This state is in danger of being manipulated into another serious energy crunch.
This was classic market manipulation, enabled by California’s 1998 electricity deregulation law, which encouraged regional movements of electricity across state lines. Now a new report commissioned by California’s Legislature — ever a sucker for multistate regional schemes — amazingly claims a return to something similar would actually prevent blackouts in California as this state transitions to more and more use of renewable energy drawn from wind, solar and hydroelectric sources.
That’s why Oklahoma’s Williams Companies got involved 23 years ago. It’s why Enron saw multiple executives convicted in Houston and jailed after major trials. It’s why executives of those firms openly laughed about “robbing grandmas in California.” Ideas bearing the word “regional” are often popular because of the notion that bigger is better. However, regional electricity transmission organizations manage multistate movements of power mostly to benefit the companies that own the power lines.
Of course, this state officially recognizes the transition to all-renewables may create problems for awhile. That’s why it’s letting PG&E’s Diablo Canyon Nuclear Power Plant operate at least five years beyond its previously scheduled closing date and keeping open outdated natural gas-fired generating stations for use when power consumption is highest.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Elias Pettersson's 2 goals lifts Canucks over Blackhawks 4-2The Blackhawks celebrated Pride night, honoring the city's gay community, without the rainbow-colored Pride night warmup jerseys nor colored stick tape used in previous seasons. On Thursday, the team announced they wouldn't wear them, citing an anti-gay Kremlin law signed by Russian President Vladimir Putin in December that could imperil Russian athletes when they return home.
Weiterlesen »
Russians reluctantly embrace Chinese cars after Western brands depart - AutoblogWith Western sanctions removing European, Japanese and American cars from the country, Chinese brands have moved it.
Weiterlesen »
NBA playoffs: Western Conference standings, tiebreakers as Mavs fight for postseason pushThe Mavericks are in a battle to secure a spot among the Western Conference’s top six automatic playoff qualifiers.
Weiterlesen »
Sunnyvale couple ask what could have been done to help Western fence lizardWhen a lizard takes up residence in a garage, it doesn’t go well, despite everyone’s best efforts. What more could have been done?
Weiterlesen »