This volume explores how Texas's groundbreaking program of electricity restructuring has become a model for truly competitive energy markets in the United States. The authors contend that restructuring in Texas has been successful because the industry is free from federal oversight within the state; because new investments in electricity supply have been encouraged to insure that increased demand for power is met; because restructuring has spurred the growth of more efficient electricity technologies and business models; because the markets integrate wholesale and retail competition; and because the operation of the transmission grid has been changed to maximize its efficiency.
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L. Lynne Kiesling is a senior lecturer in the department of economics at Northwestern University, and in the Social Enterprise at Kellogg (SEEK) program in the Kellogg School of Management at Northwestern University.
Andrew N. Kleit is a professor of energy and environmental economics and directs the program in Energy Business and Finance at the Pennsylvania State University.
L. Lynne Kiesling is a senior lecturer in the department of economics at Northwestern University, and in the Social Enterprise at Kellogg (SEEK) program in the Kellogg School of Management at Northwestern University.
Andrew N. Kleit is a professor of energy and environmental economics and directs the program in Energy Business and Finance at the Pennsylvania State University.
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Taschenbuch. Zustand: Neu. Neuware - Texas, alone among the states, has moved forward into a truly restructured electricity era. Texas's success is due to three factors: a competitive vision and the political leadership to carry it through; an institutional design whose transparent rules enable decentralized coordination; and ongoing regulatory analysis of market outcomes, combined with the willingness to use that analysis to revise market rules and facilitate competition. Leading scholars examine this important story. Artikel-Nr. 9780844742823
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