Nasadowsk wrote:Clean coal isn't going to happen. Utilities don't even want it, now. Plant cost is approaching that of a nuke, operating costs are higher, siting is almost as bad, there's almost as much liability. And a 'clean coal' plant still depends on coal deliveries every day or two. And the utilities are NOT happy with the way the RRs are treating them.
Put it this way: utilities are canceling their plans for 'clean coal' plants, and submitting applications to the NRC for nukes - there's licenses for 5 units in now, and another 15 or 20 expected by the end of next year. This is minus Watts Bar #2, which the TVA says they will start work on (again)( this January.
Carbon sequestering is a big question mark, the newer emissions controls are adding complexity and costs, and may not be enough, anyway. On the flip side, today's new nuke designs are simpler, safer, make less waste, and cost less.
Mr. Nas, if you held licensure as a Security Analyst, I think you would be putting out the SELL signal for BNI, CSX, NSC, and UNP.
While as an electrical production/transmission professional, you are less concerned about Chernobyl and Three Mile Island than "others amongst us' in that you are confident the industry has addressed the issues either disaster raised over twenty years ago, either would be the first thing "John Q" will remember when he realizes there is a proliferation of nukes about the land.
Regarding "Green", maybe Vice President Gore's award of the Nobel Peace Prize will raise awareness of this issue (even if the incumbent Administration has suggested such is a non-issue), John Q has yet to get the message, for as I learned from NBC News, only 25% of "spring" water bottles are recycled.
Nevertheless, the railroad industry appears to be at an "X-roads"; if "Green" is 'swept under the rug", and a year round Northwest Passage is navigable to maritime traffic, whatever hopes the industry has of a "land bridge' for Asian-European trade will be gone. That's high rated traffic, Volks. Conversely, the coal traffic, low rated lest we forget, will be safe.
If "Green" moves forth and the initiative includes Nuke (but I would also hope includes solar and wind), then the railroads will be clipped. However, with the track capacity freed from less coal traffic converted, with maybe a little effective marketing for once from the industry, to land bridge maritime traffic, and along with priority services such as that declined by UP from UPS (FedEX on the rails, who knows?) the coal revenue loss could be offset, if not recovered.
Oh and lastly, maybe more efficient handling of Amtrak LD (it ain't going away, even if I personally think it should have been gone thirty years ago) enabled by released track capacity, will result in more "copper in the hopper' in the industry's pockets.