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BBC article on tidal power

Posted: Mon Oct 23, 2023 5:30 pm
by Stig

Re: BBC article on tidal power

Posted: Tue Oct 24, 2023 9:10 am
by dan_b
One of my biggest Abundance Investments is in the Orkney Tidal generation schemes. If it can't be made to work there, it won't really ever work is my theory.

The Swansea Bay Tidal Lagoon seemed like a good idea a few years back when interest rates were super cheap as it just needed lots of civils to be built and that was it (grosss simplification) but unlikely to get built now that money isn't as free as it used to be

Re: BBC article on tidal power

Posted: Tue Oct 24, 2023 9:54 am
by Joeboy
dan_b wrote: Tue Oct 24, 2023 9:10 am One of my biggest Abundance Investments is in the Orkney Tidal generation schemes. If it can't be made to work there, it won't really ever work is my theory.

The Swansea Bay Tidal Lagoon seemed like a good idea a few years back when interest rates were super cheap as it just needed lots of civils to be built and that was it (grosss simplification) but unlikely to get built now that money isn't as free as it used to be
How is it going with the Orkney tidal Dan? Has any money been generated for you?

Re: BBC article on tidal power

Posted: Tue Oct 24, 2023 10:15 am
by dan_b
Was a 10% fixed rate of return on that debenture, so pretty good

Re: BBC article on tidal power

Posted: Tue Oct 24, 2023 10:16 am
by Joeboy
dan_b wrote: Tue Oct 24, 2023 10:15 am Was a 10% fixed rate of return on that debenture, so pretty good
Happy 😊 days!