This essay is a contribution to the Second Annual Demand Response Conference sponsored by George Washington University and the law firm of Husch Blackwell. Demand response is a term that is used in debates about potential ways of reforming regulation of electricity to provide consumers with the proper incentives to conserve electricity. In this essay, Professor Pierce attempts to describe the basic economic and legal principles that are implicated in the debate in terms that make the debate more accessible to participants, policy makers, and the general public.
GW Paper Series
GWU Legal Studies Research Paper No. 577; GWU Law School Public Law Research Paper No. 577
Richard J. Pierce Jr., A Primer on Demand Response and a Critique of FERC Order 745, 42 Envtl. L. Rep. News & Analysis 11025 (2011).