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It is going to be interesting to watch how the big players in electric
power generation are going to manipulate the numerous new technical innovations
in power generation, battery technology and hydrogen production.
The name of the game for the past 25 years has been " capturing revenue
streams". That means a market that produces a "sure nickel a day" forever. The
Europeans have been the masters of the game. Using the world bank as a lever,
they have succeeded in taking over many 3rd world country utilities including
water, telephone and electric power generation. In the USA, a major segment of
water utilities have been purchased and/or " franchised" or " privatized". GE
Water of Canada has become one of the leading players in the game. GE, spelled
GE Capital Corporation, the outfit that just made GM stock junk. The outfit that
produced the biggest Corporation on earth ( begins with W ).
Electric power generation new plant construction is stagnant while the
Enrons in the game reconfigure their position( with Bush help in tossing out EPA
rules).
Watch your local Interstate highway be " privatized" to an " operator" with
the power ro regulate tolls. Texas, Florida and Illinois have contract tollways
now with Cintra of Spain leading the pack. Spell tollways " revenue
streams".
Until the big players in the game have decided what the rules will be and
how the money is divided, there will be no push for alternate energy solutions..
Ditto Social Security.
The same events are unfolding in the insurance industry with the major
players like AIG and Warren Buffett. Over the past 4 years these groups have
moved some 25 trillions dollars in insurance assets ( General Re and others )
offshore and replaced the cash and equivalant with " derivatives" .. (IOU's to
Texans)..
I watch the posts and the questions regarding the " why's" things aren't
moving at warp speed to meet this century's demands for energy..
The new business model for " revenue streams' is awaiting.
Richard
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