Vogon Today

Selected News from the Galaxy

Economic Scenarios

Milanese in the dark? Thank the austerity. But don’t worry, in the future it will be worse

In Milan there were 80 blackouts in three days. A situation that should be normal in a developing country, perhaps in Africa, but that should not happen in Europe in the twenty-first century. Too bad that a large slice of the Old Continent, for many reasons, looks more and more like an economically undeveloped country.

At first glance, what is the direct cause of these blackouts? Try to explain it. To explain it Unareti, the association of network operators that mentions a “state of alert” in the running “The high temperatures recorded in Milan in recent days have led to an increase in energy consumption in the city. In the last few days, the maximum load of 2021 on the electricity grid has been reached, up by about 25% compared to last week ", The heat led to the early and simultaneous switching on of the air conditioners, with an excess of demand, at least this is the official explanation. But are we sure? Is it possible that a bit of heat will send a theoretically modern city of the 21st century into crisis?

Unareti admits that the network is also to blame: "In order to overcome the inefficiencies that can occur in the presence of increases in the load on the network, huge investments are required which require a long time to be completed". True, times are long, so why weren't they done in time?

Speaking of sudden growth is, at least, risky: Italy does not have a demographic growth and air conditioning systems are spreading more, but they are also much more efficient than those of a few years ago. The problem is that there has been no investment in replacing the network and making it more efficient. Since when have you no longer invested?

From the 2008 financial crisis to the 2011 debt crisis, investments plummeted. A gift from European budgetary constraints: when I put a fixed ceiling on you and oblige you to make large primary surpluses, the ones you cut are not current expenses, because you cannot lay off staff or cut pensions beyond a certain limit, but they are the investments.

Someone will say that investments in the network must be paid for by users: but these already pay these expenses powerfully, as you can see by reading any bill.

Between transport and system charges and taxes, from 2/3 to 3/4 of the bill go to the system manager and to the state, that is, to those entities that should invest to renew the network. pity that they did not and that our money ended up elsewhere, for example to compensate the private generation companies for their divestments (see nuclear) or, for the part of the state, in other expenses.

The future will be even worse: the green rhetoric will push towards the famous renewable sources that do not yet exist, are not sufficient and, above all, have two flaws:

  • they are not constant (apart from nuclear power): the other sources depend on variable and scarcely predictable atmospheric factors;
  • are expensive

So the future of the Milanese, but not only, is to pay more for less services, less electricity, more blackouts.

Good fun.


Telegram
Thanks to our Telegram channel you can stay updated on the publication of new articles of Economic Scenarios.

⇒ Register now


Minds

The Milanesi article in the dark? Thank austerity. But rest assured, in the future it will be worse comes from ScenariEconomici.it .


This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/milanesi-al-buio-ringrazino-lausterita-pero-tranquilli-in-futuro-sara-peggio/ on Sun, 20 Jun 2021 08:05:59 +0000.