Title | Electricity Restructuring, Consumer Prices and the Cost of Capital: Lessons for the Modeling of Future Policy |
Publication Type | Conference Paper |
Year of Publication | 2014 |
Authors | Leonard S Hyman, Richard E Schuler |
Conference Name | 2014 47th Hawaii International Conference on System Sciences (HICSS) |
Date Published | 01/2014 |
Publisher | IEEE |
Conference Location | Waikoloa, HI |
Keywords | CERTS, consumer prices, electricity industry restructuring, reliability and markets |
Abstract | Electricity industry restructuring in both the United Kingdom and the United States failed to produce the expected lower prices to consumers, and the industry now is reverting to regulatory-like mechanisms to attract capital for the construction of new power plants. This analysis focuses on factors, unanticipated by system-analysts and policy-makers, which may be responsible for these outcomes. |
DOI | 10.1109/HICSS.2014.291 |