General Electric's €340 Million Wind Turbine Experiment [View article]
Very true too. Virtually ever new energy source that comes along requires substantial fiscal support until economies of scale are reached or the technology is superseeded. Interesting to see if the same debate kicks off with Fusion power in another decade or two...
General Electric's €340 Million Wind Turbine Experiment [View article]
Good point Epeon, there is clearly a lot of state financial incentives in place to develop wind projects, and without it the sector would never have got off the ground.
General Electric's €340 Million Wind Turbine Experiment [View article]
Wow, pretty strong views! Only time will tell if wind power is a long term commercial solution. The industry really still is in its infancy, and company's like Zenergy may play a part with superconducting copper wires, but yes nuclear is cleary more established with a long track record. It is worth noting that the UK and France are big nuclear power producers, and will continue to be despite the push into renewables like offshore wind.
General Electric's €340 Million Wind Turbine Experiment [View article]
Something Europe has been doing for decades, Italy has significant gas production, and Europe is connected into several North African countires, espeically Algeria, to tap gas potential. Problem is Europe's oil and gas basins are mature which means increasing depence on Russia for gas, hence the big push into renewables to try and curtail dependence on energy supplies from outside the EU...
Moly Mines Gets Big Boost From China [View article]
I think it would be fair to say that the news was mostly priced in already, as they have been in discussions for sometime now with Hanglong Mining about this deal. That's my guess anyway...
Europe: Is Prosperity Possible With One Currency, Multiple Governments? [View article]
My thoughts exactly Thomas. United States has had plenty of time to adopt its state and federal system, and there is a strong sense of being "American" no matter what part of the country you live in, similar situation in Canada with its provinces. But in Europe, you have seperate countries, with very different histories, languages and ideals trying to act as one. It's always going to be messy, and one has to wonder if it really has worked?
Too Soon to Value Nexen / Shell Oil Strike in Eastern Gulf of Mexico [View article]
Sound about right Jeep, always difficult to tell, but it must be a material discovery or Nexen wouldn't have made the effort to announce. That suggests, as you say, at least 100 million barrels, but I would pluck for a higher number myself...
Too Soon to Value Nexen / Shell Oil Strike in Eastern Gulf of Mexico [View article]
I would tend to agree with Jeep on this one JK. Proximity to consumers is key factor as the company doesn't only want the best price, but the buyer who will pay the quickest. Exporting oil and gas to China fromt the Gulf of Mexico is more costly due to the shipping rates, whereas selling to refineries in the Southern United states,well, all the infrastructure is virutally in place already.
Rio Tinto / Chinalco Deal Could Have Wider Influence on Australia / China Relations [View article]
China certainly has the cash, but Australian has shown itself to be pretty tenacious in standing up to its larger trading partners whims, at least so far.
AFC Energy and WSP Group to build fuel cell power station [View instapost]
Hi Dopamine,
Yes correction seems to be slowly sorting itself out. Especially good to see a lot of small cap stocks raising capital in the first quarter. Sorry for the delayed reply, only just figured out how to do it! LOL
General Electric's €340 Million Wind Turbine Experiment [View article]
General Electric's €340 Million Wind Turbine Experiment [View article]
General Electric's €340 Million Wind Turbine Experiment [View article]
General Electric's €340 Million Wind Turbine Experiment [View article]
Europe: Is Prosperity Possible With One Currency, Multiple Governments? [View article]
China Automotive's Revenue Growth Decelerating [View article]
Moly Mines Gets Big Boost From China [View article]
Europe: Is Prosperity Possible With One Currency, Multiple Governments? [View article]
Too Soon to Value Nexen / Shell Oil Strike in Eastern Gulf of Mexico [View article]
Too Soon to Value Nexen / Shell Oil Strike in Eastern Gulf of Mexico [View article]
Rio Tinto / Chinalco Deal Could Have Wider Influence on Australia / China Relations [View article]
All eyes on Greenland Minerals and Energy in 2010 [View instapost]
Shanda Games acquires Mochi Media for $80 million in cash and equity [View instapost]
AFC Energy and WSP Group to build fuel cell power station [View instapost]
Yes correction seems to be slowly sorting itself out. Especially good to see a lot of small cap stocks raising capital in the first quarter. Sorry for the delayed reply, only just figured out how to do it! LOL