Journal Article

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

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.

Keywords: Energy policy;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 2002

Volume: 26

Issue: Q I

Pages: 2-18