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Gold/Mining/Energy : Copper - analysis -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (1523)	12/15/2006 6:59:58 AM
From: Bob Fairchild	Read Replies (1) \| Respond to of 2131

Unfortunately the production of electricity is wasteful in that it has to be used as it is produced as there is no way to store it. The problem is that you have periods of high energy demand and periods of low energy demand (ie. middle of the night). During periods of low demand a lot of plants have to be shut down or scaled down as far as electrical output is concerned because the demand for the elctricity is not there. In the case of an electrical plant on a river it would involved bypassing the turbine since the amount of water than can be satored is limited. This in itself is wasteful as this lost energy cannot be recovered. On the other hand, even though it takes a lot of energy to produce hydrogen, it has the advantage of being stored and allowing a more orderly distribution thru periods of high and low demand. What will help this scheme is the availability of cheap power in the form of nuclear energy. My opinion.