"Green" policies are destroying this country

You're subtracting the €30 twice in the calculation?? (assuming you are saying the generators net position is a price of €90/Mwh) The generator gets paid the wholesale price (€150). But rebates €30, bringing the net position to €120 (Strike Price). Why would you subtract the €30 from the €120?

(RE the UK Offshore bit; A brief look at wholesale prices at the time of the outage indicates that there was something else going on in the UK that night of the 28th (probably in intraday market). The average wholesale price was about £80, which is about half the CfD strike price for Walney Ext. So I think the decisions, and influencing factors, made by the wind farm operators are far from clear)

I totally understand that everyone gets paid the SMP, and I said that days ago when this conversation kicked off. I think it's you who doesn't understand the dynamics in setting that SMP in the 1st place and what happens to get to arrive at the SMP, and it's this area where wind can have a positive effect on price for the consumer. I've tried explaining it, but you're response has consistently pointed out to me that I don't understand that wind gets paid the SMP (which I do). Circular conversation.

If we can't even have a conversation that progresses on an "as is" situation, how do you think a conversation about a hypothetical scenario in the future will go?

You are right in pointing out the title, my mistake. On re-reading it, it sounds like the decision is made that green policies will forever be bad and not up for discussion.

Complete spoofer that one and dangerous to boot. In all likelihood, Greta and her ilk will do more damage to the countries they claim to care about than CO2 would ever do.

Are milankovich cycles something climate change scientists agree with or is that fake news as well?

Very informative video for anyone willing to accept a differing view that climate change is caused 100% by humans.

It must be well into the 50`s now the number of times you have been asked the cost of this ESB offshore plan that you and others back and still nothing other than flannel.

Seeing as you are now an expert on the ESB portion of it, just give us the costing for that and we will be able to work out the total cost for ourselves. Yes/no ?

Ok, you really need to stop explaining how marginal pricing works. I've understand it since the start. But perhaps the nuance you're missing, when you talk about "even if renewable were 99% of generation" is that not all "gas generation" is equal when it comes to price making, the peakers that are used for marginal pricing are more expensive than the large baseload gas plants. Therefore, it does make a difference which gas plant is the marginal one. If it's Aghada 1/Poolbeg etc, we're laughing, an expensive <100MW peaker like North Wall , less so.

I assumed you subtracted the €30 from €120 because you stated the wind farm made a loss of €10. So, using the fairly standard equation:

Profit/Loss = Price - Cost

=> -10 = Price - 100.

That implies your price was €90, i.e. €120 - €30. Unless you are using some different definition of loss.

That wind farm gets paid a top up if wholesale prices are less than their strike price. Agree Their strike price is €120/MWh. Agree Their costs are €100/MWh so when wholesale price is less than their strike price they make a profit of €20/MWh. Agree When the wholesale price is greater than their strike price they are supposed to pay back the difference between that wholesale price (€150) and their strike price (€120). which would be €30 for every MWh they contribute Agree. €50 more per MWh than the €100 it costs them to generate each MWh. (Where has the €50 been calculated from?, and what is that? The whole point of CfD is that you always get the strike price, so in this situation, the profit will always be €20. Any payments in either direction are just to restore the balance to the Strike point)

Sure let's make it 137GW of offshore. We need to aim higher than Eamo's paltry 37GW for a grid that current has a max peak demand of 7GW.

We will most likely see someone coming along soon to tell us it`s a great idea because something something... economy of scale ... something something ... would mean it would be cheaper that the 30 GW when they cannot even provide the cost on the 30 GW plan.🤣

Well, the greenies admitted to including attic and cavity insulation in the total figures,turns out 16k were included in total, it was obvious to all (except you ) that they were massaging figures for retrofits.Maybe you need to read the article again, you seem confused.

https://www.irishexaminer.com/news/arid-41054327.html

I still have no idea why you believe that gas should not be decoupled or why you are so determined to ignore proposed gigantic capital costs for this latest plan on offshore.

Costs that according to a post here are going to be even greater than initially proposed, but no matter.

Sleepy Ryan believes it's ok for us to depend on a non-EU neighbour for energy security. I wonder does he read the Tory press ...

Sorry, the article is paywalled, but here's the gist:

It's ironic that the unpredictability of wind power played a role. And notice the little implied barb in the last sentence -- "we help the Micks but there's no quid pro quo from the ungrateful curs". Sleepy thinks it's still ok to depend on the kindness of strangers.

So you should, you are making a fool of yourself as usual.