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  • Raser Technologies: The Long Case [View article]
    Actually, the Amp purchase was announced in January, 2006:

    www.rasertech.com/news...

    ...prior to that there was mention of Amp or geothermal anywhere I
    could find...and that deal was highly suspect given that Brent Cook was
    Raser's CEO and ALSO was a 2% partner in Amp at the time of the deal:

    www.secinfo.com/d2U1m....

    ...and this was made even more suspect when Amp ended up being sold to
    Enel for 70 million -- far less than the 260 million the RZ deal was
    going to cost:

    www.reuters.com/articl...

    www.altenergystocks.co...

    ....with regards to Chena, indeed the cold water source is quite cold
    and Chena DEPENDS on that for function of the purecycle plants through
    the Alaska summer...but that's also why the ONLY purecycle geothermal
    plant in the world is located in Alaska...for nine months they can use
    cold AIR...and two pumps operating for just three months doesn't pose
    much environmental risk nor much risk to the water table...and remember
    that it's the DIFFERENCE in temperature between the hot source and the
    cold source that determines the efficiency of the purecycle plant...there
    isn't much cold air in the southwestern desert and I question whether
    RZ be able to find a cold source sufficient to operate the purecycle
    plants...nothing RZ has published indicates RZ has any interest in these
    details...and I believe the reason is that they don't care because they
    don't intend to ever actually operate geothermal plants...it's just an
    "idea" to pitch to suckers.
    Mar 26 17:00 pm |Rating: 0 0
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