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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (353239)	10/2/2007 2:05:39 PM
From: Joe NYC	Read Replies (1) \| Respond to of 1575182

Tim, If OTOH you replace a coal plant with a nuclear plant when it gets old and reaches the end of its normal life time or reaches a point where it would need an extensive overhaul and upgrade, than the additional costs would be reasonable. That would be the normal cycle, given that Bush energy initiaitves made construction of nuclear power plants possible again. But the bigger incentive is that cost of natural gas has risen so high that it is 4x the cost of coal, and nuclear is a fraction of coal (what fraction depends of who's estimates you are using). The long term trend to oil and gas prices is certainly up. Currently, with nuclear being such a small percentage of power generation, the operators are just reaping profits, but once there are more nuclear power plants, there will be a pressure on electricity prices, and operating natural gas plants will be just un-economical. Joe