Posted on 09/18/2011 9:56:26 AM PDT by dila813
“Just realize, these guys that financed these wind mills are depending on the cash flow of these things running at full capacity in this season.
Without this, they are all going to go bankrupt unless they get a bail out from Obama.”
They probably used ExCel to “calculate” their wet green dream$ re revenue and profit.
Many Ponzi Schemes/Scams use ExCel or some other spread sheet to sell the suckers on the expected growth/roi based on a few months of data, which was probably skewed. The trend lines besides being based on bad data never take in the realties in any market.
My wife and I overheard a prime example of this a few months after 9/11. A local so called hot wine maker, who had a local bottling on demand outfit make and bottle or keg/barrel his wine and made arrangements for storage and labling. He had no vineyards and bought the excess grapes from legit vineyards/wineries, who didn’t want what they sold to him. His aging barrels were old/used barrels sold by legit wine makers for next to nothing because they were past the age of adding to the wine stored in them.
The guy and his wife were constanlty in the local newspapers and other slick media pushing wine that wasn’t as good as two buck chuck. They poured large amounts of their wine in their tasting rooms and had two people on the road doing the same. Their targets were people/suckers from the midwest/south and east coast, who really didn’t know wine. During the winter months, the guy and his wife basically lived back in the wine sucker area, pouring their wines for local wholesalers and some restaurants.
They were getting retail about $50 bucks/per bottle for wine that wasn’t that good. But most of their customers didn’t know that and bought the bs package of great hand crafted wines by this wonderful couple who loved wine and decided to make even better “hand crafted” wines.
Their market and most others with similiar wines selling at out rageous prices went bust after 9/11.
My wife and I were having lunch at a local restaurant with local water and no wine. This scammer came in with his CPA and sat in the booth behind me.
The guy was in a panic and was loudly arguing with his CPA that the CPA had to do something. The CPA said that he dealt with numbers and sale$ not dreams. The faux winemaker had two ExCel charts, one was a slick sales piece to get investors to buy into his scheme/scam and the other was one he had based on the $50 price per bottle to meet his expenses, of course that was not happening
The guy had apparently had a little too much of his now cheap wine and got very loud. When his CPA told him to calm down, he “fired” his CPA and left the CPA to pick up the tab.
I knew the CPA and he just grinned. He said that was happening across the two wino counties. He said that some big legit wine growers/cellars were selling to Bronco to get rid of their wine glut due to the recession after 9/11. Some were giving it away if someone had tanker trucks they could fill up after hours.
He handed the brochure and Excel sheet to me and left.
The angry guy went broke shortly after that, and his wonderful private label wines became collector items of what not to buy.
Keep this in mind -
the left KNOWS that “renewable energy” is not capable of sustaining a capitalist economy.
True, but it is interesting to see so many taken in by their scam.
When they wake up to the fact that billions of dollars were blown, we are going to have some people jumping out of windows.
Don’t believe me, Believe the same Government who wants to sink hundreds of billions of your dollars into this highly unreliable form of generating electrical power. That same Government releases highly detailed statistics every month detailing exactly how much electrical power is generated from every source.
The U.S. has recently taken over from Germany as the largest producer of electrical power from this source. This is a link to the Wikipedia site, which in actual fact is quite up to date with the total Nameplate Capacity power produced from this source: http://en.wikipedia.org/wiki/Wind_power
Scroll half way down the page to where the chart table is. It shows the installed Nameplate Capacity of Wind Power in the U.S. as 35,159 MegaWatts. (MW) This is around the equivalent of 17 large coal fired or nuclear power plants, which can produce 2000MW of Nameplate Capacity power. So it actually seems to be quite a lot of power really. However, that’s not how the power is consumed. It is consumed in KiloWattHours (KWH), and I’ll refer to it in that manner because that’s how you will all see it on your electrical utilities bill. To work out how much usable power is made available to consumers is an easy calculation, although it looks complex. The formula is NP X 24 X 365.25 X 1000. NP is Nameplate Capacity. 24 for the hours in a day. 365.25 for the days in a year, leap year included, and then multiply by 1000 to convert from MegaWatts to KiloWattHours.
So for all the wind power in the U.S. the formula comes out like this- 35,159 X 24 X 365.25 X 1000 which comes to 308 Billion KWH, if those wind turbines were to run at their maximum all the time. Now, we all know that they don’t so just how much power do they produce. This link shows that exactly, and these figures are as of January 15th from the Government’s own website for electrical power, The Energy Information Administration: http://www.eia.doe.gov/cneaf/electricity/epm/table1_1_a.html Scroll to the bottom left there. That figure is expressed in Thousand MegaWattHours, which is the same as Million KWH, so the figure is 64.144 Billion KWH
So, if the feasible maximum total power is 308 Billion KWH, and the actual power delivered is 64 Billion KWH, then the overall efficiency rate of delivery of actual power amounts to 20.7%. What that effectively means is that it is delivering power for just on five hours a day, or the same as for the car analogy I used above, one day in five. So tell me. Are you happy with that?
To put it in further perspective, see the Nameplate Capacity is the same as for 17 large coal or nuclear plants. The actual power delivered is around the same power produced by three and a half of those 18 plants. Are you happy with that? You may think I’m being selective, so let’s then look at Nuclear Power. It delivers its power at the efficiency rate of 93%. Even coal fired power delivers its power at close to 88% when referenced to Nameplate Capacity and using the same formula. That delivered power of 64 Billion KWH amounts to only 1.6% of the total power consumed in the U.S. There is positively and absolutely no way, ever, that total will even closely approach the hoped for 20%, and you could try until 2050. It will never reach 20%.
All that aside, that power delivery rate of only 20% at the absolute best should be enough to convince you that these things are next to useless. The only way they can even get off the ground is with the injection of huge amounts of money in the form of Government subsidies. The only thing that they can absolutely ensure is that the cost of electricity to the end consumer will be much more expensive.
This is one great big turkey that is never going to fly, no matter how much money you throw at it. Taking into account that 20% power delivery rate, that means you will just have to rely on getting the required power for the remainder of the time from those other sources, so in all reality, the construction of these wind plants and solar plants at an alarmingly ever increasing rate will not really result in the saving of all that much in the way of Carbon Dioxide emissions anyway, as those coal fired plants will have to stay running to provide power for the bulk of the time these so called renewable plants are just not even working at all. You can construct another million of them, and that percentage will not change.
So when the President is given a standing ovation for mentioning ten times the phrase renewable power and clean energy, this is one turkey that will just never fly. He can hope and change all he likes, but nothing will change that 20% figure.
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