Monday, April 17, 2006
The Price of Deregulation: Rolling Blackouts
So now we see the price of deregulating the electric industry. They have to operate closer to the edge than ever. Maintenance overhauls were scheduled at several plants planning on the usual cooler weather that didn't have everyone's air conditioner working overtime. So they were out of the grid when the weather in Dallas hit an unseasonable 101 (I knew it seemed like summer today!) and the electric company had to institute rolling blackouts through the town. Not too long, maybe 15 or 20 minutes at a time. But that's the price we pay ...
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