Transition-Cost Issues for Us Electricity Utilities1 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Transition-Cost Issues for Us Electricity Utilities1 write by Eric Hirst. This book was released on 2011. Transition-Cost Issues for Us Electricity Utilities1 available in PDF, EPUB and Kindle. Abstract The US electric-utility industry is in the midst of major changes. These changes include deintegration of the industry and substantial increases in competition. A major consequence of these changes is the exposure of transition costs. These costs, which amount to $100-$200 billion nationwide, reflect the differences between regulated prices for electricity generation and the prices that might occur in fully competitive power markets. The large financial stakes, equivalent to nearly the total value of US electric-utility common stock, guarantee controversy. Debates occur over transition-cost amounts; analytical and market methods to estimate these costs; the assets and liabilities to include in such calculations; the assumptions used in developing these estimates; approaches that can be used to offset some of these costs; the allocation of the remaining costs among utility shareholders, different classes of retail customers, independent power producers and other wholesale suppliers, and taxpayers; and appropriate cost-recovery mechanisms.
Electricity Pricing in Transition
Electricity Pricing in Transition - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Electricity Pricing in Transition write by Ahmad Faruqui. This book was released on 2002-09-30. Electricity Pricing in Transition available in PDF, EPUB and Kindle. Electricity Pricing In Transition is written to address the new issues facing utilities, retailers, regulators, and customers in the changing electricity market. It is organized into five sections. Section I deals with the new restructured organization that has emerged from yesterday's vertically integrated, regulated monopoly company. Section II deals with issues in competitive pricing. Section III reviews the role of demand response and product design in today's chaotic marketplace. Given the single importance of California's energy crisis and the fact that it will be studied for years to come, Section IV is devoted to studying the lessons learned from this crisis. The final section of the book deals with markets and regulations. This book will provide practitioners with guidance on how to avoid the major pitfalls in pricing electricity while the market is in transition by drawing upon the insights and lessons learned from the experience of others that are documented in this book.
Transition Costs in the Electricity Industry
Transition Costs in the Electricity Industry - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Transition Costs in the Electricity Industry write by . This book was released on 1996. Transition Costs in the Electricity Industry available in PDF, EPUB and Kindle. Progress is evident as the restructuring debate in the U.S. electricity industry completes its third year. The Federal Energy Regulatory Commission released a final rule on transmission open access-a key element to facilitate more efficient wholesale markets. The majority of states have initiated investigations or discussions on restructuring retail markets. Yet hurdles remain in formulating and implementing state-level restructuring proposals. Perhaps foremost among these hurdles is the issue of transition costs (the potential monetary losses experienced by utilities, consumers, and other economic actors as a result of government initiatives to transform electricity generation from a regulated to a competitive market). Transition costs are approximately equal to the difference between the embedded cost for generation services under traditional cost-of-service regulation and the competitive-market price for power. When government takes action to open current monopoly franchises to multiple generation providers and the competitive-market price falls below embedded generation costs, then transition costs will arise. Transition costs will include one or more of the following four classes of costs: (1) assets, primarily utility-owned power plants; (2) liabilities, primarily long-term power-purchase and fuel-supply contracts; (3) regulatory assets, including deferred expenses and costs that regulators allow utilities to place on their balance sheets; and (4) public-policy programs, such as energy efficiency, low-income programs, and research and development. What is at issue in the transition-cost debate? The debate turns on four questions: (1) How large are the potential transition costs from restructuring? (2) How are these costs estimated? (3) What, if anything, might be done to address these costs? (4) Who will ultimately pay for any remaining costs and how? This paper summarizes some of the key results from a project at ORNL that addresses these four questions.
Energy Democracy
Energy Democracy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Energy Democracy write by Denise Fairchild. This book was released on 2017-10-12. Energy Democracy available in PDF, EPUB and Kindle. The near-unanimous consensus among climate scientists is that the massive burning of gas, oil, and coal is having cataclysmic impacts on our atmosphere and climate. These climate and environmental impacts are particularly magnified and debilitating for low-income communities and communities of color. Energy democracy tenders a response and joins the environmental and climate movement with broader movements for social and economic change in this country and around the world. Energy Democracy brings together racial, cultural, and generational perspectives to show what an alternative, democratized energy future can look like. The book will inspire others to take up the struggle to build the energy democracy movement.
Energy Abstracts for Policy Analysis
Energy Abstracts for Policy Analysis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Energy Abstracts for Policy Analysis write by . This book was released on 1984. Energy Abstracts for Policy Analysis available in PDF, EPUB and Kindle.
