America's Electric Utilities: Past Present and Future

Rating:
Summary: Best Book on Electric Utilitys in the market
Review: I read the 5th version of the book several years ago working for a large multinational electric utility and since then have ordered every update of the book. It is one of the best books on the industry written, easy to read, easy to understand the drivers behind this complex industry. It allows the reader to grasp the technical concepts involved, and provides good insights into the business case of an electric utility by clearly defining the industries value drivers and how they are reflected in a utilities P&L, B/S and cashflow statement. Furthermore it provides good insight into the regulatory framework and its interdependencies with the industry. The new edition (7th) is just as supperb as I am used to from the author. Great job.