Shaping Electricity Policy in the Midwest (Midwest Infrastructure Issue)
Despite the challenges raised by the California energy crisis and the bankruptcy of Enron, efforts continue to increase competition and restructuring in electricity markets. Of the five states in the Seventh District, Illinois and Michigan have been aggressively pursuing restructuring, while Iowa, Indiana and Wisconsin have adopted a more cautious approach. A recent Chicago Fed conference brought policymakers and industry leaders together to discuss the status and prospects of electricity policy in the region.
