business units; structural unbundling of generation, transmission, retailing, and distribution; and creation of a National … through competition is a key objective of the reforms. As the need for reform was being discussed in the early 1990s … open competition.{close_quotes} The optimism about the economic benefits of the full package of reforms across the …

recent developments in the electric utility industry--most notably, the rapid trend toward competition in electric generation …

principle that market deregulation and competition will bring down the cost of electricity for all classes of customers. It …

econometric analysis that attempt to separate the effects of deregulation from other factors in explaining changes in an industry …, such as deregulation, on an industry`s performance. For example, at the same time that the United Kingdom privatized its … electric power industry, it also radically restructured the industry to encourage competition and instituted a price …

utilities have initiated pilot programs in which multiple suppliers or service providers may compete for business and some …

) may experience through government-initiated deregulation of electricity generation. The potential for transition costs …