Power generation is not a monolithic enterprise. If more supply is built than needed, certain suppliers will go bankrupt.

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ogaj 4 days ago | parent | next [-]

They may, but that doesn’t mean that the capacity disappears. It may require some assumptions about USG willingness to backstop an acquisition but it’s not a significant leap to think that the generation capacity remains in (more capable?) hands.

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mcny 4 days ago | parent [-]

Speaking of capacity, what happened to all the "dark fiber" that was supposedly built for Internet 2 or whatever? The fiber doesn't go away just because a bubble burst, right?

	▲	HPsquared 4 days ago \| parent [-]
		Railways are similar, many were built by investors who lost all their investment but the railway is still there.

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lucianbr 4 days ago | parent | prev [-]

What are the chances suppliers will go bankrupt but the plants get sold and still produce power?