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The electricity system at the crossroads--policy choices and pitfalls

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  • Richard H. Mattoon

Abstract

Can electricity markets be successfully opened to competition? Events ranging from California's electricity crisis to the fall of electricity trading giant Enron have caused policymakers to reexamine the benefits of restructuring the industry. This article examines policy developments in the Midwest and highlights some lessons that might help guide future electricity policy.

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  • Richard H. Mattoon, 2002. "The electricity system at the crossroads--policy choices and pitfalls," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 26(Q I), pages 2-18.
    • Handle: RePEc:fip:fedhep:y:2002:i:qi:p:2-18:n:v.26no.1
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    1. Borenstein, Severin & Bushnell, James & Kahn, Edward & Stoft, Steven, 1995. "Market power in California electricity markets," Utilities Policy, Elsevier, vol. 5(3-4), pages 219-236.
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