NIKV69
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Posts: 10910
Joined: Wed Jan 28, 2004 4:27 am

T Boone Pickens A Victim Of The Rhetoric.

Wed Jul 08, 2009 1:50 pm

http://news.yahoo.com/s/ap/20090707/ap_on_bi_ge/us_pickens_wind_energy


I think we all knew this was coming but last year it was one of the rallying cries on how we were going to get off oil. Once the smoke cleared and the election was over the cold hard truth set in. You just can't stick some windmills up and start getting power without a lot of overhead and work to get it going before you even see any savings. This reminds me of what happened here in NY when the town I live in made the code so that if you put one up it wouldn't be nearly high enough to benefit from the wind to save you anything. Words are great but you better be ready to back them up. I think I remember Hillary saying something like that in the Primary.  biggrin 
Hey that guy with the private jet can bail us out! Why? HE CAN AFFORD IT!
 
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Pellegrine
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RE: T Boone Pickens A Victim Of The Rhetoric.

Wed Jul 08, 2009 2:08 pm

Pickens did everything one man could. His plan is a victim of regulation and poor infrastructure. Of course if you build 1-4 nuclear reactors worth of wind turbines in a remote area you need huge transmission capacity.
oh boy, here we go!!!
 
L-188
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Joined: Wed Jul 07, 1999 11:27 am

RE: T Boone Pickens A Victim Of The Rhetoric.

Wed Jul 08, 2009 2:44 pm

It was a poor buisness plan to start with.

The answer my friends isn't blowing in the wing, the answer isn't blowing in the wind.
OBAMA-WORST PRESIDENT EVER....Even SKOORB would be better.
 
mt99
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Joined: Wed May 26, 1999 5:41 am

RE: T Boone Pickens A Victim Of The Rhetoric.

Wed Jul 08, 2009 3:00 pm



Quoting L-188 (Reply 2):
It was a poor buisness plan to start with.

I think thats more like it. Definitely poor business plan.

Quoting L-188 (Reply 2):

The answer my friends isn't blowing in the wing, the answer isn't blowing in the wind.

Not completely. But a good 20% of the answer is indeed Wind
Step into my office, baby
 
Klaus
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Joined: Wed Jul 11, 2001 7:41 am

RE: T Boone Pickens A Victim Of The Rhetoric.

Wed Jul 08, 2009 3:50 pm

The business plan depended largely on rising energy costs. The financial crisis has provided a temporary respite for consumers in that regard, but that will pass again, sooner or later.

Pickens probably was a bit too ambitious too early in the ongoing development in view of the financial crisis, but the concept had merit.
 
michlis
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RE: T Boone Pickens A Victim Of The Rhetoric.

Wed Jul 08, 2009 4:19 pm



Quoting L-188 (Reply 2):
It was a poor buisness plan to start with.

But at least he had a plan and he tried. You don't make it to his level of wealth without taking risks and yes even falling flat on your face a few times.
If you know the enemy and know yourself, you need not fear the outcome of a hundred battles.
 
rfields5421
Posts: 5712
Joined: Thu Jul 19, 2007 12:45 am

RE: T Boone Pickens A Victim Of The Rhetoric.

Wed Jul 08, 2009 4:36 pm

This is just another salvo in Pickens plan for building a privately held electrical transmission network across north Texas financed by taxpayers and eminent domain takeovers of private land for the transmission lines.

Quote:
He'd hoped to build his own transmission lines but he said there were technical problems.

It is aimed at the Texas Legislature which needs to authorize him that ability. He was turned down by the legislature recently, but they have now started the normal special session every sixty days.

Pickens is not willing to use the existing power grid infrastructure to distribute his power like other wind producers are using. Yes, there would have to be some upgrades to handle large amounts of new generated power, but not a wholesale replacement.

Pickens will accept nothing less than new transmission lines from the panhandle down along the Red River to the north Texas area near Fort Worth. Pickens insists that his company own the lines, and unlike many high voltage transmission lines, his privately held company must own the land over which the lines travel. He says he must have eminent domain authority to take over land at 'reasonable values'.

He also want ERCOT, the Texas statewide power management system, to provide funding to build the transmission lines via taxpayer supported bonds. But his company will own the transmission network. Not ERCOT or the taxpayers.

Quoting L-188 (Reply 2):
It was a poor buisness plan to start with.



Quoting Klaus (Reply 4):
The business plan depended largely on rising energy costs.

Pickens said early on that for this plan to be economically viable, the price of oil has to be above $80 per barrel.

Quoting Michlis (Reply 5):
But at least he had a plan and he tried.

He has a plan, and he has not given up. This story is about political pressure, not a change in location, strategy or direction of his plan.

Though he will certainly be willing to move the site if another state or government entity is willing to give him the money and ownership he wants.
 
mt99
Posts: 6166
Joined: Wed May 26, 1999 5:41 am

RE: T Boone Pickens A Victim Of The Rhetoric.

Wed Jul 08, 2009 4:52 pm



Quoting RFields5421 (Reply 6):
Quote:
He'd hoped to build his own transmission lines but he said there were technical problems.

Yea i also picked up on the "technical problems" part. There a LOT more to that story.

I certainly do not blame him for wanting his own power lines. However, the methods he seems to be using are sketchy at best though.

So - back to the original point.. its a matter of politics vs viability of Wind Energy.
Step into my office, baby

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