Today’s _The New York Times_ reports that many Silicon Valley companies are promising to conserve power by shutting off lights, heat or air, and other less essential power demands. If energy production continues to wane in California, these firms risk losing staggering amounts of income from operations.
Can the technology sector suffer another blow? Not only are general stock market conditions causing trouble, but California’s economic landscape is in dire straits because of the financially crippled energy providers.
Let’s face it, power is the very backbone of IT. Some companies have energy reserve capabilities and alternative sources, but those are finite and limited.
Am I overreacting, or is Silicon Valley on the brink of a potentially disastrous situation? What can these firms do to continue operating with a pending energy crisis?!
