Earlier quoted context omitted.
If there are areas that we can't afford to safely provide power to, we shouldn't provide power to those areas anymore. This is course a bummer given the past effort to provide power to those areas, but maybe it's okay to acknowledge mistakes.
>If there are areas that we can't afford to safely provide power to, we shouldn't provide power to those areas anymore. Isn't that exactly what just happened and exactly what everyone's complaining about?
‘This Did Not Go Well’: Inside PG&E’s Blackout Control Room
91–100 of 291 posts
Re: ‘This Did Not Go Well’: Inside PG&E’s Blackout Control Room
#92What I strongly believe is being overlooked here is not the fact that their 'liability math' has changed but the fact that this is the result of regional utility monopolies. The entire energy sector are allowed to operate in these terrible ways because they have local governments supporting their terrible business models. Price of energy hasn't gone down because there is no actual competition. Without these large gov…
Re: ‘This Did Not Go Well’: Inside PG&E’s Blackout Control Room
#93Earlier quoted context omitted.
> ...or PGE will have to [...] which is not permitted under current PUC rules Sounds a lot like California being California to me...
Your "[...]" skips over the option where they have smaller immediate profits in exchange for securing the future of the company. Is that a bad option for some reason?
Companies have the option of shutting down operations and selling off their assets. PG&E presumably has a fleet of trucks and equipment, land rights etc., which were paid for with investors' money. If their profits fall below the level that could be achieved by selling off those assets and then investing the money at the market rate of return, it becomes profitable for raiders to come in and buy the company and do that with it, so the company has to stay more profitable than that in order to prevent that from happening.
Re: ‘This Did Not Go Well’: Inside PG&E’s Blackout Control Room
#94Earlier quoted context omitted.
My money is they get taken over by the state. Privatizing a utility was always a stupid move to begin with and they are finally proving it beyond any reasonable doubt. It's time we get to fixing all the damage Regan did to this country.
Private utilites work just fine in every other state. Maybe this just a California being California issue again. No need to throw the baby out with the bathwater...
We’ve done the privatize it all experiment even given evidence that services like Medicare can be run pretty cheaply, and, well, Kansas and Oklahoma.
I’d be curious to see if California could save rate payers money. My guess is the conventional finance wisdom about big government spending is more like fear mongering to protect special interests.
Re: ‘This Did Not Go Well’: Inside PG&E’s Blackout Control Room
#95Earlier quoted context omitted.
My money is they get taken over by the state. Privatizing a utility was always a stupid move to begin with and they are finally proving it beyond any reasonable doubt. It's time we get to fixing all the damage Regan did to this country.
My view is that transmission and distribution of electricity are natural monopolies and therefore should be government-owned. Generation however should be opened up to market mechanisms that find a price for power, reliability/dispatchability, and emissions.
Re: ‘This Did Not Go Well’: Inside PG&E’s Blackout Control Room
#96Natural monopolies should not be private.
At some point - and I suspect PG&E has reached this point but I'm not sure - a regulated monopoly is the same thing as a public utility. If you tell someone what they have to do, what they can charge and how much they can make then what's the distinction but that entity and part of the government?
Re: ‘This Did Not Go Well’: Inside PG&E’s Blackout Control Room
#97What I strongly believe is being overlooked here is not the fact that their 'liability math' has changed but the fact that this is the result of regional utility monopolies. The entire energy sector are allowed to operate in these terrible ways because they have local governments supporting their terrible business models. Price of energy hasn't gone down because there is no actual competition. Without these large gov…
Re: ‘This Did Not Go Well’: Inside PG&E’s Blackout Control Room
#98https://www.youtube.com/watch?v=x78XGElU2I0
https://www.chademo.com/technology/v2x/
https://insideevs.com/news/342354/charin-ccs-combo-standard-...
Re: ‘This Did Not Go Well’: Inside PG&E’s Blackout Control Room
#99What I strongly believe is being overlooked here is not the fact that their 'liability math' has changed but the fact that this is the result of regional utility monopolies. The entire energy sector are allowed to operate in these terrible ways because they have local governments supporting their terrible business models. Price of energy hasn't gone down because there is no actual competition. Without these large gov…
Are electric utilities really that bad? For a relatively tiny amount of money, you get the equivalent energy of dozens of slaves on bicycles that react instantly to your needs for 99.9% of your life.
Re: ‘This Did Not Go Well’: Inside PG&E’s Blackout Control Room
#100What I strongly believe is being overlooked here is not the fact that their 'liability math' has changed but the fact that this is the result of regional utility monopolies. The entire energy sector are allowed to operate in these terrible ways because they have local governments supporting their terrible business models. Price of energy hasn't gone down because there is no actual competition. Without these large gov…
What blackout are you talking about in Atlanta? I'm from Atlanta and the only one that comes to mind is in 2017 the airport lost power due to an underground fire. But that was specifically the wiring of the airport and not due to utility negligence