Shetland windfarm - Viking Energy

[ArabiaTerra]

At where are these figures that you use to shout everybody down.

Can you please point me in the right direction or is it just you that is privy to them.

 

You can find most of the information here:

 

http://www.vikingenergy.co.uk/your-questions-answered.asp

 

It's worth having a look around the VE site as a lot of the questions that get asked on this thread are answered there.

 

And I apologise for the tone of my previous post. I just get annoyed having to answer the same questions over and over again, especially when a little effort on the part of the asker (ie: checking out the VE website) would give them the answers they're looking for.

[ArabiaTerra]

And another thing:-

 

If there are some questions you have about the windfarm that you can't find the answer to on the VE website, then e-mail them. They're usually quite quick and happy to respond.

 

http://www.vikingenergy.co.uk/contact.asp

[unlinkedstudent]

And another thing:-

 

If there are some questions you have about the windfarm that you can't find the answer to on the VE website, then e-mail them. They're usually quite quick and happy to respond.

 

http://www.vikingenergy.co.uk/contact.asp

 

But it isn't their website, is it? That's a blooming huge whopping porkie. It's Shetland Aerogenerators' website and that particular company has nothing to do with VE although some of the shareholders/directors might profit from it being built. Why oh why can't Viking Energy/SSE/whatever name they choose to adopt get their act together and host their own website?

[shetlandpeat]

how much did the nuclear stations cost to build/run and decommission it is estimated that it will cost 70 odd billion to clean up the power stations.

The figure you quote there Paul is the cost of cleaning up just one nuclear power station.

 

Yup, not owning the web site must be a huge logistical time bomb for V.E. they will probably collapse and wither just because of that...shame on them

[merkin]

 

Good grief, it's not as if we haven't been over this a dozen times already in this thread.

 

Please excuse those of us who are clearly your intellectual inferiors.

 

Forgetting any interest on an unknown amount of required borrowing- CT invests (with no cast iron guarantee of return) 70m in windfarm.

 

Therefore CT bank account ie Shetland reserves is 70m down.

 

At the optimistic 20m a year it will take 3.5 years putting every penny back in the bank to break even.

 

Thereafter and only thereafter will there be a profit into the public purse.

 

 

Of course if any profit is 'spent' in true Shetland fashion we could be left in 25 years with a pile of rusting turbines and a CT no better off than it is now, what then for the next generation?

 

 

Clear?

 

 

"Any loss of earnings on the investment amount" ??!

 

What?

 

That 70m is currently invested in the stock market or wherever - every day it is earning return. If you take that 70m out and put it at risk elsewhere it is no longer bringing in that return - therefore loss of those earnings

 

Clear?

 

And no I do not go to the VE website, it is pure propaganda.... may I refer you to the wonderful photos of near invisible matchsticks on the horizon - if you believe that is how they will appear on the Shetland landscape then you are in for a rude awakening

 

Clear?

[shetlandpeat]

Wow, now you are attached to "those" earnings, there is little argument. Of course, you will not continue getting "those" earnings.

[ArabiaTerra]

 

Good grief, it's not as if we haven't been over this a dozen times already in this thread.

 

Please excuse those of us who are clearly your intellectual inferiors.

 

Forgetting any interest on an unknown amount of required borrowing- CT invests (with no cast iron guarantee of return) 70m in windfarm.

 

Therefore CT bank account ie Shetland reserves is 70m down.

 

At the optimistic 20m a year it will take 3.5 years putting every penny back in the bank to break even.

 

Thereafter and only thereafter will there be a profit into the public purse.

 

No.

 

The £20 million/year is after the loan has already been serviced.

 

 

Of course if any profit is 'spent' in true Shetland fashion we could be left in 25 years with a pile of rusting turbines and a CT no better off than it is now, what then for the next generation?

 

 

Clear?

 

I'm offering no opinion on what the CT actually does with the money

 

 

"Any loss of earnings on the investment amount" ??!

 

What?

 

That 70m is currently invested in the stock market or wherever - every day it is earning return.

 

Bwa-ha-ha-ha. Where on earth do you get the idea that any return on the stock exchange is guaranteed? The CT lost a couple of hundred million in the recent crash. Way more than the investment in the windfarm.

 

And no I do not go to the VE website, it is pure propaganda.... may I refer you to the wonderful photos of near invisible matchsticks on the horizon - if you believe that is how they will appear on the Shetland landscape then you are in for a rude awakening

 

Clear?

 

Yes, clear as mud.

 

Look, VE have to borrow the bulk of the money from the banks. This means they've got to convince the banks that it is a good investment. Otherwise the banks won't get their money back. That is why you can trust the VE figures.

 

They're not like "sustainable" Shetland who can post any old drivel they like.

[unlinkedstudent]

They're not like "sustainable" Shetland who can post any old drivel they like.

 

Indeed they're not Sustaintable Shetland. For one, they have to adhere to company law legislation and those companies mentioned on the VE website keep breaking that legislation, over and over and over again.

[shetlandpeat]

Yawn..If it were the case, why have you not reported them, unless of course you are complicit.

[paulb]

yes report them. if your sure they are breaking the law. what a great way to stop them. wonder why SS have not done it. must be easier to prove than whmibrel mincing.

 

just to be clear who are you accusing of criminal offences Scottish and southern or the charitable trust. maybe you would like to name the guilty parties. bet you dont

[unlinkedstudent]

yes report them. if your sure they are breaking the law. what a great way to stop them. wonder why SS have not done it. must be easier to prove than whmibrel mincing.

 

just to be clear who are you accusing of criminal offences Scottish and southern or the charitable trust. maybe you would like to name the guilty parties. bet you dont

 

I said they were breaking company law; which is, I believe a civil offence; whether it is criminal or not I'm not sure. I have contacted Companies House, both the English and Scottish offices. I have forwarded the details to Sustainable Shetland - do you seriously think that the only paperwork their legal team has and have referred to in the legal case is the whimbrel? Just because that's what the press have reported doesn't mean to say that other matters haven't been or won't be brought to the attention of the Court.

 

The harm has been done as they have been misleading people. Many people believed the Viking Energy "website" was owned by them when it isn't.

 

SP, so you're in favour of laws being broken then? Is breaking the law, no matter how minor, the way you want to see allegedly reputable companies and organisations behave?

[Fatal Paper Cut]

The harm has been done as they have been misleading people. Many people believed the Viking Energy "website" was owned by them when it isn't.

 

There was one woman on the Shetland News a couple of years ago, claiming that we were going to see the equivalent of 130 Eiffel Towers springing up in the Lang Kames. There have been various other ridiculous claims made by other parties in the anti camp. Whether or not Viking has mislead anyone (and I'm not sure they actually have), at least they haven't resorted to scaremongering, fear tactics and outright lies and misinformation.

[shetlandpeat]

Is it going to stop any further developments, no. It is a typical argument from the anti-turbine lobby, if however, no action has been taken thus far, it would appear that none will be taken. On the outset, your moaning about who owns a web site seems not to detract from the bigger issue. Is it in the interest of a greater justice? Not really. SS cannot even get its suppositions in order for existing complaint.

As for decommissioning nuclear power stations, the one here in the North West has cost inxs of £68 billion, and still rising, its scar on the planet will last thousands of years with on going costs. To produce one fifth the capacity of nuclear power station o/p for a far, far less ecological impact (even though all efforts will be put into improving the surrounding area(s)) can only be a good thing.

 

There is no real substance to the ownership of the web site in relation to the project, I guess a straw is a straw.

[Gug]

Is there no end to the dross spouted by ill-informed troublemakers like unlinkedstudent?

 

Here's some simple facts which I'm sure Viking Energy would confirm if you bothered to ask:

 

* the Viking Energy website is owned by Viking and run from its office in Lerwick.

 

* Viking pays for the website to be hosted by Consense, who designed it, although I understand a Shetland company is about to take over and build a new one.

 

* Shetland Aerogenerators are merely the owners of the domain name, having registered it years before Viking existed. It means nothing and everyone knows it's standard practice for domain names to be bought up and sub-licensed to users either for free or a fee. Famously, one of Shetland's busiest websites was badly affected by one of these arrangements when they fell out with the domain owner, who had a stockpile of local domain names. They had to go and relaunch their entire business using a new domain name.

 

Next conspiracy?

[unlinkedstudent]

@ Gug - doesn't negate from the fact that those involved are still in breach of company law in the way in which they've failed to put the requisite information on the website. Nice of you to conveniently forget that.