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RESTRUCTURING ELECTRICITY SUPPLIERS

RESTRUCTURING ELECTRICITY SUPPLIERS AND MARKETS

Emerging public energy policies and regulation options are described, principally for the U.S., but for other countries as well. Problems inherent in some reform ideas, yet to be addressed much less solved by policy-makers, are listed. Attention is directed to practical, real-world matters of economics, politics and public infrastructure policy necessary to be resolved, in the U.S. context alone, before a workable reorganized (electric energy) infrastructure can be realized and accepted. Controversy is sure to rage over 'regulated competition' v. 'deregulation' and 'rivatization' -- simply as ideas and paradigms. The final third of the paper outlines a possible framework for a comprehensive energy, environmental, and economic policy for the United States. Treating the future, it possesses every opportunity to be 'wrong' and simply a guess never to be realized; and, like every idea at one of its early stages, it is sensible, naive, plausible. The thesis, of course, is that lighting, watering, and protecting the earth are group activities too important for controversy and rage to disrupt. Wars in oil-rich nations, domestic political and economic debates, think-tank scientific monographs like those reviewed here, interested-party (gored-ox) press extravaganzas, even Unabomber and 'freemen' activities suggest that disruptions will recur: again and again. The policy challenge is to eschew and ignore the rage, placing group hope on quiet wisdom, if not cold science -- on peacemakers and pacesetters, if not politicians -- and on an economically strengthened ecology, not a destroyed or even damaged one.

PROPOSED ENERGY INFRASTRUCTURE REFORM

A decade and a half ago, Howe and Rasmussen (1982, p. 62) were able to assert:

In the United States, an administrative process for the regulation of public utilities replaced competition among firms as a means of prescribing acceptabl...

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RESTRUCTURING ELECTRICITY SUPPLIERS. (1969, December 31). In LotsofEssays.com. Retrieved 22:27, March 28, 2024, from https://www.lotsofessays.com/viewpaper/1682661.html