Powering Up California


Book Description

Many view California's electricity crisis as proof that electricity deregulation and indeed deregulation in general does not work. This is wrong. California did not deregulate its electricity market, but rather "restructured" it, requiring far more state intervention in electricity transactions than existed before. In doing so, the law created a micromanaged pseudo-market where suppliers of electricity have the ability and incentive to manipulate prices to their advantage, and utilities are forbidden to shop for better prices. Unfortunately, state leaders are working in an environment of widespread misunderstanding, such as many mistaking the state's restructuring for deregulation. Clear and effective policies, and public support for them, depend on an accurate analysis of the issues at hand and alternatives available. To that end, this study examines California's electricity crisis from three directions, analyzing: 1. The most important aspects of what went wrong with the restructuring; 2. How deregulation of electricity has worked in other states, and even other nations; and 3. Gov. Gray Davis' action plan, point by point.




The California Electricity Crisis


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California's Power Crisis


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Introduction to Energy in California


Book Description

This key reference is a primer on energy in a state that continues to lead the world in finding sustainable solutions to one of the most pressing issues of the twenty-first century. While much public debate has focused on fossil fuels, this clearly written guide provides essential information on a broader range of issues--where our energy comes from, where future supplies will be found, and what new advances are being made in the area of renewable energy sources. Making the complex world of energy science and policy accessible to a wide audience, Peter Asmus examines the rich human history of California's earliest oil and hydroelectricity developments, explains the natural history underpinning the state's cornucopia of energy sources, covers such controversial sources as nuclear reactors and liquified natural gas, and more. Introduction to Energy in California includes: * Discussion of oil, nuclear power, coal, emerging alternative technologies, and renewable sources including geothermal, solar, wind, and hydropower * Analysis of the challenges and solutions facing California and the world on energy-related issues such as global climate change * Compelling case studies of corporations, governments, communities, and individuals working on today's most pressing energy questions * Color illustrations, useful maps, and clear graphics throughout




California Is Still Coming Up Short on Electricity


Book Description

Despite California¿s aggressive response to the 2000-2001 energy crisis & the ongoing work of regulators to reach policy consensus, there is still a meaningful risk that future power supplies will come up short. One of the key drivers of this risk is a highly uncertain investment climate. In addition, the State¿s power policy still has significant flaws that will challenge long-term reliability & will contribute to continued high retail electricity costs for consumers. This paper highlights the risks of a near- to medium-power-supply shortage & sets forth options policy makers have for alleviating these risks. It also identifies the key longer-term challenges that policy makers face in reforming the State¿s power sector. Illustrations.







California's Electricity Crisis


Book Description




Public Power in California


Book Description

"Public Power in California" examines the structural and economic issues affecting the expansion of municipal electric power utilities in the state of California. Although the discussion centers on specific examples in California, the implications of the analysis presented in this book are relevant for the viability of future municipalization of utilities in the United States.