Power for the People examines the tension between the social and political interests of states and the market in the case of energy policy. The author has conducted extensive research on California's experience with electricity restructuring, and assesses how the diverging interests of the market vs. the state resulted in that notable failure of energy deregulation. She includes overviews of many other states, and offers analysis on how states can balance their own interests with the market without imposing high costs on their citizens or the environment. This is the first book to look at deregulation from the point of view of the consumer and the states. Exceptionally clear, balanced, and well-written, it is essential reading for anyone interested in public policy, energy studies, and government deregulation of services, and would also be an ideal supplement for any courses in these areas.
1. Introduction; 2. A Brief History of U.S. Energy Policy; 3. The States and Energy Policy, 1975-1995; 4. Restructuring Electricity; 5. Restructuring the California Electricity Market: A Case Study; 6. Restructuring in Other States; 7. State Energy Policy in 2001; 8. The Market and the States; 9. Balancing the Interests of the States and the Market; 10. The Future of Electricity Deregulation; 11. Public Policy and the Market; 12. Epilogue