GLG News by Nuclear Power Experts (North America)

The WSJ article of today on page A10 focuses on potential security issues related to global warming in under-developed countries, creating a hot bed for terrorists.   

It is about time the republicans say something positive about nuclear power other than they "support" it. If Senator McCain really wants to see a significant number of nuclear power plants come on line by 2030 the government has to play a major role in making this happens. I would like to see the concept...

    The input costs for utilities to generate electricity are up.  These costs include coal, transportation, natural gas, and power purchases.  There are no guarantees, however, that a regulated utility may pass along these costs as discussed in the commentary section.

    Wind power qualifies for production tax credits.  These production tax credits are set to expire on December 31, 2008 without renewal by Congress and the President.

    Bituminous coal prices have soared over 100% in the last year.  This is obviously bad news to electric consumers dependent upon utilities with a large exposure to coal-fired generation.  The run-up in coal prices could be a benefit to some utilities.

    As the article correctly points out, capital costs to build a new power plant have risen considerably since 2000; coal plants included.  It is not just the up-front capital costs that have affected decisions to build new coal plants as discussed in the commentary sectio...

The disagreement of the Russian shareholders Vekselberg, Fridman and Blavatnik with BP over the management and board structure of TNK-BP has reached its boiling point.  The Russian partners demanded the resignation of Robert Dudley CEO of TNK-BP(executive of BP) and equal board representation....

Profitless prosperity is the meager reward for the IC industry, as tool costs escalate while chip prices fall.  It is increasingly a consumer's market for electronics and equipment providers and employees of IC companies continue to pay the price.  The solar cell industry is an ever- promising...

The revolutionary green house bill, being proposed by Rep. Edward J. Markey (D-Mass) is just based on CO2 GHG (Green House Gas) global warming theories.  A new basic investigation of all GHG has to be conducted before any shortsighted and agenda driven legislation is being considered by any sane...

The Oil & Gas Journal article is of great interest.  I followed the recent Senate Judiciary Committee hearing on C-Span.  Due to election politics by the democratic members, some of their questions and comments were very testy and quite hostile.  Mr. John D. Hofmeister of Shell Oil...