Skip to main content
SpringerLink
Log in

Economic Impacts of Electricity Outages in Los Angeles

The Importance of Resilience and General Equilibrium Effects

  • Chapter
Obtaining the Best from Regulation and Competition

Part of the book series: Topics in Regulatory Economics and Policy Series ((TREP,volume 47))

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
eBook
USD 16.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Anderson, R., and L. Taylor. 1986. “The Social Cost of Unsupplied Electricity: A Critical Review.” Energy Economics 8: 139–46.

    Article  Google Scholar 

  • Armington, P. 1969. “A Theory of Demand for Products Distinguished by Place and Production.” International Monetary Fund Staff Papers 16: 159–76.

    Google Scholar 

  • (ATC) Applied Technology Council. 1991. Seismic Vulnerability and Impact of Disruption of Lifelines in the Conterminous United States, Report ATC-25. Redwood City, CA: ATC.

    Google Scholar 

  • Beenstock, M., E. Goldin and Y. Haitobsky. 1997. “The Cost of Power Outages in the Business and Public Sectors in Israel: Revealed Preference vs. Subject Evaluation.” Energy Journal 18: 39–61.

    Google Scholar 

  • Bental, B. and S. A. Ravid. 1986. “A Simple Method for Evaluating the Marginal Cost of Unsupplied Electricity.” Bell Journal of Economics 13: 249–53.

    Google Scholar 

  • Bernstein, M., and Y. Hegazy. 1988. “Estimating the Economic Cost of Electricity Outages: A Case Study of Egypt.” Energy Journal 9 (Special Issue on Electricity Reliability): 1: ?.

    Google Scholar 

  • Berry, J. M. 2001. “Impact of California’s Crisis Muted for Now, U.S. Officials Say,” Washington Post, January 20, page E1.

    Google Scholar 

  • Boisvert, R. 1992. “Indirect Losses from a Catastrophic Earthquake and the Local, Regional, and National Interest.” In Indirect Economic Consequences of a Catastrophic Earthquake, Washington, DC: FEMA.

    Google Scholar 

  • Brennan, T. et al. 1996. A Shock to the System: Restructuring America’s Electricity Industry. Washington, DC: Resources for the Future.

    Google Scholar 

  • Brookshire, D. and M. McKee. 1992. “Other Indirect Costs and Losses from Earthquakes: Issues and Estimation.” In Indirect Economic Consequences of a Catastrophic Earthquake, Washington, DC: FEMA.

    Google Scholar 

  • (CEC) California Energy Commission. 2001. The Summer 2001 Conservation Report. Sacramento, CA.

    Google Scholar 

  • Caves, D., J. Harriges, and R. Windle. 1992. “The Cost of Electric Power Interruptions in the Industrial Sector: Estimates Derived from Interruptible Service Programs.” Land Economics 68: 49–61.

    Google Scholar 

  • Chao, H. P., and R. Wilson. 1987. “Priority Service: Pricing, Investment and Market Organization.” American Economic Review 77: 899–916.

    Google Scholar 

  • Crew, M. A., C. S. Fernando, and P. R. Kleindorfer. 1995. “The Theory of Peak-Load Pricing: A Survey.” Journal of Regulatory Economics 8: 215–48.

    Article  Google Scholar 

  • Crew, M. A., and P. R. Kleindorfer, 1986. The Economics of Public Utility Regulation. Cambridge, MA: MIT Press.

    Google Scholar 

  • Deardoff, Alan and Robert Stern. 1986. Michigan World Trade Model. Cambridge, MA: MIT Press.

    Google Scholar 

  • Doucet, J. and S. Oren. 1991. “Onsite Backup Generation and Interruption Insurance for Electricity Distribution.” Energy Journal 12: 79–93.

    Google Scholar 

  • Doucet, J., K. Min, and M. Roland, and T. Strauss. 1996. “Electricity Rationing Through A Two-Stage Mechanism.” Energy Economics 18: 247–63.

    Article  Google Scholar 

  • Douglas, J. 2000. “Power for a Digital Society.” EPRI Journal 25(4): 18–25.

    Google Scholar 

  • Environmental System Research Institute. 2002. “Zip Code Maps for Los Angeles County.”

    Google Scholar 

  • (GDT) Geographic Data Technology. 2002. GDT U.S. Street Data July 11, 2002 http://www.esri.com/data/download/gdt/index.html.

    Google Scholar 

  • (IPCC) Intergovernmental Panel on Climate Change. 2001 Climate Change 2001: The Scientific Basis. New York: Cambridge University Press.

    Google Scholar 

  • Kunreuther, H. and G. Heal. 2002. “Interdependent Security: The Case of Identical Agents.” Columbia University.

    Google Scholar 

  • Li, Ping-Cheng. 1994. Environmental Policy, Coal, and the Macroeconomy: The Impact of Air Quality Regulations on the Pennsylvania Economy. Ph.D. Dissertation, The Pennsylvania State University, University Park, PA.

    Google Scholar 

  • McKibbin, Warwick and Peter Wilcoxen. 1998. “The Theoretical and Emprical Structure of the G-Cubed Model.” Brookings Institution, Washington, DC.

    Google Scholar 

  • (MIG) Minnesota IMPLAN Group. 2000. Impact Analysis for Planning System (IMPLAN), Stillwater, MN.

    Google Scholar 

  • Munasinghe, M., and M. Gellerson. 1979, “Economic Criteria for Optimizing Power System Reliability Levels.” Bell Journal of Economics 10: 353–365.

    Google Scholar 

  • Munasinghe, M., and A. Sanghvi. 1988. “Reliability of Electricity Supply, Outage Costs and Value of Service: An Overview.” Energy Journal 9 (Special Issue on Electricity Reliability): 1–18.

    Google Scholar 

  • (NFIB) National Federation of Independent Business. 2001. “California Small Business Electric Supply Interruption Survey: Survey Results.”

    Google Scholar 

  • Prywes, Menahem. 1986. “A Nested CES Approach to Capital-Energy Substitution,” Energy Economics, 8: 22–28.

    Article  Google Scholar 

  • Reinert, Kenneth and David Roland-Holst. 1992. “Armington Elasticities for United States Manufacturing.” Journal of Policy Modeling, 14: 631–9.

    Article  Google Scholar 

  • Rose, A. 2001. “A Critical Issue in the Electricity Liability: Minimizing Regional Economic Losses in the Short Run.” IAEE Newsletter, First Quarter.

    Google Scholar 

  • Rose, A. 2004. “Defining and Measuring Economic Resilience to Earthquakes,” Journal of Disaster Preparedness and Management. forthcoming.

    Google Scholar 

  • Rose A., and J. Benavides. 1999. “Optimal Allocation of Electricity After Major Earthquakes: Market Mechanisms Versus Rationing,” In Advances in Mathematical Programming and Financial Planning edited by K. Lawrence, Greenwich, CT: JAI Press.

    Google Scholar 

  • Rose, A., and G. Guha. 2004. “Computable General Equilibrium Modeling of Electric Utility Lifeline Losses from Earthquakes,” Forthcoming in Modeling the Spatial Economic Impacts of Natural Hazards edited by S. Chang and Y. Okuyama, Heidelberg: Springer.

    Google Scholar 

  • Rose A., and S. Y. Liao. 2004. “Modeling Regional Economic Resiliency to Earthquakes: A Computable General Equilibrium Analysis of Water Service Disruptions.” Journal of Regional Science, forthcoming.

    Google Scholar 

  • Rose, A., and D. Lim. 2002. “Business Interruption Losses from Natural Hazards: Conceptual and Methodology Issues in the Case of the Northridge Earthquake,” Environmental Hazards 4(2): 1–14.

    Google Scholar 

  • Rose, A., J. Benavides, S. Chang, P. Szczesniak, and D. Lim. 1997. “The Regional Economic Impact of an Earthquake: Direct and Indirect Effects of Electricity Lifeline Disruptions.” Journal of Regional Science 37: 437–58.

    Article  Google Scholar 

  • Rutherford, T. 1995. “Computable General Equilibrium Modeling with MPSGE as a GAMS Subsystem: An Overview of the Modeling Framework and Syntax,” www.gams.com/solbers/mpsge/syntax.htm.

    Google Scholar 

  • Salvino, D. 2004. “The Economic Impact of Electricity Outages in California.” Unpublished M.S. Thesis, Department of Energy, Environmental, and Mineral Economics, The Pennsylvania State University, University Park, PA.

    Google Scholar 

  • (SCAG) Minjares, J. 2002. “RE: LA County Employment by Place of Work,” electronic data files containing employment by SIC code and Zip Code compiled by the Southern California Association of Governments, June 15, 2002.

    Google Scholar 

  • (SCE) Southern California Edison. 2002. Maps for all Outage Group. February, 2002, www.outagewatch.com/003_safety_first/003e2_ro_community,shtml.

    Google Scholar 

  • Shoven, J. and J. Whalley. 1992. Applying General Equilibrium, New York: Cambridge University Press.

    Google Scholar 

  • Telson, M. 1975. “The Economics of Alternative Levels of Reliability for Electric Power Generation Systems.” Bell Journal of Economics 6: 679–94.

    Google Scholar 

  • Tierney, K. 1997. “Impacts of Recent Disasters on Businesses: The 1993 Midwest Floods and the 1994 Northridge Earthquake,” in B. Jones (ed.), Economic Consequences of Earthquakes: Preparing for the Unexpected, Buffalo, NY: National Center for Earthquake Engineering Research.

    Google Scholar 

  • Tishler, A. 1993. “Optimal Production with Uncertain Interruptions in the Supply of Electricity: Estimation of Electricity Outage Costs,” European Economic Review 37: 1259–74.

    Article  Google Scholar 

  • U.S. Bureau of the Census. 2002. “Census 2000 Summary File 1 (SF1) 100-Percent Data,” April 1, 2000. hhtp://factfinder.census.gov/servlet/BasicFactsServlet.

    Google Scholar 

  • Visscher, M. L. 1973. “Welfare-Maximizing Price and Output with Stochastic Demand: Comment.” American Economic Review 63: 224–29.

    Google Scholar 

  • Woo, C., and K. Train. 1988. The Cost of Electric Power Interruptions to Commercial Firms.” Energy Journal (Special Issue) 9: 161–72.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. The Pennsylvania State University, USA

    Adam Rose (Professor of Geography)

  2. Oak Ridge National Laboratory, USA

    Gbadebo Oladosu (R&D Associate)

  3. ICF Consulting, Inc., USA

    Derek Salvino (Associate)

Authors
  1. Adam Rose
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Gbadebo Oladosu
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Derek Salvino
    View author publications

    You can also search for this author in PubMed Google Scholar

Editor information

Editors and Affiliations

  1. Center for Research in Regulated Industries Rutgers Business School — Newark and New Brunswick, Rutgers University, Newark, New Jersey, USA

    Michel A. Crew (Editor), Michael A. Crew  & Menahem Spiegel (Editor),  & 

  2. Center for Research in Regulated Industries Graduate School of Management, Rutgers University Newark, New Jersey, USA

    Michel A. Crew (Editor) (Editor)

Rights and permissions

Reprints and permissions

Copyright information

© 2005 Kluwer Academic Publishers

About this chapter

Cite this chapter

Rose, A., Oladosu, G., Salvino, D. (2005). Economic Impacts of Electricity Outages in Los Angeles. In: Crew, M.A., Crew, M.A., Spiegel, M. (eds) Obtaining the Best from Regulation and Competition. Topics in Regulatory Economics and Policy Series, vol 47. Springer, Boston, MA. https://doi.org/10.1007/0-387-23196-X_9

Download citation

Publish with us

Policies and ethics

Search

Navigation