Posted on 06/23/2002 8:16:59 AM PDT by Dog Gone
What a ridiculous statement. If its so benign, then why is W foisting all that "safe" waste on the citizens of NV? Why don't the states that generate it want it in their back yard? I'm no greenie, but statements like this go far to give the nuclear industry a black eye.
Dog Gone, if I'm interested in investing in this sector thanks to my view that it's oversold, what company do you think is soundest? I picked Calpine mainly because it didn't seem to be in recent stories alleging problems, and they are continuing to successfully get power plants on line.
I appreciate your thoughts, and yes, I fully recognize that any investment decisions that I make are my own, and officially (and publically!) absolve you of any responsibility for same. (Besides, I'll be investing less than $1,000, on a strictly speculative basis).
D
That will never happen. There are a few direct lines between the Texas grid and the other grids, and they are very controlled, and easily disconnected. At this point in time, Texans probably would sooner secede from the Union rather than tie their power system to a national power grid. It seems to me one time, they did in fact try to connect the grids and a group of Texans cut the lines.
There is not a lot to buy in the market. I will buy CPN again in the future, but right now it looks horrible. It's down again today, approaching it's 52 week low. I'd wait and see if it breaks down to a new low and if it does, wait some more.
The cynical side of me says that due to the scrutiny in the energy field, there is little chance for the windfall profits from electricity market manipulation like last year. But this is just my personal advice. I am not a broker or professional advisor. Good Luck!
Reliant was planning to divest itself of the rest of its ownership of this trading company this summer, but the SEC investigation has probably put that on hold. I wouldn't spend a penny on Reliant Resources stock, but the parent company is a hard asset company with an enormous customer base and the stock has been beat to death. It looks like a bargain to me, not as something that is going to post 50% gains for years to come, but as one that could easily be trading at twice its current price next year.
I don't own any of this stock, but I probably will once the stock market quits plummeting.
Previous disclaimers about my lack of expertise in picking stocks still apply!
Very well said and this article points out what our US Senators should be debating rather than being focused on just Enron and partisan politics.
That will make for some interesting politics.
Because nobody seems to have the intestinal fortitude to overturn Jimmy Carter's executive order ban on reprocessing 'spent' reactor fuel.
It would take a half-dozen of the popular Whisper 1000 or 1500 models to convert the wind in order for your home to be airconditioned while supper is being cooked, the tv and lights on, etc. Using a battery bank involves HUGE quantities of lead which the health authorities want out of your home......
My bets would be on more co-generation of heat and electric ,i.e. if your furnace was replaced with a generator you could still benefit from the heat released in combustion. Few people realize that more of the energy in gasoline is thrown away by the internal combustion engine than is used to move the vehicle. And engines that run at low rpm in a fixed, sheltered building can last an extremely long time. Current "home" generators use high rpm (low life) engine to maximize the horsepower in a small package.Can an engineer tell me what design lifetime could be expected (using proven technology)if you ran the engine not at 3600 rpm not at 1800 rpm , not even at 900 like Chinese diesel units but at maybe 300 rpm with a properly sized flywheel and utilized the "waste" heat for domestic uses.
No I'm thinking of the 50 to 90 meter windmills that are rated at 900kw - 3MW. We have a lot of the 50 meter 750 kw ones here in Iowa but they are building some bigger ones. Iowa is 3rd in the state in windmills and I'd love to know what percentage of Iowa's power they produce. But, there are very very few of them. The closest one to CR is 80 miles away and it's hard to find.
We can produce a very significant fraction of our power here in Iowa with very few windmills.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.