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[cdn-nucl-l] Intel CEO: "Nuclear power is the only answer"
----- Original Message -----
From: Muckerheide <firstname.lastname@example.org>
To: Multiple recipients of list ans-pie <email@example.com>
Sent: Tuesday, January 09, 2001 8:16 AM
Subject: "Nuclearpower is the only answer"
> 01/08 16:40
> Intel Won't Expand in California Amid Power Crisis (Update1)
> By Greg Chang and David Evans
> Santa Clara, California, Jan. 8 (Bloomberg) -- Intel Corp. Chief Executive
> Craig Barrett said the No. 1 computer-chip maker is unlikely to expand in
> California any time soon because the state's energy crisis has made power
> supplies unreliable and costly.
> ``Would I OK the expansion of anything in Silicon Valley right now? Not a
> chance,'' Barrett said. ``Will I build my new facilities in Oregon and
> Arizona and New Mexico and Ireland, and even Hudson, Massachusetts, and
> Israel, where I can get an assured supply of power? Absolutely, yes, and
> that's where my expansion is going.''
> California's move to deregulate energy has backfired, resulting in higher
> costs while putting the state's two largest utilities on the verge of
> bankruptcy. Santa Clara-based Intel, the state's second-biggest company by
> market value, risks losing millions of dollars whenever power fluctuates
> even for a fraction of a second because chips being made can be ruined,
> Barrett said.
> California lawmakers are considering a plan from state Treasurer Philip
> Angelides to sell $10 billion in bonds to purchase the power grid and
> power plants. Barrett said he opposes that plan.
> ``I'm not a great fan of government getting involved in the private
> especially delivering a key commodity to the private sector,'' Barrett
> in an interview Friday with Bloomberg News at the Consumer Electronics
> in Las Vegas. ``It's deregulation gone awry.''
> ``I'd rather see supply and demand get in balance by expediting the
> permitting process to get more supply built if we have to and increase the
> grid infrastructure to import more power.''
> Blocking New Plants
> Barrett criticized government officials for blocking proposed construction
> of new power plants, citing the move by San Jose officials to deny Calpine
> Corp.'s bid to build a plant late last year.
> ``Nuclear power is the only answer, but it's not politically correct,'' he
> Intel employs about 10,000 workers in California and has plants in Folsom,
> with engineering and other corporate offices in Santa Clara and San Diego.
> The chipmaker has 80,000 employees worldwide.
> The energy crisis could ultimately have a broader impact on the state's
> economy if companies such as Intel seek to add workers elsewhere.
> In the meantime, Barrett said he leaves the lights off in his own office
> during daylight hours, relying instead on sunrays that stream through his
> windows. Intel is seeking to trim energy consumption by 10 percent by
> measures such as dimming lights and turning off air conditioning in
> Barrett said.