A Perspective on Energy Challenges in California
600 views · Published 20 November 2009 · 54:13 · Indexed 12 October 2026
Channel: CITRIS and the Banatao Institute · 2009 · Science & Technology
Ron Hofmann [Senior Advisor, CIEE] Abstract: In 1996, California deregulated its wholesale electricity market and left it up to the regulated investor-owned utilities to manage retail electricity costs for consumers. Four years later, this paradigm fell apart in large measure because consumers had no incentive and timely mechanisms to reduce load when electricity supply prices began to rise. Mr. Hofmann will provide a brief overview of the California electricity crisis of 2000-2001, a history of what the PIER program has been funding in demand response over the past 8 years, and a perspective on California's energy challenges going forward.
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