California LP targets utility taxes with "Operation Energy Tax Revolt"
, Libertarian Party News
, Jan 2002
"Over the past year, the state legislature has sent energy prices soaring by piling regulations on energy companies in the wake of California's electricity crisis ... 'We don't believe local governments should benefit monetarily because of state government regulations that drive up prices for consumers,' said Starr ..."
Central Planning of Electricity Must Fail
, by Sheldon Richman
, 20 Aug 2003
Explains why deregulation (or the "free market") was not responsible for the Northeastern U.S. blackout of 2003
"California, the land of alleged power deregulation, is often used to indict free markets. There the authorities froze retail electricity prices even when wholesale prices were rising. (Other stifling regulations were also imposed on every stage of the industry.) ... When higher demand would have raised prices, signaling to end-users that they should conserve, government price controls kept those users from getting the message. Demand continued to rise, squeezing utilities, whose prices were not capped, until a crisis hit."
The Experimental Economist: Nobel laureate Vernon Smith takes markets places they've never been before
, by Vernon L. Smith
, Nick Gillespie
, Michael W. Lynch, Reason
, 9 Oct 2002
Topics discussed include law (discovered vs. formally made), experimental economics, electric power, demand-interrupt pricing, airport landing and takeoff slots, NASA missions, libertarianism and economics
"Let's say you're creating a market for wholesale electricity. You have buyers and sellers of power at different nodes in an electric power network. People put in location-specific asking prices to sell power; they've got to be location-specific because power grids leak, and depending on where you are on the network, your costs will be different. ... A computer essentially takes all the asks, all the bids, and all the location costs and it maximizes the gains from trade. ... We did experiments for this sort of system in Australia in 1993 and again in '96. ... Australia ended up deregulating its electric power industry ..."
The Right Way to Fix The Grid
, by Jerry Taylor, Peter Van Doren, New York Post
, 19 Aug 2003