This book is unique in gathering under one over all the elements of
electricity economics and planning, both for the traditional approach
and for the new developments of the 1990s, e.g. privatisation,
competition, deregulation and more efficient markets and pricing. All
the fundamental institutional aspects of electricity in the 1990s are
also discussed, particularly relevant at a time when the utilities of
the developed world are being restructured, those of the ex-centrally
planned economies are being profoundly reorganised and those of
developing countries have enormous debt problems. The book describes how
these challenges of the 1990s are to be understood and met.