Understanding Today's Electricity Business presents a 216-page comprehensive overview of the North American electric industry. As with its gas industry companion, this book presents a straightforward and easy-to-understand look at how the industry operates - from who are the major players, to the various deregulation models, to the physical electric system, to how industry players make money and manage risk. The perfect resource book for anyone who needs to understand the "big picture" of the electric business. Topics covered include: What Electricity Is and How it Gets to Consumers, End Users and Their Needs, Generation, Transmission, Distribution, Electric System Operations, Electric Market Structures, Market Participants in the Various Market Structures, Regulation in the Electric Industry, Deregulation and Restructuring, The History of Electric Deregulation, The Wholesale Marketplace, The Retail Marketplace, Managing Risk, Key Isssues in Today's Marketplace, and The Future of the Electricity Business.
This is an excellent resource for anyone attempting to understand the electricity business from a top down basis. It starts with discussing the results of deregulation on the field. It then discusses exactly how pricing is created, who some of the major players are and where they came from.
This book is ideal for someone who is investing in this area and needs this type of overview. It's also perfect for anyone who is in this industry and wants to better understand the various drivers, parts, players, and potential future.
While it's a bit of textbook, it's accessible and not boring.