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2006-02-16 China-Japan-Koreas
Ertan dam's market failure
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Posted by Alaska Paul 2006-02-16 18:42|| E-Mail|| Front Page|| [336079 views since 2007-05-07]  Top

#1 Ah, I love the smell of socialism in the morning!
Posted by Bobby 2006-02-16 19:49||   2006-02-16 19:49|| Front Page Top

#2 I'm going to have to disagree here. I'm not in favour of governments doing most things, but there some things that governments are particularly well suited to do, and one of them is carry the financial risks of large infrastructure projects.

Large scale hydro is far and away the cheapest means of generating electricity and over time will be hugely profitable. The problems of oversupply and market distortions are strictly short term.
Posted by phil_b">phil_b  2006-02-16 20:54||]">[]  2006-02-16 20:54|| Front Page Top

#3 I agree, when you build something as hugely expensive as a dam and generating station you MUST make the project many times larger than the current need, or ten years down the road you're out of power.

A good idea would be to build the dam and powerhouse, but only 2 turbines. With plenty of room and design features allowing more turbines as need increases, say ten pentstocks leading to turbine wells, with huge shutoff valves, or welded closed pipe ends for future turbines to be installed.

Ther's no such thing as obsolescence here, the turbines are custom built for each given head, flow, and generator requirements. So build them as needed.
(Dad was a Civil Enginer, Army Corps of Engineers, a lot soaked through)
Posted by Redneck Jim 2006-02-16 21:16||   2006-02-16 21:16|| Front Page Top

#4 Of course, having Paul Wolfowitz as head of the World Bank would have nothing to do with encouraging the Chinese to horribly overextend themselves, now would it?
Posted by Anonymoose 2006-02-16 21:28||   2006-02-16 21:28|| Front Page Top

#5 Who's overextending themselves, the Chinese or the World Bank?
Posted by Phil 2006-02-16 21:37||   2006-02-16 21:37|| Front Page Top

#6 welllllll in the NEXT 5-year plan, they plan to...
Posted by Frank G">Frank G  2006-02-16 22:26||   2006-02-16 22:26|| Front Page Top

00:00 JosephMendiola
23:48 Frank G
23:39 Sandy P
23:38 mac
23:28 Frank G
23:27 Frank G
23:24 Bomb-a-rama
23:10 Sock Puppet O´ Doom
22:58 Monsieur Moonbat
22:47 Monsieur Moonbat
22:36 gromgoru
22:31 Frank G
22:31 ed
22:30 Frank G
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22:20 Captain America
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