The California electricity crisis

The Resource The California electricity crisis

Label

The California electricity crisis

Statement of responsibility

James L Sweeney

Language

eng

Summary

"California began the decade of the 1990s with a vertically integrated electric power system that had been working reasonably well under regulation. Still, there were opportunities for improvement. Although some reasons offered for restructuring were unrealistic, sufficiently valid reasons existed to proceed. There was, however, risk from the very beginning that things could go wrong - and go wrong they did."
"The restructuring, often mischaracterized as "deregulation," put the state and the investor-owned utilities in an inappropriately risky economic position. The risks became realities as the perfect storm hit California's electric system. The western states failed to build new generation capacity to match their growth in power consumption. Problems became apparent in the new California wholesale markets. Low rainfall in the Pacific Northwest curtailed hydroelectric generation and precipitated an electricity shortage. The challenge to California was serious and difficult
The California Electricity Crisis details the events that ultimately led to the crisis: the policy decisions, consequences of those decisions, and alternatives that could have averted the crisis and the current blight."--Jacket

Cataloging source

N$T

Dewey number

333.793/2/09794

Illustrations

Index

index present

LC call number

HD9685.U6

LC item number

C376 2002eb

Literary form

non fiction

Nature of contents

Series statement

Hoover Institution Press publication

Series volume

number 513 [i.e. 503]

Context

Context of The California electricity crisis

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The California electricity crisis

Resource Information

The work The California electricity crisis represents a distinct intellectual or artistic creation found in University of Missouri-St. Louis Libraries. This resource is a combination of several types including: Work, Language Material, Books.

Context