Disaster By Design: California's Experience with Electricity Restructure: The Storm Hits (B) Case Solution
The power shortages and blackouts of 2000 and early 2001 led to theinternational attention to the electricity deregulation regime embraced four years previously by the state of California. This article focuses onthe procedure through, along with a definitive accounts of the nature of that deregulation and the alternatives contemplated as it was crafted.
This is a discussion regarding how elected officials and California regulators sought to keep the coordination and functioning efficiencies related to the present vertically- and horizontally-integrated system while enabling a competitive marketplace to thrive. This is becauseit stops short of describing what just appeared to go wrong when California was hit by the electricity crisis, the case demands evaluation and discussion of the unintended effects of the deregulation regime selected-including the choice to fix retail costs during a transition period. It provides in-depth descriptions of the function of a vital new association, the "independent system operator" and the function California selected for it to play in easing power trades.
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: October 01, 2001 PRODUCT #: HKS491-HCB-ENG
Related Case Solutions & Analyses:
Sugar Daddy: Quotas and the U.S. Government
Leo Burnett Co. Ltd.: Virtual Team Management
Disctech Inc. Video
Jackson Automotive Systems, Spanish Version
Altoona State Investment Board: December 2008
E.I. du Pont de Nemours and Co.: The Conoco Split-off (A)
Eskimo Pie Corp. (Abridged)
Financial Reporting Environment
Liability Problems
Threshold Sports, LLC
