Wall Street in a Buzz Over Power Biz
The hook to this whole thing is that the infrastructure of the country isn't correctly designed for this massive demand. We need more power, more uninterruptible power and cleaner power. There are solutions and they're expensive, but they're cheaper than the problems that come with losing power.
The hook to this whole thing is that the infrastructure of the country isn’t correctly designed for this massive demand. We need more power, more uninterruptible power and cleaner power. There are solutions and they’re expensive, but they’re cheaper than the problems that come with losing power.”
This pronouncement, relayed on TheStreet.com, is from John Hammerschmidt, lead manager of the Turner New Energy & Power Technology Fund, which was launched in late February. A lengthy article available on the free online service discusses a variety of alternative power sources including fuel cells and microturbines. Hammerschmidt compares Capstone Turbine’s prospects with those of General Electric in the microturbine space: “Capstone is the first mover, and what they have is superior to what GE has, but GE could catch up.”
Find the article online at: www.thestreet.com/funds/fundjunkie/1278696.html .
From Pure Power, Summer 2001.
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