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Gold/Mining/Energy : Big Dog's Boom Boom Room

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isopatch
To: Dennis Roth who wrote (183978)5/18/2014 11:46:34 AM
From: Bearcatbob1 Recommendation   of 206326
 
1. “We know that CCS has been used and is being used at the commercial scale in other industries,” EPA chief Gina Mc­Carthy said at an April 2 congressional hearing, using the acronym for carbon capture and sequestration and referring to techniques used at chemical plants. “The technology is available; each component of that technology has been in use, has been tested and is viable.”

All here who worked in the industry know how misleading the above is.

2. The only thing the Kemper power plant is burning now is money.

No one here would deny that - and the rate of money consumption will accelerate when they try to make it all work.

3. Thomas Fanning, Southern’s chief executive, said part of the problem was early miscalculations. Given the amount of carbon capture Southern aimed for, “we did not evaluate correctly the amount of pipe, the thickness of the pipe, the metallurgy of the pipe and the quantity of the pipe,” he said. When all that was fixed, the support structures had to be made stronger, too.


I trust the engineering was not done by Bearcat engineers. The novelty of the whole design is proven clearly by the design issues. If it was all proven the design would be straight forward.

Perhaps I missed it - but I did not see what the price of produced power has to be get the regulated rate of return.

Bob
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