SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scumbria who wrote (146848)5/21/2001 7:31:05 PM
From: Gordon A. Langston  Read Replies (2) of 769670
 
Our fine Secretary of Energy said today that "California hasn't brought any new supply into place in 10 years".
I'm wondering if it is OK for Cabinet officials to lie?


Not in essence a lie. About 1,095 megawatts (1/60th of the peak power needs) has been built and put on line in the 90's. This did little more than replace the 931 megawatts from the Rancho Seco Plant closed in 1989.

As late as 1998, the
California Energy Commission forecast annual growth of only 2.3 percent
through 2004. Actual 1999 growth was 8 percent and demand in Silicon
Valley
rose 12 percent in 2000 -- the fastest rate in the nation. No plausible
explanation except the Net exists.



And so, as the summer of 2000 approached, California found itself
woefully short of power. The last plant added to the grid was Campbell
Soup's 158 megawatts of co-generation in 1994. By the spring,
month-to-month peak usages were up 21 percent over 1999. In April, the
utilities begged the Public Utilities Commission to eliminate prudency
reviews and open the door to long-term contracts. Unnerved, the PUC
finally relented. But Democrats in the state legislature -- still paranoid about
the utilities' market power -- reversed the decision in the June Budget Act.

Now it looks like the power hungry Silicon Valley was responsible and to think they voted for Gore 2 to 1. If his ideas prevailed they'd be BBQ'ing by candlelight and the spas would be frog ponds.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext