California Energy - Blood in the Water: "If you believe in markets you can't blanch at the sight of victims." -Bill Eastlake, an economist with the Idaho Public Utilities Commission
Here are a few articles that I've found to be worth your time to read on the "crisis" is California. Sadly, about 5 salmon smolt have died so I can get this messsage out to you. Knee bone connected to the thigh bone.....
The above quote, summarizing the idiocy of unfettered, and mystifyingly stupidly
degulated markets is from this terrific summary of the stuation:
latimes.com
So, is the “crisis” in California a shell game? Sure looks like it, only the utility holding company structure is wrapped in veils of mystery and secrecy that the truth will only be told in a decade after the court cases are settled. And maybe not even then.
latimes.com
<Snip>Edison International collected $1.4 billion in excess corporate tax payments from its Southern California Edison utility arm and used the money to help fuel aggressive acquisitions by its other companies, the firm's chief executive acknowledged Friday……"It is another example of the ability of the utility to transfer, by stealth, funds up to the parent company," said Matthew Freedman of the Utility Reform Network in San Francisco. "This is effectively an undeclared transfer."
<End Snip>
And here is the telecom slant on all of this:
rhk.com
Here’s the salient snippet on the impact of the Brave New Internet World on power planning:
An important new element in some regions is the rapid growth of server farms at data centers, which host facilities for online commerce. With load characteristics of 10 to 30 megawatts, a server farm consumes energy at rates comparable with those of a steel mill or a semiconductor-chip plant. And a server farm can be installed and in business within 30 days, whereas a steel plant may take several years, allowing ample time for energy planning.
Happy Reading, Ray :) |
