We study the statistical properties and dynamics of flexible fluid membrane
s containing active transmembrane proteins and find that such active membra
nes can be either stable or unstable to small disturbances, depending on th
e signs of certain crucial parameters characterising the protein-membrane i
nteraction. A major finding is that the shape-fluctuation spectrum in the s
table case for a zero-tension active membrane has the same form over a larg
e range of length scales as at equilibrium, but with a nonequilibrium "nois
e temperature" determined by the activity.