wind turbine plans!

quiet_advisor

magyar wrote: »

The bottom line is that if you have £2m then one of these



is a good investment and will give you a return of 10-20% on your money depending on the wind speed.

If you have less than that, then as an investment wind turbines are more or less a waste of time.

Even with large wind turbines you will only get a reasonable rate of return as long as the present subsidies exist. Domestic electricity customers are paying a lot of money to support them via subsidies. It is for others to determine what are the most effective ways of reducing carbon emmissions!

magyar

quiet_advisor wrote: »

Even with large wind turbines you will only get a reasonable rate of return as long as the present subsidies exist. Domestic electricity customers are paying a lot of money to support them via subsidies. It is for others to determine what are the most effective ways of reducing carbon emmissions!

When you say 'a lot', it's about £10 per person per year. I'll leave others to decide whether that's 'a lot' or not. Also, those subsidies are guaranteed until 2027 and expected to continue after that.

Without the subsidy, some wind farms would still pay for themselves, others wouldn't. The cost of turbines is very high at the moment, because the supply is so outstripped by demand, so it's hard to say what the 'true' economics are.

quiet_advisor

magyar wrote: »

When you say 'a lot', it's about £10 per person per year. I'll leave others to decide whether that's 'a lot' or not. Also, those subsidies are guaranteed until 2027 and expected to continue after that.

Without the subsidy, some wind farms would still pay for themselves, others wouldn't. The cost of turbines is very high at the moment, because the supply is so outstripped by demand, so it's hard to say what the 'true' economics are.

Using your figures, that is a subsidy of about £500M per year, up to 2027 it will amount to £10BN, ignoring subsidies already paid - not an insignificant amount.

magyar

quiet_advisor wrote: »

Using your figures, that is a subsidy of about £500M per year, up to 2027 it will amount to £10BN, ignoring subsidies already paid - not an insignificant amount.

Actually it will be far more than that, it will be more like £20bn, but that is over 25 years.

People can take whatever view they like on that: in the same 20 years we will spend £180bn on roads, £260bn on defence and over £2trillion on benefits.

I wasn't making any judgement on whether this is 'a lot' or 'a little'; no doubt some people would rather spend the money elsewhere, others would rather spend more. I just wanted to say exactly how much is being spent.

geordie_joe

magyar wrote: »

The cost of turbines is very high at the moment, because the supply is so outstripped by demand,

And that is a big part of the problem with this country, people trying to make a fast buck buy selling for whatever people are willing to pay.

If they sold the turbines at a fair price instead of jacking it up because they have more customers than turbines it would encourage more customers and therefore make a more secure future for them.

Instead they jack up the price to either what the highest bidder is willing to pay, or what think they will pay. This only means that it is much harder for them to be economical, thus giving amunition to those who oppose them.

"They are ugly" or "A blot on the landscape" doesn't hold much weight, but "They don't even pay for themselves" is.

magyar

geordie_joe wrote: »

And that is a big part of the problem with this country, people trying to make a fast buck buy selling for whatever people are willing to pay.

For the record, there are no British turbine manufacturers - they're nearly all either German or Danish (with a couple of Spanish and Indian ones for good measure)

bazzapurple

So, to sum up, nobody here is willing to admit to owning one.
Ho hum.

geordie_joe

magyar wrote: »

For the record, there are no British turbine manufacturers - they're nearly all either German or Danish (with a couple of Spanish and Indian ones for good measure)

So why do I keep hear about a local company on the isle of wight that makes wind turbines. Every time there is an article about wind turbines on our local news they mention this company, and the fact that there are no wind turbines in use on the island.

I believe they are called Vesta something or other.

geordie_joe

magyar wrote: »

For the record, there are no British turbine manufacturers - they're nearly all either German or Danish (with a couple of Spanish and Indian ones for good measure)

One quick search on yell.com brought up this site

http://www.genasyspowersystems.co.uk/Wind.htm

magyar

geordie_joe wrote: »

So why do I keep hear about a local company on the isle of wight that makes wind turbines. Every time there is an article about wind turbines on our local news they mention this company, and the fact that there are no wind turbines in use on the island.

I believe they are called Vesta something or other.

They're called Vestas and it's actually a Danish company. They have a small amount of manufacturing (the blades) on the IoW, but it's controlled from Denmark.

Your other link is just to a manufacturer of very small turbines - I was referring to the >1MW machines (i.e. the ones you can make some money on)