Re: Outsider viewpoint of CA power crisis

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#116

From: John Navas
Date: Mon, 21 May 2001 15:25

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In <9eb9c8$hb7$1@megami.org> on 21 May 2001 07:40:08 -0700,
linley@megami.org (Bruce Linley) wrote:

>In ye olden post John Navas <spamfilter@navasgrp.dublin.ca.us> spake...

>>I think it quite possible that prices will settle in at the cap, the
>>most we are willing to pay.  The danger is that our total cost might
>>well go up if the cap is set too high, and that it might not be worth
>>the damage to the economy if the cap is set too low, a tough balancing
>>act indeed.
>
>How about allowing electric power to be bought and sold on the stock
>market like gold, silver, platinum, oil, etc? Ditto selling water on
>the open market.

The most obvious problem is transportation/distribution -- power
purchased in (say) Maine isn't terribly useful in California.  Hence the
push to create a regional market, which was actually the intention of
so-called deregulation.

-- 
Best regards,
John Navas     <http://navasgrp.home.att.net/>

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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
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