Making Competition Work in Electricity (eBook)

Sally Hunt (Autor)

eBook Download: PDF

2002 | 1. Auflage
450 Seiten
John Wiley & Sons (Verlag)
978-0-471-26602-0 (ISBN)

Infos

An expert's perspective on how competition can make this industrywork. There has never been a coherent plan to restructure theelectricity industry in the USâ??until now. Power expert SallyHunt gets down to the critical lessons learned from the Californiapower crisis and other deregulated markets, in which competitionhas been introduced properly and successfully.

Hunt presents sensible solutions to power market reform thathave been cultivated over her twenty years of professional work inthe industry. Sally Hunt (New York, NY) spent twenty years atNational Economic Research Associates, where she was head of NERA'sU.S. energy practice and a member of the board. Coauthor ofCompetition and Choice in Electricity with Graham Shuttleworth(0471957828), she has served as Corporate Economist at Con Edison,Deputy Director of the New York City Energy Office, and AssistantAdministrator of the New York City Environmental ProtectionAdministration. Over the years, financial professionals around theworld have looked to the Wiley Finance series and its wide array ofbestselling books for the knowledge, insights, and techniques thatare essential to success in financial markets. As the pace ofchange in financial markets and instruments quickens, Wiley Financecontinues to respond. With critically acclaimed books by leadingthinkers on value investing, risk management,asset allocation, andmany other critical subjects, the Wiley Finance series provides thefinancial community with information they want. Written to provideprofessionals and individuals with the most current thinking fromthe best minds in the industry, it is no wonder that the WileyFinance series is the first and last stop for financialprofessionals looking to increase their financial expertise.

Autor

SALLY HUNT was head of the energy practice at NERA, an international consulting firm, and coauthored Competition and Choice in Electricity (Wiley). She has advised governments around the world on competition in the electricity industry, and has worked closely with many electric companies on implementation.

Inhalt

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 withElectricity.

Appendix E: Building New Generators--When, Where, and How.

Appendix F: Building New Transmission--When, Where, and How.

Glossary.

Index.

Rezensionen

"...for PowerUK readers, the book should beindispensable...provides a useful introduction to the problemsthat have dogged the US so enabling UK readers to put parochialenergy matters in a global context..." (PowerUK, October 2002)

"...IT will undoubtedly become recommended, if notrequired, reading for students, researchers, regulators, and theindustry alike..."(The Journal of Energy Literature,Vol.V111, No.2, 2002

Produkt-Details

• Erscheint lt. Verlag: 1.10.2002
• Reihe/Serie: Wiley Finance Editions
• Sprache: englisch
• Themenwelt: Technik ► Elektrotechnik / Energietechnik
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Schlagworte: Business & Management • Wirtschaft • Wirtschaft u. Management
• ISBN-10: 0-471-26602-7 / 0471266027
• ISBN-13: 978-0-471-26602-0 / 9780471266020