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The electric power sector operates under an archaic regulatory system that is ill-equipped to oversee a competitive, restructured, regionally-organized industry. This book offers the first systematic discourse on regional aspects of regulatory reform, sharing topical perspectives from leading actors and regional case studies that show how the debate plays out on the ground. It frames the policy debate, applies economic and political theoretical lenses to federalism issues, and outlines options for regulatory reform, modes of cooperation, and an analytical basis for decisions. Most important, it provides a strategic road map for the industry over the coming decade. Contributors include current and former regulators at the State and Federal levels, senior utility executives, leading advocates, government policy makers and academics, including Michael Danielson, Michehl Gent, Kenneth Gordon, Kevin Kelly, Raymond Maliszewski, Richard O'Neill, Jackie Pfannensteil, Mary Sharpe Hayes, Charles Stalon, and many others.
List of contents
List of Figures
Preface and Acknowledgments
Introduction: Electricity Meets Federalism by Clinton J. Andrews
Topical PerspectivesThe Debate Over Change: Increasing Competition in the Electric Power Industry by Charles G. Stalon
Real planning, Sham Competition, and State Regulation by David R. Wooley and Alfred Cavallo
Change in a Federal System: Thinking Politically About American Federalism by Michael N. Danielson
A Basis for Allocating Regulatory Responsibilities by Kenneth Gordon and Christopher Mackie-Lewis
Options for Regulatory Reform: Planning versus Competition and Incentives: Conflicts, Complements, or Evolution by Kenneth Rose
Network Oligopoly Regulation: An Approach to Electric Federalism by Richard P. O'Neill and Charles S. Whitmore
Modes of Cooperation: Inter-jurisdictional Economic Cooperation: Regional Power Markets by Kevin A. Kelly
Inter-jurisdictional Environmental Cooperation: Regional Emissions Trading by Praveen K. Amar, Michael J. Bradley, and Donna M. Boysen
Inter-firm Cooperation: Maintaining Reliability of Electricity Supply by Michehl R. Gent
The Analytical Basis for Decisions: Bottom-up Analysis for Utility Decisions: Company, State, and Regional Models by Benjamin F. Hobbs
Top-Down: The National Energy Modeling System by Mary J. Hutzler
Case Studies and Analysis of Regional SystemsNorthwest Power Planning Council: Case by Richard H. Watson, Comment by Kenneth Costello
New England: Case by Stephen R. Connors, Comment by Barry Solomon
American Electric Power Company: Case by Raymond M. Maliszewski, Comment by Jerry Wissman
New York: Case by William J. Balet and Charles R. Guinn, Comment by Richard Schuler
Pacific Gas & Electric Company: Case by Jackie Pfannenstiel, Steven Kline, and Kathy Treleven, Comment by Lyna Wiggins
Tennessee Valley Authority: Case by Mary Sharpe Hayes, Comment by Allan Pulsipher
European Community: Case by Francis McGowan, Comment by Richard D. Tabors
Regional Diversity: Circumstance or Choice? by Clinton J. Andrews
Bibliography
Index
About the author
CLINTON J. ANDREWS teaches at Rutgers University. Previously, he was at the Woodrow Wilson School of International Affairs at Princeton University, where he helped launch a program in Science, Technology, and Public Policy. He has developed an expertise in policy analysis from the bottom-up perspectives of engineering and planning. His non-academic background includes engineering project management in the private sector and technology assessments for government. His recent academic work focuses on the modeling and analysis of regional electric power systems and other problems involving multi-party decision making and regulatory policy. Professor Andrews was educated at Brown University and MIT.
