Wind power: for or against the wind?

Renewable energies except solar electric or thermal (seeforums dedicated below): wind turbines, energy from the sea, hydraulic and hydroelectricity, biomass, biogas, deep geothermal energy ...
User avatar
Exnihiloest
Econologue expert
Econologue expert
posts: 5365
Registration: 21/04/15, 17:57
x 660

Re: Wind: for or against the wind?




by Exnihiloest » 06/06/21, 19:27

sicetaitsimple wrote:
Exnihiloest wrote:
sicetaitsimple wrote:
Source? I am still surprised by the number of what you call "operating expenses"?

Sorry for my late response, I must have skipped yours.
The accounts are there:
https://find-and-update.company-informa ... ng-history

Article:
https://notalotofpeopleknowthat.wordpre ... last-year/


I was "right" to be "surprised" by the figure which seemed enormous to me ... The "operating expenses" as defined include depreciation:

"Operating and other expenses, excluding depreciation of £ 89 million, total £ 62 million or £ 26 / MWh."

This explains that.


What does that explain?
0 x
sicetaitsimple
Econologue expert
Econologue expert
posts: 9803
Registration: 31/10/16, 18:51
Location: Lower Normandy
x 2658

Re: Wind: for or against the wind?




by sicetaitsimple » 06/06/21, 19:47

Exnihiloest wrote:What does that explain?


That I was surprised by the number and that I am no longer!

In an income statement, it is the difference between EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) and EBIT (the same after Depreciation and Amortization).

Simply, the amortization or depreciation of an asset is not really an expense, but an accounting operation without disbursement of cash.

This is accounting kitchen, again I was "troubled" by your "Operating expenses: £ 127,4million", which seemed enormous to me.
0 x
ENERC
I posted 500 messages!
I posted 500 messages!
posts: 725
Registration: 06/02/17, 15:25
x 255

Re: Wind: for or against the wind?




by ENERC » 06/06/21, 20:00

Watch the replay on M6 of HBO Chernobyl (only episodes 3-5 are still online). Excellent movie.
it puts the cost of wind power into perspective - financially and humanly.
0 x
User avatar
GuyGadeboisTheBack
Econologue expert
Econologue expert
posts: 14931
Registration: 10/12/20, 20:52
Location: 04
x 4346

Re: Wind: for or against the wind?




by GuyGadeboisTheBack » 06/06/21, 20:17

Exnihiloest wrote:What does that explain?

That you wallowed
0 x
User avatar
Exnihiloest
Econologue expert
Econologue expert
posts: 5365
Registration: 21/04/15, 17:57
x 660

Re: Wind: for or against the wind?




by Exnihiloest » 06/06/21, 21:43

GuyGadeboisLeRetour wrote:
Exnihiloest wrote:What does that explain?

That you wallowed

Your interpretations are stupid.
0 x
User avatar
GuyGadeboisTheBack
Econologue expert
Econologue expert
posts: 14931
Registration: 10/12/20, 20:52
Location: 04
x 4346

Re: Wind: for or against the wind?




by GuyGadeboisTheBack » 06/06/21, 21:44

Exnihiloest wrote:
GuyGadeboisLeRetour wrote:
Exnihiloest wrote:What does that explain?

That you wallowed

Your interpretations are stupid.

In this case, it is your numbers and your interpretation of the numbers that are. Logical when you take a retired climate-negationist accountant as an "expert". CQFD. : Mrgreen:
Last edited by GuyGadeboisTheBack the 06 / 06 / 21, 21: 44, 1 edited once.
0 x
User avatar
Exnihiloest
Econologue expert
Econologue expert
posts: 5365
Registration: 21/04/15, 17:57
x 660

Re: Wind: for or against the wind?




by Exnihiloest » 06/06/21, 21:44

sicetaitsimple wrote:
Exnihiloest wrote:What does that explain?


That I was surprised by the number and that I am no longer!

In an income statement, it is the difference between EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) and EBIT (the same after Depreciation and Amortization).

Simply, the amortization or depreciation of an asset is not really an expense, but an accounting operation without disbursement of cash.

This is accounting kitchen, again I was "troubled" by your "Operating expenses: £ 127,4million", which seemed enormous to me.


In the end, without the subsidies, it is still bankruptcy, it seems to me.
0 x
sicetaitsimple
Econologue expert
Econologue expert
posts: 9803
Registration: 31/10/16, 18:51
Location: Lower Normandy
x 2658

Re: Wind: for or against the wind?




by sicetaitsimple » 06/06/21, 21:57

Exnihiloest wrote:In the end, without the subsidies, it is still bankruptcy, it seems to me.


Uh no, not really, without the subsidies the project does not happen!
0 x
User avatar
Exnihiloest
Econologue expert
Econologue expert
posts: 5365
Registration: 21/04/15, 17:57
x 660

Re: Wind: for or against the wind?




by Exnihiloest » 06/06/21, 22:13

sicetaitsimple wrote:
Exnihiloest wrote:In the end, without the subsidies, it is still bankruptcy, it seems to me.


Uh no, not really, without the subsidies the project does not happen!


That was the message: wind power only works when subsidized. If it was investment to be repaid, investors would be at their cost. This is also what happened in the USA where wind farms had to close.
0 x
User avatar
GuyGadeboisTheBack
Econologue expert
Econologue expert
posts: 14931
Registration: 10/12/20, 20:52
Location: 04
x 4346

Re: Wind: for or against the wind?




by GuyGadeboisTheBack » 06/06/21, 22:16

Nuclear power only exists because we have subsidized it, tidal power and geothermal energy as well. Something else ?
Source for the closure of wind farms in the USA?
https://batinfo.com/actualite/leolien-e ... -usa_14943
0 x

 


  • Similar topics
    Replies
    views
    Last message

Back to "hydraulic, wind, geothermal, marine energy, biogas ..."

Who is online ?

Users browsing this forum : Google Adsense [Bot] and 345 guests