Clark, Charles E,

A profile of the electric power industry : facing the challenges of the 21st century / Charles E. Clark, Jr. - 1st ed. - 1 electronic text (xi, 158 pages) : digital file. - Industry profiles collection . - 2012 digital library. Industry profiles collection. .

Part of: 2012 digital library.



List of figures -- List of tables -- 1. Introduction -- 2. How the industry operates -- 3. Electric industry organization -- 4. Outside market forces for the electric industry -- 5. Regulation of the electric industry -- 6. Challenges and opportunities for the electric industry -- Notes -- Resources for further study -- Index.

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The electric power industry was traditionally a utility to which people gave little thought. It had stable prices, low business risk, and predictable emerging issues. Great change has shaken the industry. Mergers have resulted in large and powerful companies. Natural gas prices have plummeted and gas is replacing coal as the basis for both electricity production and new capacity. Environmental regulation is in flux. And new technologies are transforming all parts of the industry's value chain. The high cost and new skills demanded by these technologies give rise to unprecedented financial risk.




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9781606493847

10.4128/9781606493847 doi


Electric utilities--United States.

electric industry electric demand electric capacity expansion natural monopoly depletable fuel pricing electric industry regulation rate making cap and trade regulation renewable portfolio standards global climate change risk management new technology incentives energy efficiency, electrification, and smart grid carbon tax electric power exchanges CO2 price


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HD9685.U5