Bryan, Stephen; Hwang, Lee-Seok; Lilien, Steven - In: The Journal of Business 78 (2005) 5, pp. 1709-1752
The 1992 National Energy Policy Act (NEPA) intensified competition in the electric utility industry by allowing nonutility generators to produce and sell power in wholesale energy markets. Congress expected NEPA to lead to improved operating efficiencies by substituting market forces for...