48 Pages Posted: 5 Sep 2005
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: 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