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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: energyplay who wrote (41512)11/16/2003 2:21:45 AM
From: EL KABONG!!!  Read Replies (1) of 74559
 
Hi ep,

Lots of people talking about energy independence with a mention of coal or nuclear. Some talk of technmological breakthroughs

Speaking of energy independence, on this past Friday (I think), Germany took its first nuclear power station out of the power grid, and did not replace it with another nuclear site. Their eventual goal (by voter approved referendum) is to be nuclear free, and using only renewable energy sources by the year 2024 (I think that was the year).

The energy "experts" over there are pulling out whatever collective hairs they have left on their collective heads. While this first shut down doesn't really hurt much of anything in the way of supply or grid management, as these plants continue to close, they cannot be replaced by coal, gas or other non-renewable sources. Mostly they intend to rely on solar powered electric generation plus some wind generators. "Experts" outside of Germany are closely monitoring what happens, because no knowledgeable people believe that Germany can meet 100% of its electric needs via solar and wind generation, at least not cost effectively. Commercial and individual consumer electric rates are projected to skyrocket over the next 15 years, starting about 6 years from now when the pains begin to be felt throughout the system, and extensive "blackouts" are projected for periods during extended sun-less days and or lack of wind in the near vicinity of generators.

KJC
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