Rethinking Reform of Electricity Markets
Sidney A. Shapiro
Wake Forest University School of Law
Joseph P. Tomain
University of Cincinnati - College of Law
Wake Forest Law Review, Vol 40, pp. 497-543, 2005
U of Cincinnati Public Law Research Paper No. 05-18
Rethinking Reform starts with a thought experiment about the complete deregulation of electricity markets. The article goes on to discuss how the traditional model of utility regulation has served its useful purpose and must be replaced. The two recommendations made in the article include the use of marginal cost pricing and an array of smart energy technologies to create a better and more efficient energy policy.
Number of Pages in PDF File: 48
Keywords: Deregulation, Electricity, Markets, Utilities, Energy
JEL Classification: K23
Date posted: September 5, 2005
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