The Effect of Regulatory Issues Power Financing Plans

Abstract

As a result of deregulation, the power industry is enmeshed in a
new and complex undertaking. It is seeking opportunities from both
traditional corporate managers and entrepreneurs, who themselves are
still trying to anticipate the future market impact of regulatory devel-
opments.
They in turn are dealing with an environment where politicians
are still getting a fix on which such developments really will be ben-
eficial to them; regulators, concerned with the public interest, are just
realizing what it will take to pick up the pieces; and a few canny
players are tipping the regulatory board toward their market advan-
tage.
Under these circumstances, we should look at the probably most
active business strategies and supportive financial trends and, then to
consider , what emerging political and regulatory developments are
likely to be of most importance in that context. By doing so, perhaps we
can extract some general guidelines as to how to evaluate the signifi-
cance of developments as they emerge