Rethinking Reform of Electricity Markets

48 Pages Posted: 5 Sep 2005

See all articles by Sidney A. Shapiro

Sidney A. Shapiro

Wake Forest University School of Law

Joseph P. Tomain

University of Cincinnati - College of Law

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 Classification: K23

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: https://ssrn.com/abstract=796805

Sidney A. Shapiro

Wake Forest University School of Law ( email )

P.O. Box 7206
Winston-Salem, NC 27109
United States
336-758-5430 (Phone)

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)

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