The Californian crisis: The good use of the electricity market deregulation

被引:0
作者
Hadas-Lebel, Raphaël [1 ]
机构
[1] Comm. de Regulation de l'elect, France
来源
Revue de l'Energie | 2002年 / 535期
关键词
Economics - Energy utilization;
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摘要
Supply shortages and sudden power cuts, significant price increases and bankruptcy of both main State distributors: these events reveal the seriousness of the electric crisis in the richest and most populated state of the United States. California wanted to be a pioneer by opening its electric sector to competition. What has happened? How to explain that one of the most developed regions on the planet has fallen victim to a situation one would expect to find in less developed countries? What lessons can we draw from the experience for France and Europe?
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页码:170 / 174
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