Chapter 1268 - New Business!
Jonathan Blair, the board members of the Pioneer Energy Group, admired the idea of the big bosses making money in this way, and spent a huge amount of money to modernize these grid Pioneer Energy Group companies.
Pioneer Energy Group is now the largest power group in the northeast region, with more than 100,000 transmission towers, more than 20,000 kilometers of transmission lines, 1.5 million power poles and street lights, and several nuclear power plants.
Because wildfires often occur in Eagle Sauce California, and high-voltage transmission lines are usually in dense mountain forests, not only the cost of the company's employees to go deep into the forest to repair and inspect the power grid is extremely high, but also windy weather and aging lines are very prone to large-scale wildfires.
A few years ago, a high-voltage power line in northern Ohio, China, softened and drooped due to heat during peak hours, and short-circuited after touching untrimmed branches below, which caused other power lines to trip one after another due to heavy loads, and the voltage in eight northeastern states and the bordering southern part of Granomega completely collapsed, causing the largest power outage in North American history.
At the same time, Pioneer Energy Group Company also frequently had electrical fire accidents because of the old power grid, although it did not cause major losses, but it was also a wake-up call.
Yang Jie didn't want to bear a huge amount of compensation for the large-scale wildfires caused by the fire on these old lines, since he naturally wanted to make a stable profit after acquiring two large power companies, so he spent a lot of effort and more than eight years to upgrade the old power grid of Pioneer Energy Group.
The focus of the transformation is to build a large number of distributed fuel cell power stations around their original substations, maximize the use of fuel cell power stations to solve the electricity consumption in various places, and strive to build a distribution network, no longer relying on the high-voltage transmission network.
After so many years of construction, the original high-voltage transmission grid of Pioneer Energy Group has basically been deactivated, and most of the electricity allocated by Pioneer Energy Group is generated by fuel cell power stations.
Power plants in California have now completely lost their bargaining power with Pioneer Energy Group.
Pioneer Energy Group has completed the renovation of old power poles and street light poles in towns and remote areas through these years of construction, and has also built a lot, the construction of power poles and street light poles in the area is not only the largest power consumption market in China, but also the richest area in China, these massive new power poles and street light poles have become the best choice for the construction of small WiFi base stations in Cialiks.
Adam Smith was full of praise for his cheap son-in-law's idea of providing WiFi services on the newly built utility poles and street light poles of the Pioneer Energy Group, after all, it was also a new business for his company, and it was a profitable business.
Of course, there is a disagreement between the two sides about the charging standards for a telephone pole and a street lamp pole in these places in the central area of the city.
Jonathan Blair and others had already made various actuaries on the number of people covered by the WiFi base station on the street light poles in the downtown area before they came, and they also quoted a rental price of $4,000 a year.
For this price, Adam Smith and the executives of Cialikos both felt that it was too expensive, and also hoped to reduce the price to less than $2,000.
Pioneer Energy Group has spent so much money on construction over the years, and Jonathan Blair also hopes to collect more money on this new business.
Yang Jie also hopes that Sericos can start this business as soon as possible, and also asked the working group of Pioneer Energy Group to recalculate and set the rental price of these power poles and street light poles in the urban area at a price of 2,500 US dollars per year.
The city's street lamps and poles are the best carriers of WiFi small base stations, and Cialiks wants to carry out this WiFi service for these street lamps and pole resources, and now since Yang Jie, the big boss, is willing to bring down the rental price, Adam Smith, the big boss, also agreed, and the Cialiks company and the pioneer energy group company finally finalized the price.
After all, this matter is the matter of the two big bosses themselves, and these management personnel of the two companies just do it.
Moreover, these WiFi base station equipment and technical solutions still need to be provided by Yang Jie's Huaxing Communication Equipment Company.
After negotiating this matter, Jonathan Blair, the management of Pioneer Energy Group Company, also reported to Yang Jie on all aspects of the work of the group company.
Pioneer Energy now has annual revenues of more than $36 billion, 32,000 employees and profits of more than $7 billion, almost half of which is used to repay loans.
In recent years, in addition to selling electricity to make money, Pioneer Energy Group has also opened up a lot of new businesses, in addition to selling hydrogen fuel and fuel cell power systems, it also sells home solar power supply systems, and the business volume in this area is getting bigger and bigger.
As a technology freak, Yang Jie did not let Pioneer Energy Group sell more electricity, because he knew that the emergence of new energy technology would sooner or later break the monopoly of power companies on electricity, so he let Pioneer Energy Group take the initiative to carry out the business of new energy technology and equipment.
In fact, the electricity consumption of the entire Eagle Sauce country has shown a very slow growth rate in recent years, and the per capita electricity consumption is actually declining.
If you can't sell more electricity like traditional power companies, and you want to use the money to continue to renovate your boss's office, you have to go to the regulator to cry poor and rely on price hikes to maintain profits.
However, Yang Jie knew that the development of new technologies would quickly and completely break the pattern of price monopoly of power companies, so he also let Pioneer Energy Group take the initiative to get involved in the field of solar energy and hydrogen energy technology equipment.
Pioneer Group Inc. in Silicon Valley costs about $3.4-3.6 per kilowatt to install solar panels on the rooftop of homes, and the larger the system, the cheaper the unit price.
Pioneer Energy Group companies also make a lot of money every year by providing rooftop solar panels and energy storage battery systems to these home users.
The company's growth in the business of these new energy technologies and equipment is more profitable than the sale of electricity, and has now become one of the main businesses of the Pioneer Energy Group.
In this regard, it can be said that Pioneer Energy Group Company is at the forefront of Eagle Sauce domestic power companies.
Pioneer Energy Group is not in a hurry to build solar power plants on a large scale, because these solar power plants are far from the power load centers, require the construction of long-distance high-voltage transmission grids, and the investment and construction costs are high, and the company's business interest in this area is not very large.