Neither Lucky Nor Good: The Case of Electricity Deregulation in California
8 Pages Posted: 25 Aug 2005
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: 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
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