billp37

Evergreen Solar's Long Term Outlook

No response to

home.comcast.net/~bpayne37/pnmelectric...

so far.

Also no response to

www.prosefights.org/nm...

so far.

Wall Street Breakfast: Must-Know News

"OMAHA, Neb., May 3 (Reuters) - Billionaire Warren Buffett on Sunday criticized some life insurers for taking on "crazy" financial risks by selling variable annuities, or retirement products that promised unrealistic guarantees to buyers.

The products are tied to stock market performance and in some cases guaranteed a certain periodic return, while principal could not be eroded by investment losses.

"I always thought they were crazy when they were doing it," said Buffett, at a press conference in Omaha, his hometown, because of the financial risks to the insurer.

Insurers such as Hartford Financial (HIG.N: Quote, Profile, Research) and Genworth Financial (GNW.N: Quote, Profile, Research) have been badly burned by over-selling these products, which performed badly as the credit crisis sent markets plummeting.


The industry’s retirement products guaranteeing minimum returns on equity-based investments were “crazy,” Buffett said today at a press conference in Omaha, Nebraska. Berkshire gets about half its profit from insurance, mostly from property and casualty coverage.


The industry’s retirement products guaranteeing minimum returns on equity-based investments were “crazy,” Buffett said today at a press conference in Omaha, Nebraska. Berkshire gets about half its profit from insurance, mostly from property and casualty coverage.

When insurers “tell the policyholder that he gets some of the up side and you take all the down side, that’s poison,” Buffett said. “That would be like a stockbroker telling you that he’ll pay you back if your stocks lose money.” "

www.bloomberg.com/apps...

Another Look at Geothermal Energy

According to pnm/epri geothermal HEAT RATE is 29,050 BTUs per kilowatt hour. The lowest of all technologies for generating electrictity.

home.comcast.net/~bpayne37/pnmelectric...

?

Alternative Energy Storage: Cheap Outperforms Cool

PNM has not responded so far.

home.comcast.net/~bpayne37/pnmelectric...

Forget Biofuels, Future Energy Architecture Will Have Solar at Its Core

Energy Myths and Realities
Keith O. Rattie
Chairman, President and CEO
Questar Corporation
Utah Valley University April 2, 2009

home.comcast.net/~bpayne37/pnmelectric...

Interview with Akeena Solar CEO Barry Cinnamon

seeking alpha altenergy nuking?

seekingalpha.com/artic...

Lawyer John Petersen may have nuked, figuratively speaking of course, a large portion of altenergy on Tuesday April 28, 2009.

Over 400,000 google [john petersen scam] hits as of Wednesday April 29, 2009 16:50.

Petersen, we previously identified, was an altenergy shill.

www.thefreedictionary....

How wrong we were.

Interview with Akeena Solar CEO Barry Cinnamon

"LOS ANGELES (Reuters) - First Solar Inc outshined rivals in the struggling solar power industry on Wednesday with earnings and revenue that blew past Wall Street estimates and sent its shares up more than 13 percent.

The results stood in sharp contrast to weak performances unveiled earlier in the day from solar players Renewable Energy Corp and Akeena Solar Inc, who have been hurt by plunging demand for solar panels due to a lack of available credit for new projects. ...."

uk.reuters.com/article...

The Plug In Vehicle Scam

"Wednesday April 29, 2009 17:023

Lawyer John Petersen may have nuked, figuratively speaking of course, a large portion of altenergy on Tuesday April 28, 2009.

Over 400,000 google [john petersen scam] hits as of Wednesday April 29, 2009 16:50

Petersen, we previously identified, as an altenergy shill.

www.thefreedictionary....

How wrong we were.

Critical comments on HEAT OUT = HEAT IN - heat loss can be directed to outstanding article Energy Efficiency: Semiconductors' 21st Century Challenge.

www.semiconductor.net/...

And these are smart engineer-educated guys.

But we are not above lobbing pointed comments. As you may realize."

home.comcast.net/~bpayne37/pnmelectric...

Wall Street Breakfast: Must-Know News

The Plug In Vehicle Scam

Listen up America – It's a scam! The emperor has no clothes! There is no such thing as a cost-effective electric vehicle that will carry a family of four at highway speeds. But the cautionary if not downright conservative analysis from sources as diverse and credible as the Department of Energy, the White House and Carnegie Mellon University somehow manages to get lost in a media sideshow that focuses on scientific breakthroughs that promise a 5-minute recharge time for batteries nobody can afford to buy.

seekingalpha.com/artic...

made a splash today.

Thoughts on the Current Restructuring of Global Oil Demand

"a barrel of oil’s 5.8 million BTU" is another of Macdonald's statements of the importance of heat in generating energy.

We're suspicious, from reading some Internet posts, that solar and wind don't have enough BTUs IN to make much of a practical difference.

Important post may be

"fast neutron
Santa Fe, NM
January 12, 2009

From actual experience, wind farms produce 1.2 watts per square meter. Solar Thermal and Photovoltaic methods capture 5 to 6 watts per square meter. There is no economy of size in either technology. Dividing the watts you need by those values gives the land area in square meters needed to produce the juice. The numbers are astronomical "

www.topix.net/forum/so...

Another is

"Chairman, President and CEO Questar Corporation Keith O. Rattie said on April 2, 2009

Why did my generation fail to develop wind and solar? Because our energy choices are ruthlessly ruled, not by political judgments, but by the immutable laws of thermodynamics. In engineer-speak, turning diffused sources of energy such as photons in sunlight or the kinetic energy in wind requires massive investment to concentrate that energy into a form that's usable on any meaningful scale. "

So we are pursuing study, on Internet, of BTUs IN for comparison to claims of electric energy OUT [1 kWh = 3412.14163 BTU] for various technologies.

Reasons include:

"Solar Array is the fourth solar manufacturing venture planned, under construction or operating in New Mexico, joining Schott Solar, Advent Solar and Signet Solar."

"TEMPE, Ariz., Mar 24, 2009 (BUSINESS WIRE)

The agreement, which represents the largest PV contract by an electric cooperative in the U.S., calls for First Solar to engineer, procure and construct (EPC: undefined, undefined, undefined%) a 30 megawatt AC (MW: 14.92, -0.7, -4.48%) ground-mounted PV power plant in northeastern New Mexico. "

We are also looking at BTUs OUT for fusion energy.

"A megaton of TNT or megatonne of TNT is a unit of energy equal to 10^15 calories, also known (infrequently) as a petacalorie, equal to about 4.184 petajoules."

Fired Los Alamos physicist Dr Pedro Leonardo Mascheroni gave me a lecture some years ago at the University of New Mexico library on his ideas for sucessful fusion electric energy. In his words, a stronger match is required to ignite fusion.

Fusion works

www.prosefights.org/nm...

in some applications.

Sempra Wants 300MW Plus of Solar in Arizona Desert

Wouldn't all of these collectors be considered some kind of environmental menace capable of changing the local climate?

We suspect that some at PNM may be incorrect that HEAT RATE is not applicable to solar and wind.

"With heat storage, solar thermal (or CSP, Concentrated Solar Power) can produce power at night, dispatchable power. Plants are being built with 6 hours heat storage now. Industry people and the NREL say much more is feasable, up to 12 hours storage."

"[A]t the final session of the electric irp Ms Evlin Wheeler asked participants if they would like to be involved in PNM's solar project.

I reponded affirmative.

I did not receive any information about this project, so I phoned Mr Greg Nelson on April 6, 2009 and left a message on his recorder.

Mr Nelson returned my phone call on April 8.

He told me that solar project negotiations were confidential, we would not receive any written information on the solar project, and that we may hear a public announcement in perhaps July 2009.

We feel that a feasibility study of solar electric generation technologies would help PNM, its stockholders, the Obama administration and others make the best decision possible either to invest in or purchase solar electricity generation technologies.

Chairman, President and CEO Questar Corporation Keith O. Rattie said on April 2, 2009

Why did my generation fail to develop wind and solar? Because our energy choices are ruthlessly ruled, not by political judgments, but by the immutable laws of thermodynamics. In engineer-speak, turning diffused sources of energy such as photons in sunlight or the kinetic energy in wind requires massive investment to concentrate that energy into a form that's usable on any meaningful scale. ..."

home.comcast.net/~bpayne37/pnmelectric...

Solar Panels and Parking Lots: An Extraordinary Dual Use

"megawatts of clean solar power"

How many megawatt HOURS?

"I have several questions regarding performance of PNM's Algodones solar array.

Second purpose of this email is to submit a complaint and a proposal to Mr Sterba regarding solar-generated electricity.

First the questions.

1 What is the purpose of the PNM Algodones solar facility?

2 Is the PNM Algodones solar facility connected to the grid?

3 What is the CAPACITY FACTOR of the PNM Algodones solar facility by month from September 2007 through March 2009?

Please provide a plot similar to the ITRON SGIP Figure 3-1.

4 How many kWh [kilowatt HOURS] of electricity per month from September 2007 through March 2009 does the PNM Algodones solar facility produce? Table presentation please.

5 What is the average peak output [kW] of the PNM Algodones solar facility for each hour [24] for each month of the year from September 2007 through March 2009? Table presentation please."

mywebpages.comcast.net...

No response from Don Brown so far. :-)

Though Newer Sources of Power Are Being Built, Coal Remains a Cheap BTU

BTUs are not of concern for solar and wind electricity generation according to SOME at PNM.

We, however, currently believe that HEAT RATE does apply to solar and wind generated electricity.

home.comcast.net/~bpayne37/pnmelectric...

Three Reasons to Be More Bullish on Natural Gas than on Oil

"The current situation is that about 45% (from 1,606 to 884) of U.S. rigs have been shut since September 2008. Drillers need to add more than 3.5 bcf/day to offset declines and this means that the gas production going forward will decrease, at a faster pace than demand. This will naturally in due time, lead to higher natural gas prices. Natural gas futures for delivery in January 2010 are trading at a 49% premium to the April contract."

safe-and-cheap.blogspo...

Interview with Syntroleum VP Ron Stinebaugh

Here's another New Mexico energy idea - along with fusion energy at Los Alamos and Sandia labs.

"Brown explained: "Once you have the algae, you dry it and separate the lipids (the plant's oils) from the algae cake. Our first phase ... is to produce algae lipids out of which jet fuel would be produced. We have other strategic partners who have the capability of converting that to jet fuel, then we'll take that to another partner and get it certified. Once that's done, we'll marry up the processes." "


home.comcast.net/~bpayne37/pnmelectric...