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.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Amy J who wrote (125315)1/17/2001 8:26:16 PM
From: willcousa  Respond to of 186894
 
I think the government already helped them by driving them bankrupt.



To: Amy J who wrote (125315)1/17/2001 9:01:28 PM
From: Joe NYC  Respond to of 186894
 
Amy,

That sounds like Rumania under Ceaucescu. You have to remember that people get the government they deserve. What you have is what you deserve, look at it that way.

Joe



To: Amy J who wrote (125315)1/17/2001 10:25:23 PM
From: Dave B  Respond to of 186894
 
Amy,

PG&E decided to "save" electricity in Silicon Valley by randomly cutting power

I was caught in the black-out from noon until about 1:30. I went to lunch and according to KCBS, it's not PG&E that makes the decision, it's some independent organization ("ISO" which was Independent-something). They were the ones who told PG&E to cut the power as reserves dropped below 1.5% (whatever the hell that means). The black-out is based on your "block" (not a city block) and blocks appear to not be contiguous, but rather seem to appear as little pockets here and there. Four blocks away from us the power was on.

Not trying to make any excuses; I was just surprised when they talked about the independent agency that controls when the power goes out.

Dave



To: Amy J who wrote (125315)1/17/2001 10:30:14 PM
From: rx4pain  Read Replies (3) | Respond to of 186894
 
Amy J, What would your company have paid during that brown out for a killowatt?

They expect everyone in California to pay. Regulation prevented the buildout necessary to supply electrical demand. It has finally caught up. Think of all the people who have worked at those electrical companies for years, and their company stock is soon to be worth -ZERO-. Not because of what they have done. Because of bureaucrats folding to special interest groups, with poor foresight.

Today was just the first day. Think of the street lights out and auto accidents. Think of hospitals with no power. Your company may have taken a hit in productivity, how many will lose their lives?
Rx



To: Amy J who wrote (125315)1/18/2001 8:28:09 AM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
Amy, RE: What is so difficult about raising rates, getting more efficient, and planning for growth?


Seems simple, doesn't it?

Unfortunately, these solutions are not compatible with the CA state government. This wouldn't matter if California deregulated power completely, but they didn't. It is quite apparent to me that the California state government does not trust free markets, and it is to your detriment.

If full deregulation ever happens in California, then your seemingly simple solution would probably happen.