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Transmission Pricing and Stranded Costs in the Electric Power Industry

1995 Business & Economics
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Release : 1995
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Transmission Pricing and Stranded Costs in the Electric Power Industry by : William J. Baumol

Download or read book Transmission Pricing and Stranded Costs in the Electric Power Industry written by William J. Baumol. This book was released on 1995. Available in PDF, EPUB and Kindle. Book excerpt: Stranded costs are those costs that electric utilities currently permitted to recover through their rates but whose recovery may be impeded or prevented by the advent of competition in the industry. Estimates of those costs run from the tens to the hundreds of billions of dollars. Should regulators permit utilities to recover stranded costs while they take steps to promote competition in the electric power industry? William J. Baumol and J. Gregory Sidak argue that on both efficiency and equity grounds the answer to that question should be yes. The authors show that a transmission price, the price for sending electricity over the transmission grid, can be determined in a manner that is compatible with economic efficiency and clearly neutral in its effects upon all competitors in electricity generation. A correctly constructed regime of transmission pricing may in fact achieve the efficiency and equity goals that justify the recovery of stranded costs.

Electricity Transmission Pricing and Technology

2012-12-06 Business & Economics
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Release : 2012-12-06
Genre : Business & Economics
Kind : eBook
Book Rating : 046/5 ( reviews)

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Book Synopsis Electricity Transmission Pricing and Technology by : Michael A. Einhorn

Download or read book Electricity Transmission Pricing and Technology written by Michael A. Einhorn. This book was released on 2012-12-06. Available in PDF, EPUB and Kindle. Book excerpt: The electric utility industry and its stakeholders in the. United States appear to be at a critical juncture in time. Powerful forces of global proportions are propelling the industry instinctively and in a secular fashion towards restructuring. That the industry will change is a fait accomplii. The nature and timing of the change is still a matter of intense debate, however. Because of the evolution of the industry into its present-day form, i.e. regulated local monopolies in their designated franchise service territories, the relative roles and expectations of various institutions would have to change to conform to the new state in the future. In either encouraging, or allowing this change to happen, society is essentially saying that future societal welfare would be better served by the changed structure contemplated. What that assumption translates into in more direct terms is that creation of future wealth would be better accomplished through redistribution of wealth today. Thoughtful individuals recognize the enormous responsibility placed upon the various entities empowered with jurisdiction over the timing and nature of the structural change. They are trying hard to bring analytical rigor to bear on the debate. One very critical element of this debate on restructuring is the issue of the treatment of transmission. The issue has been variously labeled transmission access, or pricing. Volumes have been written and spoken on this topic.

Electricity Transmission Pricing and Technology

2013-11-11 Medical
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Release : 2013-11-11
Genre : Medical
Kind : eBook
Book Rating : 101/5 ( reviews)

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Book Synopsis Electricity Transmission Pricing and Technology by : A.F. Kalverboer

Download or read book Electricity Transmission Pricing and Technology written by A.F. Kalverboer. This book was released on 2013-11-11. Available in PDF, EPUB and Kindle. Book excerpt: The electric utility industry and its stakeholders in the.United States appear to be at a critical juncture in time. Powerful forces of global proportions are propelling the industry instinctively and in a secular fashion towards restructuring. That the industry will change is a fait accomplii. The nature and timing of the change is still a matter of intense debate, however. Because of the evolution of the industry into its present-day form, i.e. regulated local monopolies in their designated franchise service territories, the relative roles and expectations of various institutions would have to change to conform to the new state in the future. In either encouraging, or allowing this change to happen, society is essentially saying that future societal welfare would be better served by the changed structure contemplated. What that assumption translates into in more direct terms is that creation of future wealth would be better accomplished through redistribution of wealth today. Thoughtful individuals recognize the enormous responsibility placed upon the various entities empowered with jurisdiction over the timing and nature of the structural change. They are trying hard to bring analytical rigor to bear on the debate. One very critical element of this debate on restructuring is the issue of the treatment of transmission. The issue has been variously labeled transmission access, or pricing. Volumes have been written and spoken on this topic.

The Changing Structure of the Electric Power Industry 2000: An Update

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Release :
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Kind : eBook
Book Rating : 051/5 ( reviews)

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Book Synopsis The Changing Structure of the Electric Power Industry 2000: An Update by :

Download or read book The Changing Structure of the Electric Power Industry 2000: An Update written by . This book was released on . Available in PDF, EPUB and Kindle. Book excerpt:

A Shock to the System

2014-04-04 Technology & Engineering
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Release : 2014-04-04
Genre : Technology & Engineering
Kind : eBook
Book Rating : 82X/5 ( reviews)

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Book Synopsis A Shock to the System by : Timothy J. Brennan

Download or read book A Shock to the System written by Timothy J. Brennan. This book was released on 2014-04-04. Available in PDF, EPUB and Kindle. Book excerpt: A Shock to the System is a guide to the decisions that will be faced by electricity providers, customers, and policymakers. Produced by a team of analysts at Resources for the Future, this concise and balanced work provides background necessary to understand the increasing role of competition in electricity markets. The authors introduce important concepts and terminology, and offer the history of public policy regarding electricity. They identify the significant proposals for implementing competition, and examine the potential consequences for regulation, industry structure, cost recovery, and the environment.

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