[quote author=The Chairman link=topic=91351.msg576683#msg576683 date=1406044209]
its time to make a deal with a real worlwide company but like i said no need to go further than brazil use petrobras.
[/quote]
* The bulk of the oil off the shores of Guyana is located close to Venezuela.
* And the Venezualans have made it clear to the big International oil companies that they are not receptive to any drilling close to Venezuela.
[size=18pt]ANYWAY, FORGET OIL---BIG OPPORTUNITIES EXIST IN HYDRO & WIND FARMING[/size]
* Guyana is receiving 250 million dollars from Norway ----an incentive for Guyana avoiding deforestation.
* The government can use 100 million of that 250 million as equity in the amaila falls hydro.
* The Chinese are willing to provide the debt financing once a Chinese company does the construction of amaila.
* THERE IS NO NEED FOR SITHE GLOBAL/BLACKSTONE GROUP to be the amaila project sponsor.
* Sithe global wants a guaranteed 19% Return on investment.
* That would be great for them---but bad for Guyana.
* Once again---the Guyana government ought to use portion of the 250 million they are getting from Norway to get amaila going.
[quote author=The Chairman link=topic=91351.msg576789#msg576789 date=1406058498]
how does a wind farm works? suppose there is no wind?
[/quote]
HOW A WIND FARM WORKS
* Wind has kinetic energy---that gets converted into mechanical energy by the rotation of turbine blades---and the mechanical energy gets converted into electricity by generators inside the hub of the structure.
SUPPOSE THERE IS NO WIND
* As long as there is a sun---there will always be wind---wind originates from the sun.
* But wind is unpredictable---and the availability of wind energy is not constant.
* So wind energy is ideal as a supplement.
* For example, in Guyana, owners of the wind farm can sell electricity to GPL.
* But wind energy will not be ideal for the base load.
WIND POWER WORLDWIDE
* 2.5% of electricity worldwide is provided by wind power---and growing at 25% a year.
[quote author=cricketmaven link=topic=91351.msg576861#msg576861 date=1406069232]
Then Guyana will be a sucess for wind generation
[/quote]
Dem politicians in mudland known for spewing hot air from way back