Power deregulation is getting under way in earnest too, although states are embracing a hotch-potch of different approaches.
The next weak link in the power-deregulation chain is transmission and distribution .
Since the end of the power crisis and the advent of power-industry deregulation in 1994, demand for home appliances has been rising 30% a year, according to a Samsung Manila official, Jun Colina.
The use of gas fuel, combined with the planned deregulation of power generation, should eventually cut electricity costs.
It has put off the hardest part, the deregulation of domestic power-prices, until 2014.
Of course, that would not stop deregulation of the power industry altogether.
This coalition also includes unions, such as the International Brotherhood of Electrical Workers, whose members' jobs might disappear, and various other sorts of utilities such as the rural co-operatives (see article) and municipal power companies, anxious lest deregulation lead to the unravelling of the tax-breaks and subsidies they now receive.
In America, deregulation of the wholesale power market means ever larger quantities of power are travelling greater distances, yet investment in the grid has halved since the 1970s.
Big mistake No. 2: While deregulation mandated that utilities buy their power on the open market and pay market prices, it barred them from passing on increases to their customers until at least March 31, 2002.
Even after years of deregulation, the U.S. power market remains highly fragmented.
In practice, though, deregulation may well improve the delivery of power.
Unfortunately, it seems unlikely that Congress will tackle the root causes of the power cut namely, a deeply flawed deregulation plan, a weak federal regulator and inadequate reliability standards for the grid.
The deregulation plan also forced utilities to sell their power plants to out-of-state companies.
RWE, are now concentrating on power generation in the hope that they can take advantage of deregulation to expand across Europe.
But decentralisation, deregulation and a huge infrastructure boom have boosted demand for power, and China's economy is now becoming more, not less, energy-intensive.
He hasn't rolled back economic reforms of the Fidel Ramos administration that preceded him, such as deregulation and liberalization of the banking, shipping, telecommunications and power sectors.
Some buyers complain that deregulation still isn't working because it hasn't inspired power companies to build more plants.
Big mistake No. 3: Deregulation did not permit the negotiation of long-term contracts between utilities and power generators.
Tepco, Japan's biggest power company, for instance, is keen to learn about the opportunities and pitfalls of deregulation.
Energy deregulation in Europe and America allows new firms to set up cheap, efficient power sources (such as fuel cells) close to the consumer.
Indeed, productivity-driven deflation, in which costs and prices are pushed lower by technological advances or by deregulation, is beneficial, because lower prices lift real incomes and hence spending power.
The administration prides itself on its green credentials, and many environmentalists have complained that deregulation may lead to more use of cheap, polluting, coal-fired power stations (though it might instead encourage more use of renewable power, if consumers are willing to pay the extra cost).
Nevada Power had been lining up buyers for its ten company-owned electricity plants, as part of deregulation.
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