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 All water off a very large caldera to me
Lake Taupo levels and flows starting to look better - I hope it continues - maybe the SP is coupled to the lake level?
Also it has been interesting to note that the North Island has been a lot more self-sufficient (that is generating their own electric) than I would have thought for the last few weeks.
Best Wishes
Paper Tiger
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I don't think they have anything to hide, why would they? The Waikato river does not drive the turbines per se, it is the controlled spill from the dams on the lakes that drive the turbines that generate the power (hence controlled lake levels). The river tops up the big lake and then they control how much water is in each lake, and therefore each downstream section of the river, by spilling from each subsequent lake at varying rates until there are no more dams. There is take off along the river/lakes say for irrigation, but there is also inflow from tributary streams and springs.
 Originally Posted by snapiti
I think you will find this information is a classic case of smoke in mirrors.
I note the charts both short and long term only relate to the level of the lake when the real measure for MRP is water flow down the Waikato river.
You would think they would correlate quite nicely but as there are many other users of the water from the river they often do not.
Whilst the long term water levels of lake Taupo show in 2013 and in 2014 the level was lower than now the river flow charts show the current river flow levels are as low if not lower than those years.
my post 579 has the link to these figures.
More intensive farm irrigation maybe the cause.
Levels of lake Taupo mean F all to MRP.....it's the river flow for driving the turbines that matter and the fact that they choose to cover the lake levels more thoroughly than the water flow levels means they have something to hide........smoke and mirrors stuff PT.
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 Sheesh - Some people
Originally Posted by snapiti
I think you will find this information is a classic case of smoke in mirrors.
I note the charts both short and long term only relate to the level of the lake when the real measure for MRP is water flow down the Waikato river.
You would think they would correlate quite nicely but as there are many other users of the water from the river they often do not.
Whilst the long term water levels of lake Taupo show in 2013 and in 2014 the level was lower than now the river flow charts show the current river flow levels are as low if not lower than those years.
my post 579 has the link to these figures.
More intensive farm irrigation maybe the cause.
Levels of lake Taupo mean F all to MRP.....it's the river flow for driving the turbines that matter and the fact that they choose to cover the lake levels more thoroughly than the water flow levels means they have something to hide........smoke and mirrors stuff PT.
All I said was:
Originally Posted by Paper Tiger
BTW: They very kindly do provide the flow information for you.
Best Wishes
Paper Tiger
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Banned
Originally Posted by mouse
It is a valuable piece of plant, which will be sold overseas for a song and probably dismantled with imported overseas labour. Under old-fashioned generation it would have been kept operational against a catastrophy, until it could not be kept working. Costs of keeping it going would have been absorbed by the rest of the generation system. But today there is less emphasis on a secure supply and more emphasis on profit.
Sounds like someone who has worked in the industry and knows how inefficient it now is relative to the NZED and its predecessors. This plant wasn't that old, Todd are putting in brand new Gas Turbines of the same type into Taranaki (LM6000).
One of southdown's GTs was installed in 2007 according to Wikipedia, hardly a dinosaur compared to the likes of Manapouri or the 30% efficient Rankine units at Huntly.
Last edited by PSE; 24-03-2015 at 10:10 PM.
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Member
Originally Posted by PSE
Sounds like someone who has worked in the industry and knows how inefficient it now is relative to the NZED and its predecessors. This plant wasn't that old, Todd are putting in brand new Gas Turbines of the same type into Taranaki (LM6000).
One of southdown's GTs was installed in 2007 according to Wikipedia, hardly a dinosaur compared to the likes of Manapouri or the 30% efficient Rankine units at Huntly.
What is right for MRP and Todd are quite different. The cost of operation in the two locations are quite diff, Southdown on the end of a long pipeline. Todd seeking a short for their long Gas position. Apples and oranges and all that. hydro assets never really are a dinosaur, Gravity tends to drive a turbine rather similarly as it did 10 or twenty years ago! Limited efficiency improvements available for hydro turbine. Thermal kit on the other hand has improved as has Geo etc.
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Divvy in the bank today 
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Tomorrow Monday 11th May is the last day for MRP IPO holders to qualify for Loyalty shares 1:25 which are issued 21st May. Loyalty is a strange description, it has felt more like a noose. Energy companies taking a beating lately.
Last edited by Baa_Baa; 10-05-2015 at 07:49 PM.
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'I often quote myself. It adds spice to my conversation.' - G B Shaw
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Agree (for a change), us longs won't care too much, we've already weathered a few storms. Not sure what you mean by "Traders won't get them anyway". I'm glad I accumulated a few more below IPO and pre-election so still nicely ahead overall. Just punishing myself that I didn't trade out of my non-IPO holdings when the price was screaming 'get out', a missed opportunity. We'll see how the longs feel if the price continues down to the election breakout, or below, it may present a nice accumulation opportunity again, unless Snaps is correct on his EPS projections, though I think we're below his fair valuation already? The chart, fwiw says oversold on a number of indicators, but they've been stubbornly oversold for some time now. I'll stick with my weekly chart for an uptick before getting too much more into MRP.
Originally Posted by robbo24
Long term holders won't care.
Traders won't get them anyway.
If long term holders who are also traders exist then they would have sold and bought back more than the 4% bonus shares 
Happy holder right here, will enjoy my noose shares
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