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By the way, if we start forcing energy intensive industry to pay for power depending on demand they'll just build their own power plants to avoid the hassle and volatility.
That's a problem?
by Colman (colman at eurotrib.com) on Tue Oct 31st, 2006 at 01:04:41 PM EST
[ Parent ]
Well, not generally, but it would be in Sweden as all power plants are owned by a handful of oligopolistic power companies (private and state owned, all evil) while new power plant construction in practice is illegal.
 

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Tue Oct 31st, 2006 at 01:07:14 PM EST
[ Parent ]
That's  effectively how the new Finnish nuclear plant is built - with long term supply contracts with several energy intensive industrialists (pulp and paper mills and a couple others).

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Oct 31st, 2006 at 02:14:22 PM EST
[ Parent ]
Yep, they are on the same market as we are as there in effect is no Swedish power market but only a Nordic one.

Or well, it's not really long term supply contracts is it? Isn't it more like owning the shares gives you a certain power quota? 10 % of the shares gives 10 % of the generated power (about 1,3 TWh) and any power not consumed by the shareholder is sold on the market. And the big industries own all the shares of this in effect not-for-profit nuclear plant.

By the way, it would be great if it would be open to small investors. What a great way to hedge against rising power prices, just buy one millionth of the shares of the new reactor and get power for free, so to speak. Any surplus power is sold on the market.

A one time payment of maybe €3000 (=13 MWh per year as long as you hold the shares) and no more power bills for me. And then you also get value if shares prices rise, as they are bound to do due to peak oil.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Tue Oct 31st, 2006 at 03:19:40 PM EST
[ Parent ]
And of course you can always sell the shares later if you'd like.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Tue Oct 31st, 2006 at 04:00:27 PM EST
[ Parent ]

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