Construction costs are currently skyrocketing

In our area, one was burnt out, I believe vintage 1990, the thing was loud, it produced a penetrating permanent hum. Whereas the 11 new ones within 3 km as the crow flies we do not hear. But we do see them, they are huge. And many more are being added.

I personally like wind turbines. They remind me a bit of the windmills that Don Quixote fought against :cool:

Couldn’t one build a kind of tethered helium balloon-powered plant? At such a great height, there is really always wind.

Couldn't one build a kind of tethered helium balloon-powered power plant? At such a high altitude, there is really always wind.

Unfortunately, it is not supported by the government :cool:

Should I now demand money from Mr. Climate Change because I don't want it to burn more often near my house?

If a Peruvian farmer can sue German energy companies for damages because of climate change, then you certainly can too

Funny, the "Newsletter" from KfW just came in, stating what is no longer funded since yesterday. Now that's what I call timely information :rolleyes:

(Comparison to yesterday)

Holy moly, did I miss something? Compared to last week, the 10-year SWAP (which is often used here as an indicator for construction interest rates) is now almost 20%(!!) below the values from a week ago. Admittedly, last week it first went up slightly before going down, but these are now basically May levels. Basically, after both the ECB interest rate hike and now the FED interest rate hike, it dropped significantly one day later each time. Whether it will hold, no idea. Why that is? Also no idea (everything less high than worst feared?).

In terms of interest rates, KfW seems to adjust quite quickly (for the KFW-124 - already corrected down twice this week), so let's see what happens in the next few days.
We are actually considering sending off our financing helper person, but somehow things are pretty wild right now o_O