You don't get it, do you? At 11:50 PM -0800 12/24/00, Raymond D. Mereniuk wrote:
was created by un-expected demand in California. Another issue in this problem, as in this month and next, is low water levels in the northwest causing lower than expected power generating capacity.
Lost on your typically smug Canadian analysis has been any objective analysis of markets for power. Do you know, for example, that California as a state is a _net exporter_ of power to the Northwest and especially to Western Canada at certain times of the year? In the fall and winter, in fact, when hydroelectric generation rates in BC and Washington are reduced. In your kind of lingo, "British Columbia failed to build enough new plants." Markets are not simple. Prices rise, prices fall. To claim that California is now the primary cause of your higher heating costs, boo-hoo, is childishly naive.
If a power generating utility had built new power plants and commited to a fuel supply (and the accompanying infrastructure) the likelihood of unexpected prices increases would be much lower.
See above. Childishly naive. --Tim May -- Timothy C. May tcmay@got.net Corralitos, California Political: Co-founder Cypherpunks/crypto anarchy/Cyphernomicon Technical: physics/soft errors/Smalltalk/Squeak/agents/games/Go Personal: b.1951/UCSB/Intel '74-'86/retired/investor/motorcycles/guns