Default Fellow

Frank A. Wolak

Biography: 

Professor of Economics, Stanford University; Chairman, Market Surveillance Committee of the California Independent System Operator.

Filter By:

Topic

Type

Recent Commentary

Blank Section (Placeholder)PoliticsAnalysis and Commentary

Electricity Policy Reform: Economic Policy Challenges Facing California’s Next Governor

by Frank A. Wolakvia Hoover Institution
Monday, October 29, 2018

Californians like to think of themselves as environmentally conscious and forward-thinking. The state’s energy and environmental policies reflect these sentiments. With the passage of SB 100, California has one of the nation’s most ambitious renewable energy goals for its electricity supply industry. The California Solar Initiative rebate program has led to more rooftop solar capacity in the state than the total rooftop solar capacity installed in the next eight highest-capacity states.

POWER TO THE PEOPLE: Electricity Deregulation

with Gary Ackerman, Frank A. Wolak, Carl Woodvia Uncommon Knowledge
Wednesday, December 13, 2000

In 1996, California began the process of deregulating its electric utilities, a process closely watched nationwide, as twenty-five other states also move toward deregulation. The results thus far in California: A power crisis—electricity shortages, rolling blackouts, utilities on the verge of bankruptcy, and rising rates for customers. Was utility deregulation just poorly managed in California or are the electric utilities fundamentally different than industries that have benefitted from deregulation, such as airlines and telephone? Will the California power crisis bring the national movement toward energy deregulation to a halt or not?