The electric power industry is undergoing the greatest transformation in its 100-year history. In readable, concise fashion, author Denise Warkentin explains how the electric industry works and what changes are in store. After briefly tracing the history of the industry, she details how different segments are structured and work together. Investor-owned, consumer-owned, and government owned utilities are explained, as are rural cooperatives and independent power producers. Other issues addressed include deregulation, the emergence of energy marketers, and the impact of ongoing mergers, acquisitions, and consolidations. Key Features and Benefits: New 'players' can quickly get up to speed with this concise description of how the industry is structured and works Veterans will gain a broad understanding of the entire industry All readers will receive and excellent outlook on the future of the country's largest and most important industry. About the Author: In addition to serving as managing editor of Energy Marketing and Electric Light & Power magazines, Warkentin is the author of Energy Marketing Handbook: A Nontechnical guide, a bestselling book published by PennWell in 1996. She is a frequent guest speaker at industry conferences and electric utility trade group meetings and also teaches seminars on a variety of topics. Warkentin holds a BA in journalism from the University of Oklahoma. She has been writing on business, regulatory, environmental, and legal issues for 13 years and has served as an active communicator of events surrounding the electric power and natural gas markets for six years. In 1997 and 1998, she was inducted as a member of the International Who's Who of Professionals.