California's electricity crisis: a marke
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James Bushnell
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Article
📅
2004
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Elsevier Science
🌐
English
⚖ 371 KB
The factors most often cited as the causes of the California crisis are the scarcity of generation capacity, a flawed market design, and the venality of electricity producers. However, many of these attributes were present in other electricity markets, none of which have suffered through anything li