@article{b4fb6c9bfdb94875a9eb8f19e5c5ca45,
title = "The life and death of the utility death spiral",
abstract = "The so-called death spiral is not necessarily a result of disruptive competition from resources at the customer side of the meter, but from the inherent design of rate structures. This article highlights the value of the grid as a call option for consumers and suggests rate design as a cure.",
author = "Felder, {Frank A.} and Rasika Athawale",
note = "Funding Information: Frank A. Felder is Director of the Center for Energy, Economic and Environmental Policy at the Bloustein School of Planning and Public Policy, Rutgers University. His research and teaching interests include the reliability and economics of electricity markets, state energy policy, energy efficiency and renewable energy evaluation, and integrated energy modeling. He has been awarded numerous research grants by the National Science Foundation, the U.S. Department of Energy, the U.S. Department of the Interior, the New Jersey Board of Public Utilities, and the New Jersey Department of Environmental Protection. He holds doctoral and masters degrees from MIT in Technology, Management, and Policy, and completed his undergraduate studies at Columbia College and the School of Engineering and Applied Sciences. Before joining the Bloustein School faculty, he was an assistant professor of Management at the Manhattan College School of Business, an economic consultant, and a nuclear engineer in the U.S. Navy. ",
year = "2014",
month = jul,
doi = "10.1016/j.tej.2014.06.008",
language = "English (US)",
volume = "27",
pages = "9--16",
journal = "Electricity Journal",
issn = "1040-6190",
publisher = "Elsevier Inc.",
number = "6",
}