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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ilaine who wrote (101967)5/14/2001 12:02:17 PM
From: Don Lloyd  Read Replies (1) of 436258
 
CB -

The word 'shortage' is meaningless unless it is associated with a price. It would take a surprisingly small increase in retail prices, especially if concentrated on peak usage, to drive the system into short term supply/demand balance without adding a watt of generating or transmission capacity.

Longer term, the presence of political risk will likely prevent any market-based solution from being feasible until the power grid becomes economically obsolete in the face of local generation technological solutions, assuming that they are not in their turn smothered by government attention.

Regards, Don
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