As fundamental changes in supplier-purchaser relationships aresweeping the industry, this newly revised handbook offers timelyanalysis and practical strategies for operating in this newenvironment.Written by electric regulation specialists from theWashington law firm of Reid & Priest, this edition includes allnew coverage of least-cost planning, emissions allowances andtrading, transmission access and energy imports. Explains thedevelopment of power purchasing options; provides sample powerpurchase agreements and describes key provisions; and reviews thecurrent state of law in the field.