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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: portage who wrote (64208)	2/2/2001 11:57:46 AM
From: yard_man	Respond to of 436258

>>the uncertainty caused by the specter of the coming Deregulation system ITSELF caused the private sector to decide not to invest in new plants<< That is certainly true! And you are right that environmentalists can be a favorite target, however, permitting procedures out there are onerous. Either they need to make the public policy decision to encourage conservation through appropriate price signals -- something I think the public is not behind -- but I could be wrong OR stop putting ridiculous delays in the process ... Are marketers gaming this thing? You bet ... The spectre of dereg is a large part of it -- you can't blame the utlities for deferring investments whose profitability was up in the air I have a hard time buying that the huge increase in demand simply "came out of nowhere." Possible, I suppose, but highly unlikely since these types of studies tend to extrapolate near term growth patterns -- which rates have been very high for years (even before the bill was signed)... The characterization of Wilson may or may not be correct -- it is plausible. Again, I think he is incidental. Legislature is largely to blame and the system whereby legislation is crafted this way in the first place -- I think the characterization of the way the bill got done -- i.e. the utilities being in the driver's seat is probably correct. That's the source of the short term mess ... But going back to what I've said before: How can generation be competitive and transmission remain a monopoly? Such a model is fundamentally flawed -- there can be no proper allocation of capital by the markets between generation and transmission. At the root -- it is the simple-minded thinking of a bunch of pointy-headed economists that got the whole thing started -- not understanding electric gen and trans. The Enrons, Reliants and Dukes jumped on when they saw the opportunity for blood ... but maybe they were a little dumb here killing the goose? Regulation is better until someone can find out how to make the whole thing competitive. Until they can all I can say is Good Luck!!

To: portage who wrote (64208)	2/2/2001 12:38:48 PM
From: flatsville	Respond to of 436258

Go portage!!!...Tell it like it is!!! Re: Wilson "The governor [Wilson] . . . wanted to be elected president . . . wanted to make a big splash that would get him attention and also help him raise money." Didn't work out so well for him $$$ wise did it? He gave them a license to fleece, wittingly or unwittingly, and it got him nowhere...a villified visionary. Yep, Chief Clown in charge of the circus who even now can't recognize that the BIG TOP is burning down.