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GDP, M&A, EBITDA, P/E, NASDAQ, Econo-thread Part 13

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  • Originally posted by DanS Edit: On North Korea, he has successfully realigned US and Japanese interests on the issue, and gone a long way to doing so with South Korea and China. This administration has been busy!
    I'm not denying they have been busy, just saying there are constraints to what they can do. I think you know just as well as I do that the White House would prefer to bomb their nuclear facilities to rubble.
    DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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    • Don't be angry at me Dan.
      DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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      • I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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        • A random question on another subject entirely... Now that interest rates are about 1% off of post-war lows (at least in the States), wouldn't it make sense for us to look at new nuclear power projects?
          I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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          • How is one connected to the other?
            DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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            • The majority of nuke costs are in the initial construction, while the majority of both coal and natural gas costs are in the fuel (natural gas bearing the least on the initial construction). Because of this fact, the cost per kwh of nuke power and its relative attractiveness versus coal and natural gas is heavily dependent on interest rates.

              Another question is why Japan, who has such low interest rates, doesn't have a higher proportion of nuke use (~30% of generation, IIRC).
              Last edited by DanS; May 24, 2003, 22:42.
              I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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              • Interesting, hadn't thought of that. But debts can also be made because of restocking, replacing/modernising equipment or expanding generation capacity. (though I wouldn't know whether that outweighs debt on initial investment)
                And when it concerns costs on fuel, solar, wind or hydro seem just as interesting. Or even fuel cells.
                DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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                • Originally posted by DanS
                  Another question is why Japan, who has such low interest rates, doesn't have a higher proportion of nuke use (~30% of generation, IIRC).
                  Damn you.

                  IIRC they've been expanding their nuke capacity lately. (lemme see if I can find anything on that)
                  DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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                  • Solar and wind are very expensive nowadays, even though the costs have been falling quite a lot. The load for nuke power plants could probably be increased (reducing the costs per kwh) by using them to generate hydrogen for fuel cells. 15-25 year time-frame.
                    I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                    • From the archive of the Economist:
                      ELECTRICITY GENERATION  

                      Despite the fuss over global warming and excitement over renewable energy, developed countries are still relying heavily on fossil fuels to produce electricity, according to a new report by the OECD. There has been a steady growth in the use of wind and solar energy, but renewables accounted for only 2% of total electricity production in rich countries in 1997. In contrast, fossil fuels—coal, oil and gas—still accounted for 60% of electricity generation in 1997, as they had done a decade earlier. The debate about phasing out nuclear power, which is particularly heated in Germany, comes on the heels of a dramatic rise in its use. The rise in nuclear electricity in the ten years to 1997 was led by Japan, where it grew by 70% in kW-hour terms, France (50%) and America (40%).

                      And now I'm going to bed, hopefully I'll be able to say something sensible tomorrow.
                      DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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                      • Hmm... The US. The common rhetoric suggests that we haven't built a new plant since the early 70s. Wonder why the factual disconnect.
                        I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

                        Comment


                        • Originally posted by DanS
                          Solar and wind are very expensive nowadays, even though the costs have been falling quite a lot.
                          True, solar and wind are usually still more expensive than fossil fuels, but according to your reasoning their rendability should increase in the same proportion as nuclear, if not more.
                          One big advantage of wind and solar is that you can invest on a very small scale, you don't lose too much scale of economy by installing a single solar panel.
                          Banks aren't very willing to finance nuclear plants since even small ones entail a very large generation capacity. And also because have to deal with insurance against accidents and waste reprocessing. (if a blade falls of a wind turbine, it's not likely to kill anyone )

                          Those are my thoughts at least, maybe you should ask someone like MtG after his opinion.

                          The load for nuke power plants could probably be increased (reducing the costs per kwh) by using them to generate hydrogen for fuel cells. 15-25 year time-frame
                          How so?

                          Hmm... The US. The common rhetoric suggests that we haven't built a new plant since the early 70s. Wonder why the factual disconnect.
                          Maybe total generation increased because they've expanded capacity at existing plants?
                          DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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                          • I know we need some more plants in California, but from what I hear they aren't being built as fast as they should be, even with the low interest rates.
                            I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                            - Justice Brett Kavanaugh

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                            • Originally posted by DanS
                              A random question on another subject entirely... Now that interest rates are about 1% off of post-war lows (at least in the States), wouldn't it make sense for us to look at new nuclear power projects?
                              MtG can elaborate I'm sure, but the higher costs of Nuke are probably some in construction (where debt would factor) but moreso in ongoing maintenance - so it may not be affected as much by lower rates.
                              Be the bid!

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                              • IIRC, the hidden cost of our own Ignalina nuc plant is in the fact that we accumulated the sinking fund for its decommissioning for only about the last 5-7 years, while it operated for over 20 now.

                                How is it elsewhere? How is the future need for decommisioning/refurbishment dealt with?
                                Originally posted by Serb:Please, remind me, how exactly and when exactly, Russia bullied its neighbors?
                                Originally posted by Ted Striker:Go Serb !
                                Originally posted by Pekka:If it was possible to capture the essentials of Sepultura in a dildo, I'd attach it to a bicycle and ride it up your azzes.

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