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Electric Industry Restructuring: An Overview of the Policy Issues
Author(s) -
CAVAZOS ROBERTO J.,
BUSS TERRY F.
Publication year - 2003
Publication title -
review of policy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.832
H-Index - 45
eISSN - 1541-1338
pISSN - 1541-132X
DOI - 10.1111/1541-1338.t01-1-00002
Subject(s) - deregulation , restructuring , electric utility , electric power industry , context (archaeology) , government (linguistics) , electric energy , electric power , business , power (physics) , economics , market economy , industrial organization , finance , engineering , electricity , paleontology , linguistics , electrical engineering , biology , philosophy , physics , quantum mechanics
The crisis precipitated by the flawed restructuring of California's electric power industry focused national attention on the questin of whether to allow utility companies‐highly regulated by government‐to operate in a deregulated energy market. This symposium examines the issues involved in moving from regulation to deregulation of the electric power industry. This introductory paper reviews the deregulation policy issues and discusses California's deregulation experience to put the issue in context.