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RESTRUCTURING ELECTRICITY SUPPLIERS

attained:

The standard of living enjoyed by the United States, Canada, and other industrialized nations results in large part from readily accessible and relatively cheap energy (Castillon, 1992, p. 307).

Cicchetti and Sepetys (1996) make clear that the impetus for a transition from cost-of-service regulation toward increased competition has come, strangely enough, from the regulators -- the Federal Energy Regulatory Commission (FERC) and several state utility commissions. These authors leap, in their first paragraph, to point out that 'privatization' is not the same thing as 'deregulation,' particularly in the energy-supply business; and there is likely to be more rather than less regulation of a more competitive energy industry, at least for some time (Cicchetti and Sepetys, 1996). Perhaps the regulators are simply attempting to make additional or more stimulating work for themselves. More likely, they are responding in a political way to broad, simmering fury -- that folks do not f

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RESTRUCTURING ELECTRICITY SUPPLIERS. (1969, December 31). In LotsofEssays.com. Retrieved 10:06, May 10, 2024, from https://www.lotsofessays.com/viewpaper/1682661.html