Restructuring electricity policy and financial models

Leonard S. Hyman

Energy Economics, 2010, vol. 32, issue 4, 751-757

Abstract: The old, regulated electric industry provided reliable service, not necessarily in the most economic manner, at a declining real price. The semi-competitive electric industry model now operating in the United States and the UK has shown that electric companies can operate more efficiently than before, but it has not delivered significantly greater benefits to consumers than the old model. Financial modelers and policy makers should address those issues whose solution will provide the most bang for the buck, in order to bring about greater benefits to consumers.

Keywords: Electric; utilities; Deregulation; Electricity; market; Financial; model; Risk (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:32:y:2010:i:4:p:751-757

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