces handle the delicate matter of transmitting electricity when the simple model of supply and demand must be more precise than other goods and services? How much regulation does the electric industry need? The essays in this timely collection explore these difficult questions and propose a new, market-based plan to improve America's electrical future.Published in cooperation with The Independent Institute. The electricity industry, one of the largest and most vital sectors of the US economy, has changed dramatically over years. This book explores the difficult questions surrounding deregulation and urges Americans to continue the transition to a market-based model. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. N° de réf. du vendeur 9780742548763
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Kartoniert / Broschiert. Etat : New. Über den AutorAndrew N. Kleit is professor of energy and environmental economics at the Pennsylvania State University. He has been an economist for the Federal Trade Commission and the Council of Economic Advisers. Dr. Kleit is the . N° de réf. du vendeur 898552692
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