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U.S. Department of Energy
Office of Scientific and Technical Information

Electric power. Deregulation and the public interest

Book ·
OSTI ID:5358781
Recent decontrol of domestic oil prices, the breakdown in OPEC pricing discipline, and the phased deregulation of natural gas prices have restored a marked degree of stability to oil and gas markets, but consumers still face high and inequitable electricity rates, and the electric power industry is suffering a severe financial crisis and an uncertain future. This book examines regulatory structure of the industry and challenges the scale economies underlying the traditional, static ''natural monopoly'' theory of utilities. John Moorhouse and his colleagues analyze utility commission behavior, investment decisions, strategies for environmental protection, and the potential for deregulation of the electric power industry.
OSTI ID:
5358781
Country of Publication:
United States
Language:
English