Lessons from the failure of U.S. electricity restructuring

Seth A. Blumsack, Jay Apt, Lester B. Lave

Research output: Contribution to journalArticlepeer-review

23 Scopus citations


Blind faith is unlikely to produce a free market that is competitive. Substituting markets for traditional regulation is only one choice among many policy instruments to achieve a goal of lower prices; such substitution should not be in itself a goal.

Original languageEnglish (US)
Pages (from-to)15-32
Number of pages18
JournalElectricity Journal
Issue number2
StatePublished - Mar 2006

All Science Journal Classification (ASJC) codes

  • Energy (miscellaneous)
  • Law
  • Management of Technology and Innovation
  • Business and International Management


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