Lorrin Philipson - Understanding Electric Utilities and De-Regulation (Power Engineering) (Power Engineering, 6)

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title	:	Understanding Electric Utilities and De-regulation Power Engineering ; 6
author	:	Philipson, Lorrin.; Willis, H. Lee
publisher	:	CRC Press
isbn10 | asin	:	0824719204
print isbn13	:	9780824719203
ebook isbn13	:	9780585158228
language	:	English
subject	Electric utilities, Electric utilities--Deregulation, Deregulation.
publication date	:	1998
lcc	:	HD9685.A2P48 1998eb
ddc	:	333.793/2
subject	:	Electric utilities, Electric utilities--Deregulation, Deregulation.

Page aa Understanding Electric Utilities and De-Regulation

Page ab POWER ENGINEERING Series Editor H. Lee Willis ABB Electric Systems Technology Institute Raleigh, North Carolina 1. Power Distribution Planning Reference Book, H. Lee Willis 2. Transmission Network Protection: Theory and Practice, Y. G. Paithankar 3. Electrical Insulation in Power Systems, N. H. Malik, A. A. Al-Arainy, and M. I. Qureshi 4. Electrical Power Equipment Maintenance and Testing, Paul Gill 5. Protective Relaying: Principles and Applications, Second Edition, J. Lewis Blackburn 6. Understanding Electric Utilities and De-Regulation, Lorrin Philipson and H. Lee Willis 7. Electrical Power Cable Engineering, William A. Thue ADDITIONAL VOLUMES IN PREPARATION Electric Power System Dynamics and Stability, James A. Momoh and Mohamed E. El-Hawary Insulation Coordination for Power Systems, Andrew Hileman

Page i Understanding Electric Utilities and De-Regulation Lorrin Philipson Energy Education Specialists Cary, North Carolina H. Lee Willis ABB Electric Systems Technology Institute Raleigh, North Carolina MARCEL DEKKER, INC. NEW YORK BASEL HONG KONG

Page ii Library of Congress Cataloging-in-Publication Data Philipson, Lorrin. Understanding electric utilities and de-regulation / Lorrin Philipson, H. Lee Willis. p. cm.(Power engineering; 6) Includes bibliographical references and index. ISBN 0-8247-1920-4 (alk. paper) 1. Electric utilities. 2. Electric utilitiesDeregulation. 3. Deregulation. I. Willis, H. Lee. II. Title. III. Series. HD9685.A2P48 1998 333.793'2dc2198-38126 CIP This book is printed on acid-free paper. Headquarters Marcel Dekker, Inc. 270 Madison Avenue, New York, NY 10016 tel: 212-696-9000; fax:212-685-4540 Eastern Hemisphere Distribution Marcel Dekker AG Hutgasse 4, Postfach 812, CH-4001 Basel, Switzerland tel: 44-61-261-8482; fax: 44-61-261-8896 World Wide Web http://www.dekker.com The publisher offers discounts on this book when ordered in bulk quantities. For more information, write to Special Sales/Professional Marketing at the headquarters address above. Copyright 1999 by Marcel Dekker, Inc. All Rights Reserved. Neither this book nor any part may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, microfilming, and recording, or by any information storage and retrieval system, without permission in writing from the publisher. Current printing (last digit) 10 9 8 7 6 5 4 3 2 1 PRINTED IN THE UNITED STATES OF AMERICA

Page iii Series Introduction Power engineering is the oldest and most traditional of the various areas within electrical engineering, yet no other facet of modern technology is currently undergoing a more dramatic revolution in both technology and business structure. A revolution of innovation and invention, including automation, custom power devices, intelligent appliances, operations optimization software, and more, is extending the capabilities of electric utility systems far beyond their traditional capabilities. But most important, the electric power industry is completely overhauling itself, as de-regulation and competition refashion every aspect of its organization, function, products and services, and even its very sense of identity. During these changes, thousands of people are joining the electric power industry for the first time, while thousands of its veterans find themselves grappling with new jobs, new terminology, and new ways of doing business. Understanding Electric Utilities and De-Regulation was written with these people in mind. For the many who find themselves working in the electric industry for the first time, this book provides a simple, lay tutorial on electric power, along with an overview of the power industry, its history, its equipment and systems, its business structure and functions, and its future. In addition, for the long-time utility personnel who find it a challenge to fathom the complexities of the re-structured industry, this book provides as straightforward an explanation as possible about the why, what, and how behind de-regulation, a

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