GLG News by Nuclear Power Experts (North America)
January 21, 2008
Snowpack Could be Bright for Pacific Northwest Investor Owned Utilities’ First and Second Quarter Earnings
Analysis of:
Snowpack Brightens Power Outlook (www.missoulian.com)
Snowpack Could be Bright for Pacific Northwest Investor Owned Utilities’ First and Second Quarter Earnings
The Pacific Northwest has a tremendous amount of installed hydroelectric capacity. The first and second quarter earnings of the investor owned utilities in the Pacific Northwest very greatly with hydroelectric conditions. Preliminary reports are robust for the snowpack...
Analysis of:
New Coal ETF Offers Alternative to Oil (seekingalpha.com)
Van Eck’s Market Vectors Coal ETF (KOL) is designed to track the coal markets through the recently released Stowe Coal Index. The index is comprised of 60 companies around the world in the coal industry. Comments that follow discuss the...
Analysis of:
Gazprom to develop Nigerian gas reserves (business.smh.com.au)
According to the Australian article, Gazprom is in talks with Nigeria to develop their gas reserves in competition to the Western IOCs. The large natural gas reserves puts Nigeria in about the seventh position in the world.
Analysis of:
Oil and the Dollar (online.wsj.com)
The Wall Street Journal review of January 4, 2008 points out that - while rising demands for oil & gas in China and India and other geopolitical factors are viewed by many experts as the cause of the rise of the oil price to about $100/bbl - the decline of the dollar has been overlooked by many...
Analysis of:
Solar venture will draw on molten salt (online.wsj.com)
United Technologies Corp.'s Hamilton Sundstrand unit has performed over 48 years aerospace contracts and science R&D to help change the way electric power is generated from solar heat. The key is heat storage from molten salt, allowing the solar plant to run as a base load plant...
Analysis of:
ConocoPhillips Submits Proposal to Advance the Development of the Alaska Gas Pipeline Project (www.conocophillips.com)
ConocoPhillips responded to an RFQ from the State of Alaska with a pipeline proposal from Alaska to Chicago with an estimated budget of close to $40 billion. The proposal was not completely responsive to the RFP, but did not have any competitors.
Analysis of:
Russia suffers under Gazprom more than anybody - Unter Gasprom leidet niemand so sehr wie die Russen selbst (www.spiegel.de)
The German Spiegel article points out the inadequate gas supply for power production -electricity- to the Russian population in the mayor cities, and of course, more pronounced in remote areas. Today a supporting article was also published by the International Herald Tribune, entitled " The...
Analysis of:
South African Society of Metrics and Control - Aquisitions and Mergers (www.instrumentation.co.za)
I am a CEO in the automation business and previously in the Aerospace segment. I have followed Rockwell since it was based in Pittsburgh and know all the transformation that it has gone through ..I believe that since the acquisition off Allen Bradley and the divestiture of the Defense business to Boeing,...
Analysis of:
Hunt Family rushes in where big oil fears to tread (online.wsj.com)
Hunt Oil Company under the leadership of Ray Hunt is a privately oil and gas investment and exploration company that takes calculated and bold risks where the mayor oil companies have failed and/or stay away due to rough geopolitical and local issues. Now Ray Hunt has revived a natural gas / LNG...
Analysis of:
Duke plans to spend $160B next year on nuke plant (www.bizjournals.com)
A "new wave" of nuclear power reactors has arrived. Submittal of license applications by five major Utility companies and the anticipated submittal of 14-15 more will jump start the next round of nuclear power in the US. Coupled with the worldwide growth of the industry, the impact on the...
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