The Energy Thread

[Uncle Ted]

This generator maker's stock just soared to a record as PG&E power cuts cause business to boom

• Generac Holdings hit a new all-time high on Friday, bringing its 2019 gain to 82%.
• Power cuts in California are leading to a surge in demand for the company's backup generators.
• "This caught us totally off guard. We didn't see the largest utility in the US coming out and saying 'look our only solution is to turn the power off,'" Generac Holdings CEO Aaron Jagdfeld said.
• He said that the company has seen "three, four hundred percent increases in volumes out in California."

[...]

https://www.cnbc.com/amp/2019/10/25/...s-to-boom.html

Damn, why didn't I think of buying some stock?

[Uncle Ted]

Wow. Think of the lost productivity.

Yeah, no kidding.

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[The_Tick]

Man, that really sucks. But nothing like the sweet purr of a generator to sleep to.

$800 seems like a good price on that one. One of these days I am going to pick up a natural gas one to replace the one I have. In west texas they have to pay to get rid of that stuff!

Yeah...normally $1100. My cousin works for Cummins here in town and they are able to purchase something like this every 6 months at employee pricing so he hooked me up.

[Uncle Ted]

My two refrigerators are currently running on my brand new Onan 4500W Inverter generator. $800 well spent.

Thoughts and prayers at this time please.

We *might* get power back on Saturday. It has been off since 2 AM this morning.

Man, that really sucks. But nothing like the sweet purr of a generator to sleep to.

$800 seems like a good price on that one. One of these days I am going to pick up a natural gas one to replace the one I have. In west texas they have to pay to get rid of that stuff!

[Jeff Lebowski]

My two refrigerators are currently running on my brand new Onan 4500W Inverter generator. $800 well spent.

Thoughts and prayers at this time please.

We *might* get power back on Saturday. It has been off since 2 AM this morning.

Wow. Think of the lost productivity.

[The_Tick]

My two refrigerators are currently running on my brand new Onan 4500W Inverter generator. $800 well spent.

Thoughts and prayers at this time please.

We *might* get power back on Saturday. It has been off since 2 AM this morning.

[Uncle Ted]

I'm saying California is the next Venezuela!

Yes, where do you think all the Venezuelans are moving to? California New Venezuela!

[falafel]

Ah yes, Venezuela... Where the "American dream is more apt to be realized"!

I'm saying California is the next Venezuela!

[Uncle Ted]

California ----------> Venezuela.

Ah yes, Venezuela... Where the "American dream is more apt to be realized"!

[falafel]

California ----------> Venezuela.

[Uncle Ted]

Why don’t Californians just pay the money necessary to maintain an adequate grid. It’s simple, you don’t pay enough right now so just increase rates.

Yeah, what a bunch of cheap bast*rds... They only pay about 19 cents per kilowatt hour on average:

In the meantime, Californians paid an average of 18.41 cents per kilowatt hour for their electricity in July 2018, 67% higher than the national average and more than double the cost of electricity in Texas. In August, California’s rates jumped to 19.08 per kWh, 110% higher than Texas’ rates. In fact, Californians’ July and August electric rates were the highest in the contiguous 48 states.

https://www.forbes.com/sites/chuckde.../#2f0e7948274b

[Moliere]

Why don’t Californians just pay the money necessary to maintain an adequate grid. It’s simple, you don’t pay enough right now so just increase rates.

[Uncle Ted]

Creek, did you get that generator yet?

For California, massive power blackouts could become a way of life

As PG&E begins a second round of fire-safety power shutoffs, it warns a third, bigger blackout could be needed as soon as the weekend.

Hundreds of thousands of residents of Northern California whose power will be shut off in the next two days got even worse news Wednesday: Another, even larger, blackout is likely over the weekend.
[...]

https://www.nbcnews.com/news/us-news...-life-n1071131


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[Uncle Ted]

How would nuclear power solve this particular problem?

It’s “green” compared to burning natural gas or coal. These increased winds and dryer weather is due to climate change which, of course, is Drumpf’s fault!


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[imanihonjin]

Good thing there is no more nuclear power in California.

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How would nuclear power solve this particular problem?