Friday, September 29, 2017

We'll play it again. MLA Sultan was dead set against BC Hydro oligopolists before he became an MLA

From our 2014 posting on bc hydro

An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). Oligopolies can result from various forms of collusion which reduce competition and lead to higher prices for consumers.

 Once upon W. A. C. Bennett-time, Father of BC Hydro, invented his version of the game of monopoly.  No competition, no price wars, no artificial tinkering by introducing wind, micro damming, requirement to pay higher prices to independent power producers, no collusion, no heritage funding, no debt.

It seems, now, that BC Hydro's Octopus head is fighting against the will of it's eight tentacle supplemental suppliers, IPP, required sources of cleaner energy.

Is Site C the route go even though a new turbine Mica #6 could be added to the existing dam for far less money?

Should the BC Liberal Government stick with the number 6 or go for the alphabet rating system of C?

Are the prices that BC Hydro is paying for the components that go into either Site C or Mica #6 fixed?   Is there collusion? ......  etc.,,,,

 Sultan, Ralph G. M., Pricing in the Electrical Oligopoly, Vol. I: Competition or Collusion, Boston: Harvard University Press, 1974.,+Ralph+G.+M.,+Pricing+in+the+Electrical+Oligopoly,+Vol.+I:+Competition+or+Collusion,+Boston:+Harvard+University+Press,+1974.&ie=utf-8&oe=utf-8&gws_rd=cr&ei=AoChVLWgLcqpogSLg4KIDg

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