Wind Companies Losing Billions

[dkovic77]

Solar and wind are not the only answer, Geothermal, nuclear and cold fusion is where most investments should lean towards. Do we really want our landscapes littered with wind turbines farms and solar farms as far as the eye can see. I don’t. It’s ugly.

Ahhh so you don’t like the sight of it, the oil platforms look great out there too.

Maybe you just need MEG 3 to take place around a wind turbine and you will be hooked.

 

[icanhelp1]

Ahhh so you don’t like the sight of it, the oil platforms look great out there too.

Maybe you just need MEG 3 to take place around a wind turbine and you will be hooked.

So your answer is to create another eye sore because? There are better options out there but tree huggers don’t want a nuclear option.

 

[dkovic77]

So your answer is to create another eye sore because? There are better options out there but tree huggers don’t want a nuclear option.

Nah, not another- replacement.

Guessing your deep fryer job isn’t close enough to a place that has had a meltdown. With as many deregulations that are pushed out there, don’t need to really ramp up nuclear.

 

[icanhelp1]

Nah, not another- replacement.

Guessing your deep fryer job isn’t close enough to a place that has had a meltdown. With as many deregulations that are pushed out there, don’t need to really ramp up nuclear.

The other alternative to fossil fuels, an energy source that is capable of providing grid size energy output is nuclear, geothermal and eventually cold fusion. Carbon capture technology, CO2 scrubbers and planting billions of trees should be considered. Nuclear is safe but we have tree huggers that can't get out of 80s mentality. So much for the left following the science.

By the way I've been retired for 20 years.

 

[Fuzzy1975]

Nuclear is safe

Until it's not.
Then you live with the consequences for thousands of years. Not to mention if nuclear (fisson) expands,you generate more waste and we still don't have a method to deal with that waste.
I'm not opposed to nuclear, but it's not the silver bullet answer anymore than wind and solar are. There needs to be a mix. What that will look like in the near future I'm not sure but just denying the renewable options is a very idiotic stand point.

 

[ll74]

Big oil are investing profits into green energy.

https://www.dw.com/en/shell-bp-boost-profit-sink-investment-in-renewable-energy/a-64656800

NATURE AND ENVIRONMENTEUROPE

Shell, BP boost profit, sink investment in renewable energy​

Stuart Braun
02/10/2023February 10, 2023
While the big five oil companies registered record profits on the back of the energy crisis, relatively little will be reinvested in renewables as climate goals are slashed.

Oil and gas giant Shell last week announced a historic near $40 billion (€37.18 billion) profit in 2022. Other multinational energy firms have simultaneously registered record windfalls, among them BP and fossil fuel powerhouse, ExxonMobil.
The super profits are thanks in large part to spiraling energy prices driven by Russia's invasion of Ukraine.
Amid skyrocketing consumer energy costs, the likes of US president Joe Biden have labelled the wins a "windfall of war" and demanded higher taxes.
But the oil and gas bonanza has sparked a parallel concern that climate mitigation targets are being sacrificed for profits.

Of course they are. They know it's the future and don't want to be left behind.

 

[icanhelp1]

Of course they are. They know it's the future and don't want to be left behind.

That's always been my point. Let the markets lead and let demand run the show. Need and demand are the mothers of innovation and invention.

 

[ll74]

That's always been my point. Let the markets lead and let demand run the show. Need and demand are the mothers of innovation and invention.

The markets are leading. The demand for EVs is strong.

The ability of power generation that is not reliant on fossil fuels is in even higher demand, especially with the global instability in the oil market.

 

[BabyBoomer50s]

Today’s WSJ

America’s Offshore Wind Ambitions Are Coming With Bigger Price Tags​

Higher rates expected in New York after industry slammed by rising costs​

“New York state officials in recent days unveiled a slate of wind-farm proposals that would result in higher electricity rates for residents than previously approved plans. That has firms behind older bids rushing to see if they can resubmit their plans at or near the new rate.

“Some firms have already eaten multimillion-dollar termination fees to pull out of East Coast projects or written down investments because of rising costs,battering clean-energy stocks. Analysts say New York’s attempt to find new price points acceptable to developers, regulators and investors suggests the broader market’s adjustment won’t be easy.”

 

[Fuzzy1975]

Today’s WSJ

America’s Offshore Wind Ambitions Are Coming With Bigger Price Tags​

Higher rates expected in New York after industry slammed by rising costs​

“New York state officials in recent days unveiled a slate of wind-farm proposals that would result in higher electricity rates for residents than previously approved plans. That has firms behind older bids rushing to see if they can resubmit their plans at or near the new rate.

“Some firms have already eaten multimillion-dollar termination fees to pull out of East Coast projects or written down investments because of rising costs,battering clean-energy stocks. Analysts say New York’s attempt to find new price points acceptable to developers, regulators and investors suggests the broader market’s adjustment won’t be easy.”

Oh look another article whining about prices are going to rise....What was the rice of a gallon of gas in 2000 or 1990 or 1980 or 1970...guess what prices of energy rise....

 

[BabyBoomer50s]

Oh look another article whining about prices are going to rise....What was the rice of a gallon of gas in 2000 or 1990 or 1980 or 1970...guess what prices of energy rise....

Energy prices rise, but the issue is the cost of offshore wind relative to other means of power generation.

 

[SmokingFap]

Solar and wind are not the only answer, Geothermal, nuclear and cold fusion is where most investments should lean towards. Do we really want our landscapes littered with wind turbines farms and solar farms as far as the eye can see. I don’t. It’s ugly.

Another case of NIMBY (Not In My Back Yard). But have you actually SEEN how much open space the US has? Wyoming, the Dakotas, ALASKA? You know the wind turbine doesn't have to be down the street from you to generate and transmit electricity, right? But I give you credit, you're heading in the right direction. And I agree with you and others on here that a mix of different technologies is needed for optimum output and minimum cost.

 

[ll74]

Another case of NIMBY (Not In My Back Yard). But have you actually SEEN how much open space the US has? Wyoming, the Dakotas, ALASKA? You know the wind turbine doesn't have to be down the street from you to generate and transmit electricity, right? But I give you credit, you're heading in the right direction. And I agree with you and others on here that a mix of different technologies is needed for optimum output and minimum cost.

I think wind farms and solar farms are much better asthetically than oil drills and coal factories.

 

[Fuzzy1975]

Energy prices rise, but the issue is the cost of offshore wind relative to other means of power generation.

No,the issue is the push back against renewables, don't tell me horseshit, isn't horseshit....Prices on all forms of energy have risen, from Oil production,Hydro,Nuclear and even Coal. Fuck off looking at just one producer.

 

[Fuzzy1975]

You know the wind turbine doesn't have to be down the street from you to generate and transmit electricity, right?

1600 kliometers is the limit of High Voltage transmission lines....that is about 1000 miles....

 

[BabyBoomer50s]

No,the issue is the push back against renewables, don't tell me horseshit, isn't horseshit....Prices on all forms of energy have risen, from Oil production,Hydro,Nuclear and even Coal. Fuck off looking at just one producer.

It’s about costs. Rate payers don’t like paying more than they have too.

 

[Fuzzy1975]

It’s about costs. Rate payers don’t like paying more than they have too.

And you think people liked pay more,back then.....GMAFB......lol

Here's a little blurb from back in 1973...

"The oil crisis brought to an end an era of cheap energy. Americans had to learn to live with smaller cars and less heating and air conditioning. "
You think that didn't cause an uproar, a 300% increase in the price of gas, that never returned to pre 1973 levels...

https://www.digitalhistory.uh.edu/disp_textbook.cfm?smtID=2&psid=3358


Why aren't you posting about Drug cost....those really matter.

https://www.kff.org/health-costs/poll-finding/public-opinion-on-prescription-drugs-and-their-prices/

People are bitching about that, after all for some they die if they can't afford them.....

 

[BabyBoomer50s]

And you think people liked pay more,back then.....GMAFB......lol

Here's a little blurb from back in 1973...

"The oil crisis brought to an end an era of cheap energy. Americans had to learn to live with smaller cars and less heating and air conditioning. "
You think that didn't cause an uproar, a 300% increase in the price of gas, that never returned to pre 1973 levels...

https://www.digitalhistory.uh.edu/disp_textbook.cfm?smtID=2&psid=3358


Why aren't you posting about Drug cost....those really matter.

https://www.kff.org/health-costs/poll-finding/public-opinion-on-prescription-drugs-and-their-prices/

People are bitching about that, after all for some they die if they can't afford them.....

I got my drivers license in 1973 and remember it well. My parent’s car didn’t run on diesel or electricity so gas was my only option. There are alternatives to offshore wind for power generation.

 

[Fuzzy1975]

. There are alternatives to offshore wind for power generation.

What are the alternatives? Which ones over the designed service life of the asset are going to be cheaper to run?

Solar is about 1 million per megawatt
Wind is about 1.4 million per mega watt
Natural gas is about 4.5 million per mega watt
Coal is about 5.5 million per mega watt
Nuclear is 12.5 million per mega watt

That is the capital cost, now look at operating cost....

 

[dkovic77]

The other alternative to fossil fuels, an energy source that is capable of providing grid size energy output is nuclear, geothermal and eventually cold fusion. Carbon capture technology, CO2 scrubbers and planting billions of trees should be considered. Nuclear is safe but we have tree huggers that can't get out of 80s mentality. So much for the left following the science.

By the way I've been retired for 20 years.

Retired, you sure? They let you keep the uniform when you left? Didn’t say they needed it back for the next deep fry guy?

Ohhhh the 80s mentality.. is that when we had meltdowns?

How about this, let’s put a plant squarely in your back yard with your whole family (if you were able to have a family) there in the house with you.

I would rather some solar panels before that happened. But it works out, you are going to take the nuke.

 

[icanhelp1]

Retired, you sure? They let you keep the uniform when you left? Didn’t say they needed it back for the next deep fry guy?

Ohhhh the 80s mentality.. is that when we had meltdowns?

How about this, let’s put a plant squarely in your back yard with your whole family (if you were able to have a family) there in the house with you.

I would rather some solar panels before that happened. But it works out, you are going to take the nuke.

https://www.nei.org/fundamentals/safety#:~:text=Is nuclear energy safe?,industrial facilities in the country.

“Safety is in the DNA of every U.S. nuclear energy plant. That’s one of the benefits of nuclear energy: U.S. plants are among the safest and most secure industrial facilities in the country. The safety of our employees and the communities in which we live and work is our top priority.

Nuclear power plants maintain the highest standard for operational safety, security, cybersecurity and emergency preparedness. The industry’s comprehensive safety procedures and stringent federal regulations keep our plants and neighboring communities safe.”

https://world-nuclear.org/informati...-plants/safety-of-nuclear-power-reactors.aspx

 

[dkovic77]

https://www.nei.org/fundamentals/safety#:~:text=Is nuclear energy safe?,industrial facilities in the country.

“Safety is in the DNA of every U.S. nuclear energy plant. That’s one of the benefits of nuclear energy: U.S. plants are among the safest and most secure industrial facilities in the country. The safety of our employees and the communities in which we live and work is our top priority.

Nuclear power plants maintain the highest standard for operational safety, security, cybersecurity and emergency preparedness. The industry’s comprehensive safety procedures and stringent federal regulations keep our plants and neighboring communities safe.”

https://world-nuclear.org/informati...-plants/safety-of-nuclear-power-reactors.aspx

Yeah, I remember the same things said before and then boom- a meltdown. So you take the plant in your back yard… I’ll stick with solar.

 

[icanhelp1]

Yeah, I remember the same things said before and then boom- a meltdown. So you take the plant in your back yard… I’ll stick with solar.

https://www.cnet.com/science/how-nuclear-power-plants-could-help-solve-climate-crisis/

You live in the 80s

 

[dkovic77]

https://www.cnet.com/science/how-nuclear-power-plants-could-help-solve-climate-crisis/

You live in the 80s

Those who don’t know their history are doomed to repeat it.

Solar panel never melts down.

 

[icanhelp1]

Those who don’t know their history are doomed to repeat it.

Solar panel never melts down.

https://www.energy.gov/ne/articles/3-advanced-reactor-systems-watch-2030