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The California electricity crisis /
"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 exis...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Stanford, Calif. :
Hoover Institution Press : Stanford Institute for Economic Policy Research,
[2002]
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| Colección: | Hoover Institution Press publication ;
503. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | "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 |
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| Descripción Física: | 1 online resource (xii, 291 pages) : illustrations (some color), color maps |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9780817929183 0817929185 9780817929138 0817929134 |