From: GBurch1@aol.com
>This doesn't seem consistent with my experience. A large part of
>my law practice relates to construction of power plants,
>especially the new, smaller "merchant plants" (they used to be
>called "cogeneration facilities" -- a regulatory figleaf to
>protect these facilities from being trampled by the monopoly
>utility companies in the early days of gas turbine tech). My
>clients like Dynegy and Enron (to name just two of the dozens
>working in this field) are building 50-500MW plants in the US as
>fast as they possibly can; so fast, in fact that you can't get a
>new gas turbine generator (GTG) in less than two years for love or
>money.
>As for it being worth the investment -- look at Dynegy's stock
>price. Building smaller, more efficient, more flexible power
>plants is attracting a LOT of investment because it's very
>profitable right now. (It's also a LOT of fun!)
Great post Greg, this belongs on the InvestingNode... ;) By the way
who makes those GTGs anyway.....
Brian
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