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The U.S. electricity market twenty years after restructuring: A review experience in the state of Delaware

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  • Chen, Wei-Ming

Abstract

Electricity industry restructuring in the United States, which began in the 1990s, was aimed at enhancing market competitiveness and lead to efficient resource allocation and cost reduction. The state of Delaware was one of the earliest adopters of restructuring and has gained more than 20 years of experience. The retail customers in a restructured market had greater opportunities to choose between electricity generators. However, this research compares electricity prices and finds that restructured states have higher electricity rates than non-restructured states. A better understanding of the welfare and satisfaction of electricity customers in the context of restructuring is needed.

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  • Chen, Wei-Ming, 2019. "The U.S. electricity market twenty years after restructuring: A review experience in the state of Delaware," Utilities Policy, Elsevier, vol. 57(C), pages 24-32.
    • Handle: RePEc:eee:juipol:v:57:y:2019:i:c:p:24-32
    DOI: 10.1016/j.jup.2019.02.002
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    References listed on IDEAS

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    Cited by:

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    2. Ohler, Adrienne & Mohammadi, Hassan & Loomis, David G., 2020. "Electricity restructuring and the relationship between fuel costs and electricity prices for industrial and residential customers," Energy Policy, Elsevier, vol. 142(C).
    3. Simeone, Christina E. & Lange, Ian & Gilbert, Ben, 2023. "Pass-through in residential retail electricity competition: Evidence from Pennsylvania," Utilities Policy, Elsevier, vol. 80(C).
    4. Yongxiu He & Meiyan Wang & Fengtao Guang, 2019. "Applicability Evaluation of China’s Retail Electricity Price Package Combining Data Envelopment Analysis and a Cloud Model," Energies, MDPI, vol. 13(1), pages 1-21, December.
    5. Yasir Alsaedi & Gurudeo Anand Tularam & Victor Wong, 2020. "Impact of Solar and Wind Prices on the Integrated Global Electricity Spot and Options Markets: A Time Series Analysis," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 337-353.
    6. Bowen, William M. & Hill, Edward (Ned) & Thomas, Andrew & Liu, Ruoran & Henning, Mark, 2023. "Consumer price effects of deregulated electric generation markets: The case of Ohio and the midwestern United States," Utilities Policy, Elsevier, vol. 83(C).
    7. Chen, Wei-Ming & Kim, Hana, 2020. "Energy, economic, and social impacts of a clean energy economic policy: Fuel cells deployment in Delaware," Energy Policy, Elsevier, vol. 144(C).
    8. Alexander Wimmers & Rebekka Bärenbold & Muhammad Maladoh Bah & Rebecca Lordan-Perret & Björn Steigerwald & Christian von Hirschhausen & Hannes Weigt & Ben Wealer, 2023. "Decommissioning of Nuclear Power Plants: Regulation, Financing, and Production," Data Documentation 104, DIW Berlin, German Institute for Economic Research.

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