Blackouts Loom In California As Electricity Prices Are “Absolutely Exploding”

Walt said:
Very few people would consider a yearly rise of 7.5% to be exploding.



I do not live in California, nor do I have anything directly to do with power plants. I will say the blackout problems much of the USA has is because of poor infrastructure modernization, but that is more the power grid than the power plants. That has hit Texas hard, but may hit California too.



States like Texas are in a lot of economic trouble. It would be disaster for them if they lost exports. California is flush these days, so there are a lot of people lining up to export to them.

So go ahead, have yourself a good cry. When you feel better, come back and talk.
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Don't kid yourself oil prices are going up because of Biden that actually is good for Texas. But don't expect a lot of gas exports with fracking going down because of Biden though.
 
ExpressLane said:
Don't kid yourself oil prices are going up because of Biden that actually is good for Texas. But don't expect a lot of gas exports with fracking going down because of Biden though.
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Oil prices having plummeted killed the Texas economy. Now investors are afraid to invest, so Texas is not recovering. Texas oil prices went negative. That means the Texas economy has to wait until investors forget that hard to forget fact.

Go to Midway/Odessa, there is no recovery there.

Blame Biden all you want, this mess predates him by a year.
 
Into the Night said:
They don't have the power to run it! The SOTC is already broke! So is the SODC. Yet another monument to Senator Boondoggle and his program of government waste.
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But I hear California has the world's 6th largest economy, a budget surplus, and a "booming Biden economy".
 
Legion said:
But I hear California has the world's 6th largest economy, a budget surplus, and a "booming Biden economy".
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It's dying, and quickly. Orchards, farms, and ranches are dead...abandoned. Companies are moving out. People are moving out if they can. In the cities, it's open shitting in the streets, open looting of stores and not one to stop them, diseases increasing like cholera and plague, untreated sewage washing into the nearby waterways, crime everywhere, and drugs everywhere.

Biden's and Pelosi's booming economy.
 
Into the Night said:
It's dying, and quickly. Orchards, farms, and ranches are dead...abandoned. Companies are moving out. People are moving out if they can. In the cities, it's open shitting in the streets, open looting of stores and not one to stop them, diseases increasing like cholera and plague, untreated sewage washing into the nearby waterways, crime everywhere, and drugs everywhere. Biden's and Pelosi's booming economy.
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How will their agribusinesses survive without water?
 
volsrock said:
Two inexorable energy trends are underway in California: soaring electricity prices and ever-worsening reliability – and both trends bode ill for the state’s low- and middle-income consumers.

Last week, the state’s grid operator, the California Independent System Operator, issued a “flex alert” that asked the state’s consumers to reduce their power use “to reduce stress on the grid and avoid power outages.”

CAISO’s warning of impending electricity shortages heralds another blackout-riddled summer at the same time California’s electricity prices are skyrocketing.

In 2020, California’s electricity prices jumped by 7.5%, making it the biggest price increase of any state in the country last year and nearly seven times the increase that was seen in the United States as a whole. According to data from the Energy Information Administration, the all-sector price of electricity in California last year jumped to 18.15 cents per kilowatt-hour, which means that Californians are now paying about 70% more for their electricity than the U.S. average all-sector rate of 10.66 cents per kWh. Even more worrisome: California’s electricity rates are expected to soar over the next decade. (More on that in a moment.)

https://www.nationandstate.com/2021...-electricity-prices-are-absolutely-exploding/


What were Libs saying about Texas?
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YES ANOTHER FINE DEMO STATE , PARADISE FOR DEMOCRATS ILLEGALS AND SOCIALIST
 
I have 30 solar panels, a Honda 7000 is inverter gen, a large garden, 8 urban chickens, 10 gallons of gas, two hand weapons, and a Prius.

I'm green as all getout and blackout or treason ready, as the case may be. :)



 
Micawber said:
I have fully paid for solar on my California mansion. The other house I rent out and some other slob has to pay for it. :dunno: God bless Biden's America! :cheer:
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You already amply proved that you're an arrogant selfish twat, no further proof is necessary.
 
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volsrock said:
Californians are now paying about 70% more for their electricity than the U.S. average

And it’s going up?

Wait till they get 80 million electric cars sucking on the grid.
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They can pay for it with the money they save on gas, dumbass.

And still save money.
 

Hey capitalists! Look at that highly educated guy in skinny jeans working at GOOGLE with the fat ass wallet, let's charge him the same as we would a JPP CLOWN in Memphis TN who shoves a hotdog cart around.

:cruisewhat:
 
volsrock said:
Two inexorable energy trends are underway in California: soaring electricity prices and ever-worsening reliability – and both trends bode ill for the state’s low- and middle-income consumers.

Last week, the state’s grid operator, the California Independent System Operator, issued a “flex alert” that asked the state’s consumers to reduce their power use “to reduce stress on the grid and avoid power outages.”

CAISO’s warning of impending electricity shortages heralds another blackout-riddled summer at the same time California’s electricity prices are skyrocketing.

In 2020, California’s electricity prices jumped by 7.5%, making it the biggest price increase of any state in the country last year and nearly seven times the increase that was seen in the United States as a whole. According to data from the Energy Information Administration, the all-sector price of electricity in California last year jumped to 18.15 cents per kilowatt-hour, which means that Californians are now paying about 70% more for their electricity than the U.S. average all-sector rate of 10.66 cents per kWh. Even more worrisome: California’s electricity rates are expected to soar over the next decade. (More on that in a moment.)

https://www.nationandstate.com/2021...-electricity-prices-are-absolutely-exploding/


What were Libs saying about Texas?
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Blame it on Pig, Greedy & Evil that I suspect caused the 1991 East Bay Hills fire as a result of neglect, incompetence and a deliberate act of putting the well being of society at the bottom versus profits, and along with other explosions. Additionally and especially the 2010 explosion in San Bruno, CA. Yet to project the blame on others in order to keep those American greedy pockets lined and their greedy shareholders happy too, aside from the ones who made it to the cemetery and possibly internal damnation on their soul, etc to longer have the pleasure at sharing in the corrupt filthy money. Corruption galore. Yet as of now, no one is in prison behind this atrocity and its corruption galore business as usual as a result of the mighty Pig, Greedy and Evil having a monopoly there. I wonder how would it feel being a sitting duck resident in Calif with the corrupt power lines and overhead power grids waiting to meet those hot and dry Santa Ana winds to clip a tree and exploded in to fire storm, instead of underground where they should be, and waiting to cause another explosion at burning everything up in surrounding areas. Yet what does a peon's opinion matter in these other corrupt matters of the bigshots who are running things, many of whom are repukes at also being one step from the beyond on their dirty and corrupt body and souls. Who deregulated electricity in California as in let the facts speak, and as it appears repukes and blue dog democrats were in it together:

New regulations
In the mid-1990s, under Republican Governor Pete Wilson, California began changing the electricity industry. Democratic State Senator Steve Peace was the Chairman of the Senate Committee on Energy at the time and is often credited as "the father of deregulation".[19] The author of the bill was Senator Jim Brulte, a Republican from Rancho Cucamonga.[20] Wilson admitted publicly that defects in the deregulation system would need fixing by "the next governor".


PG&E electric meter on Angel Island.
The new rules called for the Investor Owned Utilities, or IOUs, (primarily Pacific Gas and Electric, Southern California Edison, and San Diego Gas and Electric) to sell off a significant part of their electricity generation to wholly private, unregulated companies such as AES, Reliant, and Enron. The buyers of those power plants then became the wholesalers from which the IOUs needed to buy the electricity that they used to own themselves.[citation needed]

While the selling of power plants to private companies was labeled "deregulation", in fact Steve Peace and the California legislature expected that there would be regulation by FERC which would prevent manipulation. FERC's job, in theory, is to regulate and enforce federal law, preventing market manipulation and price manipulation of energy markets. When called upon to regulate the out-of-state privateers which were clearly manipulating the California energy market, FERC hardly reacted at all and did not take serious action against Enron, Reliant, or any other privateers. FERC's resources are in fact quite sparse in comparison to their entrusted task of policing the energy market. Lobbying by private companies may also have slowed down regulation and enforcement.[citation needed]:

Here is the citation:

Who deregulated electricity in California?
Senator Steve Peace
New regulations

In the mid-1990s, under Republican Governor Pete Wilson, California began changing the electricity industry. Democratic State Senator Steve Peace was the Chairman of the Senate Committee on Energy at the time and is often credited as "the father of deregulation".

2000–01 California electricity crisis - Wikipedia
https://en.wikipedia.org/wiki/2000–01_California_electricity_crisis
 
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Walt said:
Oil prices having plummeted killed the Texas economy. Now investors are afraid to invest, so Texas is not recovering. Texas oil prices went negative. That means the Texas economy has to wait until investors forget that hard to forget fact.

Go to Midway/Odessa, there is no recovery there.

Blame Biden all you want, this mess predates him by a year.
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This thread is not about Texas, stupid...
 
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