Regulating Public Utility Performance: The Law of Market Structure, Pricing and Jurisdiction - 2nd Edition - Scott Hempling

Regulating Public Utility Performance: The Law of Market Structure, Pricing and Jurisdiction 2nd Edition Scott Hempling ISBN 9781641058469

Now fully updated, this insightful analysis focuses on the fundamentals of public utility law—the legal principles practitioners rely on to make public-minded proposals and policymakers use to make informed, responsible decisions.

As Scott Hempling observes, the utility landscape has changed dramatically since the first edition. Emerging technologies and new market entrants—ridesharing, electric vehicle charging stations, broadband innovations, microgrids, renewable energy mandates, demand response, smart grids, community solar, electricity storage, and municipal aggregation—are transforming traditional monopoly markets into competitive arenas. At the same time, new threats such as cyberattacks, extreme weather, wildfires, and pandemics challenge regulators to rethink their objectives, principles, and procedures. These tensions—both ideological and jurisdictional—carry stakes of trillions of dollars for investors and consumers alike.

This updated and revised treatise organizes a century of legal principles to help regulators, lawyers, and policymakers navigate these challenges and craft effective public policy. Combining case narratives and doctrinal analysis from diverse legal sources, the book is accessible to lawyers and non-lawyers, veterans and newcomers, practitioners and decisionmakers, academics and the media—anyone seeking to apply the law in the public interest. Readers will gain guidance on:

• Acting effectively across regulated industries

• Becoming conversant with utility law for non-lawyers

• Preparing policymakers to adapt law to technological change

• Preserving regulatory credibility

To achieve these goals, the book organizes a wide range of legal sources—from regulatory statutes and agency decisions to constitutional, antitrust, contract, and tort law—into four major areas:

Market Structure – Balancing monopoly and competitive markets; converting historically monopolistic markets into competitive ones; preventing anticompetitive dominance to ensure effective competition.

Pricing – Applying statutory and constitutional standards to ensure fair compensation for sellers while protecting consumers from exploitation.

Federal-State Jurisdiction – Understanding how federal and state regulators interact when overseeing the same providers and transactions, and how they should interact.

This edition is a definitive guide for anyone engaged in shaping, interpreting, or implementing public utility law in today’s rapidly evolving regulatory environment.

Regulating Public Utility Performance: The Law of Market Structure, Pricing and Jurisdiction 2nd Edition Scott Hempling ISBN 9781641058469, 978-1641058469 & 9781641058476

Author
Scott Hempling