Nifty Neville out collecting $12 mill.  for the nonsensical name "Wind Hydrogen."


I won't be buying any.  Not in a fit.

freediver,  there are a bank of things that can go astray with the very best new business.
Let alone any unforeseeable ones .

nifty neville got that name for a reason.
Anyone put their money to his reputatiuon wants to be able to move quickly.
He won't be in there for your benefit.

About a year ago i was researching a canadian mining company.
Their physical business was in africa, they floated on the aussie market.
What is a canadian owned african company doing floating on the aussie market one may well ask ??
Same as an dodgy ex nsw premier chairing a renewable energy company.

They are both mining.  Mining the punters pockets.

Hydro electricity is more suited to baseload supply because it can be turned on and easily as needed.

Sprint, are you familiar with the association fallacy? Is there any meaningful link between those two companies? Is there anything specific about this one that you have a problem with, other than the political affiliations of the guy running it?

Is he suss because his political affiliations are different to yours?

How is he linked? Tenuously?

---

Debate over wind energy factory closure

http://www.smh.com.au/news/National/Debate-over-wind-energy-factory-closure/2007/08/22/1187462306939.html

The federal government has been accused of dawdling on green energy amid news a Victorian wind turbine blade factory will close.

Vestas Wind Energy will shut down its Portland blade factory by the end of the year, saying it is not profitable enough.

More than 130 jobs will be lost in what is a major blow for Victoria's wind energy industry.

Labor, the Australian Workers' Union (AWU) and Greenpeace have blamed the federal government for the closure.

---

sounds like an odd place for a wind farm:

Mac Bank signs on as wind farm partner

http://news.smh.com.au/mac-bank-signs-on-as-wind-farm-partner/20080108-1ku5.html

Australia's Macquarie Bank has signed with renewable energy company Epuron to build a $2.5 billion wind farm near Broken Hill, in far western NSW.

Epuron said the project would have as many as 500 turbines generating about 1,000 megawatts of electricity - enough to power about 400,000 homes.

The project, estimated to cost about $2 billion when first announced in October, is awaiting development approval from the NSW government.

It could be operational in stages by late 2009.

NSW Energy Minister Ian Macdonald supports the project that would create 100 permanent jobs in the local area.

Four landholders have already agreed to host the wind turbines.

---

Portland wind farm gets go-ahead

http://news.smh.com.au/portland-wind-farm-gets-goahead/20080124-1nw2.html

The third stage of Australia's largest wind farm development, at Portland in Victoria's southwest, has been given the go-ahead by the state government.

Acting Planning Minister Peter Batchelor said Pacific Hydro now had development approval to build the Cape Nelson South Wind Energy Facility, south of Portland.

He said the third stage in the $330 million Portland Wind Energy Project (PWEP) will involve the construction of 22 generators which will provide 44 megawatts to Victoria's electricity grid when completed.

Stage one of the project at Yambuk has been completed and construction is well underway on stage two at Cape Bridgewater.

"The next stage of this project is significant as PWEP will provide enough renewable energy to power more than 100,000 Victorian homes or a city the size of Geelong," Mr Batchelor said.

"It will avoid production of around 750,000 tonnes of carbon dioxide every year - equivalent to taking more than 150,000 cars off the road or planting around three million hectares of plantation forest."

The Cape Nelson site brings the number of approved wind farms in Victoria to 13, in addition to the five already operating.

---

This doesn't look good for wind power:

http://en.wikipedia.org/wiki/Wind_power

Theoretical potential
Wind power available in the atmosphere is much greater than current world energy consumption. The most comprehensive study to date[53] found the potential of wind power on land and near-shore to be 72 TW, equivalent to 54,000 MToE (million tons of oil equivalent) per year, or over five times the world's current energy use in all forms. The potential takes into account only locations with mean annual wind speeds ≥ 6.9 m/s at 80 m. It assumes 6 turbines per square km for 77 m diameter, 1.5 MW-turbines on roughly 13% of the total global land area (though that land would also be available for other compatible uses such as farming). The authors acknowledge that many practical barriers would need to be overcome to reach this theoretical capacity.

The practical limit to exploitation of wind power will be set by economic and environmental factors, since the resource available is far larger than any practical means to develop it.