Transition to competition in the electric-utility industry
Changing technological and supply conditions have dramatically altered the structure and costs of the electric utility industry. Assurance of the continued financial viability of the industry, maintenance of adequate levels of supply reserves, and reliability and protection of interests of residential and industrial consumers requires that a fundamental re-examination of traditional power-delivery institutions occur. The purpose of this article is to begin such an inquiry by proposing a menu of positive solutions to some of the basic problems facing the electric-utility industry. This article, however, is not intended, nor is it structured, as a traditional review of the law, and relatively little attention is paid to legal precedent. The framework that regulates the electric-utility industry today was built in the first forty years of this century, without any precedent, and structured to adapt to the changing environment of that time. Now that the industry has matured, it is only reasonable to look at how it can be shaped to reflect today's dynamic environment. Thus, it is the intent of this article to be a prospective policy paper that coherently addresses the problems of the industry and presents the solutions necessary for it to thrive in the future. 1 table.
- Research Organization:
- Palmer Bellevue Corp., Chicago, IL (USA)
- OSTI ID:
- 6955661
- Journal Information:
- J. Energy Law Policy; (United States), Vol. 8:2
- Country of Publication:
- United States
- Language:
- English
Similar Records
Livermore Lab's giant laser system will bring star power to Earth
The SURE House (Solar Decathlon 2015)