Schriftliche Fassung eines Vortrages anlässlich der Tagung zum Thema "Deregulierung und Privatisierung: Erfahrungen Problem-Potentiale" des Wirtschaftspolitischen Ausschusses des Vereins für Socialpolitik vom 27.-29.03.2001 an der Universität St. Gallen, St. Gallen, CH.

This paper discusses the political, regulatory and economic factors that led to California's electricity crisis in 2000 and 2001. It begins with a discussion of the origins of California's electricity restructuring and competition programs. It then discusses the structure of the wholesale and...

This paper discusses the political, regulatory and economic factors that led to California's electricity crisis in 2000 and 2001. It begins with a discussion of the origins of California's electricity restructuring and competition programs. It then discusses the structure of the wholesale and...

European energy policy faces challenges. Among these are gas supply security and competitiveness of the gas market. Gas supply security is at risk from presently high and increasing European import dependence on a limited number of large foreign suppliers, notably Sonatrach, Statoil and Gazprom....