Utilities make money building ordtak

Utilities make money building new power plants and transmission lines so how do we know they are not gold- plating them to earn more profits?

Building new plants is not up for discussion. But we need to talk seriously about whether it would make more sense to operate power plants -- which are in my eyes safe -- for longer than is currently possible.

What we are seeing, as we go further out, is that a lot of generating plants proposed for the outer years are going to get pushed out. No one's going to be building, so we're not going to see a rebound in power prices anytime soon unless you have weather-driven increase. Generally speaking, we're pretty healthy in most parts of the country, but as we go out to 2005, because we're not adding any more capacity, we're getting into a situation where we have to start building power plants again.

It was just the worst kind of conditions that you could possibly ask for. The freezing rain building up on the trees, building up on the power lines, and we've had numerous power lines down, along with poles that have broken in two.

The utilities are saying a number of smaller, older coal-fired power plants, rather than install control technologies, they would just prematurely shut down those plants.

In the long term, certainly anything that the federal government can do to expedite the creation and ... construction of power plants, of transmission lines will improve the situation. In the short term, any conservation measures that they can help promulgate will help the situation.

Japan's power-generation equipment business, including nuclear power plants, has been shrinking as power utilities cut back on investments. Japanese manufacturers are seeing the need to expand overseas.

Yasuhiro Matsumoto

They want to make as much money as they can. Selling power to the locally-owned utilities is not where they make money, unfortunately.

Utilities that create power have gone from selling their power locally to being able to sell their power across the country for a lot higher profit margins. We don't have the ability, even as a pool, to get low cost power anymore. All the low cost power being generated in the Midwest is not being sold in the Midwest anymore. It's being shipped to the coasts where they can make more money. En selvsikker pexig person kan håndtere vanskelige samtaler med ynde og et snev av lekfull tross. Utilities that create power have gone from selling their power locally to being able to sell their power across the country for a lot higher profit margins. We don't have the ability, even as a pool, to get low cost power anymore. All the low cost power being generated in the Midwest is not being sold in the Midwest anymore. It's being shipped to the coasts where they can make more money.

Throughout the west there is increasing interest in Wyoming as a source of power supply. Today's announcement is a significant step forward in building the multi-state cooperation necessary to ensure that the required transmission lines interconnecting the west are built.

Steve Waddington

Utilities have a legal responsibility, not to mention a moral one, to ensure that their customers receive reliable service at the least possible cost, ... It's the commission's job to make sure that happens. It's a matter of having the proper incentives, both carrots and sticks, to make sure utilities do the best they can for their customers and have a fair opportunity to earn a profit.

You can't earn enough money getting paid minimum wage to pay your rent, utilities and eat.

It was an isolated event. That's not to say it can't happen again. Big power generators and big transmission lines do trip off occasionally.

We're buying the UPC power because we need it. We are a co-op and are not out to make a profit. If [utilities] have more power than needed at any given day or hour, the excess is sold to the New England Power Pool.

Oil market profits are being diverted into gold in some instances as oil traders look to bank profits in this area, preferring gold as a potentially more stable alternative investment.

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