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Govt to Spur Deregulation of Power Industry

The US government will study four proposals for reform to change the current system in which power generation and transmission are undertaken in a package by utilities. The proposals include forcing utilities to separate their power supply and power generation businesses, as well as separating the accounting for their power transmission from that of their generation business. Through this separation and other deregulatory measures, the government aims to create a fairer platform for new participants in the industry.  The government will also study a plan to enable businesses to supply power beyond the borders of their allocated areas of service. Another proposal will examine whether to deregulate retail prices of power to businesses and households.

12/27 The Yomiuri Shimbun