Title
Lessons from the Failure of U.S. Electricity Restructuring
Date of Original Version
3-2006
Type
Article
Published In
The Electricity Journal Volume 19, Issue 2, March 2006, Pages 15–32
Abstract or Table of Contents
Blind faith is unlikely to produce a free market that is competitive. Substituting markets for traditional regulation is only one choice among many policy instruments to achieve a goal of lower prices; such substitution should not be in itself a goal.