Download or read book California Energy Markets written by California. Bureau of State Audits and published by . This book was released on 2003 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Failure by Design written by Georg Rilinger and published by University of Chicago Press. This book was released on 2024-08-19 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book California Energy Markets written by California. Bureau of State Audits and published by . This book was released on 2001 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book California energy markets written by United States. Congress. House. Committee on Government Reform. Subcommittee on Energy Policy, Natural Resources, and Regulatory Affairs and published by . This book was released on 2003 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Restructured Electricity Markets written by Jim Wells and published by DIANE Publishing. This book was released on 2002-02 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our analysis and other studies found evidence that wholesale electricity suppliers exercised market power by raising prices abov.
Download or read book California Energy Markets written by Elaine M. Howle and published by . This book was released on 2001-02-01 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audit report concerning the CA Dept. of Water Resources' mgmt. of the power-purchasing program. Concludes that in the aftermath of the Calif. energy crisis of 2000 & 2001, the dept. has had some successes in renegotiating its power contracts to better match consumer demand, reduce contract costs, & improve the terms of the agree. During 2002, the dept. was able to minimize its sales of surplus power, but it was not able to coordinate the dispatch of its power resources with those of the investor-owned util. Many aspects of the State's power market remain unresolved incl. creditworthiness of the util., long-term governance of the utilities' power procurement practices, further develop. of new power supplies, & investigations & litigation.
Download or read book The California Electricity Crisis written by Charles J. Cicchetti and published by Springer Science & Business Media. This book was released on 2007-05-08 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Third Report on Market Issues in the California Power Exchange Energy Markets written by James Busby Bushnell and published by . This book was released on 2000 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The California Electricity Crisis written by James L. Sweeney and published by Hoover Press. This book was released on 2013-09-01 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: After political leaders mismanaged the electricity crisis, California now faces an electricity blight while it struggles to recover from its self-imposed wounds. The California Electricity Crisis focuses on policy decisions, their consequences, and alternatives: the saga California has faced and is still facing.
Download or read book California Energy Commission Strategic Plan written by California Energy Commission and published by . This book was released on 1997 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Attorney General s Energy White Paper written by and published by . This book was released on 2004 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book California s Energy Markets written by California. Bureau of State Audits and published by . This book was released on 2003 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The California Electricity Crisis written by Christopher Weare and published by Public Policy Instit. of CA. This book was released on 2003 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Vision for California s Energy Future written by California. Governor (2003-2011 : Schwarzenegger) and published by . This book was released on 2005 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Electric Utility Industry Restructuring written by United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power and published by . This book was released on 2001 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Congressional Perspectives on Electricity Markets in California and the West and National Energy Policy written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy and Air Quality and published by . This book was released on 2001 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report on Market Issues in the California Power Exchange Energy Markets written by Roger E. Bohn and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
