Privatization of the Federal Power Marketing Administrations Hearing Before Th
Privatization of the Federal Power Marketing Administrations Hearing Before Th
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In our eReader you can find the full English version of the book. Read Privatization of the Federal Power Marketing Administrations Hearing Before Th Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Privatization of the Federal Power Marketing Administrations Hearing Before Th
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Both Bonneville and TVA have heavy debt loads from their nuclear programs or nuclear programs they were partici- pating in, and it's not clear that even if the administration wanted to put these systems "on the block that, " that at this point the sales price would be equal to the net present value of the future payments that would come to the Federal Government. So that Mr. Markey. Why don't you put them on the block, find out what the price is, and if it's not reasonable — or set a minimum pr...ice going in? You know, auction theory has a wonderful number of variations in terms of how it can be constructed. We're seeing that through the spectrum auction here. We realize that all spectrum's not equal. All PMA's won't be equal.
Mr. Nordhaus. There are a couple of other reasons why one would have concern with privatizing these two systems. The first concern is whether we'd be able to get enough money. The second concern is with the dominant position of these two, Bonneville and TVA, in their respective regional markets, both as transmitting utilities but also as sellers, and I think there would be considerable 55 concern about market power in the hands of the purchaser of the systems.
What to read after Privatization of the Federal Power Marketing Administrations Hearing Before Th?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Comme to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Both Bonneville and TVA have heavy debt loads from their nuclear programs or nuclear programs they were partici- pating in, and it's not clear that even if the administration wanted to put these systems "on the block that, " that at this point the sales price would be equal to the net present value of the future payments that would come to the Federal Government. So that Mr. Markey. Why don't you put them on the block, find out what the price is, and if it's not reasonable — or set a minimum pr...ice going in? You know, auction theory has a wonderful number of variations in terms of how it can be constructed. We're seeing that through the spectrum auction here. We realize that all spectrum's not equal. All PMA's won't be equal.
Mr. Nordhaus. There are a couple of other reasons why one would have concern with privatizing these two systems. The first concern is whether we'd be able to get enough money. The second concern is with the dominant position of these two, Bonneville and TVA, in their respective regional markets, both as transmitting utilities but also as sellers, and I think there would be considerable 55 concern about market power in the hands of the purchaser of the systems.
What to read after Privatization of the Federal Power Marketing Administrations Hearing Before Th?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Comme to read onlineMoreLess
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