The electric utility industry has moved from a growth-oriented environment into a period of instability, competition and restructuring. This book outlines the strategic and organizational issues facing the industry and provides in-depth assessments of the impact of specific planning rules and regulatory mandates.
Among the issues explored are the development of independent power producers, implementation of lifeline rates, increasing emphasis on marginal costs, and mandated conservation programs. Many of the details are drawn from the experience of California utilities where regulatory and market experimentation has been the most extensive.
"If you need to understand `loss of load probability,' `marginal' and `avoided' costs and the planning and analysis methods that have come into use over the last ten years, you have your new textbook and field guide."
-- Sierra Club's Energy Report