The problem in California was blamed on a lot of things, but the real cause was that the state legislature set an upper limit on the retail price of electricity that turned out in some cases to be lower than the cost of producing it.
-- Regards, Doug Miller (alphageek-at-milmac-dot-com)
Yes, yes, Enron and it's ilk had absoltively nuuu-thing to do with it.
Perhaps you put your politics in a "safe" place for a bit, and maybe read the rest of the story.
The problem in the NE hasn't been figured out yet as they're not sure why it cascaded like it did, extending to NY and around the "loop" (last I read). But, one major problem (aside for reason behind above) is a lack of transmission lines (among a host of others). Seems no one wants to pay for them cause they're not large revenue generators or sumptin'.
Renata
Hah! That's essentially what premier Ernie Eves has done in Ontario. First he deregulated Ontario hydro and then he's fixed the electricity rate at a money losing level. His provincial government is subsidising it at an unrealistically low level which has to eventually be passed onto the tax payers. Give to the taxpayers in one form and take more out of their pocket in another form; gullible lot the taxpayers are.
Not that you care much for reality, but only _production_ has been deregulated. Transmission is still heavily regulated, and PSCs have made it difficult to recoup repair costs, let alone expansion. The problem was a _transmission_ problem.
Though where could they expand? Try to get a right-of-way for energy transmission (or production) of any kind through the endless regulation and protests of people like Renata.
Where did I say anything about production?
I really think you oughta go join the team looking into this situation. You're obviously way ahead of them in terms of problem resolution.
Renata
Who said the initial reply was to your post?
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