1982•Public Util. Fortn.; (United States)Requires access
Assessing utility research and development
J.R. Schetter
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Abstract
The purpose of this article is to outline a feasible method for assessing the costs and benefits (and their ratio) of utilities' research and development efforts. Utilities are presently engaged, and are encouraged by public authorities to be engaged, in extensive technological research and development programs. Both utility executives and utility regulators are legitimately asking the question: What are the utilities getting for their research dollars. The framework for assessment described in this article should help them to find answers.