Title :
IEEE Power Engineering Society
Author :
Budhraja, Vikram S.
Author_Institution :
Electr. Power Group, LLC, Pasadena, CA, USA
Abstract :
California´s electricity crises started in summer of 2000 when the competitive market became dysfunctional. This article provides: an overview of industry restructuring that led to changes in California´s market; a summary of the restructuring process, competitive market design, and performance; review of the factors that contributed to the electricity crises; and an outline of the reliability agenda for the US electric industry based on lessons from California and structural changes taking place.
Keywords :
electricity supply industry; power system reliability; California; USA; competitive electricity market; competitive market design; electricity crises; power industry restructuring; reliability agenda; Business; Companies; Crisis management; Energy management; ISO; Laboratories; Power system management; Power system protection; Power system reliability; Process design;
Journal_Title :
Power Engineering Review, IEEE
DOI :
10.1109/MPER.2002.1021355
