Electric power industry
OverviewMarket reformHistoryOrganizationWorld electricity industriesOutlookSee alsoFurther reading
The business model behind the electric utility has changed over the years playing a vital role in shaping the electricity industry into what it is today; from generation, transmission, distribution, to the final local retailing. This has occurred prominently since the reform of the electricity supply industry in England and Wales in 1990. In 1996 – 1999 the Federal Energy Regulatory Commission (FERC) made a series of decisions which