Description: Further DetailsTitle: Electricity RestructuringCondition: NewSubtitle: The Texas StoryISBN-10: 0844742821EAN: 9780844742823ISBN: 9780844742823Publisher: AEI PressFormat: PaperbackRelease Date: 12/01/2009Description: In the early 1990s, the U.S. electricity industry was plagued by cost overruns and stagnant productivity. Many states turned to deregulation to promote innovation and cut costs, a strategy that had worked for the telecommunications, trucking, natural gas, and airline industries. Yet, after the California energy market's infamous meltdown in 20002001 triggered the recall election of Governor Gray Davis, deregulation lost popular and political support. Plans to introduce competition and retail choice in electricity markets were stalled or abandoned nationwidein every state but Texas. This volume explores how Texas's groundbreaking program of electricity restructuring has become a model for truly competitive energy markets in the United States.The authors contend that restructuring in Texas has been successful because the industry is free from federal oversight within the state; because new investments in electricity supply have been encouraged to insure that increased demand for power is met; because restructuring has spurred the growth of more efficient electricity technologies and business models; because the markets integrate wholesale and retail competition; and because the operation of the transmission grid has been changed to maximize its efficiency. The success of electricity restructuring in Texas proves that deregulation is both feasible and potentially effective. State policymakers' commitment to competition, decentralized coordination, and ongoing market analysis have made Texas's electricity industry the most competitive in the country. Electricity Restructuring: The Texas Story offers a unique set of guidelines for deregulation done right.Language: EnglishCountry/Region of Manufacture: USItem Height: 230mmItem Length: 155mmItem Width: 18mmItem Weight: 394gAuthor: Lynne KieslingGenre: Business & FinanceRelease Year: 2009 Missing Information?Please contact us if any details are missing and where possible we will add the information to our listing.
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Publication Name: Electricity Restructuring
Title: Electricity Restructuring
Subtitle: The Texas Story
ISBN-10: 0844742821
EAN: 9780844742823
ISBN: 9780844742823
Release Date: 12/01/2009
Release Year: 2009
Country/Region of Manufacture: US
Book Title: Electricity Restructuring : the Texas Story
Number of Pages: 250 Pages
Language: English
Publisher: American Enterprise Institute for Public Policy Research
Item Height: 0.7 in
Publication Year: 2009
Topic: Physics / Electricity, Power Resources / Electrical, Economic Conditions, General
Genre: Technology & Engineering, Science, Business & Economics
Item Weight: 13.9 Oz
Author: Andrew N. Kleit, L. Lynne Kiesling
Item Length: 9.1 in
Item Width: 6.1 in
Format: Trade Paperback
