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Article #2299Re: Power execs blame gas prices and environment regs forhighelectricity costs
From: GeneK
Date: Wed, 17 Jan 2001 22:30
Date: Wed, 17 Jan 2001 22:30
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2197 bytes
John Higdon <no-spam@RadioMonopoly.com> wrote... > But their prices go even higher when there is a shortage. Electrical > generating companies are richly rewarded for creating a shortfall. It only > makes sense to do that which generates the highest return. (No pun > intended.) It's a matter of timing. If *you* shut your generating plant down for maintenance, either because it needs it or because the price of fuel has risen so much that you figure you can make more by reselling your supplies than by burning them, and the result of that is the price of electricity goes through the roof, then if *I* was planning to shut mine down too, I can suddenly make a lot more by keeping it going instead, at least until you restart yours. This is especially true if my plant doesn't happen to run on whatever fuel has suddenly risen in price.
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 106ed4,60de1b05ab3a48db X-Google-Attributes: gid106ed4,public X-Google-Thread: 107e5d,60de1b05ab3a48db X-Google-Attributes: gid107e5d,public X-Google-Thread: 102fd5,60de1b05ab3a48db X-Google-Attributes: gid102fd5,public X-Google-Thread: f824f,60de1b05ab3a48db X-Google-Attributes: gidf824f,public X-Google-ArrivalTime: 2001-01-17 14:26:54 PST Path: arc1-ca.pugleaf.net!supernews.google.com!sn-xit-02!sn-post-02!sn-post-01!supernews.com!corp.supernews.com!not-for-mail From: "GeneK" <gene@genek_hates_spammers.com> Newsgroups: sci.energy,ba.general,ca.general,ba.politics Subject: Re: Power execs blame gas prices and environment regs forhighelectricity costs Date: Wed, 17 Jan 2001 14:30:24 -0800 Organization: Posted via Supernews, http://www.supernews.com Message-ID: <t6c71d3nhaefc@corp.supernews.com> References: <3A6583AC.5D68B762@quiotix.com> <B68B2337.3100D%no-spam@RadioMonopoly.com> <t6c11gppjjo490@corp.supernews.com> <B68B4BA1.31063%no-spam@RadioMonopoly.com> MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit X-Priority: 3 X-MSMail-Priority: Normal X-Newsreader: Microsoft Outlook Express 5.00.2314.1300 X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2314.1300 X-Complaints-To: newsabuse@supernews.com Lines: 15