Title of article :
Regulatory Failure in the California Electricity Crisis
Author/Authors :
Steven Peterson، نويسنده , , Charles Augustine، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2003
Abstract :
The widely held view that FERC “failed” in its oversight of Western power markets is overly simplistic. It ignores the physical and political realities of the crisis. Above all, it ignores the fact that the crisis was solved not by FERC intervention but by vigorous state action that restored the balance of supply and demand. The real regulatory failure was that FERC and state policymakers were unable to work together to resolve the crisis.
Journal title :
The Electricity Journal
Journal title :
The Electricity Journal