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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

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.

Keywords: Deregulation, Electricity, Markets, Utilities, Energy

JEL Classifications: K23

Accepted Paper Series

Date posted: September 05, 2005 ; Last revised: September 20, 2005

Suggested Citation

Shapiro, Sidney A. and Tomain, Joseph P., Rethinking Reform of Electricity Markets. Wake Forest Law Review, Vol. 40, pp. 497-543, 2005; U of Cincinnati Public Law Research Paper No. 05-18. Available at SSRN: http://ssrn.com/abstract=796805

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Contact Information

Joseph P. Tomain (Contact Author) University of Cincinnati - College of Law ( email ) P.O. Box 210040 Cincinnati, OH 45221-0040 United States 513-556-6805 (Phone) 513-556-6265 (Fax)
Sidney A. Shapiro Wake Forest University School of Law ( email ) P.O. Box 7206 Winston-Salem, NC 27109 United States 336-758-5430 (Phone)

Abstract

Footnotes (211)

Date posted: September 05, 2005 ; Last revised: September 20, 2005

Suggested Citation

Contact Information

Joseph P. Tomain (Contact Author)

Sidney A. Shapiro