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Lessons to Be Learned from California and Enron for Restructuring Electricity Markets

✍ Scribed by Michael D. Smith

Publisher: Elsevier Science
Year: 2002
Tongue: English
Weight: 144 KB
Volume: 15
Category: Article
ISSN: 1040-6190
DOI: 10.1016/s1040-6190(02)00340-8

No coin nor oath required. For personal study only.

✦ Synopsis

Neither of these cataclysmic events was caused by the normal operation of restructured electricity markets. Each had explainable causes that are outside the realm of a properly functioning retail electricity market, with implications for the management of market opening and transition, default service pricing structure, and stranded cost recovery.

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