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Rethinking Reform of Electricity MarketsSidney A. ShapiroWake Forest University School of Law Joseph P. TomainUniversity 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 Abstract: 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 Accepted Paper SeriesDate posted: September 5, 2005Suggested CitationContact Information
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