Neither Lucky Nor Good: The Case of Electricity Deregulation in California

8 Pages Posted: 25 Aug 2005

See all articles by Jason P. Martinek

Jason P. Martinek

affiliation not provided to SSRN

Michael J. Orlando

Econ One Research, Inc.; University of Colorado - Denver

Abstract

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.

Keywords: California Electricity Crisis, generation, transmission

JEL Classification: Q4

Suggested Citation

Martinek, Jason P. and Orlando, Michael J., Neither Lucky Nor Good: The Case of Electricity Deregulation in California. Economic and Social Review, Vol. 33, No. 1, pp. 75-82, Spring 2002, Available at SSRN: https://ssrn.com/abstract=786726

Jason P. Martinek

affiliation not provided to SSRN

Michael J. Orlando (Contact Author)

Econ One Research, Inc. ( email )

United States

University of Colorado - Denver ( email )

1475 Lawrence St.
Suite 4001
Denver, CO 80202
United States

HOME PAGE: http://www.ucdenver.edu/academics/colleges/business/degrees/ms/gem/Pages/faculty.aspx

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