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043 _an-us---
050 1 4 _aHD 9685
_bL222p 2016
082 0 0 _a333.793/20973
100 1 _aLambert, Jeremiah D.,
_d1934-
_920626
245 1 4 _aThe power brokers :
_bthe struggle to shape and control the electric power industry /
_cJeremiah D. Lambert.
264 1 _aCambridge, Massachusetts ;
_aLondon, England :
_bMIT Press,
_c2016
300 _axiv, 379 pages :
_billustrations ;
_c24 cm
336 _atext
_2rdacontent
337 _aunmediated
_2rdamedia
338 _avolume
_2rdacarrier
504 _aIncludes bibliographical references and index.
505 _aSamuel Insull, architect and prime builder of the electric utility business in the United States -- David Lilienthal and the era of public power -- Bonneville Power: overreach and disaster -- Paul Joskow and the intellectual blueprint for industry reform -- Ken Lay: competition betrayed -- Amory Lovins: prophet of a new order -- Jim Rogers and the politics of accommodation.
520 _aFor more than a century, the interplay between private, investor-owned electric utilities and government regulators has shaped the electric power industry in the United States. Provision of an essential service to largely dependent consumers invited government oversight and ever more sophisticated market intervention. The industry has sought to manage, co-opt, and profit from government regulation. In The Power Brokers, Jeremiah Lambert maps this complex interaction from the late nineteenth century to the present day. Lambert's narrative focuses on seven important industry players: Samuel Insull, the principal industry architect and prime mover; David Lilienthal, chairman of the Tennessee Valley Authority (TVA), who waged a desperate battle for market share; Don Hodel, who presided over the Bonneville Power Administration (BPA) in its failed attempt to launch a multi-plant nuclear power program; Paul Joskow, the MIT economics professor who foresaw a restructured and competitive electric power industry; Enron's Ken Lay, master of political influence and market-rigging; Amory Lovins, a pioneer proponent of sustainable power; and Jim Rogers, head of Duke Energy, a giant coal-fired utility threatened by decarbonization. Lambert tells how Insull built an empire in a regulatory vacuum, and how the government entered the electricity marketplace by making cheap hydropower available through the TVA. He describes the failed overreach of the BPA, the rise of competitive electricity markets, Enron's market manipulation, Lovins's radical vision of a decentralized industry powered by renewables, and Rogers's remarkable effort to influence cap-and-trade legislation. Lambert shows how the power industry has sought to use regulatory change to preserve or secure market dominance and how rogue players have gamed imperfectly restructured electricity markets. Integrating regulation and competition in this industry has proven a difficult experiment.--
650 0 _aElectric utilities
_zUnited States
_xHistory.
650 4 _aEmpresas eléctricas
_zEstados Unidos
_xHistoria
_920753
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