Electricity and the Midwest: A Survey of Conditions and Issues
Not since the days of the Carter administration have electricity issues and energy markets received such intense national attention. Special energy task forces have sprouted up at all levels of government in response to fears of electricity shortages and high prices. In this Chicago Fed Letter, I take a look at conditions for electricity provision in the Seventh District states. As the survey demonstrates, while the situation in the Midwest is far more secure than in California, the region still faces some significant choices if it is going to provide for its electricity future.