|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)|
|Conference Location||Waikoloa, HI|
|Keywords||CERTS, consumer prices, electricity industry restructuring, reliability and markets|
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.