IDEAS home Printed from
   My bibliography  Save this paper

Challenges for Creating a Comprehensive National Electricity Policy


  • Paul L. Joskow


The industry structure and regulatory framework that characterizes the electric power sector in the U.S. is in a state of disarray. Some regions have adopted a fully liberalized electricity sector model, others have retained the traditional model of regulated vertically integrated monopolies, while still other regions are "stuck" with combinations of both. This situation will undermine the ability of the U.S. electric power sector (a) to provide an abundant and reliable supply of electricity efficiently, (b) to confront retail consumers with the appropriate prices to encourage efficient utilization of electricity, (c) to meet greenhouse gas mitigation goals efficiently, and (d) to support efforts to increase energy security and reliability. A federal reform program for dealing with the underlying structural and regulatory problems is suggested.

Suggested Citation

  • Paul L. Joskow, 2009. "Challenges for Creating a Comprehensive National Electricity Policy," RSCAS Working Papers 2009/01, European University Institute.
  • Handle: RePEc:rsc:rsceui:2009/01

    Download full text from publisher

    File URL:
    File Function: Full text
    Download Restriction: no

    Other versions of this item:

    More about this item


    electricity; regulation; deregulation; energy;

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rsc:rsceui:2009/01. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (RSCAS web unit). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.