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Article #664Re: Greens say wind power kills birds
From: Merlin Dorfman
Date: Sun, 10 Jun 2001 22:55
Date: Sun, 10 Jun 2001 22:55
26 lines
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2565 bytes
Jeffrey Siegal (jbs@quiotix.com) wrote:
: Merlin Dorfman wrote:
: > The outlook for the power market in California was
: > "uncertain" after deregulation
: It was allegedly uncertain *before* deregulation. After deregulation is
: when the plants started getting built.
The outlook was very "certain" until the propsals for
deregulation started to get some attention. From then until
a couple of years after the law was passed, the outlook was
very uncertain. Once things settled down, utilities figured
it was worth while to think about investing again.
But the point is that the reason no plants were built is
not that applications were turned down, or that utilities were
afraid applications would be turned down--it was a simple
matter of economic risk and return.
: In reality, it was fairly certainly that they wouldn't be allowed to
: generate a sufficient return to make the investment attractive This had
: been the case since the mid 1980's, long before deregulation was ever on
: the table.
Utility profits were quite comfortable during that period,
but the case was made that competition would enable both lower
prices and higher returns.
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 106ed4,33c7452f72f9b111 X-Google-Attributes: gid106ed4,public X-Google-Thread: fb9af,411295b64aba9b7e X-Google-Attributes: gidfb9af,public X-Google-Thread: fd714,1f7b9be050e990de X-Google-Attributes: gidfd714,public X-Google-Thread: 1141a2,411295b64aba9b7e X-Google-Attributes: gid1141a2,public X-Google-Thread: 10a942,e651d05d32dcacbe X-Google-Attributes: gid10a942,public X-Google-ArrivalTime: 2001-06-10 15:56:19 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!newsfeed.google.com!newsfeed.stanford.edu!newsfeed.berkeley.edu!ucberkeley!sfo2-feed1.news.digex.net!intermedia!feedwest.news.agis.net!us.telia.net!news.mainstreet.net!bug.rahul.net!samba.rahul.net!rahul.net!a2i!dorfman.a2i!dorfman From: Merlin Dorfman <dorfman@rahul.net> Newsgroups: talk.rumors,alt.politics,ca.general,alt.california,tx.politics Subject: Re: Greens say wind power kills birds Followup-To: talk.rumors,alt.politics,ca.general,alt.california,tx.politics Date: 10 Jun 2001 22:55:54 GMT Organization: a2i network Lines: 27 Message-ID: <9g0ttq$nu4$1@samba.rahul.net> References: <3B2321A1.266DCA4B@newsguy.com> <9077777777777777777777704kfg49@pezland.net> <9g050k$jbv$1@samba.rahul.net> <3B23D23A.AFFF290E@quiotix.com> NNTP-Posting-Host: waltz.rahul.net NNTP-Posting-User: dorfman X-Newsreader: TIN [version 1.2 PL2]