• Ørsted’s Financial Situation: Causes and Solutions

  • Aug 27 2024
  • Length: 35 mins
  • Podcast

Ørsted’s Financial Situation: Causes and Solutions

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  • This week the Uptime crew looks at Ørsted's current financial state, reviewing recent difficulties and the pathway forward. What factor have offshore cancellations played? Is the American offshore environment too difficult? Will they source Chinese turbines? Who are their competitors? And our wind farm of the week is Cedar Springs Wind Farm in Wyoming! Register for the AMI Wind Turbine Blades Event! Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! Pardalote Consulting - https://www.pardaloteconsulting.comWeather Guard Lightning Tech - www.weatherguardwind.comIntelstor - https://www.intelstor.com Allen Hall: I just want to know when I go to Copenhagen next time are they going to be shooting me with squirt guns like they're doing in Barcelona? You're not a tourist there. You're on business. Am I? I like Copenhagen. It's quite nice. Rosemary tells me it's a good place to hang out and the restaurants are quite good. There's Michelin restaurants all over the place. Rosemary Barnes: I lived in Denmark for five years and I went to Copenhagen once in that time. It's It is a cool, it's a cool city. Europe's full of cool cities. It's so expensive to get from Western Denmark across to Copenhagen. You have to, yeah, it's like there's a bridge you have to pass each way that's like a hundred dollars for the just in one, one toll. Yeah and I was, it was much easier for me to get to Hamburg or Berlin. So I usually went there when I Had a need for big city stuff. Also the I really liked seeing music events, concerts and stuff like that, and Germany is much, much better for that than Denmark. Allen Hall: Can somebody say something nice about Denmark? Rosemary Barnes: Denmark doesn't need anyone to say anything nice about them. Denmark has the best PR out of any country in the world. Like how Facebook whatever? And it's just, like little reels about some amazing thing in Denmark. It's just. You get bombarded with it. Joel Saxum: Have you ever seen the Danish plug? It's actually like the power plug. It's actually a smiley face. That's how smiley they are. Rosemary Barnes: Everyone knows the Australian plugs are the best design though. Joel Saxum: Are they like the English? Rosemary Barnes: No, they're different. And they just it's just so secure, like you got angled pins that you plug it in and it is. In, none of these, the US ones with the parallel things where it's always just like sagging out a little bit with live, live wires, just just there, it, ugh, change it. Wait. And that's why you can only have 110 volts. It's survival. Have to lower your voltage so our kids can survive it. Allen Hall: The reason we have 110 volts is because we have the ability to mine copper. And we had the wealth to put in a little bit extra copper everywhere else in the United States versus Europe. Europe's at 220 or whatever it is, 221 because they have less access to copper, it's more expensive. Rosemary Barnes: So you're lazy and inefficient is what you're saying? Allen Hall: No, we just use the resources that are available. I'm Allen Hall and I'll be joined by the rest of the Uptime hosts after these news headlines. Brisbane based power generator Renewable Energy Partners has proposed a 5 gigawatt wind power complex in Queensland, Australia. The Bogunda wind farm is planned to be installed in phases. The initial phase is expected to be 2 gigawatts, with the capacity to generate electricity for 200, 000 homes annually. The project will be connected to the proposed CopperString 2. 0 transmission link.
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