Author: Michael MessengerPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 58
Book Description
An Action Plan to Develop More Demand Response in California's Electricity Markets
Author: Michael MessengerPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 58
Book Description
Restructured Electricity Markets
Author: Jim WellsPublisher: DIANE Publishing
ISBN: 9780756731755
Category : Business & Economics
Languages : en
Pages : 52
Book Description
Our analysis and other studies found evidence that wholesale electricity suppliers exercised market power by raising prices abov.
The California Electricity Crisis
Author: Christopher WearePublisher: Public Policy Instit. of CA
ISBN: 1582130647
Category : Business & Economics
Languages : en
Pages : 140
Book Description
The California Electricity Crisis
Author: Charles J. CicchettiPublisher: Springer Science & Business Media
ISBN: 1402080328
Category : Business & Economics
Languages : en
Pages : 214
Book Description
This book attempts to explain what went wrong in California’s restructured energy markets and what must be done to restore California’s economy and build new electricity systems. The intention here is to reconcile the principles of competition and regulation. California had a severe electricity crisis for about thirteen months beginning in May of 2000. The economic consequences and political fallout that arose from this crisis persist. California’s economy continues to suffer and the state’s treasury is deeply in debt. The state’s three investor-owned utilities were nearly financially decimated. San Diego Gas & Electric has recovered to a greater degree than the other two only because its retail prices are about three times the national average and, for a time, well above the other two IOUs in California. Southern California Edison has recently been restored to investment grade and was granted a rate increase. Pacific Gas & Electric is emerging from bankruptcy. This book discusses all of this in greater detail. The problems and consequences arising from California’s ill-fated foray into electricity market restructuring could damage the state for years to come. Challenges of this nature are not new to the Golden State. In the past, as we explain here, pragmatic, not entrenched, approaches have worked best in California. If California is to relatively quickly restore its previous enviable economic vitality and recover from the damage done to tarnish its luster, pragmatic approaches must again be used.
The State of Demand Response in California
Author: Ahmad FaruquiPublisher:
ISBN:
Category : Demand-side management (Electric utilities)
Languages : en
Pages : 94
Book Description
Failure by Design
Author: Georg RilingerPublisher: University of Chicago Press
ISBN: 0226834395
Category : Social Science
Languages : en
Pages : 322
Book Description
A new framework for studying markets as the product of organizational planning and understanding the practical limits of market design. The Western energy crisis was one of the great financial disasters of the past century. The crisis began in April 2000, when price spikes started to rattle California’s electricity markets. Decades later, some blame economic fundamentals and ignorant politicians, while others accuse the energy sellers who raided the markets. In Failure by Design, sociologist Georg Rilinger offers a different explanation, one that focuses on the practical challenges of market design. The unique physical attributes of electricity made it exceedingly difficult to introduce markets into the coordination of the electricity system, so market designers were brought in to construct the infrastructures that coordinate how market participants interact. An exercise in social engineering, these infrastructures were intended to guide market actors toward behavior that would produce optimal market results and facilitate grid management. Yet, though these experts spent their days worrying about incentive misalignment and market manipulation, they unintentionally created a system riddled with opportunities for destructive behavior. Rilinger’s analysis not only illuminates the California energy crisis but also develops a broader theoretical framework for thinking about markets as the products of organizational planning and the limits of social engineering, contributing broadly to sociological and economic thinking about the nature of markets.
Energy Action Plan
Author: California's Clean Energy Future
Author: California Independent System Operator
Author: United States. Congress. House. Committee on Government Reform. Subcommittee on Energy Policy, Natural Resources, and Regulatory AffairsPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Book Description
Author: