This course will expose students to the legal, economic, and structural issues involved in electricity regulation and policy. The course explores the history, evolution, theory, and practice of utility regulation and ratemaking. The course will also discuss laws and policies affecting the mix of resources including coal, natural gas, nuclear power, and renewable energy used in electricity production and delivery. Finally, the course will explore the respective roles of the federal government and states in electricity regulation and delivery. The course will not cover in detail the extraction or environmental regulation of energy resources.
Course evaluation is by a series of papers. No writing requirement will be satisfied.