Rothwell G., Gómez T. (Eds.) Electricity Economics: Regulation and Deregulation

IEEE Press + Wiley, 2003, 276 p., ISBN: 0471234370This book was written for the thousands ofprofessionals working in the electric utility industries around the world who need to understand the economics underlying changes in electricity regulation and emerging electricity markets. Electric utilities are undergoing profound transformations: nationally owned systems are becoming privatized, privately owned systems that were regulated are becoming deregulated, and national systems are becoming international.The underlying theme of these changes is one of replacing monopoly with competition. Changes in electricity generation technology have prompted the realization that generation need not be a regulated monopoly to be socially efficient. Unlike transmission and distribution, which are best served by regulated monopolies under current technology, the regulation of generation and retail sales might be best done through market discipline.Nomenclature
Electricity Regulation and Deregulation
Electricity Economics
The Cost of Capital
Electricity Regulation
Competitive Electricity Markets
The Californian Power Sector
The Norwegian and Nordic Power Sectors
The Spanish Power Sector
The Argentine Power Sector