0bserver Posted July 28, 2023 Share Posted July 28, 2023 5 minutes ago, Happier diner said: I wasn't meaning to be defensive. Just frustrated by the abject negativity on here. Not like you to be that way. The MEA debt is our debt. Its a result of bad decisions and bad governance from some way back. It shouldn't be a reason for not doing something that is right at this moment in time. To not do something now is as bad as doing something badly wrong all those years ago. The business case for wind power is well made. On shore is çheapest. I suspect the business case will stack up. But it's only right that any future capital schemes are put under intense scrutiny after recent shenanigans. A single penny shouldn't be spend before they provide an airtight business case... which shouldn't be hard to do. 2 Quote Link to comment Share on other sites More sharing options...
Happier diner Posted July 28, 2023 Share Posted July 28, 2023 2 minutes ago, 0bserver said: A single penny shouldn't be spend before they provide an airtight business case... which shouldn't be hard to do I'm with @Mercenary. ImO they have spent the last few years doing that. Time for action. Quote Link to comment Share on other sites More sharing options...
finlo Posted July 28, 2023 Share Posted July 28, 2023 10 minutes ago, Happier diner said: The Isle of Man. Ah, not the bill payer then, they're just expected to finance it! Quote Link to comment Share on other sites More sharing options...
Happier diner Posted July 28, 2023 Share Posted July 28, 2023 2 minutes ago, finlo said: Ah, not the bill payer then, they're just expected to finance it! Not sure what you mean. Surely if we use renewable energy and uts actually cheaper than what we have now that's a benefit to everyone on the Island. Sure is better than an option that is more expensive that what we have now. Quote Link to comment Share on other sites More sharing options...
b4mbi Posted July 28, 2023 Share Posted July 28, 2023 28 minutes ago, Mercenary said: some negative visual amenity associated with it. You work in the planning department and I claim my £5. Say what you mean, they look shit! Quote Link to comment Share on other sites More sharing options...
finlo Posted July 28, 2023 Share Posted July 28, 2023 1 minute ago, Happier diner said: Not sure what you mean. Surely if we use renewable energy and uts actually cheaper than what we have now that's a benefit to everyone on the Island. Sure is better than an option that is more expensive that what we have now. It may make generation cheaper but not the unit cost! Quote Link to comment Share on other sites More sharing options...
Happier diner Posted July 28, 2023 Share Posted July 28, 2023 Just now, finlo said: It may make generation cheaper but not the unit cost! That makes even less sense. Quote Link to comment Share on other sites More sharing options...
Happier diner Posted July 28, 2023 Share Posted July 28, 2023 2 minutes ago, b4mbi said: You work in the planning department and I claim my £5. Say what you mean, they look shit! They look fantastic Quote Link to comment Share on other sites More sharing options...
b4mbi Posted July 28, 2023 Share Posted July 28, 2023 1 hour ago, 0bserver said: There is one thing I'm curious about... they're proposing to add another £40m(+) to the MUA debt... that's already at about half a billion pounds. What is the plan to pay that off and when will it be cleared? They paid £55m alone this year just to service the debt... there's no way on earth that is sustainable. Let's give them the benefit of the doubt and say their £40m costing is accurate... you could build a wind farm every year for the amount it costs to just service the debt... But if the gas flows as expected, that MUA debt to treasury and the bonds can be paid off, and the windmills built, with load to spare, even if the windmill cost runs 5 times over budget. Which is why Alf is 100% right to find out for certain by drilling if the gas will get us out of a massive financial hole. Quote Link to comment Share on other sites More sharing options...
b4mbi Posted July 28, 2023 Share Posted July 28, 2023 2 minutes ago, Happier diner said: They look fantastic Yeah, personally no issue with them and their visual amenity. 😄 Quote Link to comment Share on other sites More sharing options...
finlo Posted July 28, 2023 Share Posted July 28, 2023 3 minutes ago, Happier diner said: That makes even less sense. They make it cheap and sell it dear comprened. Quote Link to comment Share on other sites More sharing options...
0bserver Posted July 28, 2023 Share Posted July 28, 2023 4 minutes ago, Happier diner said: They look fantastic They don't look any worse than say Laxey Wheel. 1 Quote Link to comment Share on other sites More sharing options...
finlo Posted July 28, 2023 Share Posted July 28, 2023 2 minutes ago, b4mbi said: But if the gas flows as expected, that MUA debt to treasury and the bonds can be paid off, and the windmills built, with load to spare, even if the windmill cost runs 5 times over budget. Which is why Alf is 100% right to find out for certain by drilling if the gas will get us out of a massive financial hole. And if it doesn't...... Quote Link to comment Share on other sites More sharing options...
Happier diner Posted July 28, 2023 Share Posted July 28, 2023 5 minutes ago, finlo said: They make it cheap and sell it dear comprened. Well they sure as hell won't be able to sell it at all if it doesn't exist. At least if there is a low cost source of electricity there is a chance the price will come down. Comprendez? Quote Link to comment Share on other sites More sharing options...
finlo Posted July 28, 2023 Share Posted July 28, 2023 2 minutes ago, Happier diner said: Well they sure as hell won't be able to sell it at all if it doesn't exist. At least if there is a low cost source of electricity there is a chance the price will come down. Comprendez? What makes you think that the price will come down? 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.