Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7113349 | The Electricity Journal | 2018 | 4 Pages |
Abstract
The NERC Construct for the development, implementation and enforcement of the NERC reliability standards is analyzed from the perspectives of the economics of the public sector. The public policy solutions to the inherent market failures in providing for electric reliability in the NERC Construct are found to be at odds with the theory of the public sector. Recommendations for change in the NERC Construct are developed and postulated.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
William Watson,