Once in a Lifetime: Enabling Technology Risk in the Power Industry

Newcomers to the power industry are often staggered by the sums of money involved.

For example, US$500,000,000 – half a billion dollars – buys a medium-sized combined-cycle gas plant. Not big, just medium. And it gets worse: that same half billion would buy a relatively small solid fuel plant, especially if you use the latest higher temperature, lower pollution (more…)