New Insights Into California Electricity Crisis May Help Prevent Future Crises
Thursday, June 16, 2016 - 09:40
in Mathematics & Economics
Between 2000 and 2001, California experienced the biggest electricity crisis in the U.S. since World War II. Exactly how it happened, however, is complex. New research now reveals insights into the market dynamics at play, potentially helping regulators standardize the market and prevent future crises.