Now if it does, then all that electricity will be available to the Nationial
Grid.
Unfortunately no. It would be available to parts of the South Island but the transmission lines aren’t up to taking it any further. While there was investment in Manapouri the powers that be have let investment in the lines drift. They are busy biffing water away at the moment as Tiwai point can’t use it and the power would have no where to go.
At the end of January 09 NWF should have 40 turbines operating, on line unrestricted, the calculator tells me (with 46% power factor) that 40 turbines generate 81,000MWhr's at $96 per MWhr (average sell price p.a. from memory)
So income should improve by $7.8 million per year.
Each turbine cost about a $1 million so getting close to 20% gross return off each turbine. It will be interesting to see how much they paid in real terms for Babcock and Brown's share?
At the end of January 09 NWF should have 40 turbines operating, on line unrestricted, the calculator tells me (with 46% power factor) that 40 turbines generate 81,000MWhr's at $96 per MWhr (average sell price p.a. from memory)
So income should improve by $7.8 million per year.
Each turbine cost about a $1 million so getting close to 20% gross return off each turbine. It will be interesting to see how much they paid in real terms for Babcock and Brown's share?
YOUR work sounds fine but when will returns begin this is a thing lacking in NZ
companies pure expansion makes NO money..
I've just had a week in PN visiting family. The progress of the turbines looks good (don't ask me how many were up, I wasn't counting), but I don't think I saw a blade move (well once or twice very slowly). I lived in PN for 20 something years and I've never seen it so calm for so long! Don't expect any income this week.
Tiwai
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Originally Posted by Billy Boy
When Will The Cash Cme Back To The Holders..
.......and blaming contractors
No Wind in Palmy!
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