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Author:Asmus, P.
Title:What Enron's Collapse Means to Future Power Markets
Journal:Corporate Environmental Strategy
2002 : VOL. 9:3, p. 311-317
Index terms:BANKRUPTCY
ANALYTICAL REVIEW
POWER
MARKETS
Language:eng
Abstract:This article looks at de-regulation of the nation's electric utility industries in light of the Enron bankruptcy and the consequence of the subsequent state take-over of electricity purchasing. It is proposed that de-regulation is not dead; and instead proposes a restructuring of power markets that allows for next-generation cleaner power production. The author states that the bankruptcy of Enron of Houston, Texas, a firm that will forever be linked to the exaggerated promises linked to deregulating electricity supplies, casts a long shadow. The meteoric rise and abrupt fall of Enron reinforces the idea that "deregulation" of electricity is the root cause of the authors' seesawing supply woes.
SCIMA record nr: 241049
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