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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (40775)	3/24/2005 9:44:13 PM
From: ChanceIs	Read Replies (1) \| Respond to of 206223

I am not so sure power demand will continue to be strong...... Remember these days...."over a hundred billion dollars must be put into new power generation capability by 2010 to meet demand"??? I was looking at my SI mailbox from back in '99. A lot has changed since then. ___________________________________________________ A rebuttal of coal and big endorsement of Nat Gas! Friday July 9, 11:40 am Eastern Time Company Press Release SOURCE: Allied Business Intelligence, Inc. Expect Deadly Energy Shortages - They Are Here to Stay, ABI Says OYSTER BAY, N.Y., July 9 /PRNewswire/ -- The phrases are now familiar: ``rolling blackouts,' ``low voltage,' and ``brownouts.' All of the terms will become more common due to one fact: the next five years will be filled with nationwide energy shortages caused by an unprepared US power industry. ``These energy shortages are just symptomatic of a situation that is going to get much worse before it gets better,' said ABI senior analyst Mike Kujawa. Kujawa authored a recently released ABI report which spelled out how the nation's energy demands are now exceeding the existing energy supply. In anticipation of the new competitive nature of the energy industry, utilities stopped building power plants about a decade ago, waiting to see how the new world of deregulation panned out. However, the booming economy of the past ten years saw energy needs continue to grow at a rapid pace. As billions of dollars are invested by 400 independent power producers nationwide, still not enough is being done. The study shows that over a hundred billion dollars must be put into new power generation capability by 2010 to meet demand. more..... Message 10445532

To: Think4Yourself who wrote (40775)	3/24/2005 11:19:55 PM
From: gg cox	Respond to of 206223

Electric bills soaring: LIPA -------------------------------------------------------------------------------- Mar 23, 2005 - Daily News, New York Author(s): Carrie Melago -------------------------------------------------------------------------------- Mar. 23--From cell phone chargers to hot tubs, Long Islanders' high-tech gadgets and extravagances are causing electric bills to skyrocket, a new Long Island Power Authority survey says. From 1997 to 2003, average household electric usage jumped a whopping 20.4 percent in Nassau and Suffolk, according to an annual survey released yesterday by the LIPA. "We're seeing an explosion in the use of electricity in homes here on Long Island," said LIPA Chairman Richard Kessel. And while Kessel encouraged Long Island's 2.81 million residents to seek out energy-saving appliances, he also acknowledged that the nonprofit LIPA needs to change if it wants to keep up with Long Island's ballooning power needs. "We've got to keep up with the growth of the use of electricity," he said. "For all we've done, it's not enough." The usage data -- a first in the annual population study -- shed light on how average households have been transformed by technological advances from 1997 to 2003. Ever-expanding homes accounted for the largest chunk of the increased consumption. Houses have grown by an average of 150 square feet -- or 25 square feet per year -- which bumps lighting usage up 274 kilowatt hours annually. More than 18 percent of the total household increase can be pinned on air conditioners, while wide-screen TVs and other forms of entertainment were responsible for 16 percent of the increase. Personal computers, cell phone chargers, answering machines and even hot tubs added to the usage spike. Though Kessel asked consumers to seek out efficient Energy Star products -- which could result in a rebate from LIPA -- he wasn't simply blaming energy consumers. Kessel acknowledged that the nonprofit needs to explore more renewable energy sources to keep up with consumption, such as relying more on power garnered from the sun, wind or fuel cells. "I believe we have to make those investments," he said. -------------------------------------------------------------------------------- powermarketers.netcontentinc.net