LEADER 03682nam 2200577 450 001 9910453505703321 005 20200520144314.0 010 $a0-8179-2918-5 035 $a(CKB)2550000001165793 035 $a(EBL)1370722 035 $a(OCoLC)864675547 035 $a(MiAaPQ)EBC1370722 035 $a(Au-PeEL)EBL1370722 035 $a(CaPaEBR)ebr10812407 035 $a(CaONFJC)MIL547061 035 $a(EXLCZ)992550000001165793 100 $a20020418d2002 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 14$aThe California electricity crisis /$fJames L Sweeney 210 1$aStanford, California :$cHoover Institution Press,$d2002. 215 $a1 online resource (305 p.) 225 1 $aHoover Institution Press publication ;$vno. 513 300 $aDescription based upon print version of record. 311 $a0-8179-2911-8 311 $a1-306-15810-9 320 $aIncludes bibliographical references and index. 327 $aFront 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 System 327 $aRetail 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 Critique 327 $aChapter 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 ; Index 330 $aAfter political leaders mismanaged the electricity crisis, California now faces an electricity blight while it struggles to recover from its self-imposed wounds. The California Electricity Crisis focuses on policy decisions, their consequences, and alternatives: the saga California has faced and is still facing. 410 0$aHoover Institution Press publication ;$v513. 606 $aElectric industries$zCalifornia 606 $aElectric utilities$xGovernment policy$zCalifornia 606 $aEnergy policy$zCalifornia 608 $aElectronic books. 615 0$aElectric industries 615 0$aElectric utilities$xGovernment policy 615 0$aEnergy policy 676 $a333.793/2/09794 700 $aSweeney$b James L$088906 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910453505703321 996 $aThe California electricity crisis$92265278 997 $aUNINA