Chapter 481: Electricity and the Power Grid, the Beginning of a Monopoly
Back home, the worried Abigail was relieved to see that William was unscathed, but the chick was probably really frightened and kept holding William's arm and not letting go.
However, this also made William, who had been nervous all morning, relax and dialed a video message to Oxford's mother to report that he was safe.
When Lena saw her son appear in the manor, her worried heart was put down, and she rarely ignored Abigail, who was sticking to William's side and wouldn't let go.
Before the video ended, Lena ordered Gale to keep an eye on William from now on and not to take a step out of the manor, otherwise she would drive Gale away when Lena returned to London.
After receiving the order of the big boss, Abigail hurriedly nodded in agreement, and looked at William with a victorious face after the video call, "You have to listen to me from now on, dear."
"Okay, listen to you", Abigail, who glared at the smiling and smiling, fell on the sofa and pretended to be weak, "I'm hungry, help me prepare food."
"I'm not fooled by you", Abigail took out his mobile phone with a smile and pressed the phone of the manor cook, but the phone could not be called for a long time.
"Are you a fool?" William looked at the puzzled Abigail with a smile, "Now that there is a power outage in London, and the signal receiving towers are all out of work, it's strange that the phone can be called, don't be verbose, hurry up and make me something to eat."
"Then let's work together, you help me out."
Holding William's hand, he had to go to the small kitchen to accompany him, and he couldn't pull it after pulling it several times, Abigail rolled his eyes and fell directly on William,
"Boss, do you hate me anymore".
Originally, he didn't plan to go out in the afternoon, and when it was dark to see if he could save the old beautiful head Benjamin Arthur's William, he looked at Gale who pretended to be poor speechlessly, "Okay, okay, I promise not to go out in the afternoon."
"Ha, if you don't go out in the afternoon, you will go out in the evening", Abigail is a double doctor, and this bit of wordplay is immediately recognized by her.
The angry William slapped the round place behind the chick, "If I don't go, I'm going to starve to death."
"You bastard", Abigail touched the place where he was beaten, "it hurts".
"I'll take a shower, you go and make lunch, that's it", he stood up with Abigail in his arms and threatened, "Don't worry about men's affairs, otherwise I won't let you get out of bed".
After saying that, he didn't care about Gail anymore, went upstairs by himself, walked into the bedroom and took off the clothes on his body, all of which were still on the ground, and went into the bathroom to take a bath.
Lying in the oversized bathtub, I stretched comfortably, closed my eyes and said to Sunday, "When will London's electricity be restored?"
"SIR, I can't get the control computer of Bakawi's group, and it is expected that it will take at least 24 hours."
"FK, that's not to say that when it's over, the share price of Electricity England will definitely plummet."
"NO, SIR, BAKAWI AND HIS GANG CONTROL THE CONTROL SYSTEM OF THE POWER GRID COMPANY IN ENGLAND, THE POWER OUTAGE IN LONDON HAS NOTHING TO DO WITH YOUR POWER COMPANY,
If my program is correct, from what I have investigated, the electricity company is functioning normally, and once the official cracks the program that Bakawi left in the main engine of the England power grid, London will be able to restore power immediately."
"Huh?" Hearing this, William opened his glasses and sat up, "You mean to say that England Electricity only produces electricity, and has no business of delivering electricity?"
"NO, SIR, YOUR DESCRIPTION IS NOT ACCURATE, POWER IN ENGLAND IS MAINLY ENGAGED IN GENERATING AND SELLING ELECTRICITY.
The transmission and distribution system is mainly operated by the English Power Grid, and the business scope is England and Wales.
Because electricity is difficult to store, unified management of the grid can regulate the amount of power generated, so as not to waste and generate more than the actual demand will cause damage to equipment such as lines and generators.
At the same time, in addition to English Power, the power group also has electric energy companies and nuclear power companies, with market shares of 42%, 31% and 27% respectively."
"What is the market value of the English power grid", William asked busily.
"According to yesterday's NYSE stock price, the market capitalization of England Grid is $2.1 billion, but I have to warn you that once you do win England Grid, I estimate that there is an 80% chance of facing an antitrust investigation."
"That's a problem," William nodded.
Unless the power company has a majority of the state's shares, anything related to electricity is operated by a single company, and it will certainly not escape the suspicion of monopoly.
Among other things, the power and nuclear power companies would never want William's Electricity in England to buy the English power grid.
If William's acquisition is successful, it is equivalent to being stuck in the neck, which is something that no company can bear.
I was thinking about how to avoid the monopoly, and suddenly said on Sunday, "SIR, there is another thing I need to remind you that the current electricity trading in England still uses the generation quota system, and it is not that you can generate as much electricity as you want."
"Huh?" said William after a moment of thought, "if I reform the electricity of England and put it on the market completely as a commodity,
Let the people decide for themselves which company to buy electricity, so as long as my electricity price is always lower than the other two companies, can I avoid the monopoly?"
The question paused Sunday for a few seconds, "I'M SORRY, SIR, I CAN'T ANSWER THIS AMBIGUOUS QUESTION, BUT ACCORDING TO MONOPOLY LAW, AS LONG AS YOU DON'T LOSE MONEY OR REDUCE PRICES WITHOUT MAKING MONEY, THEN THERE IS NO MONOPOLY INVOLVED."
"And, mind you, if you can do it at a lower cost than the other two, or even just 10% lower, then in a few years the probability of these two companies going bankrupt will be 90 percent.
No one will buy expensive consumables, even if it is 1% cheaper, there are people who change the electricity company, and once these two companies go bankrupt, it is unnecessary for you to buy the English power grid.
And once you unify the production of electricity in England and Wales, you are again at risk of a monopoly".
Hearing this, William not only didn't get angry, but laughed, "That's for the future, and even as long as my electricity price is lower than that of other countries, the English official may support me to go out of the three islands of England and make money from other countries."
And don't forget that the owner of the Devon Hill family fund is my mother, and I use the fund to buy the power grid, maybe I can avoid the monopoly."
After a few more seconds of pause on Sunday, he said, "I suggest you leave these matters to Anthony's lawyer."
"Well, it seems that you really are not omnipotent".
William lay back in the bathtub, wondering whether he should take advantage of the attack and the collapse of the share price of the English power grid to buy it.
However, this did not prevent William, a black-hearted fellow, from doing badly, and closed his eyes and said to Sunday, "What a loss it will cause to let London go without power for three days."
"Wait a minute, SIR".
Ten seconds later, Sunday replied, "Last year, the GDP of the entire Greater London area was 204.7 billion US dollars, and at this calculation, the direct loss of power outages for three days was at least 1.7 billion US dollars, and the indirect losses are incalculable.
It should be noted that London is a financial center, and the losses on the stock market cannot be estimated, but I expect it to be no less than $10 billion.
And if the power goes out for too long, there is a high probability that the authorities will reassess the risk of unified transmission, and the English power grid you bought may become junk stocks."