Of the 5,500 huge transformers possibly in danger, he found a lot more than 350 would have been at risk of everlasting injury, and 130 million men and women would have been with out energy. The loss of electric power would ripple throughout the social infrastructure with “water distribution damaged within several hrs; perishable foods and medications lost in 12-24 hours; loss of heating/air conditioning, sewage disposal, phone service, fuel re-supply for example.”
The whole economic effect in the first year could reach $2 trillion — 20 times greater than the costs of Hurricane Katrina. The total cost could exceed that of all current wars. And recovery could take more than a decade.
Andre Rossi’s Energy Catalyzer, the E-Cat, has on several occasions been demonstrated in Italy. The small, multi-kilowatt modules in this system require tiny amounts of nickel and hydrogen as fuel. Other entrepreneurs are developing competitive systems. Some claim electricity will be produced for a penny per kilowatt hour.
So not only does the energy catalzer, i.e E-cat save us multiple billion dollars in direct cost, it also saves us from trillions dollars in potential cost in case of a catastrophe.