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...