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Old 08-09-2015, 04:53 AM   #1
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Default Coal Vs Gas as a power source .

I had been thinking that at some point the plunging price of coal might
make investing in coal mines a wise choice , now I am not so sure .

Apparently gas driven ''Combined-Cycle Power Plants'' are a supper
efficient alternative and gas is now very cheap . More reading needed .

If anyone has cost comparison data please do make a post .

A combined-cycle power plant uses both a gas and a steam turbine
together to produce up to 50 percent more electricity from the same
fuel than a traditional simple-cycle plant. The waste heat from the
gas turbine is routed to the nearby steam turbine, which generates
extra power

Sourced from GE promotional material found here .

All paper is a short position on gold . “Gold is money. Everything else is credit.”

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Last edited by Ross; 08-09-2015 at 04:59 AM.
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