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.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (7441)8/20/2001 6:05:01 AM
From: Moominoid  Respond to of 74559
 
You have to include the environmental costs of producing and dsitributing the dish-washers. Complete life-cycle analysis.



To: Maurice Winn who wrote (7441)8/20/2001 8:53:03 AM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
>>I bet CB didn't realize how much harm is done by her hand-washing and how complicated it is.<<

Mq, you're a hoot, but I am glad we had this conversation/debate. I found a "calculator" for electricity use and started checking how much electricity the appliances use, and found out that the HEPA filter in my bedroom uses 9% of our monthly electricity. Eeeek! I turned it off and will vacuum more often.-g-

torontohydro.com



To: Maurice Winn who wrote (7441)8/21/2001 2:14:10 AM
From: portage  Read Replies (2) | Respond to of 74559
 
>>In California, if prices had been allowed to rise to what the market would bear, there would not have been blackouts, production would have been saved and people would be happier.

Nah, Maurice, not so. People would have been very unhappy as home utility bills leaped upwards to $600 + per month and businesses shut their doors because they wouldn't have been able to pay their energy bills.

The "market" here was perverted in an altogether different way - by enabling spot market pricing to set the rates for all providers at the highest bid for the last incremental unit, providers with multiple generators were incented to take some of them off line to create artificial shortages that allowed extreme gamed prices to apply on their other generating units. The "shortage" was one of artificial supply reductions, not demand exceeding the normally available supply. Up to one-third of supply was off-line during this period of regulatory hands-off, and this was 300% higher than any other levels of outages during the prior three years. This caused the stage I-III emergencies and subsequent price gaming, during seasons of typically moderate energy use, where demand was actually 30-35% below normally available supply.

Since prices have been capped, these tricks no longer work, and we're not seeing the artificial outages. The only risk of real shortages at this time comes with extreme heat statewide, or failure of key infrastructure components. There have been no blackouts since the caps were imposed. The maximum rates are not capped below cost - just below the obscene windfall wholesale rates charged during the gaming. This was the necessary short term solution to the gouging. Long run, it will be more complicated.