The Virtual Utility

Accounting, Technology & Competitive Aspects of the Emerging Industry

  • Shimon Awerbuch
  • Alistair Preston

Part of the Topics in Regulatory Economics and Policy Series book series (TREP, volume 26)

Table of contents

  1. Front Matter
    Pages i-xxii
  2. Introduction

    1. Front Matter
      Pages 1-1
  3. Historic and Strategic Perspective: From Monopoly Service to Virtual Utility

  4. The Virtual Utility: Planning and Strategic Investment Analysis

  5. Risk Management, Options and Contracting for a Virtual Utility

    1. Front Matter
      Pages 133-133
    2. Chitru S. Fernando, Paul R. Kleindorfer
      Pages 135-174
    3. Frank C. Graves, James A. Read Jr.
      Pages 175-192
    4. Thomas E. Hoff, Cristy Herig
      Pages 193-213
    5. Back Matter
      Pages 215-220
  6. Industrial Organization, Technological Change and Strategic Response to Deregulation

    1. Front Matter
      Pages 221-221
    2. Shmuel S. Oren, Dennis J. Ray
      Pages 249-274
    3. Back Matter
      Pages 297-303
  7. Network Architecture and Standardization

    1. Front Matter
      Pages 305-305
    2. Marija D. Ilić, Leonard Hyman, Eric H. Allen, Roberto Cordero, Chien-Ning Yu
      Pages 307-332
    3. Back Matter
      Pages 357-367
  8. From Monopoly Service to Virtual Utility

    1. Front Matter
      Pages 369-369
    2. Michael Weiner, Nitin Nohria, Amanda Hickman, Huard Smith
      Pages 371-389
  9. Perspectives

    1. Front Matter
      Pages 391-391
    2. Carl J. Weinberg
      Pages 403-409

About this book


In the winter of 1996, after 4 years of planning and research, the Symposium on the Virtual Utility was held in Saratoga Springs, New York. It was sponsored by Niag­ ara Mohawk Power Corporation, Co-sponsored by CSC Index and the New York State Energy Research and Development Authority and hosted by Rensselaer Poly­ technic Institute, Troy, NY. The symposium sought to identify new areas of inquiry by presenting cutting-edge academic and practitioner research intended to further our understanding of the strategic, technologically-driven issues confronting the elec­ tricity production and distribution process. The program sought to offer new in­ sights into rapid changes in the utility industry, in part, by examining analogues from manufacturing and telecommunications. In addition to identifying new research areas, the symposium yielded a number of important findings and conclusions. This volume contains the presented papers of the meeting, the discussant reports and two special papers prepared by the meet­ ing rapporteurs who performed superbly in analyzing, synthesizing, explaining and generally bringing a cohesive perspective to the interesting yet complex set of ideas presented at this unique meeting. We would like to acknowledge the people and organizations that contributed to this effort. We thank Niagara Mohawk Power Corporation and Albert Budney, its President & Chief Operating Officer for sponsoring this project, and Andrew Vesey, Vice President, I whose vision, support and championing made this project possible.


Electric Power Industrial Organization Standard communication control electricity environment interconnect manufacturing network organizations production

Editors and affiliations

  • Shimon Awerbuch
    • 1
  • Alistair Preston
    • 2
  1. 1.Energy Finance and EconomicsUSA
  2. 2.University of New MexicoUSA

Bibliographic information