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

To: quehubo who wrote (57896)	1/26/2006 1:46:20 PM
From: Ottrose	Read Replies (1) \| Respond to of 206272

The PR was unclear whether it was the 3000 MW or the 9000 MW that represented the 5%. The environmental community has been a conceptual friend to renewable energy and a practical enemy, for several reasons. First, they have consistently overstated the role of each of the r.e. technologies in the near-term and the long-term. Second, national groups support renewables, but local env groups frequently oppose renewable PROJECTS. The NIMBY to BANANA movements affect more than just large-scale conventional plants. Some will always want to stop a coal plant because it is a plant, not just because it's coal. Same with wind. I would submit that separating the energy source from the politics of energy is helpful in any analysis that may contribute to investment decisions on this board. I would submit that wind can reasonably supply 5 to 10% of the nation's energy (though not as much capacity) over the next several decades, and each kwh will more likely supplant NG than any other fuel source because wind's low marginal cost can be compared only to a fully capitalized dam or nuke plan.

To: quehubo who wrote (57896)	1/30/2006 1:08:16 AM
From: Snowshoe	Read Replies (1) \| Respond to of 206272

The Dow Jones Newswire item misquoted the AWEA press release, and over-estimated the ng savings per MW of windpower by 200%. Here is what the original AWEA press release said: "AWEA estimates that an installed capacity of 9,149 MW of wind power will save over half a billion cubic feet of natural gas per day (Bcf/day) in 2006, alleviating a portion of the supply pressure that is now facing the natural gas industry and is driving prices upward. The U.S. currently burns about 13 Bcf/day for electricity generation, which means during 2006, wind power will be reducing natural gas use for power generation by approximately 5%." awea.org This is how the Dow Jones reporter mangled the story: "According to an American Wind Energy Association (AWEA) report released Tuesday, a record 3,000 megawatts of new capacity will be installed in the U.S. in 2006, enabling the world's biggest energy consumer to lessen its consumption of costly natural gas by 5% and cut down on carbon dioxide emissions." Message 22095731