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This book presents an international overview of electricity regulation, examining historical, institutional, and economic influences. Leading economists provide case studies of various countries, including the United States, the United Kingdom, and others, contrasting experiences with privatisation, competition, and restructuring.
It explores how governments balance conflicting interests of investors and consumers amidst limited cost transparency. Privatisation and deregulation are presented as potential solutions, although the sustainability of private ownership is questioned. Providing a comparative assessment of electricity industry reforms worldwide, this collection offers insights into the diverse approaches and challenges faced in regulating the sector. It is a critical analysis of a vital infrastructure industry undergoing significant transformation.
