Neither lucky nor good: the case of electricity deregulation in California
Citation:Martinek, Jason P.; Orlando, Michael J. 'Neither lucky nor good: the case of electricity deregulation in California'. - Economic & Social Review, Vol. 33, No. 1, Spring, 2002, pp. 75-82, Dublin: Economic & Social Research Institute
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We present an integrated summary of the various factors that contributed to shortages of electrical power in California in 2000. Several necessary conditions for the crisis are identified. We conclude that a sufficient remedy may be defined by policies that mitigate the limited incentives to invest in transmission capacity.
Publisher:Economic & Social Research Institute
Type of material:Journal Article
Availability:Full text available