Deck:
Experts say that many of the new policies by the PUC and the state legislature seem to be putting the Golden State on track for more blackouts.
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Experts say that many of the new policies by the PUC and the state legislature seem to be putting the Golden State on track for more blackouts.
Although California's electricity crisis reached its worst point two years ago, utilities, consumers, and other market participants continue to fear a recurrence of the supply shortages and price spikes that added $40 billion to the cost of electricity over a horrific 13-month period.
Despite a host of emergency measures implemented in response to the crisis, no one believes that the underlying problems of energy infrastructure or faulty market designs have been completely corrected. Particularly, many Californians are concerned that regulators:
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