http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/ Engadget Comments for Ontario and Samsung seal $6.7 billion renewable energy deal http://www.engadget.com/media/feedlogo.gif http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.windshare.ca/images/243/87VQxp87eF.jpg]]>Jan 22nd 2010 2:34AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
As I remember, Hydro Ontario is buying the power from that windmill at a lost. And half the time it's not spinning. ]]>Jan 22nd 2010 4:03AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 23rd 2010 9:29PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 2:35AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 2:38AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
haha, you ever been to the UK?]]>Jan 22nd 2010 3:19AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 3:55AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/A lot easier and safer than it used to be.]]>Jan 22nd 2010 9:00AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/

shoot it to the moon, we dont need nuclear waste on our planet.]]>Jan 22nd 2010 9:07AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 2:40AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 3:01AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 7:06AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 3:15AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 9:30AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
Plus we could get the hell out of the Middle East now that they have the octane we would no longer need.

Not that it would ever happen, but still...]]>Jan 22nd 2010 4:01PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 3:46AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 7:15AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 3:59AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
GOSH, ARE WE STUPID. Especially considering how we subsidized those green energy companies here with billions just to have them all go down the crapper because of the cheaper Chinese competitors.]]>Jan 22nd 2010 4:51AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 4:55AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
"Over here in Germany 7% of the renewable energy was produced by wind in 2008, while renewable energy had a percentage of 14,8% in total energy production."

That just sounds like a statement. Not saying, wow Germany is doing so great or anything. Just that they produce such and such an amount. Great, people are using more renewable energy. Cheers all around. Can't we all just be happy about that? :)]]>Jan 22nd 2010 6:39AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
@ cain I don't think it's stupid to invest into renewable energy. First of all it's good for nature and second it's mandatory to stay economically and technologically competitve. By the way: don't you know that uranium ressources are limited on earth? ]]>Jan 22nd 2010 8:10AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 4:04PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
I think that the government should provide the money to the towns and cities so that they can manage their own wind farms and keep the profits locally. ]]>Jan 22nd 2010 4:11AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
I think that the government should provide the money to the towns and cities so that they can manage their own wind farms and keep the profits locally. ]]>Jan 22nd 2010 4:14AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
I think that the government should provide the money to the towns and cities so that they can manage their own wind farms and keep the profits locally. ]]>Jan 22nd 2010 4:16AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 4:17AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/"Whoops, how did that happen?"
may be your evil twin.

Anyways, while they are expensive, windmill are kinda cute, looks good, they are green and, the best of all, the more global warming = more wind = moar energy.

]]>Jan 22nd 2010 7:03AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
"Anyways, while they are expensive, windmill are kinda cute, looks good, they are green and, the best of all, the more global warming = more wind = moar energy."

I do like windmills but the Kennedy's and many environmental groups don't. Also, it's actually during colder periods (when equator to pole temperature gradients are higher) that we see higher winds. ]]>Jan 22nd 2010 12:20PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/PS $7 billion/4,000 jobs = ~$175 million per job.]]>Jan 22nd 2010 12:21PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
OK I haven't had my coffee yet...that's $1.75 million/job :-)]]>Jan 22nd 2010 12:24PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 4:21AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 7:24AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 9:21AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
Back to this deal: This is a deal *just* for the province of Ontario...the federal government is a right wing neo-con group of fools who only put money into the oil sector in Alberta. Just be aware that it's not Canada as a whole doing this, just Ontario.
Alberta sucks...couldn't resist but it really does suck...

]]>Jan 22nd 2010 10:07AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 10:25AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 11:19AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 11:44AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://en.wikipedia.org/wiki/Electricity_sector_in_Canada
ontario imports 3.7% of their power while quebec imports 14.4%

go to quebec for help? please.]]>Jan 22nd 2010 11:48AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 1:23PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/And remember that most of that $7B will be going to Japan, not Canada.

Maybe Sammy will invest it in cheaper OLED manufacturing technologies? :)]]>Jan 22nd 2010 1:41PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
Why will most of the $7B be going to Japan? Am I missing something here, or is this guy just plain stupid? I guess the latter is true.]]>Jan 22nd 2010 9:41PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
Please don't assume others are stupid unless you wish others to assume you are stupid. Especially when you ask a question and have not yet waited for any response, which would tend to indicate you are the one who is stupid.

You asked if you are missing something, and in fact you are. The situation is simple. Most of the $7B will be spent on equipment, not salaries or other wages. While I am not an expert on such things, I would expect that high-efficiency generators are probably rather pricey. As such, most of the money will be going to Japan to pay for the equipment, and the relatively high manufacturing costs and administrative salaries (and recovered research costs and such), not the relatively low construction costs.

If I buy five new $20,000 servers from Sun, and I pay another $10,000 for on-site setup by Sun, all that $110,000 goes to California even though I live in Virginia. Unless Sun decides to use local contractors, the only money that stays in Virginia is the salary paid to the network administrator. And possibly sales tax. Even if they use local contractors, they get a relatively small percentage of even the installation costs, and none of the hardware cost.

I would expect that the recurring wages and salaries for the created 4000 employees are not even included in the $7B, though construction and installation should be.

(Besides, somebody with a username of "huhuhuhu" should be slow to call anybody "stupid".)]]>Jan 22nd 2010 10:00PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
You still haven't explained why most of the $7-billion will be going to Japan. Hint: Samsung is a South Korean company.

You may not be stupid, but your xenophobia is certainly poorly aimed.]]>Jan 22nd 2010 11:37PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
Sorry. Yea, maybe not stupid, not xenophobic, but blatantly ignorant sometimes...

I guess I'm still in the 80's mindset that the US usually creates the tech; Japan then improves the tech, improves manufacturing in quantity (thus reducing unit cost), and adds new, desirable features (thus making the tech more marketable); Taiwan does a good job of reproducing tech while maintaining quality, and China copies everybody else without regard to legality or quality (thus making the tech far cheaper), spurring the competition to innovate and continuing the cycle.

I forget that the above cycle is not always accurate, and that for the past 20-30 years other countries (like South Korea and, to a lesser degree, Thailand) are now also doing a very good job at tech.

I'm probably missing some other ones, not to mention that no country can accurately be generalized in such a way, despite our ways of thinking leading us to do so.

And the little detail that Samsung did in fact originate in Korea and happens to be one of the largest electronics manufacturers in the world. I'm familiar with Samsung products, but forgot their history. But Wikipedia is your friend!

And I still want Samsung to put some of the revenue into reducing OLED cost...]]>Jan 23rd 2010 12:20AMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
Sorry, I am not the one who is stupid. Did you realise you are too stupid not to know the which country those flags shown in the picture origin from? Maybe you should go back to high school to take some more geography classes. Then you would learn what Japan flag looks like.]]>Jan 26th 2010 4:56PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
Also, I want to hear about the explanation about Thailand doing a very good job at tech. Wonder if this guy has ever been to Asia.

I do not think this person "forgot their (Samsung) history" but rather he never knew. Ignorant simply means stupid.]]>Jan 26th 2010 5:17PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 22nd 2010 7:14PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/Jan 23rd 2010 11:24PMhttp://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/
No. Samsung Electronics is not a sister company of Samsung Group. You would use the term "sister company" to describe a company which is owned by the same parent company as another company. So you can say Samsung Electronics is a sister company of Samsung Heavy Industries, but not Samsung Group. The correct term is subsidiary; Samsung Electronics is a subsidiary of Samsung Group, and your could also say that Samsung Group is the parent company of Samsung Electronics.]]>Jan 26th 2010 5:05PM