Fundamentals of Energy Regulation

Fundamentals of Energy Regulation is a complete introduction to the world of energy regulation, co-authored by Jonathan A. Lesser, PhD, and Leonardo R. Giacchino, PhD. Now in its third edition, the book provides practitioners with practical guidance on the economic and regulatory concepts used in ratemaking and regulatory oversight.

The third edition includes six new chapters covering regulatory accounting, pricing and services regimes, regulatory agency performance and objectives, the tariff review process, the mechanics of establishing the allowed rate of return, and methods to manage key physical and non-financial risks. It also addresses state subsidies, market distortions, electric capacity markets, distributed resources, and battery storage.

Designed for regulators, attorneys, energy company managers, economists, accountants, and students, this textbook has become a standard reference in the energy regulation field.