Author Topic: California Gas-Fired Power Plant Files for Bankruptcy  (Read 3740 times)

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Offline IsailedawayfromFR

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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #25 on: August 23, 2017, 05:15:38 pm »
This debacle has nothing to do with money. It's all about control. Liberals want people to do things. If they can control electricity, they can control the people. So they will eventually start telling people to cut back on air conditioning, lighting, reduce business hours, etc. Remember the gas crisis and all the rules that came out of it? We wanted SUV's but liberals didn't want us to have them so they passed gas mileage standards.

It's always about control. They don't want to fix the problem. They want to fix you
It absolutely is about money.  The end game is control, but the mechanism is money.

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Offline The_Reader_David

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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #26 on: August 23, 2017, 05:27:28 pm »
What is mysterious about this is that there seems to be a corporation that owns the gas-fired plant and nothing else.  Shouldn't the gas-fired plant, which comes online to fill gaps created by dips in wind and solar production, be owned by the same company that has the wind and solar production?  Doubtless this irrational market structure is something created by government "green energy" incentives.
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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #27 on: August 23, 2017, 05:34:07 pm »
What is mysterious about this is that there seems to be a corporation that owns the gas-fired plant and nothing else.  Shouldn't the gas-fired plant, which comes online to fill gaps created by dips in wind and solar production, be owned by the same company that has the wind and solar production?  Doubtless this irrational market structure is something created by government "green energy" incentives.

There are probably some anti-monopoly regulations that forbid that.  As has been mentioned many times here, the energy industry is one of the most heavily regulated sectors of the economy, especially in CA.
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Offline IsailedawayfromFR

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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #28 on: August 23, 2017, 05:53:59 pm »
What is mysterious about this is that there seems to be a corporation that owns the gas-fired plant and nothing else.  Shouldn't the gas-fired plant, which comes online to fill gaps created by dips in wind and solar production, be owned by the same company that has the wind and solar production?  Doubtless this irrational market structure is something created by government "green energy" incentives.
What you are describing is not the reason La Paloma was built in 2003.  It was as a baseload plant.  It has been forced to instead turn into a peak-shaving plant by the California govt, which gave preference to power produced by renewable plants.
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Offline thackney

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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #29 on: August 23, 2017, 06:01:41 pm »
What is mysterious about this is that there seems to be a corporation that owns the gas-fired plant and nothing else. Shouldn't the gas-fired plant, which comes online to fill gaps created by dips in wind and solar production, be owned by the same company that has the wind and solar production?  Doubtless this irrational market structure is something created by government "green energy" incentives.

I like the relatively free market.  I wouldn't want to see companies forced to do both.  But I also believe dispatchable sources have a greater value and should be paid accordingly.
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Offline IsailedawayfromFR

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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #30 on: August 23, 2017, 06:59:26 pm »
I like the relatively free market.  I wouldn't want to see companies forced to do both.  But I also believe dispatchable sources have a greater value and should be paid accordingly.
Not sure what a 'dispatchable source' actually is.  La Paloma was built as  a merchant plant.  Is that a 'dispatchable source'?
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington

Offline thackney

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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #31 on: August 23, 2017, 07:01:27 pm »
Not sure what a 'dispatchable source' actually is.  La Paloma was built as  a merchant plant.  Is that a 'dispatchable source'?

A  dispatchable power source can come online when needed, not just when the wind blows or the sun shines.  It can adjust the amount of power produced upon demand.
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Offline IsailedawayfromFR

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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #32 on: August 23, 2017, 08:35:32 pm »
A  dispatchable power source can come online when needed, not just when the wind blows or the sun shines.  It can adjust the amount of power produced upon demand.
So by that definition, is La Paloma a dispatchable source?  Or does a dispatchable source need to be commercial?
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington

Offline thackney

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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #33 on: August 24, 2017, 11:01:44 am »
So by that definition, is La Paloma a dispatchable source?  Or does a dispatchable source need to be commercial?

Yes, it is dispatchable.  It is technical ability, not economics.
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rangerrebew

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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #34 on: August 24, 2017, 03:29:51 pm »
I say the CA will follow the practices of NY and give subsidies to ensure backup power generation remains in place. http://www.reuters.com/article/us-new-york-nuclearpower-idUSKBN1AA2VF

With what money?  Oh, I get it. :facepalm: They'll just bring in more illegal immigrants with those high paying jobs and increase the taxes on them. :thud:
« Last Edit: August 24, 2017, 03:30:34 pm by rangerrebew »

Offline catfish1957

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Re: California Gas-Fired Power Plant Files for Bankruptcy
« Reply #35 on: August 24, 2017, 03:41:43 pm »
La Paloma is not the only power plant in California facing closure due to its policy promoting renewable energy


Hey California......


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« Last Edit: August 24, 2017, 03:42:16 pm by catfish1957 »
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