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Article #110Re: Outsider viewpoint of CA power crisis
From: John Navas
Date: Tue, 22 May 2001 03:29
Date: Tue, 22 May 2001 03:29
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3021 bytes
[POSTED TO ba.general - REPLY ON USENET PLEASE] In <B72EEF9D.3DA22%no-spam@RadioMonopoly.com> on Mon, 21 May 2001 16:15:25 -0700, John Higdon <no-spam@RadioMonopoly.com> wrote: >in article 4veO6.207$sA6.10935@typhoon.sonic.net, John Navas wrote: > >> The problem with that logic is that sellers know the highest price you >> are willing to pay, which substantially reduces their motivation to bid >> lower prices. Because there are relatively few sellers with >> considerable market power, normal supply and demand doesn't necessarily >> apply. > >It certainly does during off-peak periods. There is plenty of loose power >during off-peak times and moderate-climate days. ... I don't share your confidence, but I hope you're right. >> The smart buyer never discloses to sellers the actual highest price the >> buyer is willing to pay. > >Does the Buyer's Cartel have to reveal today's "top price"? A supplier can >quote the rate and the cartel can say "no thanks". Only if the sellers get >together and talk amongst themselves about the rates being charged >(otherwise known as "collusion") would they even be able to figure out >today's cap. I think it would be pretty easy for buyers to "game" the market and figure out the cap. >Tomorrow's cap is a new ball game. I doubt that the "Buyer's Cartel" would be able to manage a changing cap. Political realities and all that sort of thing. -- Best regards, John Navas <http://navasgrp.home.att.net/>
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 107d03,af5e5edc3039a6a2 X-Google-Attributes: gid107d03,public X-Google-Thread: 10b619,af5e5edc3039a6a2 X-Google-Attributes: gid10b619,public X-Google-Thread: f824f,af5e5edc3039a6a2 X-Google-Attributes: gidf824f,public X-Google-ArrivalTime: 2001-05-21 20:29:15 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!newsfeed.google.com!newsfeed.stanford.edu!news-spur1.maxwell.syr.edu!news.maxwell.syr.edu!newsfeed.skycache.com!Cidera!typhoon.sonic.net!not-for-mail From: John Navas <spamfilter@navasgrp.dublin.ca.us> Newsgroups: sdnet.general,ba.general,la.general Subject: Re: Outsider viewpoint of CA power crisis Organization: The Navas Group, Dublin, CA, USA References: <9e1rc7$gdj$1@slb1.atl.mindspring.net> <9e1ues$bhp$1@agate.berkeley.edu> <3b048770$0$193$e2e8da3@nntp.cts.com> <C_%M6.206$1R4.7766@typhoon.sonic.net> <B729FCC4.3D626%no-spam@RadioMonopoly.com> <rG8O6.150$sA6.9814@typhoon.sonic.net> <B72E9045.3D9C6%no-spam@RadioMonopoly.com> <4veO6.207$sA6.10935@typhoon.sonic.net> <B72EEF9D.3DA22%no-spam@RadioMonopoly.com> X-Newsreader: Forte Agent 1.8/32.548 MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Lines: 38 Message-ID: <f2lO6.15$r61.1798@typhoon.sonic.net> Date: Tue, 22 May 2001 03:29:15 GMT NNTP-Posting-Host: 209.204.185.87 X-Complaints-To: abuse@sonic.net X-Trace: typhoon.sonic.net 990502155 209.204.185.87 (Mon, 21 May 2001 20:29:15 PDT) NNTP-Posting-Date: Mon, 21 May 2001 20:29:15 PDT