nanog mailing list archives
Re: Second day of rolling blackouts starts
From: "Steven M. Bellovin" <smb () research att com>
Date: Thu, 18 Jan 2001 16:57:06 -0500
In message <9DC8BBAD4FF100408FC7D18D1F092286039B05 () condor mhsc com>, Roeland Me yer writes:
The "gamble", as you put it, was changed significantly when deregulation moved the goal-posts. It was dependent on the utilities retaining control of generator costs. The de-regulators were supposed to cover that scenario. They didn't. If an indivudual tried this, with another individual, they call it extortion and the individual in queston would be rotting in jail. The salient fact is that the generators are threatening to bankrupt PG&E unless the state pays the extortion amount, by midnight. Does anyone have a clue what would happen if the state doesn't pay? Would the state have to step in and start operating PG&E? IMHO, if this isn't corrected, todays rolling blackouts will be trivial, compared to a total PG&E collapse of services.
If PG&E files for bankruptcy, control of the company passes to a federal judge. If you subscribe to the NY Times site, see http://www.nytimes.com/2001/01/18/national/18ENER.html Here's the first paragraph: LOS ANGELES, Jan. 17 - Politicians and power company executives have bickered for months about how best to solve California's energy problems, but ultimately it may come down to this: a bankruptcy court judge may be the only person with the authority to ask for the rate increases and cost cuts that a growing chorus of analysts say are necessary, but that nobody in the state has been able to agree upon. --Steve Bellovin, http://www.research.att.com/~smb
Current thread:
- RE: Second day of rolling blackouts starts, (continued)
- RE: Second day of rolling blackouts starts Lucy E. Lynch (Feb 24)
- RE: Second day of rolling blackouts starts Brian (Feb 24)
- RE: Second day of rolling blackouts starts Lloyd Taylor (Feb 24)
- RE: Second day of rolling blackouts starts Richard A. Steenbergen (Feb 24)
- RE: Second day of rolling blackouts starts Miles Fidelman (Feb 24)
- Re: Second day of rolling blackouts starts Jayson Agagnier (Feb 24)
- RE: Second day of rolling blackouts starts Miles Fidelman (Feb 24)
- RE: Second day of rolling blackouts starts Matthew Kaufman (Feb 24)
- RE: Second day of rolling blackouts starts Michael (Feb 24)
- RE: Second day of rolling blackouts starts Roeland Meyer (Feb 24)
- RE: Second day of rolling blackouts starts Sean Donelan (Feb 24)
- Re: Second day of rolling blackouts starts Steven M. Bellovin (Feb 24)
- RE: Second day of rolling blackouts starts Kavi, Prabhu (Feb 24)
- RE: Second day of rolling blackouts starts scott w (Feb 24)
- RE: Second day of rolling blackouts starts Roeland Meyer (Feb 24)
- RE: Second day of rolling blackouts starts Sean Donelan (Feb 24)
- RE: Second day of rolling blackouts starts James Harkins (Feb 24)
- Re: Second day of rolling blackouts starts Marshall Eubanks (Feb 24)
- Re: Second day of rolling blackouts starts John Fraizer (Feb 24)
- Re: Second day of rolling blackouts starts Marshall Eubanks (Feb 24)
- Re: Second day of rolling blackouts starts Hank Nussbacher (Feb 24)
- Re: Second day of rolling blackouts starts Jared Mauch (Feb 24)
- RE: Second day of rolling blackouts starts James Harkins (Feb 24)