Home
>
Political
>
Garbage in Garbage out; California Blackouts

Garbage in Garbage out; California Blackouts

Why did the California energy crisis happen? Who is to blame? How come deregulation was a financial disaster? Some of the data in the research did not predict what would happen, probably because research people are not; go for it, make it happen entrepreneurs. So their report was just 1000s of pages of incessant data about nothing and basically BS. It was much like a master thesis of a psychology, philosophy or work of a business student at any university. Written by guess whom and not understood by guess whom else.

So the data was wrong and the politicians could not know the difference, due to ignorance, importance of political self-preservation, and therefore accepted the data at face value. As the fiasco unfolded the politicians decided they did not want it. Thus they went and made more laws after the fact and still to this day want to make even more laws, which is why deregulation of the utility industry is a great idea in the first place, because minus all the over regulation it can better perform.

The only problem is that there was so much waste, that the utility companies did not know how to operate efficiently in the first place. Instead, when it sold its excess capacity to the commodity type trader, it did not know what to do when it went over its capacity. It then had to buy on the open market energy for a higher price. Of course the same commodity brokers, were there also and had also bought the other energy companies capacities on contracts. What did this whole thing cause? It nearly caused the collapse of California's government, a major utility company in California filed BK, and both of which refused to pay Enron the money they owed on the contracts that were sold. And the premature collapse of Enron.

It doesn't matter that Enron manipulated the market to get a financial gain. The fact is, that the State of California deregulated their energy caught off guard when someone took advantage of the rules they set out. Had the State of California not had a closed system for so long on energy generation, had better and less regulations there would be more plants. The energy could go less distance and it all would have worked and this would not have happened. But to wait until 2000 to straighten out CA energy system and go to a free market system, what did they expect?

The CA department of energy did not even realize that the transmission lines were not big enough to allow for the excess capacity to be distributed to all possible customers that the contracts might be sold to. Yet that should have been fairly obvious since the costs to create energy are so different using different methods and producing it in different regions, again this fact is due to the over regulation in the first place. If the transmission lines could not handle additional loads then the excess capacity did not exist to all markets, so then it cannot be traded. Yet the CA department of energy never had a clue to think on this when they opened up the trading and deregulation. Why? Linear thinking politicians did not understand free enterprise and efficiencies or the capabilities of their own infrastructures. Thus the California government was taken over by more savvy individuals. Think on it.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs

car service from Midway Burlington .. Lockport Chicago limo O’Hare

In The News:

Tech expert Kurt “CyberGuy" Knutsson says a malware app called SpyLend is posing as a financial tool, hitting 100,000-plus downloads.

Tech expert Kurt “CyberGuy" Knutsson says Clone Robotics’ Protoclone mimics humans with 1,000 muscles – too human for comfort.

Tech expert Kurt “CyberGuy" Knutsson urges you to use Apple’s App Privacy Report to see what your apps are really up to.

Tech expert Kurt “CyberGuy" Knutsson talks about how to smoothly transfer your data from an old laptop to a new one using cloud storage or external drives.

Kurt the CyberGuy offers tips to safeguard your personal information as scammers become more sophisticated with scam texts and other methods.

WeRide's unmanned electric delivery van, the Robovan W5, has 194 cubic feet of cargo space and can carry payloads up to about 2,205 pounds

Kurt the CyberGuy recommends deleting 16 browser extensions immediately in response to a report saying more than 3.2 million web users were affected by a security breach.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

A robotics firm in China claims a robot has performed the world's first humanoid robot front flip, which is significantly more difficult than a backflip.

A digital ID may be even more secure than a physical ID. Storing your driver's license in your Apple Wallet is an ideal solution for commuters.

A cybersecurity firm has shed some light on just how common tax scams have become. Kurt the CyberGuy offers his advice for how to protect your refund.

Lifesize Plans offers immersive walk-throughs that allow customers the opportunity to tour a home's design before construction actually begins.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

A man invested $4 million in bitcoin and lost it all with a single click when he was targeted by a vishing scam, which uses phone calls to trick people.

Expandable's Touchdown is a designer trailer that promises a luxury off-grid living experience and unfolds into a home in about 15 minutes.

Major employee screening company data breach affects 3.3 million people. Tech expert Kurt “CyberGuy" Knutsson explains what happened and gives five ways to protect your data.

Kurt “CyberGuy" Knutsson reveals mind-blowing tech that gives you sunlight on demand.

New malware "FrigidStealer" targets Mac computers. Tech expert Kurt “CyberGuy" Knutsson offers four ways to stay safe from infostealer malware.

Kurt “CyberGuy" Knutsson talks about how lab-grown muscles power a biohybrid hand for scalable prosthetics and research.

Reports of task scams have significantly risen in the past four years, according to the Federal Trade Commission. Kurt the CyberGuy offers some red flags.

iPhones have a hidden folder that eats up storage without you knowing it. Kurt the CyberGuy offers some tricks to free up storage on your device.

A recent ransomeware attack targeted Zacks, an American investment firm, and a cybercriminal claimed to have stolen records for millions of customers.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Researchers unveiled a new soft prosthetic hand that combines the natural coordination patterns of our fingers with the decoding of motoneuron activity in the spinal column.

Accidentally deleting a text message on your iPhone or iPad is not a problem if you still need the message. Apple has a built-in way to recover it.

Garbage in Garbage out; California Blackouts

Political