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NEDO report (April, 1995). Restructuring California's electric services industry

Abstract

Recognizing nationwide changes in the electric utilities industry, Congress enacted the Energy Policy Act of 1992 (EPAct). The purpose is to foster competition and a basis on market mechanisms as the preferred means to develop and deliver energy services. The California Public Utilities Commission (CPUC) hoped to better understand this change while emphasizing efforts to maintain safe, reliable, and reasonably priced electric service. According to the report in February, 1993, CPUC was considering reform of its regulatory program in view of technological change, competitive pressures and emerging market forces. Further, new electric service providers have entered the industry, intensifying competition and producing the opportunity and pressure for consumer choice. Consequently, CPUC are asking the industry to adopt strategic measures to deal with the regulation such as reduced costs and development of efficient innovative services. Hearings have been repeated for the revision of the law; however, the confusion will continue for the time being. Some kind of revision will be concluded within 1995; however, no deregulation will be implemented for the power industry probably until 1996. (NEDO)
Publication Date:
Apr 01, 1995
Product Type:
Technical Report
Report Number:
JP-NEDO-020004294
Resource Relation:
Other Information: PBD: Apr 1995
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; CALIFORNIA; ELECTRIC POWER INDUSTRY; INSTITUTIONAL FACTORS; LEGISLATION; COMPETITION; MARKET; DEREGULATION; SAFETY; RELIABILITY; PRICES; TECHNOLOGY IMPACTS; HEARINGS
OSTI ID:
20155520
Research Organizations:
New Energy and Industrial Technology Development Organization, Tokyo (Japan)
Country of Origin:
Japan
Language:
English
Other Identifying Numbers:
TRN: JN0042037
Availability:
Available to ETDE participating countries only(see www.etde.org); commercial reproduction prohibited; OSTI as DE20155520
Submitting Site:
NEDO
Size:
[200] pages
Announcement Date:
Jun 06, 2002

Citation Formats

None. NEDO report (April, 1995). Restructuring California's electric services industry. Japan: N. p., 1995. Web.
None. NEDO report (April, 1995). Restructuring California's electric services industry. Japan.
None. 1995. "NEDO report (April, 1995). Restructuring California's electric services industry." Japan.
@misc{etde_20155520,
title = {NEDO report (April, 1995). Restructuring California's electric services industry}
author = {None}
abstractNote = {Recognizing nationwide changes in the electric utilities industry, Congress enacted the Energy Policy Act of 1992 (EPAct). The purpose is to foster competition and a basis on market mechanisms as the preferred means to develop and deliver energy services. The California Public Utilities Commission (CPUC) hoped to better understand this change while emphasizing efforts to maintain safe, reliable, and reasonably priced electric service. According to the report in February, 1993, CPUC was considering reform of its regulatory program in view of technological change, competitive pressures and emerging market forces. Further, new electric service providers have entered the industry, intensifying competition and producing the opportunity and pressure for consumer choice. Consequently, CPUC are asking the industry to adopt strategic measures to deal with the regulation such as reduced costs and development of efficient innovative services. Hearings have been repeated for the revision of the law; however, the confusion will continue for the time being. Some kind of revision will be concluded within 1995; however, no deregulation will be implemented for the power industry probably until 1996. (NEDO)}
place = {Japan}
year = {1995}
month = {Apr}
}