CIAO DATE: 7/04

Electricity Restructuring, 2003

Abstract

Over the July 4th weekend, seventy current and former government officials and experts from industry, academia, and consumer and environmental public interest groups met to discuss the state of the U.S. electricity industry. The lack of progress in addressing critical electricity issues will increase costs and reduce performance in the electricity sector over the next several years. The long–term future of electricity supply and demand is also clouded by the absence of clear and stable government policies.

These problems can be avoided if the President and Congress address and resolve a few key issues bearing on electricity supply, transmission, distribution, and environmental rules. We offer recommendations for dealing with these key issues.

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