Description
This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation.
Table of Contents
LIST OF CONTRIBUTORS, STATEMENT OF SCOPE, 1. INTRODUCTION, 2. IS ANYTHING NATURALLY A MONOPOLY?, EDITORS’ FOREWORD TO CHAPTER, 3. THE ORIGINS AND DEVELOPMENT OF ELECTRIC POWER REGULATION, 4. THE “REGULATORY CONTRACT”, 5. THE ZENITH OF THE NATURAL MONOPOLY SYSTEM, EDITORS’ FOREWORD TO CHAPTER, 6. WHITHER NATURAL MONOPOLY? THE CASE OF ELECTRICITY, 7. UNIVERSAL SERVICE IN COMPETITIVE RETAIL ELECTRIC MARKETS: REFIN(ANQING THE DUTY TO SERVE FOR A POST NATURAL MONOPOLY ERA, 8. STRANDED BENEFITS VERSUS STRANDED COSTS IN UTILITY DEREGULATION, EDITORS’ FOREWORD TO CHAPTERS 9 AND 10, 9. WHY THE MUSIC IS OFF-KEY WHEN LAWYERS SING FROM ECONOMISTS’ SONGBOOKS OR WHY PUBLIC UTILITY DEREGULATION WILL FAIL, 10. DOES THE END OF A NATURAL MONOPOLY MEAN DEREGULATION?
