As Californians again experience rolling blackouts, and millions more are threatened with losing power, a warning that continues through Monday, Mr. Wolak said it was clear that “California policy makers completely forgot the lessons from the crisis…in their rush to go green.”
Once again, a big part of the problem is that California regulators have left the state dangerously exposed to buying large amounts of imported electricity on the spot market during peak periods on days when there is extreme energy demand—what Mr. Wolak likened to going to the airport on Thanksgiving and expecting to fly standby....