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Pastimes : The California Energy Crisis - Information & Forum
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To: Raymond Duray who wrote (1129)2/26/2002 9:27:33 PM
From: DavesM  Read Replies (1) of 1715
 
Ray,

The fact is the Electric Energy Crisis became a hot issue in December 2000-after the election. When the truth is, that prices were very high, most of the summer and fall of 2000. I heard an brokerage utility analyst mention that he estimated the CA utilities were losing a $Billion a week (the summer of 2000). There were probably a dozen times when the ISO initiated power shedding protocols, the summer and fall (of 2000), yet were there loud PUBLIC calls for conservation the summer of 2000? Did you hear anything about a power crisis during the Democratic Convention in Los Angeles? Did the Legislature do anything to change the obvious flaws in the Deregulaton Plan they approved a few years earlier? When did the PUC raise prices to lower demand? When did the California Energy Commission speed up the approval for siting Power Plants? When did Chairman Hoecker of the FERC place firm price caps on electric power prices? Did the BPA or LADWP charge CA less for power, than Enron or Duke?

If you have a fire, whether or not it is arson, you put it out. In CA everyone was sitting around waiting for someone else to put out the (electric power) fire. So nothing happened, until the Governor was forced to declare a state of emergency.
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