Designed to reach a non-legal audience, Steven Ferrey highlights the importance of electric energy rules and legal restrictions replacing the traditional utility environment. Rather than focus on the trends of deregulation or concentrate on a particular area of electric energy, the book deals with transcendent issues and long-term rules and structure of the electric industry. Ferrey explains the three primary areas of change: the technology or “hardware” of the industry, the regulations on the federal level, and the changes at the retail level. No other book summarizes in one volume the regulatory changes and new rules now governing the electric marketplace, post-deregulation. From the professionals in the power business to the members of the college academic sector, Ferrey designed this book to explain the regulations of the new electric marketplace.

Contents:

• Introduction: Past Is No Longer Prologue
• Bold Changes in Electric Energy Technologies Alter the Market
• The Evolution of Wholesale Power Sale Rules
• Hands On The Switch: The New Transmission Rules
• In The Shadow of the PUHCA: Exempt Wholesale Generation (EWGs)
• The PURPA of Rules: Old is New
• QFs and the PURPA Contracts: The Holy Grail
• Power Shift: The “Current” Current
• Deregulation of Retail Markets: New Opportunities Breed New Problems
• Restructuring Utility Power in A Competitive Environment: Mergers and Asset Acquisitions
• The Competition Rules of The New Market
• The Local Angle: Franchise, Municipal Competition, and Tax Rules
• Electricity: Good or Service? The Contract Rules that Govern The Power Sale Market
• The Deregulation Vanguard
• The New Risk Paradigm
• Appendices
• Glossary
• Index