论文信息 - Diagnosing the California Electricity Crisis

Diagnosing the California Electricity Crisis

Abstract A key lesson is that FERC must regulate, rather than simply monitor, wholesale electricity markets. Rather than focusing its attention on monitoring market performance, FERC should instead concentrate on designing proactive protocols for rapid regulatory intervention to correct market design flaws as quickly as possible and order refunds as soon as unjust and unreasonable prices are found.

Frank A. Wolak | F. Wolak

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