文档介绍:natural gas - has driven prices upward
trend and made supplies less dependable for
utilities. Given the realities of the en-
ergy market, panies should take
Are You Ready for a Blackout? steps to shield themselves from power
shortages. Here are five lessons from
California's harrowing experience.
1. Know where your electricity
Every corporate executive needs to learn five lessons from California's
comes from. Your electricity provider
electricity crisis.
and your place in the transmission grid
both affect your exposure to risk. For
by Peter Navarro example, companies like 3Com and Sun
Microsystems have facilities in the heart
of Silicon Valley that use
power from a munici-
pally run utility. During
the crisis, this particular
hookup has been more
reliable and less expen-
sive than the hookups
of panies that
rely on the investor-
owned Pacific Gas &
Electric. An understand-
ing of where your elec-
es from is par-
ticularly important as
you contemplate expan-
sion. Intel CEO Craig
The wreckage of the California electricity provide the rate of return to justify such large Barrett has said pany won't be
market is a gruesome sight indeed. Thousands investments. Deregulation in 1996 was expanding in California any time soon.
of panies employing millions supposed to fix this, but stringe