The Market Ticker - One Little Transformer Fire....
I’m sure you’ve heard about last night.
NYC had a transformer fire. It happens, especially when you don’t do things like maintenance, even if it’s just looking around. You don’t notice that this one is rusty and leaking some of its cooling oil. Then bad things happen, like catching on fire.
60,000 people were plunged into the dark in NYC.
This was either a pure accident (unlikely) or deferred maintenance (almost-certainly.) It wasn’t an intentional act. ConEd didn’t have someone go down a manhole and blow something up.
But they could have had that happen.
This was one reasonably small transformer in one hole. They…….
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Source: https://www.market-ticker.org/akcs-www?post=236341
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