Title

Lessons from the Failure of U.S. Electricity Restructuring

Date of Original Version

3-2006

Type

Article

Abstract or Description

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.

DOI

10.1016/j.tej.2005.12.008

 

Published In

The Electricity Journal , 19, 2, 15-32.