The U.S. electricity industry after 20 years of restructuring

The U.S. electricity industry after 20 years of restructuring / Severin Borenstein and James Bushnell. Energy Institute at Haas, September 2014, 45 p. (EI @ Haas WP 252) http://ei.haas.berkeley.edu/pdf/working_papers/WP252.pdf Authors's abstract : During the 1990s, the traditional U.S. model of a vertically- integrated, cost-of-service regulated utility was disrupted by a variety of state restructuring plans, which allowed some combination of sales by unregulated merchant generators to reta...