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1、ESL-IE-95-04-04THEUTILITY-INDUSTRYPARTNERSIDPFORECONOMICDEVELOPMENT:ATROUBLEDMARRIAGE?M.HosseinHaeriSusanShafferPrincipalSeniorAssociateBarakat&Chamberlin,Inc.Barakat&Chamberlin,Inc.Portland,MEOakland,CAABSTRACTforfarmoredramaticchanges.ThemostfarTheelectricutilities'relationshipwiththeirreachin
2、gprovisionoftheActisitselectricitytitle,industrialcustomersandtheimportanceofthewhichopensaccesstotheelectrictransmissionproductandservicesthattheyoffer,uniquelygrid.TheActalsocreatedanewclassofpositionthemasaninfluentialplayerintheindependentpowerproducersthatareexemptfromeconomyofthecommunitie
3、sthattheyserve.thePublicUtilitiesHoldingCompaniesActTraditionally,inpartnershipwithpublic(PUHCA).Theseexemptwholesalegeneratorsdevelopmentagencies,electricutilitieshavetaken(EWGs)willownand/oroperategeneratinganactiveroleinthelocalandregionaleconomiesfacilitieswhoseoutputisexclusivelysoldtothrou
4、ghfinancialandeducationalincentivestohelpwholesalecustomers.TheemergenceofEWGsimprovethecomparativeadvantageandmostlikelywillunderminethestructureoftoday'sattractivenessoftheirlocalindustriesthroughmoreverticallyintegratedelectricutilityindustry.favorableenergyratesandgreaterefficiencyimprovemen
5、toptions.Thelegalbarriersnowremoved,thetraditionallyshelteredelectricutilitymarketwillbeThechangingeconomic,technical,andopentoentryandcompetition.Thestructureoftheregulatoryenvironmentsarenowpromptingelectricelectricutilityindustryinthismarketwillbeutilitiestoadoptbroaderenergymanagementshapedb
6、ytheinterplayofcompetition,strategiesthatincluderateminimizationeffortsenvironmentalprotectionandthegrowingnationthroughretentionofexistingloadsandstrategicwidemovementtowardderegulation.Theseforcespromotionofnewloadsthroughindustrialwilltransformutilitiesfrommonopoliststorecruitmentprogramsandp
7、romotionofcompetitors,frompricesetterstopricetakers.Inelectrotechnologies.Thispaperexaminesseveralofshort,utilitieswillchangefromnaturalandlegalthesestrategies,exploresthemechanismsfortheir(inexchangeforobligationtoserve)mon
