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To: Zeuspaul who wrote (87613)	2/17/2001 10:31:09 PM
From: Sweet Ol	Read Replies (2) \| Respond to of 95453

Zues, We have market prices and they are much lower than CA market prices, but higher than your controlled prices. We have no shortages of juice or NG. But then we are just a bunch of dumb Okies who sent our best people to CA during the dust bowl<VBG>. The point is, market pricing can work. But the Utes have to have long term contracts for most of their supply and you can't have unreasonable restrictions against infrastructure. Best to all, John

To: Zeuspaul who wrote (87613)	2/17/2001 10:48:05 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

"As far as I know the plants that have exceeded their pollution credits have been authorized to run although I believe they have to contribute some $ to the pollution kiddy." It is true that they have been allowed to run AFTER the blackouts, and in some cases been told to run. They have to pay the fines for running, which are hefty. Pretty hard to justify running an old inefficient plant when your input fuels are at sky high prices, your output prices are fixed at well below national market prices, and you have to pay a daily hefty fine as well. "Current supply outages are running 250 percent above historic averages. I believe this figure refers to routine maintenance outages by the power producers. " I partially agree, but 55% of the plants in California are over 20 years old, and require substantial maintenance. Here is an interesting fact from the LADWP about 1/3 of their capacity being in maintenance: biz.yahoo.com "DWP has 24 major thermal generating units at eight facilities. Today, sixteen units are operating including eight of ten base load units. Of the eight units not operating, four units have scheduled major maintenance activities underway; two units are undergoing minor maintenance; and the remaining two units are available for use, as the market requires. " "If demand is 50 percent of capacity and there are blackouts then IMO John Q Public in California is justified in assuming there isn't a shortage of juice." I copyrighted that name! You will be hearing from my attornies! :-p