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Ferdinand E. Banks » Comments » ABB

  • Investing in the Smart Grid [View article]
    Pie in the sky is an appropriate name for the Smart Grid right now.
    The cost is going to be tremendous, and although the government should play a big part in such a project, they have other things to think about. Moreover, that expression 'smart grid' seems to have a large number of people who arn't sure as to what a grid is.
    Jul 12 09:46 am |Rating: +3 -1 |Link to Comment
  • Will Pickens' Scrapped Project Slow Wind Energy Momentum? [View article]
    More wind energy is needed, but not as much as Mr Pickens tried to sell, nor dummies in the environmental camp believe is viable. You don't need to know physics, nor engineering, nor economics, nor grade school arithmetic to learn that all the talk about wind is largely a scam - largely but not entirely. Just read what is written about it in reputable newspapers and magazines.
    Jul 09 10:13 am |Rating: +1 -2 |Link to Comment
  • How Carbon Caps Will Affect Utilities Sector [View article]
    Beautiful, I don't know about Spain, but nobody is going to convince me that wind in Denmark and Germany has a brilliant future. In fact, Ms Merkel is one of the most enthusiastic nuclear supporters.

    What wind has done is to make electricity in Denmark about the most expensive in the industrial world. Even if you don't read Danish you can find somebody important who will tell you that. As for the wind ambitions of Mr Pickens, the last I heard was that his project was going off the rails because he had a problem finding chumps to put up the billions that it will cost.
    Feb 09 09:50 am |Rating: +2 -1 |Link to Comment
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