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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (14492)	5/25/2004 9:44:01 PM
From: Wyätt Gwyön	Read Replies (1) of 110194

i was discussing the NG situation with a friend in light of the gas-fired plant adds in North America in the past five years and mentioned that this addition exceeded the Three Gorges Dam capacity by at least an order of magnitude. but this seemed so out of whack i had to check—indeed, it seems Three Gorges will have 18,200 megawatts (three times the electricity consumption of New Zealand, and equal to 18 nuclear plants)… BUT, gas-fired power capacity added since 1999 in the US amounts to more than 220,000 megawatts. one wonders how policymakers could have been so stupid. Three Gorges: en.wikipedia.org Gas-fired plants: slate.msn.com

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