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Pastimes : The California Energy Crisis - Information & Forum
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To: Patricia Trinchero who wrote (181)4/2/2001 6:03:23 PM
From: DavesM  Read Replies (1) of 1715
 
Patricia,

re: "I would support the Ca. Governor's use of "eminent domain" to regain control of our power sources. We need to take back all the power plants that were sold to private industry after sham deregulation law was passed. Let Enron, Duke, nd the rest of the crooks pick on the other states..."

Price controls are a terrible idea, there is a shortage of electrical production for the entire region. Snow pack in the Sierra Nevada is way below normal meaning the hydroelectric production of in State is going to be below normal. Snow Pack in the Northwest is also way below normal meaning that Hydroelectric production from Oregon and Washington are also going to below normal. Last summer CA was able to avoid Stage 3 alerts in a large part from imported power from hydroelectric plants in the northwest. These plants may not have surplus power to send CA this summer. How can price caps effect these realities?

If the State were to take over the plants, then what? Most of the fuel is imported from out of state (in pipelines owned by Enron, Williams and El Paso). Most of the merchants have long term contracts for gas or own the gas fields outright, what is the State going to do? The State of CA can't really use eminent domain to take over gas fields in Colorado or Alberta or pipeline in Arizona. When its all said and done the state would have spent billions and billions, and not a single megawatt more would be produced. Even worse, the state would be spending the money on transmission lines 40-50 years old and generation plants 30-40 years old.
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