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The political economy of retail wheeling, or how to not re-fight the last war

Journal Article · · Electricity Journal
Disparities in utility rates - observably the result of poor supply-side resource planning - have been small before and will be small once again. Retail wheeling`s promise of short-run gains for a few would, ironically, destroy integrated resource processes in place today that guard against a repeat of yesterday`s planning mistakes. The authors argue that retail wheeling is a troubling answer to a mis-diagnosis of yesterday`s problem. They believe that a variety of other policies offer most of the benefits and few of the risks that retail wheeling poses. These include aggressive wholesale competition, judicious pruning of uneconomic capacity, and serious incorporation of environmental risks into utility planning and regulation.
OSTI ID:
35423
Journal Information:
Electricity Journal, Journal Name: Electricity Journal Journal Issue: 3 Vol. 7; ISSN ELEJE4; ISSN 1040-6190
Country of Publication:
United States
Language:
English

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