𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Contracts and the Institutional Environment for Electricity Reform

✍ Scribed by Albert L. Danielsen; Nainish K. Gupta; Peter G. Klein

Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
386 KB
Volume
12
Category
Article
ISSN
1040-6190

No coin nor oath required. For personal study only.

✦ Synopsis

Recent law and economics literature suggests that courts and administrative agencies should allow utilities to renegotiate supply contracts signed prior to restructuring, as an attractive alternative to continued regulatory oversight or possible bankruptcy.

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## Electricity Restructuring and the Environment Competition may offset many of the environmental shortcomings of past regulatory regimes, although it is possible that competition will result in older, dirtier coal plants being kept on-line and used more often.