California Power Facing Biggest Test ...

California Power Facing Biggest Test Since Enron: Energy Markets

There are 1 comment on the Bloomberg story from Apr 20, 2013, titled California Power Facing Biggest Test Since Enron: Energy Markets. In it, Bloomberg reports that:

California may face the biggest regional power shortages in more than a decade this summer, sending wholesale prices higher, as idled nuclear reactors and low hydroelectric output cut generating capacity.

Join the discussion below, or Read more at Bloomberg.

Solarman

Indio, CA

#1 Apr 20, 2013
"These regulations will reduce California’s reserve margins from 40 percent this year to about half of that by 2020 and shift supplies to more variable sources such as wind and solar that depend on the weather, said Dumoulin-Smith."

"“This summer if there is an issue, it would highlight those structural problems because you are going to lose capacity,” he said."

Moral of the story, manipulation of the power supply by creating outages by taking plants offline for "unscheduled" maintenance is illegal. But regulating plants offline that could cause the same problems ENRON did in 2000-1 is O.K.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Oil & Gas Discussions

Title Updated Last By Comments
News Japanese solar firm to take on Tesla in roof ti... Dec 12 Solarman 1
Which Gasoline Companies Do Not Use Ethanol? (Aug '07) Dec 12 old green 543
Oilcoin Dec 8 Mwcbg 1
Dr. Daniel Fine on Oil and Gas: Prices and supp... Nov 29 Robert johns 1
News TranCanada donates $200K to rink expansion project (Nov '12) Nov 27 what they do 2 ot... 13
News Oil business seen in strong position as Trump t... (Jan '17) Nov 19 C Kersey 21
News Statement on TransCanada Oil Spill on Keystone ... Nov 17 anonz 2
More from around the web