Prices of the electricity we use to charge

Woosh

Trade Member
May 19, 2012
20,818
17,064
Southend on Sea
wooshbikes.co.uk
Last edited:

matthewslack

Esteemed Pedelecer
Nov 26, 2021
2,269
1,557
Probably needs a deeper look by someone not wedded to loving CO2. Most of those graphs show rapid growth, a spike associated with the Ukraine war, an antispike associated with Trump's drill, baby, drill policy. Current price levels are not too dissimilar to the situation before the Ukraine spike.

The spike and volatility in share prices probably has as much to do with stock market gambling than the fundamentals of renewable energy.

Wind will always be there, the economics of capturing it vary according to governments' policies. If carbon was priced to include what are currently external costs, the picture would change dramatically.
 
  • Agree
Reactions: Woosh

Ghost1951

Esteemed Pedelecer
Jun 2, 2024
2,007
882
The wind has dropped out of the wind farms according to this guy. He makes a good case. Is he right?
Wind Farms Financial Collapse Don't Tell Ed Miliband
Orestead stock price decline is mostly down to Trump:



Google search: "Why has Orestead stock price fallen?"

AI Overview

Orsted's stock price has fallen significantly due to a combination of factors including: major delays and cost overruns in US offshore wind projects, political uncertainty around renewable energy policies, particularly with the return of Donald Trump to the presidency, supply chain disruptions, rising interest rates, and recent impairments related to its US seabed leases; leading to concerns about the company's profitability and future growth potential in a key market like the US.

Key points about the decline:
US market challenges:

Orsted has faced significant setbacks in the US market, including project delays, higher costs, and regulatory hurdles, which have impacted its financial performance.

Political headwinds:
The election of Donald Trump, who is known to be skeptical of renewable energy, has created uncertainty about future policy support for offshore wind in the US, further impacting investor confidence.

Impairment charges:
The company recently announced significant impairment charges related to its US seabed leases, further contributing to the stock price decline.

Industry-wide challenges:
The broader offshore wind industry is also facing challenges like rising material costs and supply chain bottlenecks, which affect Orsted as well.
 

Ghost1951

Esteemed Pedelecer
Jun 2, 2024
2,007
882
I thought this article was interesting:

 

Ghost1951

Esteemed Pedelecer
Jun 2, 2024
2,007
882
This is a VERY WORRYING case. I think there is a very good chance that this woman is entirely innocent.



 

AndyBike

Esteemed Pedelecer
Nov 8, 2020
1,512
640
"In the UK, it could "become horribly, horribly cold … like living in northern Norway," Prof Thornalley warns."


Ha ha ha - very scientific information. Especially when the actual data suggest it might cause a half a degree centigrade cooling in London. This sort of scare mongering hysterical negativity is what brings science into disrepute. Some of these people have abandoned science - actual measurements and sensible discussion of results and they have become propagandists and polemicists. There is a big difference between the two ways of communicating.

Professor Thornalley M.A. Ph.D from Cambridge university specializing in Paleoceanography, Paleoclimatology, Geochemistry.

Whatever language he used in a short quote, I think I'll stick with his info.
 

soundwave

Esteemed Pedelecer
May 23, 2015
17,424
6,653
 

Ghost1951

Esteemed Pedelecer
Jun 2, 2024
2,007
882
I love this Youtube Channel. Covers many eye opening areas of physics, chemistry and psychology.

This one is about consciousness:

 

Woosh

Trade Member
May 19, 2012
20,818
17,064
Southend on Sea
wooshbikes.co.uk
Dows this look like corruption to you?
 
Last edited:

saneagle

Esteemed Pedelecer
Oct 10, 2010
7,634
3,540
Telford
Dows this look like corruption to you?
If you think they're going to be manipulated into making a profit, why don't you invest in them? If Trump an Elon are doing it, it's probably a good thing.
 
Last edited:

sjpt

Esteemed Pedelecer
Jun 8, 2018
3,934
2,808
Winchester
If Trump an Elon are doing it, it's probably a good thing.
Maybe should be reworded:
If Trump an Elon are doing it, it's probably profitable.
 

Ghost1951

Esteemed Pedelecer
Jun 2, 2024
2,007
882

An almost exact analogy was the South Sea Bubble - a sure thing - King George 1st was involved. Like all Ponzi schemes, the people who set them up and invest at the start make an absolute fortune, and then when the ordinary mugs get involved and stuff their money into a sure thing, they lose everything they invested.

This will all go the same way - it just remains to be seen when.

South Sea Company said:
An undertaking of great advantage, but nobody
to know what it is.
 

Ghost1951

Esteemed Pedelecer
Jun 2, 2024
2,007
882

Woosh

Trade Member
May 19, 2012
20,818
17,064
Southend on Sea
wooshbikes.co.uk
If you think they're going to be manipulated into making a profit, why don't you invest in them? If Trump an Elon are doing it, it's probably a good thing.
It's not a profit for outsiders. Trump will give statutory protection to virtual coins. It may push up the price of bitcoin but it's a massive liability for taxpayers. It's also conflict of interest, as trump and his club of billionaires have created a lot of those coins. Trump removed SEC's supervision, fraud protection etc. You can look up trump's removal of consuner financial protection board (CFPB). Trump will announce new tax cut next week or very soon. It's pretty much theft on a huge scale. The market for coins run into trillions. Trump and his friends can potentially cause collapse of the dollar and western capitalism.

Elon Musk dogecoin:
 
Last edited:

Ghost1951

Esteemed Pedelecer
Jun 2, 2024
2,007
882
Investments that are sound are based on proper businesses with assets and profits made from doing something. These coin businesses are based on nothing but emotion. They are in essence Ponzi schemes. Beware. If you invest at the wrong time, all that happens is that the people who got out when you put your money in, go off with all your money. They don't actually have any value except what people pi ss ed up the wall by rushing to join in.

All these schemes will collapse. The only thing which remains to be seen is - when.

EDIT:

Funny thing - I made similar points to the one above on chatgpt and while the bot answered my questions and arguments the interface removed my remarks and posted a warning saying that the content I had posted violated their policies. Big tech may be in on the crypto scam.
 
Last edited:
  • Like
Reactions: Peter.Bridge

Woosh

Trade Member
May 19, 2012
20,818
17,064
Southend on Sea
wooshbikes.co.uk
Investments that are sound are based on proper businesses with assets and profits made from doing something.
you can create as many coins as you like. It's not a business but selling it is.
The first step is to find an exchange that will trade it. The next step is to find customers for it. You'll need social media to push it. Musk created his dogecoin as a joke. It's now worth about $35B. Trump is new to the game but he has a lot more selling power. Satoshi Nakamoto created the most famous of them all, the Bitcoin. It is assumed that Satoshi Nakamoto gave himself more than 1,000,000 bitcoins when he created bitcoin.
 

sjpt

Esteemed Pedelecer
Jun 8, 2018
3,934
2,808
Winchester
Maybe should be reworded:
If Trump an Elon are doing it, it's probably profitable.
For them.
And who else would they consider.