 | Contents |  |
 |  |  |
 | Preface | ix |
 |  |  |
| I | The Electric Power Industry: Economic, Technical, and Institutional Background |  |
| 1. | Introduction | 3 |
| 2. | Current Industry Structure and Regulation | 11 |
| 3. | Organization, Integration, and Natural Monopoly | 25 |
| 4. | Technology of Electric Power Systems | 35 |
| 5. | Generation of Electricity | 45 |
| 6. | Distribution, Transmission, and Coordination | 59 |
| 7. | Economic Efficiency: Dimensions and Issues | 79 |
 |  |  |
| II | Electric Utility Deregulation: Prospects, Problems, and Public Policy Alternatives |  |
| 8. | Scenarios for Deregulation | 93 |
| 9. | Contractual Relationships: Theoretical and Empirical Issues | 109 |
| 10. | Contractual Relationships for Wholesale Power Supply under Deregulation | 129 |
| 11. | Equilibrium Efficiency Analysis | 153 |
| 12. | Effectiveness of Competition | 179 |
| 13. | Transition Issues and Problems | 199 |
| 14. | Conclusions | 211 |
 |  |  |
| Notes | 223 |
| References | 247 |
| Index | 263 |