The American electric utility system is quietly falling apart. Once taken for granted, the industry has become increasingly unstable, fragmented, unreliable, insecure, inefficient, expensive, and harmful to our environment and public health. According to Sovacool, the fix for this ugly array of...

Introduction -- Shifting from coal to oil : what price security? -- The European coal and steel community -- Moving the margin to the centre : pricing electricity -- Electricity investment : rewarding the past, discounting the future -- Deregulation, privatisation and liberalisation -- Conclusion.