Video Room

Severin Borenstein on The Trouble with the California Electricity Market (and Some Solutions)

What went wrong with California's electricity restructuring in 2000 and 2001? How can the state recover from the precarious supply situation it put itself in? Does the California crisis have lessons for other states that are restructuring? In this talk, Severin Borenstein, E.T. Grether Professor of Public Policy and Business Administration and director of the UC Energy Institute, discusses issues surrounding the California electricity restructuring. In this video excerpt, Borenstein focuses on two possible solutions to the current crisis, one supply-side, one demand-side.

Running Time: 9:40

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