Abstract
Competition in electricity markets is a recent but rapidly growing phenomenon worldwide. It began to blossom in the United States as a largely unexpected result of the limited requirement that utilities buy power from independent power producers (IPPs) (actually, qualifying facilities, or QFs, in the U.S. legislation) at avoided cost, reached its fullest flowering to date in the privatization and competitive restructuring of the electricity supply sector in the United Kingdom, and is currently springing up in various forms elsewhere. Monopoly utilities around the world are battling the threatening weed whenever it appears on their home turf but are only delaying the day when it takes root in some evolved or mutated form.
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© 1994 Springer Science+Business Media New York
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Ruff, L.E. (1994). Competitive Electricity Markets. In: Einhorn, M.A. (eds) From Regulation to Competition: New frontiers in electricity markets. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1368-7_2
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DOI: https://doi.org/10.1007/978-94-011-1368-7_2
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-4598-8
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