 Making Competition Work in Electricity
ISBN: 978-0-471-22098-5
Hardcover
450 pages
May 2002
US $85.00
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Introduction.
PART I: THE STANDARD PRESCRIPTION.
The Essential Aspects of Electricity.
Reforming the Industry.
Requirements for Competition: Demand Side.
Requirements for Competition: Supply Side.
Liquid, Efficient, and Complete Marketplaces.
Trading Arrangements.
Details of the Integrated Trading Model.
Transmission Business Model.
Issues in the Retail and Distribution Business.
Summary and Conclusions to Part One.
PART II: THE UNITED STATES.
The Structure of the Industry.
Changes in the 1990s.
The New Players.
Trading Arrangements in the United States.
Transmission Business Model.
Control of Market Power.
Retail Regimes.
Current Jurisdictional Situation.
Five Major Changes Revisited.
Appendix A: Electricity Restructuring in England and Wales.
Appendix B: National Grid Company (U.K.).
Appendix C: The California Crisis 2000-2001.
Appendix D: The U.S. Gas Experience--A Comparison with Electricity.
Appendix E: Building New Generators--When, Where, and How.
Appendix F: Building New Transmission--When, Where, and How.
Glossary.
Index.
PART I: THE STANDARD PRESCRIPTION.
The Essential Aspects of Electricity.
Reforming the Industry.
Requirements for Competition: Demand Side.
Requirements for Competition: Supply Side.
Liquid, Efficient, and Complete Marketplaces.
Trading Arrangements.
Details of the Integrated Trading Model.
Transmission Business Model.
Issues in the Retail and Distribution Business.
Summary and Conclusions to Part One.
PART II: THE UNITED STATES.
The Structure of the Industry.
Changes in the 1990s.
The New Players.
Trading Arrangements in the United States.
Transmission Business Model.
Control of Market Power.
Retail Regimes.
Current Jurisdictional Situation.
Five Major Changes Revisited.
Appendix A: Electricity Restructuring in England and Wales.
Appendix B: National Grid Company (U.K.).
Appendix C: The California Crisis 2000-2001.
Appendix D: The U.S. Gas Experience--A Comparison with Electricity.
Appendix E: Building New Generators--When, Where, and How.
Appendix F: Building New Transmission--When, Where, and How.
Glossary.
Index.
