Restructuring, Competition and Regulatory Reform in the U.S. Electricity Sector
讨论了美国电力行业的结构重组与监管改革，分析了竞争性发电市场的组织、输电接入与定价、发电市场势力以及激励性监管在输配电环节的应用。
The U.S. electricity sector is going through dramatic changes. The changes are expanding competition in the generating segment of the industry, making it possible for consumers to choose among competing generation service suppliers, and reforming the regulation of remaining monopoly segments. The paper discusses current industry structure and regulation, its historical performance, and the sources of political pressures for change. It examines important industry restructuring and regulatory reform issues, including the organization of competitive generation markets, transmission access and pricing, generation market power, and the application of incentive regulation mechanisms to the transmission and distribution segments.