Saturday, October 15, 2011
Mild Winters & Low Heating Bills Are A Thing Of The Past – “Rare And Exciting” In The Future
Some power companies figured out creative ways of exploiting the system. According to one story I've heard, one Swiss or Austrian company was buying cheap French nuclear power for 3 cents a kwh, used the power to pump water in to a high-elevation pump-storage reservoir, then ran the water through hydroelectric turbines and sold the energy as green power at exorbitant prices. I have no idea how true that story is, but it would not surprise me. After all, we do know that there is no shortage of climate scams.
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