1999•Bulletin of Science Technology & SocietyRequires access

An Institutional Approach to Electricity Sector Restructuring: The Case for Consumer Aggregation

Jon Rosales, Christopher Sherry, J.A. Gregory, Thomas Boyle

Abstract

Social and environmental problems attributed to current electricity sector restructuring structures are spelled out. The energy source choices and market power of large industrial and commercial users versus residential consumers are compared. An institutional analytic approach is used to reveal the best option to alleviate the social and environmental problems associated with electricity restructuring. Community aggregation emerges with great potential to achieve meaningful social and environmental improvement.

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Key concepts: Restructuring, Electricity, Business, Industrial organization, Environmental economics, Electricity market, Natural resource economics, Economics