Description
Book SynopsisWritten originally as a manual for the Federal Energy Commission to train regional rate regulators, this is a clear, comprehensive primer on the principles of economics and finance underlying the regulation of electricity markets and the deregulation of electricity generation.
Trade Review"This training guide requires no familiarity with economics and uses a minimum of mathematics to provide power sector professionals with the tools to face change." (
Business Horizons, September-October 2004)
“...this collection is devoted tot he challenges that lie ahead in this area.” (Business Horizons, Vol. 47, No. 2, March/April 2004)
"...a useful addition to the introductory literature on electricity market deregulation..." (The Journal of Energy Literature, Vol.1X, No.1, 2003)
"...produced for...the thousands of professionals…who need to understand the underlying changes that are occurring...the value of this primer is that it covers many topics of regulatory economics...applicable to restructured electricity markets and introduces the reader to electricity markets..." (Energy Journal)
"This book, sponsored by the Institute of Electrical and Electronics Engineers, is really an economics tutorial. It could well be worth millions of dollars to the right industry niche players... I highly recommend this title for anyone playing in this niche financial and energy market." (Business Information Alert, Vol. 15, No. 9, October 2003)
"…I would recommend this book for self-study for any engineer…" (IEEE Power & Energy Magazine, July/Aug 2003)
Table of ContentsPreface.
Nomenclature.
Electricity Regulation and Deregulation.
Electricity Economics.
The Cost of Capital.
Electricity Regulation.
Competitive Electricity Markets.
The California Power Sector (Ryan Wiser, et al.).
The Norwegian and Nordic Power Sectors (Helle Grønli).
The Spanish Power Sector.
The Argentine Power Sector.
Glossary.
References.
Author Index.
Subject Index.
About the Authors.