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Article Excerpt
Electricity Economics: Regulation and Deregulation, edited by GEOFFREY S. ROTHWELL AND TOMAS GOMEZ, (Wiley-IEEE Press, 2003), 304 pages. ISBN: 0-471-23437-0
The editors produced this book for the thousands of professionals working in the electric utility industries worldwide who need to understand the underlying changes that are occurring. Originally, it was a manual for the Russian Federal Energy Commission to train electricity rate regulators in the principles of economics and finance involved in regulating electricity markets and deregulating electricity generation.
This book is organized into two parts. The first section consists of five chapters covering the basics of electricity regulation, economics, finance, and competitive electricity markets. The remaining four chapters are individual case studies of the power sectors in California, Norway and the Nordic region, Spain, and Argentina. The case studies are really descriptions...
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