Energy Deregulation in California Benefits of Competition Were Undermined by Structural Flaws in the Market, Unsuccessful Oversight, and Uncontrolled Competitive Forces

Audit report concerning the operations of the Cal. Independent System Oper. (ISO) & its relationship with the Power Exchange. The failure of deregulation is not the result of any single cause, but rather of a complex combination of factors. Foremost among these are certain fundamental flaws in the structure of the power market. Chapters: the fundamental structure of the market is flawed; market monitoring identified problems that regulators were unsuccessful in correcting; uncontrollable shifts in competitive market forces affected wholesale energy prices; legislation & exec. orders addressing the energy crisis; single price auctions; recommendations made by others; & ISO.Howell, Elaine M. is the author of 'Energy Deregulation in California Benefits of Competition Were Undermined by Structural Flaws in the Market, Unsuccessful Oversight, and Uncontrolled Competitive Forces' with ISBN 9780756713362 and ISBN 0756713366.