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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (11924)	8/1/2009 1:08:42 PM
From: teevee	5 Recommendations Respond to of 86352

If you want to do a favor for the next generation, you'd focus upon building out extensive baseload power for industry to rely upon. Build the power, price it right, and industry will locate there and provide jobs. Well said. From a historical perspective, 50 - 70 years ago, when money was also cheap, gov't and industry leadership had the for sight to overbuild base load capacity. This was deliberately done to accommodate economic growth for the next 3 decades or more. The resultant over capacity kept energy and key metal (steel, copper, lead, zinc) commodity prices low for over 30 years. In the 1990's, when nat gas was very cheap, base load capacity was no longer sufficient, and money was expensive, the solution was small, quick to build, comparatively low cost nat gas power turbines which could be turned on for peak energy consumption periods. Although nat gas turbine generated electricity was much more expensive than base load power, the price was blended, or averaged in. Now that money is cheap again, history tells us all it is an opportune time again to rebuild, expand and over build base load capacity. THIS IS AN ISSUE OF NATIONAL, ECONOMIC AND STRATEGIC IMPORTANCE-PUBLIC AND PRIVATE SECTOR LEADERSHIP MUST LOOK BEYOND THE NEXT QUARTERLY AND ANNUAL STATEMENTS.