10 Steps to deregulation

Author

O´Connor, P.R.

Author_Institution

Palmer Bellevue Corp., Chicago, IL, USA

Volume

23

Issue

5

fYear

1986

fDate

5/1/1986 12:00:00 AM

Firstpage

40

Lastpage

43

Abstract

The author presents a plan of deregulation that has attracted the attention of the electric utility industry, both pro and con. The program has a logical progression that can be halted and restarted at any point as circumstances warrant. An abrupt and disruptive change in public policy and industry structure is not necessary. Although the 10 steps may overlap to some extent, each can be separately identified and analyzed. They are: setting up incentive rates; centralized dispatching; power brokerage and auction markets; realignment of Federal Energy Regulatory Commission; interstate compacts; wheeling of power; unbundling of rates; devolution of generating facilities; contracting and off-system scales; and spot and future markets.

Keywords

electricity supply industry; Federal Energy Regulatory Commission; auction markets; centralized dispatching; contracting; deregulation; electric utility industry; future markets; incentive rates; off-system scales; power brokerage; power wheeling; rates; spot markets; Dispatching; Electricity; Fuels; Power industry; Pricing;

fLanguage

English

Journal_Title

Spectrum, IEEE

Publisher

ieee

ISSN

0018-9235

Type

jour

DOI

10.1109/MSPEC.1986.6370899

Filename

6370899