"Chapter 1: Electric Utilities: An Overview of the Industry"
Author: Brown, Sheree L.
Published In: Electric Restructuring and Utilities Deregulation: A Facility Manager's Guide
The electgric utility industry is going through rapid change, moving from the traditional monopolistic environment to a more competitive environment. To achieve the greatest level of benefits from restructuring of the electric industry, large consumers of electricity must understand the industry and position themselves to identify and take advantage of opportunities. Describes traditional electric power supply and the move to competition, transitional goals, problems (market structure, market power, public policy, stranded cost recovery), poolco versus bilateral contract model, independent system operator, power exchange, aggregation, conservation, land load management.
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