created Jul 10, 2008 by Jim Cowie
7 responses
From the article: The value of individual power plant data across the EU ``could easily run into billions of euros every year,'' for consumers, said Citigroup's Dawson, who couldn't provide a more specific estimate.
Dawson based his calculation on the benefits to consumers of having real-time data on natural gas deliveries to the U.K., which has been estimated at hundreds of millions of pounds a year. The value of timely power plant information would be much more, he said.
I love the idea that billions of euros' worth of information is floating in the breeze over Europe, waiting to be collected and fed to the markets.
Bloomberg does a better job than anyone at filtering and presenting this kind of news. I hope the recent shakeups in their news organization don't change that.
Another perk for the landed gentry!
I mean, "billions of euros", that's like a gazillion dollars!
what's a dollar?
donkeykonguk: about 0.04 euros
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