Choices and Challenges 2nd
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Electricity Deregulation by James M. Griffin
Book DescriptionThe electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As Electricity Deregulation shows, successful deregulation is possible, although it is by no means a hands-off process - in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the lessons learned from experiences such as California's market meltdown as well as the ill-conceived policy choices that contributed to those failures. More importantly, the essays that comprise Electricity Deregulation offers a number of innovative prescriptions for the successful design of deregulated electricity markets. Written with economists and professionals associated with each of the network industries in mind, this comprehensive volume provides a timely and astute deliberation on the many risks and rewards of electricity deregulation.
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Book DetailsISBN: 9780226308562
(235mm x 168mm x 35mm)
Imprint: University of Chicago Press
Publisher: The University of Chicago Press
Publish Date: 9-Sep-2005
Country of Publication: United States
Books By Author James M. Griffin
Smart Energy Policy, Hardback (June 2009)» View all books by James M. Griffin
Presents an explanation of issues and proposals for a truly sustainable energy policy. This book points out that various energy policies are fatally flawed and that government policies should focus on 'getting the prices right' so that the prices of fossil fuels reflect their true costs to society - including greenhouse gas and security costs.
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Author Biography - James M. Griffin
James M. Griffin is the Bob Bullock Chair in Public Policy and Finance at the Bush School of Government and Public Service at Texas A&M University. His books include Energy, Economics, and Policy and OPEC Behavior and World Oil Prices. Steven L. Puller is assistant professor of economics at Texas A&M University.
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