000			01763nam a2200229Ia 4500
008			140323b2004 xxu||||| |||| 00| 0 eng d
020			_a1402076924
082			_a333.793
100			_aCicchetti, Charles J. _9237582
245			_aThe California electricity crisis: what, why, and what's next _cCicchetti, Charles J.
260			_aBoston _bKluwer Academic Publishers _c2004
300			_axviii, 209 p.
365			_bEuro 87.00
520			_aThis book attempts to explain what went wrong in California's restructured energy markets and what must be done to restore California's economy and build new electricity systems. The intention here is to reconcile the principles of competition and regulation. California had a severe electricity crisis for about thirteen months beginning in May of 2000. The economic consequences that arose from this crisis persist. California's economy suffers and the state's treasury is deeply in debt. The state's three IOUs were nearly financially decimated. The problems and consequences arising from California's ill-fated foray into electricity market restructuring could damage the state for years to come. challenge of this nature are not new to the Golden State. In the past, pragmatic, not entrenched, approaches have worked best in California. If California is to relatively quickly restore its previous enviable economic vitality and recover from the damage done to tarnish its luster, pragmatic approaches must again be used.
650			_aElectric utilities - Government policy - California
650			_aElectric Industries - California
650			_aEnergy policy - California
700			_aDubin, Jeffrey A. _929374
700			_aLong, Colin M. _929375
942			_cBK
999			_c293842 _d293842