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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (87021)	12/16/2000 9:27:39 PM
From: yard_man	Respond to of 132070

Many of the hydro projects are federally owned ... Folks like us in the midwest are really glad about california ... it may slow the federal impetus for changes here that really aren't needed. We already have a good wholesale power market. A forced "re-organization" of the players or a centralized dispatch will not save anyone money, especially not residential customers. It is the uncertainty that came from the "winds" of deregulation that have caused the shortages we've seen locally; the price spikes here are due to IOUs and other players pulling back from investments that might be taken away from them in one way or another -- especially true of the dearth of investment in needed transmission. What has happened in the UK should be a lesson to us here. They had a national pool and an "independent" system operator. They are now re-de-regulating and moving to a system with bi-lateral agreements being the norm.