Study: Power crisis & wrong remedies may short circuit California economy

But the state’s long-term outlook is as much as $90 billion worse if government takes over the power business rather than using market-oriented remedies to resolve the situation, according to an analysis released today by Cambridge Energy Research Associates (CERA) and UCLA’s Anderson Business Forecast. The results were produced using CERA’s electricity market models and UCLA’s economic forecasting models.

ATLANTA, Ga., June 28, 2001 – Sacramento Municipal Utility District (SMUD), one of California’s largest municipal electric utilities, is using Apogee Interactive’s Demand ExchangeSM Internet platform to reduce peak electric loads with its commercial and industrial customers.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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