Faruqui, Ahmad; Chao, Hung-po; Niemeyer, Vic; Platt, Jeremy - In: The Energy Journal Volume22 (2001) Number 4, pp. 29-52
California's power crisis has implications for power markets world wide, because of the severity and unpredictability of its impacts. This paper discusses the causes of the crisis and derives lessons for energy policy makers. The crisis was triggered by a fundamental imbalance between the...
