03-02-2019, 03:55 AM
(03-02-2019, 12:35 AM)fenders53 Wrote: You have mentioned you are averse to utility investing. With a better understanding of our legal monopoly in the US, you might consider throwing a few bucks in one of our majors, or maybe not.
Actually I quite like utilities but when it comes to electricity generation you need to be really really careful. Renewables are certainly a fad right now but it is still very much a political game. Natural gas is looking good for the moment (in my opinion) but it's not exactly clean either and it's not exactly easy to replace coal with it as the gas turbines are much more geared towards peak load while coal is used exclusively for base load. But on some level it's doable and it's already being done, I googled it and 2015 was the first year that gas power plants had an uptime of over 50% in the USA. Nuclear is absolutely amazing but the massive upfront costs do not fit together with how fast politics change. As funny as it sounds, electricity generation is driven by politics instead of economics.
Monopolies are always nice and handy.
I wouldn't mind investing in a company that deals with transmission of electricity. And I'm already quite heavily invested in the water side of things as I believe it's much much safer.
Also currently looking at some waste management ones, that should be a growing business.