This paper examines the California electricity crisis and looks at the regulatory response.
Written in 2006; 2,250 words; 2 sources; $ 89.95
Paper Summary:
This paper provides a discussion of the California energy crisis and the regulatory response by Federal Energy Regulatory Commission (FERC). Through reviewing the facts of the case and detailing FERC's response, it is shown that energy providers engaged in price manipulation and the regulatory response was slow and ineffective. The writer notes that it took several FERC attempts to get it right.
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