The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As "Electricity Deregulation" shows, successful deregulation is possible, although it is by no means a hands-off process in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the...
The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market ...
While everyone wants energy that is clean, cheap, and secure, these goals often conflict: traditional fossil fuels tend to be cheaper than alternative fuels, but they are hardly clean or (in the case of oil) secure. This timely book provides an easy-to-understand explanation of the issues as well as sensible proposals for a truly sustainable energy policy. Economist James Griffin points out that current energy policies are fatally flawed and that government policies should focus on "getting the prices right" so that the prices of fossil fuels reflect their true costs to...
While everyone wants energy that is clean, cheap, and secure, these goals often conflict: traditional fossil fuels tend to be cheaper than alternative...
This volume, originally published in 1982, brings together economists, political scientists and industry experts to explain OPEC s past achievements and future (in the early 1980s) prospects. The book opens with a clear, concise amd easy to follow treatment of the economics of exhaustible resources under monopoly and competition, the framework frequently used to examine pricing issues. The role of wealth maximisation, wealth satisficing and political factors as OPEC objectives are discussed and implications for world oil prices assessed. The stability of OPEC and the limitations of its...
This volume, originally published in 1982, brings together economists, political scientists and industry experts to explain OPEC s past achievement...