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Expecting the Unexpected: Networks, Markets, and the Failure of Electric Utility Restructuring in California
Networks Markets Electric Utility Restructuring
2010/10/8
In this paper, I place California’s disastrous recent experiences with market-oriented restructuring of its electric utility industry in the context of broader historical and economic themes. The hist...
The Economics of Electricity Networks and the Evolution of the U.S. Electric Utility Industry, 1882-1935
The Economics Electricity Networks Evolution the U.S. Electric Utility Industry
2010/10/8
The widespread and costly electricity blackout in the Midwestern and Northeastern United States and Ontario, Canada in August 2003 highlighted the imperfectly constructed North American electricity tr...