TRUST POWER

[Placebo]

quote:two 5 MW turbines positioned per km2, in an offshore area of 200 km x 200 km

Cloud cuckooland stuff. An area of 40,000 sq km? Offshore? Madness.

The guy sounds like a loony green.

Guys I'd be interested to know why you consider TPW to be such a rock-solid investment when it is as susceptible to the whims of the weather as Contact (perhaps more so as I understand a larger proportion of its generating portfolio is hydro). In saying that I'm assuming you consider TPW preferable to CEN.

[ananda77]

Building a wind-farm out on the ocean to satisfy all the energy needs of New Zealand would be indeed a world-first project ever to be achieved...and we could really be proud to be a KIWI.

<center>A Think Big Project to Think Big about</center>

[Placebo]

Beam me up Scotty. There's no intelligent life down here.

[Snow Leopard]

Ananda77

You can not put windmills anywhere on the grounds that someone might be able to see them from their house, thus making the house worthless.
Windmills also frighten animals, this is another fact well known to everybody except the animals.

Anyway the wind does not blow all the time, and sometimes when it does it blows to hard. They would only be useful if you had a system that could store extra generation by saying pumping water uphill and releasing later through hydro, so you have to add the cost of that.

And finally when you give an indicative indication of the say the wind power requirements of europe, people take it literally and say don't be silly.

The best bet is to buy shares in all the power related shares and then you can burn the annual reports to keep warm.

[Please note that there may be an element of sarcasm somewhere in this post]

[Snow Leopard]

Seriously putting wind turbines out at sea does have a few more problems than sticking them on terra firma. However NZ is one country that could successfully derive a reasonable amount of power from wind. It could be a good strategic decision for NZ to go for it.

[Placebo]

Perhaps they should borrow a leaf from the "Hugo Boss book of tennis" and hire top fashion models to pose atop the windmills.

That'd get my vote![}]

[ananda77]

Placebo:

Good idea, would most likely increase house-prices as well instead of the opposite.

Paper Tiger:

Good point re: energy requirements of Europe.

New Zealand would need far less wind mills spaced strategically around its landmass and in total a far less sqkm-area would be needed to achieve total energy independence.

It really would depend if we would want to produce hydrogen as well to power our much loved SVU's.

[duncan macgregor]

HEY guys dont let a little wind upset you. What we are talking about here is where the macdunk dollar goes and why. Trust power is a better bet than CONTACT ENERGY. Contact are caught up with gas which is running out. Look up what management pay themselves the greedy bastards will still be alright but not as good a prospect as TPW. Windpower is not a new idea the dutch used to and still do have windmills to pump water and mill grain. The modern windmill is a completely new concept it feathers itself to keep constant regardless of wind force. The KYOTO agreement means that windpower will get credits, and gas and coal will get thumpted. Nuclear power NZealanders wont even consider it,so get used to the idea of seeing wind farms. PREDICTION 20pc per annum plus divis long term.
MACDUNK

[duncan macgregor]

Buyers $5-66 sellers $5-90 . Going past that $5-60 sticking point. Dividend still to come in three weeks time. Looking good i cant see this dropping to much after the divi, the shares are on to big a trend. I will be in for more at that point all being equal.
macdunk

[ananda77]

16-July 2003: TPW-shareprice drops back 5% (fees not included) after going ex-dividend before substantial rise...hardly worth the trading.

This time round, a very substantial rise is in the cards if TPW announces positive news, as announced due around x-mas, re: go-ahead of planned projects in Australia and New Zealand and further certainty about Contact importing LNG - a high risk strategy for New Zealand but the best thing that could happen to TPW.