Charting a course for change

Deregulation in the public utilities industry has brought a host of benefits. Rates have dropped due in part to the increased efficiency, investment risk has shifted from ratepayers to developers and technological innovations have allowed for greater environmental awareness. However, power purchasing arrangements continue to hamper the deregulation process, and a lack of industry cooperation puts both independent power producers and public utility companies at a disadvantage when dealing with Congress and foreign markets.
Seven years ago, when I joined the National Independent Energy Producers (NIEP) as its first executive director, I was daunted by the task in front of me. I had a [...]