Application of antitrust to a deregulated electric utility: The future of power pooling
Journal Article
·
· Journal of Energy and Development; (United States)
OSTI ID:7041783
- Univ. of Akron, OH (United States)
The 1970s brought the first serious discussion of the need for a major restructuring of the electric utility industry. By 1980 it seemed all concerned were dissatisfied with the structure of an industry that had produced many decades of unparalleled progress. Investors, consumers, the government, and industry management all came to one conclusion: the 1970s brought fundamental and permanent change in the industry and we must now rethink the entire public policy approach toward this most crucial industry. Most observers now agree on two basic propositions: (1) new technologies have made the protected monopoly model obsolete in this industry and competition can be called upon in some areas to serve the regulatory function, and (2) government regulation is not providing and cannot provide an environment which will bring forth an efficient industry response to these new developments. Even in the face of increased competition, cooperation must be maintained among the power system components. This paper addresses the antitrust attitude toward those cooperative efforts. 106 refs.
- OSTI ID:
- 7041783
- Journal Information:
- Journal of Energy and Development; (United States), Journal Name: Journal of Energy and Development; (United States) Vol. 28:1; ISSN 0361-4476; ISSN JENDD2
- Country of Publication:
- United States
- Language:
- English
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