California electricity crisis

E340328

The California electricity crisis was a period in 2000–2001 marked by rolling blackouts, skyrocketing power prices, and market manipulation by energy companies that exposed major flaws in the state’s deregulated electricity system.

All labels observed (3)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf electricity crisis ⓘ
energy crisis ⓘ
historical event ⓘ
alsoKnownAs Western U.S. energy crisis of 2000–2001 ⓘ
characterizedBy high wholesale electricity prices ⓘ
market manipulation strategies such as "gaming" and "megawatt laundering" ⓘ
plant outages and capacity withholding ⓘ
retail rate freezes for utilities ⓘ
country United States ⓘ
endTime 2001 ⓘ
exposed flaws in California’s deregulated electricity system ⓘ
followedBy 2003 California gubernatorial recall election ⓘ
governmentResponse California Department of Water Resources power‑purchasing program ⓘ
long‑term electricity contracts signed by the State of California ⓘ
price caps imposed by Federal Energy Regulatory Commission ⓘ
hasCause electricity market deregulation in California ⓘ
generation capacity constraints ⓘ
inadequate long‑term power contracts ⓘ
market manipulation by energy companies ⓘ
wholesale–retail price mismatch ⓘ
hasEffect bankruptcy of Pacific Gas and Electric Company in 2001 ⓘ
downgrading of California state credit rating ⓘ
financial crisis for California utilities ⓘ
large state budget deficit in California ⓘ
political crisis for California state government ⓘ
recall movement against Governor Gray Davis ⓘ
rolling blackouts in California ⓘ
skyrocketing electricity prices ⓘ
involves California Independent System Operator ⓘ
California Power Exchange ⓘ
California Public Utilities Commission ⓘ
Duke Energy ⓘ
linked to: Duke Power Company

Dynegy ⓘ
Enron ⓘ
Federal Energy Regulatory Commission ⓘ
Mirant ⓘ
Reliant Energy ⓘ
locatedIn California ⓘ
mainVictim California electricity consumers ⓘ
Pacific Gas and Electric Company ⓘ
San Diego Gas & Electric ⓘ
Southern California Edison ⓘ
partOf history of energy policy in California ⓘ
precededBy California electricity market restructuring of 1996 ⓘ
regulatoryFramework California electricity market deregulation of the late 1990s ⓘ
significantEvent Stage 3 power emergencies in California ⓘ
rolling blackouts in January 2001 ⓘ
state intervention to purchase power ⓘ
startTime 2000 ⓘ
timePeriod early 21st century ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Enron: The Smartest Guys in the Room → focusesOnEvent → California electricity crisis ⓘ
NEPDG → relatedTo → U.S. energy crisis of 2000–2001 ⓘ
linked to: California electricity crisis
National Energy Policy report → politicalContext → California electricity crisis ⓘ
California electricity crisis → alsoKnownAs → Western U.S. energy crisis of 2000–2001 ⓘ
linked to: California electricity crisis