Note to investors and others, was Re: Power Plants (was Re: RANT)

From: Michael M. Butler (butler@comp-lib.org)
Date: Fri Dec 01 2000 - 10:01:34 MST


Note carefully that it's "Dynegy", *not* "Dynergy".

Some "powerplant" sites list www.dynergy.com, but that turns out to be a
website for some sort of Metabolife-like product. Eeesh.

I wanted to find out their stock ticker symbol. :) It looks like they
are working on a DRIP plan site. Hee hee hee.

> The truly cool thing about this technology is
<snip>
> "plug-and-play" construction. You can slap one together in SIX MONTHS
<snip>
> and the trend in power generation is a no-brainer to figure out.

Amen!

> Beyond this, the new breed of energy merchants like Dynegy (am I proud of
> them or what?) are in the process of completely revolutionizing the whole
> *culture* of energy production in the world. They're completely undermining
> the old, slow, heavily regulated monopoly utility way of doing business and,
> in the process, have laid the groundwork for a new way of looking at the
> over-all energy grid and market so that ANY new energy sources can be plugged
> in at ANY level. Thus, as new, smaller-scale generation nodes become
> technologically feasible (think home- and neighborhood-scale fuel cell and
> solar plants), the "grid" (in the broadest sense, including not just the
> physical infrastructure, but also the market network) can accommodate them.
> This was unthinkable just ten years ago.

What if they gave a monopoly and *everybody* came?

The dislocations people are whining about in the power industry are
real, and short-term, pure electricity consumers are feeling a pinch;
California's legislature is getting pushed to reregulate. Let's see what
plans they have for cogeneration, and who is greasing the wheels, shall
we?

Looking,

Mike



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