Economics Lecture Series - audio

Description

Electricity markets are changing, but at what cost, and for whose benefit? The last decade has witnessed significant transformations of wholesale electricity markets, both in the U.S. and abroad. Many electric utilities have been broken up and replaced by auction-based wholesale markets. But what does this mean for consumers and shareholders? How do these new markets perform? Are they efficient and competitive? Are they better, or worse, than the structures they replaced? This lecture series offers an opportunity to hear several sides to this debate, from experts actively involved in analysis of these markets. Sponsored by the Walter Krause Economics Lecture Fund and the Reed College economics department.