Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: JHP who wrote (102272)	5/15/2001 11:26:47 AM
From: flatsville	Read Replies (2) of 436258

>>>Because of limited high-voltage transmission line capacity, particularly during periods of high demand, grid managers are forced to buy most power used in the region from Sithe and PG&E, who control more than 85 percent of local generation.<<< Ooops...that pesky other half of the supply equation. >>>Peak power demand in the affected region can reach 5,200 megawatts, but only 3,200 megawatts can be transferred from other regions, NStar said. That leaves customers beholden to paying prices Sithe and PG&E demand, NStar claims. ''The two largest generators [have] a market share that is unambiguously anticompetitive,'' NStar said in a filing by Washington attorney Stephen L. Teichler of Duane, Morris & Heckscher LLP. ''With only two firms controlling over 85 percent of the available resources, the potential for oligopolistic behavior is irresistible,'' the filing said.<<< Yep, plenty of generation. Just can't move it down the line. And of course those two companies couldn't possibly be taking advantage of the situation. Those 15-85% increases in rates have just got to be connected to the price of ng and oil. I have a bridge...

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