The California Energy Crisis: Lessons for a Deregulating Industry
Description of Item
California was the first to open its electricity markets to competition (1998) and is often viewed as a prototype for deregulation that is unfolding on a state-by-state basis across the United States. In this book, energy columnist and think-tank analyst Will McNamara takes readers into the heart of the California energy crisis and recounts the facts surrounding California's deregulation. He details who its main players were, the root causes of its failure, the attempts at resolution, 're-regulation', and the price-cap debate. Further, he clarifies the common misinformation surrounding the California energy crisis, and draws solutions to the inherent problems of the California model as other states deregulate their electricity markets. The book provides a thorough analysis of the inherent market flaws that existed in the California model for electric deregulation; offers insights from a nationally recognized energy industry analyst who has tracked the California energy markets throughout the 1990s; and, puts key developments of California's deregulation into valuable context.
Features & Benefits
- Provides a thorough analysis of the inherent market flaws that existed in the California model for electric deregulation
- Offers insights from a nationally recognized energy industry analyst who has tracked the California energy markets throughout the 1990s
- Puts key developments of California's deregulation into valuable context
Audience
- Field level personnel
- Management
- Energy lending and finance professionals
- Anyone who seeks to understand how, or relies upon, energy markets
- Students
About the Author
Will McNamara is an energy consultant who specializes in electric industry restructuring, both nationally and internationally, competitive strategies of energy companies, mergers and acquisitions, information technology, and e-commerce. He formerly directed electric industry analysis for SCIENTECH, Inc., an energy consulting firm with 30 offices around the world.
Details
Type: Hardcover
Size: 6x9
Pages: 200
Published: 2002
ISBN: 9780878148448
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