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Stone
Axe Power Ranch, LLC |
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Stone Axe Power Ranch is planned focusing
on renewable electricity production and storage. For example,
wind, solar—thermal or photovoltaic, biomass, low-head
hydro, etc. Storage of this energy could occur in the
salt deposit under the property. NZ is currently working
with APS, SRP, TEP, Solargenix, and Scottish Power on
this strategy and have retained the renowned energy firm
of Navigant in Boston, MA to advise them on these potentials. |
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Power
Ranch Presentation |
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Energy
Reference |
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Pincock,
Allen and Holt, a division of Hart Crowser, Inc. prepares
a monthly newsletter highlighting current mineral and
energy trends, statistics and more. The following excerpts
were extracted from Pincock's April 2004, issue #53 of
Pincock Perspectives, titled "Energy and the Economy
- Market Forces at Work": |
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"We questioned whether power generation
was the most appropriate use of limited domestic natural
gas resources given its preferred status as a fuel in
other market segments such as residential and commercial
heating, its use in numerous industrial applications,
its critical importance as a feedstock in production of
plastics, explosives, fertilizers, and many other products,
and the availability of massive domestic coal resources
that could be used for power generation. |
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Relatively low cost power has been a
boon to the U.S. economy. Unfortunately, high natural
gas prices are already eroding these benefits." As
the Wall Street Journal noted in a February 17, 2004 article:
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"High natural-gas prices in the
U.S. are taking an increasing toll on a range of companies,
forcing them to change how they operate and even to shift
work to parts of the world where energy prices are lower.
For manufacturers...high natural-gas prices mean another
unavoidable cost that cannot be passed on to customers.
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"So while demand soared in recent
years, especially from a raft of new gas-fired plants,
producers have struggled with supply. Most North American
gas fields are years past their prime, and environmental
restrictions prevent drilling on many of the most promising
areas.The root of higher natural-gas prices is a federal
policy that promotes use of the relatively cleaner-burning
fuel without providing incentives or means for natural-gas
companies to increase production." |
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Coal and Energy Services Staff |
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