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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?


To: Frank A. Coluccio who wrote (20660)4/3/2007 9:20:58 AM
From: axial  Respond to of 46821
 
Hi Frank - Thanks for that. I wasn't aware of the TXU story, and I've passed it along to the bicycle riders in our Environmental Department.

"In other words, it’s a complicated, messy situation sure to take many twists and turns as it plays out over the next several months."

That statement can be extrapolated, can't it? The whole problem of energy, composed of many interrelated parts including production, consumption, transport, costs, and the downsides associated with each approach is complicated and messy. The future is not clear.

We're seeing the birth of many interesting technologies; not a moment too soon, either. Of course, the rising price of oil has been the impetus, so maybe the future is a little more predictable than we think.

Still, the changes anticipated in the next 100 years, as our children struggle with the decline in non-renewable resources, the increasing demand for energy, and a befouled planet will be huge: massive.

The companion to this realization is the thought that we've lived through a time of plenty unparalleled in human history, largely enabled by easy access to cheap energy. We were born into a cleaner world, where you could drink the water, and swim in it without fear. The occasional sunburn was a passing misfortune, no more.

Nobody really gave any thought to the amazing amount of easily-moved, easily-stored power in a jerrycan of gas.

We had it all, more so than any of our predecessors, and perhaps, our descendants. I wonder what future generations will say about our profligacy and carelessness.

The sky really was the limit, and it has told us what we've done.

At some point, things will normalize into a world different than the one in which we now live: one not goaded by the vision of constant growth, which is clearly unsustainable.

The intervening years will be difficult.

Jim




To: Frank A. Coluccio who wrote (20660)4/11/2007 12:44:14 AM
From: axial  Read Replies (2) | Respond to of 46821
 
TXU seeks to build biggest U.S. nuclear plants

"NEW YORK (Reuters) -- Utility company TXU, which scrapped plans to build eight coal-fired plants when it agreed to be acquired by two private equity firms, is now hoping to build the biggest nuclear power plants in the United States, said the Wall Street Journal.

TXU (Charts) has shifted its focus to nuclear power at a time when three other utilities have also said they may build nuclear plants in Texas, said the Journal, without citing sources.

The Journal said reactors selected by TXU would be designed and build by Mitsubishi Heavy Industries of Japan, and would be 50 percent bigger than TXU's current nuclear reactors."

money.cnn.com