Book Details |
| California was the first to open its electricity markets
to competition (1998) and is often viewed as a prototype
for deregulation that is unfolding on a state-by-state
basis across the United States. In this book, energy columnist
and think-tank analyst Will McNamara takes readers into
the heart of the California energy crisis and recounts
the facts surrounding California’s deregulation.
He details who its main players were, the root causes
of its failure, the attempts at resolution, “re-regulation,”
and the price-cap debate. Further, he clarifies the common
misinformation surrounding the California energy crisis,
and draws solutions to the inherent problems of the California
model as other states deregulate their electricity markets.
Key Features & Benefits
• provides a thorough analysis of the inherent
market flaws that existed in the California model for
electric deregulation
• offers insights from a nationally recognized
energy industry analyst who has tracked the California
energy markets throughout the 1990s
• puts key developments of California’s deregulation
into valuable context
|
Contents |
| • Introduction
• Historical Perspective
• The Root Causes of the California Energy Crisis
• Impacts: How the Crisis Manifested
• The Financial Instability of Pacific Gas &
Electric Co. and Southern California Edison
• Resolution Attempts
• The Re-Regulation of California’s Energy
Market
• The Great Debate over Price Caps
• Comparison of California to Other States
• Summer 2001: The Energy Crisis Fizzles Out
• Present Status: Where Will California Energy
Markets Go From Here?
• Conclusion
• Index |
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