[quote=sparkey321;1918430]That has been widely advertised, our preferred initial site will have a plus 100GW/Hr capacity and 10 X 100Mw turbines, how that will be used is the question we are askingThe analogy sucks.
To continue on your analogy what you are doing is designing and building a car before deciding on its purpose.
Is it to be a drag racer or a touring car.
Short bursts of high power
Or sustainable long term power.
Same technology but fundamentally different results.
A 200Gw hour reservoir with a 10G turbine capacity is one thing and will have one cost benefit done on it.
A 200GW hour reservoir with a 500MW turbine capacity is a completely different thing with a completely different cost benefit analysis.
No its the, think of my own children and what is the most useful gift I can give them for their future, argumentHyperbole. Complete and utter hyperbole and would be dreamt up by some too bit PR advisor.
Its the "Think of the Children" Argument
I have extended numerous invitations to you for a presentation on the project, and I can only surmise that you have been too busy to accept, but those that have accepted our invitation, will no doubt make their feelings known when it suits them, not you or me. Many have offered financial support for the public debate, and when we judge ourselves ready to accept their offers, I presume that would be made public.What business people have you asked. I'm a business man I was not asked, none of my associates were asked. None business man I know was asked.
Lets be very real about your energy costs, they are very unlikely to be much cheaper than they are now, for a very long time, I quoted the figure of 4c a unit for the last 5 months, the average for the preceding 12 months was 6.5c and most predictions for our current fuel mix in 5 years time are that it will often reach 10c, and those are wholesale prices, our perception is that if the regulator believed that we could sustain 4c. the retail price would have reduced by a further 3c a unit, It didn't.What interests me is reducing my energy costs.
I said that 10% of plants are due to close soon, we would like replace thermal plants with wind/hydro as these plants retire, and thermal plants have limited lifetimes, they will all need to be replaced over the coming years10% but SOI are proposing on adding how much capacity ? How would that affect the current oversupply ?
As you do more research you become better informed and of course you start to quote different figures and the limiting effect of this form of debate means that it takes longer to get info across.Ignoring the fact that 5.8 cent is a different price to that quoted previously.
How much will the addition of the reservoirs add to this ?
Even using your figure of 85% efficient the losses alone from the reservoirs will increase this to 6.82 cent.
We believe that we can reduce break even figure of new wind farms by at least a cent per unit, the break even price for storage per unit is much less than a cent add the conversion losses and you get back to to just below 7c, for at least a decade, you havent answered the one question I asked in my previous post.
..Plus you have the initial cost of the network you propose and allowing for a profit for the wind generators and SOI.
Before adding these you are already proposing to Increase CURRENT electricity costs by 45% (4 cent to 5.8) add if you include reservoir losses its a 70% increase on what are already the second highest energy costs in Europe
ESB networks currently write down the value of their transmission network investments over 30 or 40 years, I cant remember which, why should S of I do any different.
What I am saying is that S of I can keep their costs below last years wholesale prices.
Sparkey there is very little difference between the cost of running a generating set between Ireland and any European country, I have guided you on wholesale prices which compare to European average, yet as you say We have the 2nd highest retail price, Why indeed
I didnt tell them your version I told them our version with references to where our figures could be checkedI would be curious as to how most business people you approached felt about that......
Again I am telling you that these are being prepared and again I am stating that we not asking anyone for a cent until we haveUntil you can give an independently audited cost of electricity produced there will be no discussion because there will be nothing to discuss. No one will invest in something without knowing how much it will cost, fore casted revenue and margin.



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