17 Energy (supplies, policy, economics, forecasts) China is the second largest energy consumer in the world. This paper reviews the production and consumption of traditional and renewable energy in China over the past three decades. It also presents an overview on the research and development of re
Diagnosing the California Electricity Crisis
โ Scribed by Frank A. Wolak
- Publisher
- Elsevier Science
- Year
- 2003
- Tongue
- English
- Weight
- 795 KB
- Volume
- 16
- Category
- Article
- ISSN
- 1040-6190
No coin nor oath required. For personal study only.
โฆ Synopsis
His fields of specialization are Industrial Organization and Econometric Theory. His recent work studies methods for introducing competition into infrastructure industriestelecommunications, electricity, water delivery and postal delivery services-and on assessing the impacts of these competition policies on consumer and producer welfare.
๐ SIMILAR VOLUMES
The widely held view that FERC ''failed'' in its oversight of Western power markets is overly simplistic. It ignores the physical and political realities of the crisis. Above all, it ignores the fact that the crisis was solved not by FERC intervention but by vigorous state action that restored the b
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
Federal policymakers must not neglect to rationalize the allocation of jurisdiction between federal and state regulators, remove impediments to the expansion of the interstate transmission grid, and support the development of demand-side responsiveness to market pricing.