Chapter

Introduction A Primer on Electricity and the Economics of Deregulation

James M. Griffin and Steven L. Puller

in Electricity Deregulation

Published by University of Chicago Press

Published in print August 2005 | ISBN: 9780226308562
Published online February 2013 | e-ISBN: 9780226308586 | DOI: http://dx.doi.org/10.7208/chicago/9780226308586.003.0001
Introduction A Primer on Electricity and the Economics of Deregulation

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This introductory chapter provides a primer on electricity in order to explain how economists think about deregulation and to preview the contents of the rest of the book. The first section of this volume describes experiences and case studies in electricity restructuring and the second section is about policies for successful market design. The specific topics covered in this book include the difficult transition to competitive electricity markets in the U.S., the restructuring of the electricity industry in England and Wales and the oversight restructured electricity markets.

Keywords: electricity industry; deregulation; electricity restructuring; electricity markets; U.S.; England; Wales

Chapter.  10852 words.  Illustrated.

Subjects: Econometrics and Mathematical Economics

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