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Strategies & Market Trends : ABB (Asea Brown Boveri) ADR

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From: tech101	9/11/2008 7:51:01 PM
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Wind Energy Bumps Into Power Grid’s Limits "Massive wind farms in the Dakotas are great . . . but they aren't going to provide power to many big urban centers (if any) because that transmission loss is going to be a killer. " Ralph, Glen Cove, NY Read Full Comment » Wind advocates say that just two of the windiest states, North Dakota and South Dakota, could in principle generate half the nation’s electricity from turbines. But the way the national grid is configured, half the country would have to move to the Dakotas in order to use the power. “We still have a third-world grid,” Mr. Richardson said, repeating a comment he has made several times. “With the federal government not investing, not setting good regulatory mechanisms, and basically taking a back seat on everything except drilling and fossil fuels, the grid has not been modernized, especially for wind energy.” nytimes.com

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