Information risk in emerging utility markets: The role of commission- sponsored audits

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Description

As public utilities and regulators begin to define their new relationship under various forms of regulations, some have questioned the continuing need for commission-sponsored audits. This study evaluates the role of such audits by examining their core purpose: the reduction of information risk (risk that a commission might make a wrong decision because of reliance on faulty information). It identifies five generic types of information that will be needed by commissions in the future and describes a cost-benefit analysis for identifying the appropriate method for mitigating information risk for state regulatory commissions.

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78 p.

Creation Information

Wirick, D.W.; Lawton, R.W.; Burns, R.E. & Lee, S. March 1, 1996.

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Description

As public utilities and regulators begin to define their new relationship under various forms of regulations, some have questioned the continuing need for commission-sponsored audits. This study evaluates the role of such audits by examining their core purpose: the reduction of information risk (risk that a commission might make a wrong decision because of reliance on faulty information). It identifies five generic types of information that will be needed by commissions in the future and describes a cost-benefit analysis for identifying the appropriate method for mitigating information risk for state regulatory commissions.

Physical Description

78 p.

Notes

The National Regulatory Research Institute, Ohio State University, 1080 Carmack Road, Columbus, OH 43210 (United States); OSTI as DE96011049

Source

  • Other Information: PBD: Mar 1996

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  • Other: DE96011049
  • Report No.: NRRI--96-09
  • DOI: 10.2172/231333 | External Link
  • Office of Scientific & Technical Information Report Number: 231333
  • Archival Resource Key: ark:/67531/metadc670166

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Office of Scientific & Technical Information Technical Reports

Reports, articles and other documents harvested from the Office of Scientific and Technical Information.

Office of Scientific and Technical Information (OSTI) is the Department of Energy (DOE) office that collects, preserves, and disseminates DOE-sponsored research and development (R&D) results that are the outcomes of R&D projects or other funded activities at DOE labs and facilities nationwide and grantees at universities and other institutions.

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  • March 1, 1996

Added to The UNT Digital Library

  • June 29, 2015, 9:42 p.m.

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Wirick, D.W.; Lawton, R.W.; Burns, R.E. & Lee, S. Information risk in emerging utility markets: The role of commission- sponsored audits, report, March 1, 1996; United States. (digital.library.unt.edu/ark:/67531/metadc670166/: accessed December 16, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.