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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Douglas V. Fant who wrote (81935)	12/17/2000 9:00:37 AM
From: Second_Titan	Read Replies (4) \| Respond to of 95453

The EIA projects for 2001 that fuel oil use for power will be about 17% of NG use. An interesting aspect of the power reliability is if each power pool is effectively ensuring that they have enough non NG fired capacity available. As NG fired combined cycle plants replace older oil/gas fired rankine cycle plants and coal plants they will be exposed to any event disrupting supply of NG. I wonder how many of the dozens of GT's were ordered with dual fuel capability? This is an expensive option. Since many of these turbines were ordered on speculation I expect many would not have the fuel oil option. Why spend the capital to compete for a small window of time in the Winter? With NG supply low relative to demand NG availability may drop further and further south, so curtailment periods may increase for some and may hit some plants who never expected it. Gas Turbine World Handbooks for the last two years show that the vast majority of plants were ordered without the fuel oil option.