03648nam 2200565 450 991079085350332120230607225455.00-8179-2918-5(CKB)2550000001165793(EBL)1370722(OCoLC)864675547(MiAaPQ)EBC1370722(Au-PeEL)EBL1370722(CaPaEBR)ebr10812407(CaONFJC)MIL547061(EXLCZ)99255000000116579320020418d2002 uy 0engurcnu||||||||rdacontentrdamediardacarrierThe California electricity crisis /James L SweeneyStanford, California :Hoover Institution Press,2002.1 online resource (305 p.)Hoover Institution Press publication ;no. 513Description based upon print version of record.0-8179-2911-8 1-306-15810-9 Includes bibliographical references and index.Front Cover ; Title Page ; Half Title ; Copyright ; Contents ; Figures and Tables ; Acknowledgments; Foreword; Chapter 1: Introduction and Overview ; Chapter 2: California' S Restructuring: Turning Opportunity Into Risk ; California Utilities before Restructuring ; The Changing Federal Regulatory Structure ; Opening Transmission Networks ; Impacts on California Electricity Before Restructuring ; Motivations for California Electricity Deregulation ; California Public Utilities Commission Leadership ; Wholesale Markets Under the Restructured SystemRetail Markets Under the Restructured System Municipal Utilities; In Summary; Chapter 3: The Challenge ; The Nature of the Challenge ; Electricity Supply and Demand Patterns ; Wholesale Price Increases ; Why Did Wholesale Prices Increase So Much? ; California-Controlled Wholesale Price Controls ; The Financial Challenge ; State Policy Responses During the Challenge Period ; In Summary ; Chapter 4: Through Crisis ; The Nature of the Crisis ; The Electricity Crisis ; The Financial Crisis ; State and Federal Policy Responses ; California Policy During the Crisis: A CritiqueChapter 5: From Crisis to Blight Long-Term Electricity Purchase Contracts ; Electricity Revenue Bonds ; Inclusion of the Utilities' Past Crisis Costs in Future Electricity Rates ; Paying Sunk Costs Through Future Electricity Prices ; Elimination of Direct Access ; State Power Authority ; Chapter 6: Policy Options: What Next? ; Improve Regional Integration ; Improve California Electricity Markets ; Improve Risk Management ; Manage California's Financial Obligations ; Chapter 7: Some Reflections ; IndexAfter 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.Hoover Institution Press publication ;513.Electric industriesCaliforniaElectric utilitiesGovernment policyCaliforniaEnergy policyCaliforniaElectric industriesElectric utilitiesGovernment policyEnergy policy333.793/2/09794Sweeney James L88906MiAaPQMiAaPQMiAaPQBOOK9910790853503321The California electricity crisis3674402UNINA