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Germany needs a bailout

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  • Registered Users, Registered Users 2 Posts: 111 ✭✭Ouch Chinese Byrne


    Who was greedily taking the money from the banks in the first place?



  • Registered Users, Registered Users 2 Posts: 2,338 ✭✭✭Bit cynical



    Doesn't matter. If you are lending money, it is up to you to assess the quality of those you are lending to. The likes of Anglo lent to developers to build housing estates in areas that no one wanted and the loans defaulted. Anglo deserved to fail for that reason. Doesn't matter that those developers were idiots that could not run their businesses. Anglo failed because they made bad lending decisions. But likewise, those who lent to Anglo deserved to take a hit rather than the tax payer in Ireland.



  • Registered Users, Registered Users 2 Posts: 5,776 ✭✭✭fly_agaric


    You got booted off that Russia thread didn't you? Usually that is for making some kind of "both sides" comment about Ukraine invasion, as you've kind of done there (or more rarely, openly supporting Russia).

    There are lots of such posters in this thread who have a great interest in telling us (in the EU) what's good for us...

    (lift sanctions, stop supporting Ukraine, kowtow to Lord Putin so the Great Tsar doesn't doom you all to a winter of sitting at home in the cold with no job eating baked beans out of a can!).



  • Registered Users, Registered Users 2 Posts: 23,246 ✭✭✭✭Dyr


    LOL Lads desperate to equate wind with sources that are actually reliable and storable. Sure, If we just invest even more into Eamons pixie dust it will become viable.

    Heres a quiz: whats a common metaphor for used to decsrible something that is not reliable? As changeable as the..... 😂



  • Registered Users, Registered Users 2 Posts: 251 ✭✭In the wind


    Gazprom majority shareholder of Nordstream pipeline:

    image.png




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  • Registered Users, Registered Users 2 Posts: 7,819 ✭✭✭timmyntc


    Hardly a surprise - they are the subject of massive amounts of sanctions



  • Registered Users, Registered Users 2 Posts: 5,700 ✭✭✭Padre_Pio


    That's why we have a weather forecast.

    You see the same talking to lads about ICE vs EV cars.

    Some lads just love to burn stuff.



  • Registered Users, Registered Users 2 Posts: 4,242 ✭✭✭brokenangel


    Our weather forecast are more or less spot on these days. Not just for tomorrow but for weeks in advance.

    The only people I see talking about wind only is down to lack of knowledge on renewables.

    A renewables grid is balanced across multiple sources. Every single piece of information you will find will say the same. Some will say about a backup like gas etc.

    The big difference is having gas as a backup or having gas as the primary. Now I am 100% sure you will ignore this and continue with the "what happens when the wind doesn't blow" so please continue



  • Registered Users, Registered Users 2, Paid Member Posts: 8,687 ✭✭✭MrMusician18


    That's not true and it's observably not true. Long range weather forecasting is completely unreliable beyond 7 days.

    Even wind forecasting next day it far from perfect. The eirgrid wind forecast is routinely out by more than 20%. At the moment, (literally right now) wind is double what was forecast. Yesterday there were times when wind was 35% of forecast.



  • Registered Users, Registered Users 2 Posts: 23,246 ✭✭✭✭Dyr


    Ignore that fact that you think wind is as predictable and storable a power source as gas and oil? I can't help but notice that you believe that.

    What other pixe dust solutions do you have that will replace oil and gas and without relying on speculative fiction?



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  • Registered Users, Registered Users 2 Posts: 15,242 ✭✭✭✭Danzy


    With the head of the company an ex German Fsb/KGB agent with a 35 year very close friendship with



  • Registered Users, Registered Users 2 Posts: 4,242 ✭✭✭brokenangel


    Not sure who you are using for weather but the companies the airlines are using etc are bang on. Not some free app on the web.

    As I said the point of a grid is balanced, so multiple renewable but everyone always gets hung up with the "what happens when wind doesn't blow". With f**k all investment wind can still supply 36% of power.

    Solar is available and finally we are building solar farms. PLus all the rest. We have a national herd, we should be using that.

    I am sure the next post will be "what happens when the wind doesn't blow"

    Do you think repeating "pixie dust" in each post is hilarious or something?

    THe information is available on renewable grid. Have a look or not.



  • Registered Users, Registered Users 2 Posts: 5,700 ✭✭✭Padre_Pio



    Is there one person who believes that wind is as predictable as gas? No. Stop with the strawman argument.



  • Registered Users, Registered Users 2 Posts: 19,712 ✭✭✭✭rob316


    They were warned by everyone including Trump don't increase your dependency on Russian energy, now the biggest economy in Europe faces coming to a grinding halt by winter. Germany should be charged an extortionate amount for gas if we have to cut back our usage.



  • Registered Users, Registered Users 2 Posts: 19,712 ✭✭✭✭rob316


    Lets be honest Russia invaded a country with no allies, they aren't in Nato or the EU. Its a proxy war with the US, Ukraine is the missing piece of the puzzle to close in their defense perimeter around Russia.



  • Registered Users, Registered Users 2 Posts: 23,246 ✭✭✭✭Dyr


    There seems to be, or at least that wind is in someway comparable to gas and oil when it comes to predictablity and storage 🤔



  • Registered Users, Registered Users 2 Posts: 4,242 ✭✭✭brokenangel


    Exactly, nobody said that and as I mentioned gas can be used as a backup



  • Registered Users, Registered Users 2 Posts: 23,246 ✭✭✭✭Dyr


    Right so your answer is wind and solar but pointing out that wind is unreliable is not allowed because its so achingly obvious that it doesnt count somehow

    Solar power in.... Ireland, when there isnt a nation on this earth relying on solar as even nearly their mainstay for fuel.

    And now we add cowfarts apparently, even though the Greens want most of them slaughtered.

    Did I not specify solutions that don't require speculative fiction? Pixie dust is the most accurate way to describe this stuff including your "plus all the rest"

    Just admit that none of this stuff can replace fossil fuels and still keep the lights on.



  • Registered Users, Registered Users 2 Posts: 4,242 ✭✭✭brokenangel


    You posted the same stuff on the green agenda thread. Seems you are a little obsessed with fossil fuels.

    Yes solar power in Ireland, you should talk to all the households around Ireland using it, you might learn something.

    At least you managed to put "pixie dust" into the post. it would be terrible if you didn't add that in.

    Leave you to it, as I said, my advice is do some research. You would be amazed



  • Registered Users, Registered Users 2 Posts: 5,700 ✭✭✭Padre_Pio


    Wind is not unreliable. Wind is there when we need it, and we have alternatives when it's not.

    Has there ever been an outage due to lack of wind? No, yet already at times, it powers half the country. The entire country if we have a windy night.

    Solar is a small sector (5% now I think),buts it's growing especially in microgeneration. Solar installs have increased massively in the past few years, both in the number of installs and per kW.

    In 10 years time you'll be laughed at for suggesting fossil fuels as the main source of electricity generation, and it'll be 10 years before any new fossil fuel plant will be online.

    10 years ago you'd be laughed at for considering an air-to-water or a passive house. Put in an auld oil boiler or a fireplace.



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  • Registered Users, Registered Users 2, Paid Member Posts: 8,687 ✭✭✭MrMusician18


    I'm using the same data that eirgrid are using to manage the grid. The wind forecast is far from spot on.

    The data is all freely available if you want to go look for it.

    Anyway this is all beside the point. Even if you consider it technically feasible, renewables are not on the European grid in anywhere near the quantity necessary to replace gas this winter, or next winter.



  • Registered Users, Registered Users 2 Posts: 7,669 ✭✭✭brickster69


    FED raises rates to 2.5% and suggests further rate hikes are coming to target inflation.

    Niccolò Machiavelli :

    "To ally with great powers to defeat your neighbour is a strategic trap; if you win, you become the slave of the greater power; if the allied power is defeated, you remain alone and defenceless against the angry neighbour, and you are destroyed." - Niccolò Machiavelli



  • Registered Users, Registered Users 2 Posts: 1,609 ✭✭✭Tonesjones


    ECB miles behind. Euro currency in the toilet and a winter of energy crisis, possible food shortages and out of control inflation ahead.

    Lagarde, Lane and Co have failed the citizens of Europe again with their procrastination, naivety, cowardice and disregard .



  • Registered Users, Registered Users 2 Posts: 21,325 ✭✭✭✭Donald Trump


    Coal is only really suitable for base load generation.


    Different models for electricity generation and pricing exist across the world, and even differ from State to State in the US for example. One unusual aspect of electricity generation is that you can have negative prices under certain systems. For those, the generators may be paying to supply electricity to the grid. It is cheaper for them to pay to supply it rather than bring their generators offline and back online.



  • Registered Users, Registered Users 2 Posts: 13,564 ✭✭✭✭tom1ie


    Why didn’t the energy minister realise that we have no gas storage In this country (LNG or CNG) and see that we are wide open to energy disruption for gas heating and electricity- seen as we generate approx 60% from gas or other fossil fuels.



  • Registered Users, Registered Users 2 Posts: 13,564 ✭✭✭✭tom1ie


    Wind stops blowing for prolonged periods if we get a high pressure system off Ireland a la winter 2021.

    We didn’t have blackouts because we were able to generate electricity using gas.



  • Registered Users, Registered Users 2 Posts: 1,609 ✭✭✭Tonesjones




  • Registered Users, Registered Users 2 Posts: 17,710 ✭✭✭✭Flinty997




  • Registered Users, Registered Users 2 Posts: 7,669 ✭✭✭brickster69


    A good lesson to be learnt though. Never **** with a country that you rely on for energy.

    Niccolò Machiavelli :

    "To ally with great powers to defeat your neighbour is a strategic trap; if you win, you become the slave of the greater power; if the allied power is defeated, you remain alone and defenceless against the angry neighbour, and you are destroyed." - Niccolò Machiavelli



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  • Registered Users, Registered Users 2 Posts: 1,451 ✭✭✭SortingYouOut


    What "weather companies" are airlines using that provide a better picture than the forecasts available to us?

    Beverly Hills, California



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