Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Zeuspaul who wrote (87551)	2/17/2001 2:09:52 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

"I recall tripling the price of juice in San Diego resulted in energy reductions of about ten percent" That is exactly the point. 10% is the difference between no alerts and stage 3 rolling blackouts. San Diego reduced usage because the prices paid went up. Instead of doing that in the rest of the state the government is pleading for folks to conserve. Reports are that it isn't working. They need to unfreeze prices. Don't they normally export power out of the state now and import it in the summer? They have sucked the regions hydro capacity dry this winter. What's going to happen next summer when they go to import non-existant power from states and producers they have REALLY ticked off in the last few months? Regarding demand, I suspect most of it is coming from the San Francisco area (Santa Clara, San Jose, Mountainview, etc), where there are many large internet server farms. That is probably where the bulk of California's electricity demand growth is occurring. The average Californian wouldn't see it but it is there nonetheless.