vitaminj

Completely agree - I love the Economist as a magazine, but will never be a subscriber again after how much time it took to cancel.

For what it is worth, Australia has 5 minute generator dispatch, but 30 minute settlement. The market operator is presently implementing a project to bring settlement to 5 minute as well.

A few comments are saying that the author is too harsh on Samsung, but I get the impression that he actually admires Samsung's unscrupulous, unethical though ultimately canny business practices - in a similar way that one would admire a drug dealer's ultra-efficient distribution system.

After all, the Samsung presented in this article enters into new markets via wholesale IP theft. It then uses a suite of legal instruments to stall for time in order to build internal technical capabilities and intellectual capital. Samsung could stop here, but chooses instead to actually innovate and improve on the products using the knowledge and experience base it has accrued copying the product in the first place. It's a pretty shrewd, albeit completely unethical business strategy.

There is a third way, one in which research is not a full-time endeavour, but is still a part of your life. It's certainly not for everyone, and is not "pure" in the sense that you still need to make a living doing something with market value. I generally work 3 days in industry and do research the other 2 days in a university setting (a PhD program).

My work is in the broad area of my research (e.g. power systems), and while there's no direct overlap, they aren't entirely different spheres. I quite like my work and I find the industry contact important, so while I could easily live on 1-2 days of work, I've chosen a work/research split that is more biased towards work. Having said that, as a freelancer, I have a fairly flexible arrangement and some weeks I don't work at all.

The key advantage of this approach is that I am not at all bonded to the university. I don't have to participate in the politics of academia, grant funding, the pressure to publish, progress reporting etc, which I see the other grad students struggling with. I suppose I still have to massage the egos of tenured professors, but I can live with that (as a consultant, I'm always massaging peoples' egos anyway). The bottom line is that having independent funding insulates me from most of the pain of being a PhD student and gives me the freedom to pursue ideas that may lead to dead ends.

A few years ago, I volunteered in SE Asia for 18 months using my electrical engineering skills to help rural villages get access to electricity. At the time, I'd been working professionally for around 7 years and was just becoming competent at working independently. Although I'd gotten my PE status a year earlier, I can't say that I was at a senior engineering / consultant level.

So it was a surprise for me to find that I was one of the most experienced and skilled engineers in my organization (and in many other energy-related organizations for that matter). I concur with the OP and have met quite a few western volunteers that were well-intentioned, but generally had no technical skills.

Of those who had qualifications, they were usually in the social sciences, development studies, media / communications, public relations, etc. Useful skills no doubt, but I felt that the country could have benefited more with direct assistance from the hard sciences and engineering, e.g. hydrology, agriculture, civil engineers, etc - those skills were always in demand. In the end, there's a reason why development is often done so badly - they practically let anyone do it.

This guy built a classic run-of-the-river scheme, i.e. the main stream is not dammed. He built an intake channel off the main stream that flows into a forebay, where the penstock and piping system is installed. He also talks about putting a trash filter in the forebay, again a pretty standard thing to do.

Run-of-the-river schemes probably have the lowest impact on the local environment. I'd imagine very few fish would go into the intake channel.