Electricity Restructuring, Consumer Prices and the Cost of Capital: Lessons for the Modeling of Future Policy

TitleElectricity Restructuring, Consumer Prices and the Cost of Capital: Lessons for the Modeling of Future Policy
Publication TypeConference Paper
Year of Publication2014
AuthorsLeonard S Hyman, Richard E Schuler
Conference Name2014 47th Hawaii International Conference on System Sciences (HICSS)
Date Published01/2014
PublisherIEEE
Conference LocationWaikoloa, HI
KeywordsCERTS, 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.

DOI10.1109/HICSS.2014.291