PG&E fiddling as the grid burns?

By Kevin Kelleher | Thursday, July 26, 2007 | 8:49 PM PT | 2 comments |

Om’s post about the power grid as the Web’s weakest link got me thinking about where utilities like PG&E are spending their money if it’s not going into capital expenditures to fix the cables that are decaying beneath our feet. I singled out PG&E because it oversaw the crippling outage yesterday and because, with a billion dollars in profits, it should have had enough money to invest in capex. Continue Reading.

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