Competition in the Electric Industry : Emerging Issues, Opportunities, and Risks for Facility Operators

Competition in the Electric Industry: Emerging Issues, Opportunities, and Risks for Facility Operators -- Copyright -- PREFACE -- COMPETITION IN THE ELECTRIC INDUSTRY: EMERGING ISSUES, OPPORTUNITIES AND RISKS FOR FACILIITY OPERATORS -- Contents -- EXECUTIVE SUMMARY -- ISSUES AND CONSIDERATIONS -- THE FEDERAL ENERGY REGULATORY COMMISSION'S OPEN ACCESS RULE -- TRANSMISSION ACCESS -- COMPARABILITY: THE GOLDEN RULE -- ELIGIBILITY -- ENFORCING COMPARABILITY -- PRO FORMA TARIFF -- STRANDED COSTS -- SCHEDULE -- ELECTRIC POWER COMPETITION: PERSPECTIVE OF A REGULATOR -- FACTORS CREATING COMPETITION AND CUSTOMER CHOICE -- ROLE OF ELECTRICITY IN THE ECONOMY -- ELECTRICITY PRICES AS A SOURCE OF COMPARATIVE ADVANTAGE -- TRANSITION ISSUES -- FOUR MODELS OF INDUSTRY RESTRUCTURING -- HOW CUSTOMERS WILL CHOOSE ELECTRIC GENERATION SERVICES -- CONCLUSION -- A ROADMAP TO ELECTRIC RESTRUCTURING IN CALIFORNIA: DECISIONS 95-12-063And 96-03-022 -- PROCESS -- GOALS FOR RESTRUCTURING CALIFORNIA'S ELECTRIC INDUSTRY -- PROPOSED MARKET STRUCTURE -- THE INDEPENDENT SYSTEM OPERATOR -- THE POWER EXCHANGE -- TRANSITION COSTS -- MARKET CHOICE FROM THE CUSTOMER'S STANDPOINT -- THE ROLE OF THE UTILITY IN A RESTRUCTURED INDUSTRY -- PUBLIC PURPOSE PROGRAMS AND RATE-SETTING -- SCHEDULE FOR IMPLEMENTATION -- THE RESTRUCTURING OF CALIFORNIA'S ELECTRIC INDUSTRY: A UTILITY'S PERSPECTIVE -- BENEFITS OF AND CONCERNS ABOUT RETAIL ACCESS -- JURISDICTIONAL CONCERNS -- BASIC ISSUES IN RETAIL ACCESS -- CONCLUSION -- COMPETITION IN THE ELECTRIC POWER INDUSTRY: A VIEW FROM NEW YORK -- THE "PRICE PROBLEM" IN NEW YORK -- NIAGARA MOHAWK'S 1994 MULTIYEAR PRICE CAP PROPOSAL -- THE POWER CHOICE PROPOSAL -- THE NECESSITY OF RECOVERING STRANDABLE COSTS -- UNBUNDLED SERVICES AND THE TRANSITION FEE -- OTHER PROPOSALS UNDER CONSIDERATION -- CONCLUSION.