California's dysfunctional electricity market: policy lessons on market restructuring

被引：10
|
作者：
Sioshansi, FP [1 ]
机构：
[1] Menlo Energy Econ, Menlo Park, CA 94025 USA
来源：
ENERGY POLICY | 2001年 / 29卷 / 09期
关键词：
D O I：
10.1016/S0301-4215(01)00008-8
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The restructured electricity market in California has been behaving oddly, and badly since summer of 2000. Electricity prices have been exorbitantly high, and highly volatile. Despite the high prices, the three investor-owned utilities are in dire financial shape because they cannot pass on the high costs of wholesale power to their customers due to a rate freeze. Many policymakers in the US and elsewhere want to know what went wrong in California-trying to avoid a similar fate as they proceed with their own market liberalization plans. (C) 2001 Elsevier Science Ltd. All rights reserved.
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页码：735 / 742
页数：8
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