When the weather affects your portfolio
- Image by thomas.merton via Flickr
Over the last 4 years my biggest investments have been in the development of wind farms, solar farms and in FON. One could argue that it is quite a diversified strategy. What correlation could there be among a global WiFi network, and wind farms and solar farms around Spain? Well there is one. On a day like today, when it is cloudy, but not windy, throughout Spain and cold everywhere in the Northern hemisphere, revenues are at their lowest in all companies. Solar Farms get no sun, Wind Farms get no wind, and people stay indoors and connect less to WiFi at FON. And on top of that, I can´t even go cycling ’cause it´s too cold! The weather sucks big-time today!
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Posted on General | 12:24 pm
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Posted by Juan Martínez Climent - December 4, 2008 1:05 pm - #
Vamos Martin, es un artículo genial, pero no puedo creer que entre tu árbol de dicisiones en esas inversiones estuvo el de “beneficios sustitutivos”…
Si es así, por favor confírmamelo porque entonces pasaré de leerte a admirante.
Posted by Elie - December 4, 2008 5:36 pm - #
Good weather is back in Spain
Posted by Elliott - December 5, 2008 1:32 am - #
Wind & solar farms are awaiting the development of better & larger rechargeable batteries to even out & match energy production with energy use. See http://www.greenenergyforearth.com/2008/11/15/forbes-take-on-lithium-batteries/ & http://www.greenenergyforearth.com/2008/11/28/solar-energy-wind-energy-batteries/
BTW, in south Florida the weather is great in December for solar (http://www.fpl.com/news/2008/062508b.shtml) & wind (http://www.fpl.com/news/2008/031808a.shtml) energy & bicycling. Probably also in BA.