power to the internet

[mike at mtcc.com (Michael Thomas)]

On 12/25/19 6:16 PM, Michael Loftis wrote:
>
>
> Having lived through the blackouts that was entirely different. 90% 
> Enron manipulating the markets. There was plenty of capacity both in 
> transmission and generation, but Enron manipulated prices and apparent 
> supply to make money and screwed the whole state over. There was just 
> about 2x the generating capacity, no real shortage.
>
> This time itâ??s PG&E all alone, but still fallout from back then. Too 
> much liability and theyâ??ve not maintained the infrastructure and so 
> they decided that to reduce the liability costs itâ??s cheaper to 
> blackout. Same story again different colors. PG&E making a mint while 
> people get screwed (PG&E was mostly at the getting screwed end in 
> 2000-2001)
>

Yes, this is exactly right. My point here isn't to assign blame, but to 
ask what the hell we're going to do about it. Trying to score political 
points is disgusting.

Mike

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