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Gold/Mining/Energy : Oil & Gas Price Economics

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To: rajaggs who wrote (341)12/25/2000 10:42:37 AM
From: WWS   of 350
 
'jaggs, thanks for your insights here and elsewhere on SI. Your comments about Europeans learning to live w/lower energy consumption jogged my memory. About 6 months ago Echelon (ELON) signed a multiyear deal w/Enel (Italy's Electric Utility) to "wire" every home in Italy to connect electricity meters and electrical appliances to the utility's network management system via "smart" LonWorks-enabled devices interconnected via the power grid and existing home wiring. This model of monitoring and even managing energy utilization in home, office and plants will become the prototype of the future here, as well as in Europe, due to the fact that energy, as you've said in so many words, "ain't gonna be cheap no longer."
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