Understanding Today's Electricity Business

This 230-page detailed overview of the North American electric industry presents a clear-cut look at how the industry operates. Topics covered include the major industry players, regulation, the various deregulated market structures, the physical electric system and how it's operated, market dynamics, how industry players make money and manage risk, and much more. The book is ideal for those new to the industry, as well as veterans who need a "big picture" perspective of the electric business. The book is easy-to-read, contains a number of charts and diagrams to help simplify complex industry concepts, and includes a glossary and list of acronyms