The market for long-term bulk power is becoming increasingly competitive and mature. Given that many privately developed power projects have been or are being developed in the US, it is possible to begin to evaluate the performance of the market by analyzing its revealed prices. Using a...

Performance-Based Ratemaking (PBR) is receiving increasing attention by energy utilities and their regulators. PBR is the industry term for forms of regulation that increase financial incentive for performance relative to traditional cost-of-service/rate-of-return (COS/ROR) regulation. In this...

The objective of this report is to provide an understanding of the international commercial nuclear power industry today and how the industry is evolving. This industry includes reactor vendors, product lines, and utility customers. The evolving structure of the international nuclear power...

The objective of this report is to provide an understanding of the international commercial nuclear power industry today and how the industry is evolving. This industry includes reactor vendors, product lines, and utility customers. The evolving structure of the international nuclear power...

The economic miracle'' in South Korea over the past three decades has been supported by a corresponding increase in electric generating capacity in a relatively short period of time, accomplished in a country with limited domestic energy resources and large commitments of capital to...

Competitive bidding for electric power is maturing. Increasing numbers of utilities are soliciting proposals from private suppliers. The amount of capacity being sought is increasing, and potential suppliers appear to be abundant. Analysis of these developments still remains limited. Evidence on...

The electricity industry in the US today is at a crossroads. The restructuring debate going on in most regions has made it clear that the traditional model of vertically integrated firms serving defined franchise areas and regulated by state commissions may not be the pattern for the future. The...