LAW 961: Energy, Economics, and the Environment Seminar
This seminar will focus on economic and environmental aspects of competition in the electric power industry, with a particular focus on their implications for the legal and regulatory system. As federal regulators and some states deregulate electric power, what are the implications of competition for traditional regulation? Will the historical allocation of federal-state power be able to effectively deal with the problems presented by competitive markets? What role will antitrust laws play in new electric power markets? How will regulators balance environmental concerns with competition goals in new markets? In order to explore these questions, the seminar will introduce students to traditional public utility regulation, its interplay with antitrust and environmental laws, and the challenges it faces with competition in electric power. Enrollment limited. [3 credit hours]
