The California Public Utilities Commission (CPUC) has issued an interim decision on restructuring the California electric industry (R.94-04-031). The decision calls for the CPUC to propose a...
California's Electric Market: Are Customers Necessary?
created these areas of risk or simply has found a way of assigning already existing risk to suppliers. It should be kept in mind that both issues are real time issues and are an example of a situation where the implementers of the new rules are using computer models to "stand-in" for real time events. When suppliers are charged for costs that would not have otherwise been imposed, the PUC and the framers of AB 1890 deserve the charge that they have created new risk.
4 Pondering The Power eXchange, Energy Buyers Guide, January 1998, Robert McCullough.
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