John Sessoms wrote: >> From: >> Adam Maas >> Canada's power distribution rules resemble long-distance phone rules. >> the local company provides the wires, but 3rd party companies must be >> allowed access, and they can buy the power from the producers (since >> most of Canada's power comes from either the big hydroelectric >> projects or Nukes, most of the country's power distribution is >> seperate from production. The exception being rural areas on the >> provincial Power Company grid. >> > > Hmmm? Sounds something like the de-regulation scheme the power companies > foisted on California back in the late 90s; that Enron exploited in 2001. > > http://news.bbc.co.uk/2/hi/business/1972574.stm > http://www.cbsnews.com/stories/2004/06/02/eveningnews/printable620795.shtml >
Yes, but outside Ontario the big issue that cause the problem in California (deregulating wholesale costs while regulating retail costs) never occured, and Canada's a major power exporter so there actually is an excess of local supply (unlike the situation facing California). Ontario, with retail price regulation is halfway to the California situation, but the government partially subsidizes the difference between regulated retail cost and the actual cost of retail power. Also the major players are at least partially government controlled so it's only the small guy who could try and pull a Enron-style futures pricing scheme. -Adam -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
