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A grandiose plan to link Europe's electricity grids may recast wind power from its current role as a walk-on extra to being the star of the show
The Dollar needs help. When the competition invests in producing more power, then, the dollar power will decline.
It is that simple.
Invest in Power-Independence now or be dependent later.
Airtricity reckons that the first stage of this project, a 2,000 turbine-strong farm in the North Sea, would cost about €2 billion ($2.7 billion). That farm would generate 10 gigawatts. An equivalent amount of coal-fired capacity would cost around $2.3 billion so, adding in the environmental benefits, the project seems worth examining. Such offshore farms certainly work. Airtricity already operates one in the Atlantic, and though it currently has a capacity of only 25 megawatts, increasing that merely means adding more turbines.
2.7 Billion?
http://video.google.com/videoplay?docid=-5823209513192072459
http://www.rumormillnews.com/cafr1/CAFR.htm
Every city, county, state, and the federal government openly talks about the "budget" but keeps a virtually hidden, SECOND SET OF BOOKS which track the investments and Enterprise ventures worth TRILLIONS of dollars in tangible wealth they have built up and are spending from these virtually hidden portfolios as a result of investing YOUR skimmed money for over 50 years in everything from real estate to the stock market.
Note: 1 Trillion is 100 Billion.
What is NOT CALCULATED is time.
Here:
An equivalent amount of coal-fired capacity would cost around $2.3 billion
Compared to what?
Airtricity reckons that the first stage of this project, a 2,000 turbine-strong farm in the North Sea, would cost about €2 billion ($2.7 billion). That farm would generate 10 gigawatts.
Please look at that and use your brain.
2.7 Billion is spent on producing a wind generating farm.
The farm wouild generate 10 gigawatts.
Do you know what that means?
I'm asking.
I think what is being accounted and calculated is an output RATE of 10 gigawatts of POWER per second.
Once the farm is up and running the Power generates. There will be remaining maintainance costs.
2.7 Billion is spent. 10 gigawatts come out. More cost is spent on maintaining the equipment. 10 gigawatts keep coming out. Years go by. The old Wind Mills wear out or become obsolete.
How much time passes before the 2.7 Billion Dollar Wind Farm is no longer producing 10 gigawatts of power?
10 years?
20 years?
30 years?
How much Power is produced in 10 years time?
10 gigawatts?
How much Power is produced in 20 years time?
10 gigawatts?
The answer is NO.
10 gigawatts is a RATE OF PRODUCTION.
The rate is either a rate per second, a rate per minute, or a rate per hour.
It doesn't matter which time factor is used so long as the factor is the same factor used to calculate the cost of other competetive investments of power to make power.
Here:
An equivalent amount of coal-fired capacity would cost around $2.3 billion
What does that mean?
Does that mean that it cost 2.3 Billion dollars to construct a coal-fired power plant and then add the cost of coal to produce a total amount of power equal to 10 gigawatts?
Is this the type of economic knowledge being taught by Central Bankers?
If the 2.3 number is a number accounting for the same cost to build a Coal Plant compared to the cost to build a Wind Power Plant, then, how much does it cost to maintain the Coal Plant compared to the Wind (or Solar) Plant?
The Coal Plant must be fed with Coal.
The Wind Plant must be fed with Wind.
How much does Coal cost?
How much does Wind cost?
The more Coal burnt the more the Earth Heats up and the More the Wind Blows.
Is this the type of ecomomic calculations that are being taught at the Austrian School of capitalist theory?
Think with your own brain.
The CAFR link tallies up over 1 trillion dollars of PROFIT as yet to be invested.
How many Wind farms can be built with that type of Purchasing Power?
100
100 times 10 gigawatts is 1000 gigawatts.
How much electric power does the U.S.A. consume?
http://www.google.com/search?hl=en&q=How+much+electric+power+does+the+U.S.A.+consume%3F
That wasn't a great search but one link may suffice to find how much electric power consumed in the U.S.A.:
http://www.ornl.gov/info/ornlreview/rev26-34/text/colmain.html
Although adverse health effects from increased natural background radioactivity may seem unlikely for the near term, long-term accumulation of radioactive materials from continued worldwide combustion of coal could pose serious health hazards. Because coal combustion is projected to increase throughout the world during the next century, the increasing accumulation of coal combustion by-products, including radioactive components, should be discussed in the formulation of energy policy and plans for future energy use.
That isn't my consumption number needed but it does add to the cost calculation.
I've got work to do so this will have to wait.
Add a zero.
The question concerns one number. How much electricity is consumed by American's?
How much is the rate?
How much is the rate per second?
How much is the rate per hour?
How much is the rate per year?
How much total electricity is consumed per year?
How much will 2 trillion dollars worth of Wind Farm Investment increase the prodcution of electricity in America?
Last edited on Fri Jul 27th, 2007 03:31 pm by Joe Kelley