aquaculture

Italy Joins the Nuclear Thaw

But naked: it IS market priced. The only remaining issue is interest rates, but this leaves Raser (RZ) even in a better position: they allready have the financing (in addition to the utc technology, the land rights and since last week, a working powerplant!)

sciam.com/article.cfm?...

Best wishes,

aqua

Italy Joins the Nuclear Thaw

Fran:

The point of the link was to show that technology progesses very rapidly as long as we continue to embrace freedom.

To answer your question.
Sirex (owner of the drilling technology) and Vlocity Holding inc. (a geothermal developer) have formed a U.S. consortium with an Indonesian investment firm (private equity) to build the world's first geothermic powerplant at lapindo, Indonesia where it will deliver power at 2-3 cents/kwh.
Several South-East Asian countries have either approved funding and permitting or are in various stages of commissioning.

The turbojack/vertical tunneling concept was invented/developed by the physicist Dr. Sieke who also invented the ramjet.

I myself invest in RZ (they have over 3 mln acres of geothermal rights) who have a different modular low temp. approach. They have completed their first plant.

According to Credit Suisse geothermal power is now cheaper than coal.

Best wishes,
Aqua

Italy Joins the Nuclear Thaw

youtube.com/watch?v=0i...