As a former geek who has grown to love being a manager, all I can say is most of these postings are clichés and gibberish.
Give management a try. If you love it and other people say you are good at it. Do it. If either of the above is not true, go back to what you ARE good at.
The Peter Principle can apply to geeks turned managers as well as it applies to anyone else.
http://pespmc1.vub.ac.be/PETERPR.html
As a PE Mech E specializing in power systems and a former electrical power trader, I continue to marvel at the propeller heads who think wind is the savior of US power. Wind is a nice little side supply where the winds are right and someone is willing to foot the bill. It does not make much economic sense in most areas because of the power it is replacing.
Most baseline (efficient) plants, such as cogen, coal and nukes are slow to start and stop. The least efficient generators are used to meet the peak demand on a given day because they can be turned on and off. Wind is only able to replace the peak load because an operator cannot take a large plant off line on a whim.
Even on the peak power side, you would still have to maintain reserve generation for days where the wind does not blow but it is still hot. So the competition is between the marginal cost of FF generation vs the capital recovery of the wind farm. The wind farm cannot trade into the forward markets well because he cannot choose when to come on line. If the wind operator does take a forward and the wind does not blow he will be forced into the daily market to cover his obligation when prices are the highest. Often he will be able to come into market when the wind is blowing, often cooler, when the temps are lower. More supply less demand, lower prices. The theory is great, it all looks good with the averages. In practice, the no one gets the average cost of generation, they get the market price when they can bring it to market. From personal experience, the wind traders were almost always on the bad side of a trade.
If you need green power, go nuclear!!
Interesting what Enron employees and shareholders must feel looking at this loot
In a word... Sad.
Just like most of you, I went to work everyday and worked my tail off. I worked at Enron for 3 years, right till the end. I can honestly say this, I never again expect to work with a group of people as smart, driven and passionate as I did with the crooked E. That is the saddest part. Some of the best people I have ever worked with are going through the same thing.... very sad.
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OMG, that is funny.
As a former geek who has grown to love being a manager, all I can say is most of these postings are clichés and gibberish. Give management a try. If you love it and other people say you are good at it. Do it. If either of the above is not true, go back to what you ARE good at. The Peter Principle can apply to geeks turned managers as well as it applies to anyone else. http://pespmc1.vub.ac.be/PETERPR.html
As a PE Mech E specializing in power systems and a former electrical power trader, I continue to marvel at the propeller heads who think wind is the savior of US power. Wind is a nice little side supply where the winds are right and someone is willing to foot the bill. It does not make much economic sense in most areas because of the power it is replacing. Most baseline (efficient) plants, such as cogen, coal and nukes are slow to start and stop. The least efficient generators are used to meet the peak demand on a given day because they can be turned on and off. Wind is only able to replace the peak load because an operator cannot take a large plant off line on a whim. Even on the peak power side, you would still have to maintain reserve generation for days where the wind does not blow but it is still hot. So the competition is between the marginal cost of FF generation vs the capital recovery of the wind farm. The wind farm cannot trade into the forward markets well because he cannot choose when to come on line. If the wind operator does take a forward and the wind does not blow he will be forced into the daily market to cover his obligation when prices are the highest. Often he will be able to come into market when the wind is blowing, often cooler, when the temps are lower. More supply less demand, lower prices. The theory is great, it all looks good with the averages. In practice, the no one gets the average cost of generation, they get the market price when they can bring it to market. From personal experience, the wind traders were almost always on the bad side of a trade. If you need green power, go nuclear!!
Interesting what Enron employees and shareholders must feel looking at this loot In a word... Sad. Just like most of you, I went to work everyday and worked my tail off. I worked at Enron for 3 years, right till the end. I can honestly say this, I never again expect to work with a group of people as smart, driven and passionate as I did with the crooked E. That is the saddest part. Some of the best people I have ever worked with are going through the same thing.... very sad.