Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CPN: Calpine Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Daniel G. DeBusschere who wrote (125)	8/16/2001 1:21:29 PM
From: daryll40	Respond to of 555

Well, if this IS hype, I'd hate to see it without hype.

To: Daniel G. DeBusschere who wrote (125)	8/16/2001 1:25:50 PM
From: Raymond Duray	Respond to of 555

Hi Daniel, . I trust the CPN management not to use this to only hype their stock. Why? The traditional pricing on Alcoa's PNW power is, as I recall, somewhere in the neighborhood of $15/Mwh from BPA. CPN can in no way match this low rate, especially if transmission is involved. And, especially if it is considering single cycle NG generation. The only economically feasible gas-fired generation has to be combined cycle at the pot line, and then you gotta ask why Alcoa wouldn't manage the plant with force account rather than contracting to CPN. Union issues? That's one reason to allow CPN on the property, I reckon. But I'd think the steelworkers would be loathe to have a non-union workforce working side by side with them. Interesting conjecture, though. Best, Ray :)