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

To: Bearcatbob who wrote (178915)	6/10/2013 11:26:51 AM
From: Dennis Roth	1 Recommendation Recommended By evestor Respond to of 206168

Yes I saw that. This article points out that the permanent closure of San Onofre will increase demand for natural gas. Nuclear plant shutdown to increase California's reliance on natural gas June 09, 2013\|Scott DiSavino \| Reuters articles.chicagotribune.com ...While the grid agency has warned that the loss of San Onofre could cause rolling outages this summer as use of air conditioners soars, old and new power plants fueled by natural gas will likely pick up the slack... ...Because the San Onofre reactors have been shut since January 2012, analysts said there should be little immediate impact to electricity or gas markets from SCE's decision not to seek regulatory approval to restart the nuclear plant. "We kind of knew San Onofre might not come back this summer. Now we know for certain," said Paul Patterson, energy analyst at Glenrock Associates in New York... ...In Southern California alone, new generation includes three gas-fired plants - Edison Mission's 500-MW Walnut Creek plant and Competitive Power Venture's 850-MW Sentinel plant. NRG's 550-MW El Segundo plant is expected to be in service soon...