Estimates of stranded commitments for U.S. investor-owned utilities range widely, with many falling in the range of $100 to $200 billion. These potential losses exist because some utility-owned power plants, long-term power-purchase contracts and fuel-supply contracts, regulatory assets, and...

Estimates of stranded commitments for US investor-owned electric utilities range widely, from as little as $20 billion to as much as $500 billion (more than double the shareholder equity in US utilities). These potential losses are a consequence of the above-market book values for some...

Progress is evident as the restructuring debate in the U.S. electricity industry completes its third year. The Federal Energy Regulatory Commission released a final rule on transmission open access-a key element to facilitate more efficient wholesale markets. The majority of states have...

Over the past five years, the Energy Information Administration (EIA) has been collecting data annually from U.S. electric utilities on their demand-side management (DSM) programs, both current and projected. The latest data cover activities for 1993 and projections for 1994 and 1998. In 1993,...

Integrated resource Planning (IRP) focuses on providing customer energy-service needs at the lowest cost. This paper addresses the flip side of IRP, how shareholders -are when utilities build power plants with different capital and operating costs, buy power from others, or run demand-side...

In part, the impetus for restructuring the U.S. electricity industry stems from the large regional disparities in electricity prices. Indeed, industry reforms are moving most rapidly in high-cost states, such as California and those in the Northeast. Legislators, regulators, and many others in...

Historically, decisions on the amounts, locations, types, and timing of investments in new generation have been made by vertically integrated utilities with approval from state public utility commissions. As the U.S. electricity industry is restructured, these decisions are being fragmented and...

A computer model was developed at Oak Ridge National Laboratory to analyze the electricity production, costs, and prices for two geographical regions for a single year. Bulk-power trading is allowed between the two regions and market clearing prices are determined based on marginal costs. The...

New technologies, low natural gas prices, and federal and state utility regions are restructuring the electricity industry. Yesterday`s vertically integrated utility with a retail monopoly franchise may be a very different organization in a few years. Conferences, regulatory-commission hearings,...

Over the past five years, the Energy Information Administration (EIA) has been collecting data annually from US electric utilities on their demand-side management (DSM) programs, both current and projected. The latest data cover activities for 1993 and projections for 1994 and 1998. In 1993, 991...