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A perfect storm: climate change, the power grid, and regulatory regime change after network failure

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  • John Rennie Short

Abstract

This case study explores electric grid failure in the aftermath of a major storm. The thick description of the event highlights broader issues of climate change, the changing regulatory regime of electricity provision, and urban network vulnerability. The reaction to the storm forced a shift in the regulatory regime from one that stressed cost reductions and return on investment to one that also encompassed issues of grid resiliency and service reliability.

Suggested Citation

  • John Rennie Short, 2016. "A perfect storm: climate change, the power grid, and regulatory regime change after network failure," Environment and Planning C, , vol. 34(2), pages 244-261, March.
    • Handle: RePEc:sae:envirc:v:34:y:2016:i:2:p:244-261
    DOI: 10.1177/0263774X15614185
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    References listed on IDEAS

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    1. Paul L. Joskow, 2014. "Incentive Regulation in Theory and Practice: Electricity Distribution and Transmission Networks," NBER Chapters, in: Economic Regulation and Its Reform: What Have We Learned?, pages 291-344, National Bureau of Economic Research, Inc.
    2. Maria Kaika & Erik Swyngedouw, 2000. "Fetishizing the modern city: the phantasmagoria of urban technological networks," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 24(1), pages 120-138, March.
    3. Hyunsoo Park, 2012. "Institutional Vulnerability and Power System Disturbances in the United States," International Review of Public Administration, Taylor & Francis Journals, vol. 17(2), pages 63-92, August.
    4. Anna Ter-Martirosyan & John Kwoka, 2010. "Incentive regulation, service quality, and standards in U.S. electricity distribution," Journal of Regulatory Economics, Springer, vol. 38(3), pages 258-273, December.
    5. Paul L. Joskow, 2006. "Incentive Regulation for Electricity Networks," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 4(02), pages 3-9, July.
    6. repec:ces:ifodic:v:4:y:2006:i:2:p:14567496 is not listed on IDEAS
    7. Gilbert,Richard J. & Kahn,Edward P. (ed.), 2007. "International Comparisons of Electricity Regulation," Cambridge Books, Cambridge University Press, number 9780521030779, October.
    8. Paul L. Joskow, 2006. "Incentive Regulation for Electricity Networks," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 4(2), pages 3-9, 07.
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