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The California Electricity Crisis details the events that ultimately led to the crisis: the policy decisions, consequences of those decisions, and alternatives that could have averted the crisis and the current blight."--Jacket.
In May 2007 the Calif. Auditor included the production and delivery of electricity to its list of high-risk issues. Since Calif¿s. restructuring of the electricity industry in the late 1990s and the subsequent energy crisis of 2000 and 2001, the electricity sector has continued to evolve. The actions the State and other market participants have taken have decreased the risk of another energy crisis. However, these stakeholders continue to work to resolve issues and to further refine the actions taken to alleviate the earlier energy crisis. This report also identifies significant new issues and challenges in the electricity sector that the State faces, which have the potential to influence the supply of electricity, its transmission, and consumer rates. Illustrations.
Energy has been an inevitable component of human lives for decades. Recent rapid developments in the area require analyzing energy systems not as independent components but rather as connected interdependent networks. The Handbook of Networks in Power Systems includes the state-of-the-art developments that occurred in the power systems networks, in particular gas, electricity, liquid fuels, freight networks, as well as their interactions. The book is separated into two volumes with three sections, where one scientific paper or more are included to cover most important areas of networks in power systems. The first volume covers topics arising in electricity network, in particular electricity markets, smart grid, network expansion, as well as risk management. The second volume presents problems arising in gas networks; such as scheduling and planning of natural gas systems, pricing, as well as optimal location of gas supply units. In addition, the second volume covers the topics of interactions between energy networks. Each subject is identified following the activity on the domain and the recognition of each subject as an area of research. The scientific papers are authored by world specialists on the domain and present either state-of-the-arts reviews or scientific developments.
Three issues have been added to the high-risk list: (1) The budget. The State has experienced ongoing deficits that greatly outweigh any surpluses, and much of the implemented solutions have only pushed the problem into the future; (2) The admin. of the $85.4 billion the State expects to receive under the Amer. Recovery and Reinvest. Act of 2009. Certain state agencies¿ internal controls over their admin.of fed. programs have had problems; (3) The production and delivery of electricity. The State is at risk of failing to meet targets to increase the use of renewable electricity sources, and new power plant construction may be offset by the need to replace environmentally harmful and aging plants in the near future. Illustrations.