By Lorrin Philipson
This quantity presents an intensive overview of the prior, current and way forward for the wholesale and retail electic energy undefined. It comprises educational chapters on electrical software functionality and constitution, electrical energy and gear, the makes use of of electrical strength, and extra. The authors offer an easy yet whole dialogue of de-regulation and clarify the constitution of the de-regulated electrical energy undefined, together with the aggressive wholesale and retail degrees, the retail power providers area, and extra.
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Extra resources for Understanding Electric Utilities and De-Regulation (Power Engineering) (Power Engineering, 6)
In other places it was an investor-owned, private company. Regardless, there was only one in any given area. Whoever wanted power had to buy it from the local utility. Beginning in the 1980s, some nations began to experiment with changes in these rules for their electric industry. For a variety of reasons, it was felt that competition might be a better way to encourage investment in and operation of an electric industry. These experiments were by and large successful, and thus encouraged other nations to follow suit.
In every case where a nation de-regulated its electric industry, its goal was to produce competition at the wholesale level, basically by allowing different Page 3 companies to own generation and compete against one another in the sale of bulk power. In addition, governments often wished to promote competition at the retail level, meaning that individual consumers would have the ability to choose from among several local retail suppliers of power. De-regulation: Changes in the rules governing electric utility operation (in the context used in this book) means changes designed to encourage competition.
Page 7 company. An example is Houston Lighting and Power Company (circa 1995) which owned generation plants sufficient to meet the demand of all its customers, operated transmission and distribution facilities to move the power from those plants to its customers, and performed all retail services required. HL&P, like many large vertically integrated utilities, performed all the functions associated with electric service in its franchise area, and was the only seller of electric power there. Generation and transmission (G&T) utilities.