Sign in

Pieter

@dekkerdekker.bsky.social
178 followers 346 following 100 posts
PostsRepliesMedia
Pieter @dekkerdekker.bsky.social · 14/10/2026
Economically, all nuclear power suffers from the same issue. It is expensive to build, but if real interest rates are low (or negative) then the net present value of 50 years of cash from operations is great. But that all ended after 2021, and the NPV is now maybe only a third of what it was
000
Pieter @dekkerdekker.bsky.social · 09/10/2026
Trump voters skew elderly. It is hard to imagine that they don’t understand what is going on with him. They must have seen it happen to parents and friends many times
020
Pieter @dekkerdekker.bsky.social · 08/10/2026
This is the “co-location with users of electricity” use case that EY covers in its accounting publication. The economics of this type of use make a lot of sense www.ey.com/content/dam/...
182
Pieter @dekkerdekker.bsky.social · 07/10/2026
Our new BESS publication helps finance, accounting and energy professionals navigate the IFRS accounting implications of battery storage arrangements before they become a mainstream reporting issue.
lnkd.in
#ifrs #energytransition #bess #ey | Pieter Dekker
Battery storage is reshaping power markets, investment models and corporate energy strategies. Our new publication (https://lnkd.in/eGai24tB) examines how IFRS applies to BESS arrangements, from direc...
030
Pieter @dekkerdekker.bsky.social · 28/09/2026
When I read '9x cheaper', I really have to work hard to suppress my inner George Carlin; "I don't have pet peeves - I have major psychotic fucking hatreds."
000
Pieter @dekkerdekker.bsky.social · 22/09/2026
Jeopardy answer: What is an ouroboros?
011
Pieter @dekkerdekker.bsky.social · 21/09/2026
Maybe start with the tri-state area first
010
Pieter @dekkerdekker.bsky.social · 21/09/2026
I could not agree more…
010
Pieter @dekkerdekker.bsky.social · 21/09/2026
If we start with the assumption that ‘AI is software‘ then it immediately seems unlikely that it will be dominated by a single company. Rather it will be the foundation for a whole series of companies that each have found a product/market fit for their application
000
Pieter @dekkerdekker.bsky.social · 19/09/2026
It seems that the car industry is rediscovering the Osborne effect. Buyers go on strike as they want the newly announced models, not the old stuff (with the associated high fuel prices)
en.wikipedia.org
Osborne effect - Wikipedia
041
Pieter @dekkerdekker.bsky.social · 18/09/2026
Het vinden van ruimte is één uitdaging, maar een grotere uitdaging is dat elektrificatie hierdoor enorm bevattelijk is voor vertraging in het vergunningen circus
000
Pieter @dekkerdekker.bsky.social · 17/09/2026
These are age old philosophical questions, but the AI folks strut around like they’ve discovered a new continent and would like to name it
031
Pieter @dekkerdekker.bsky.social · 16/09/2026
Economies of agglomeration are ignored at your own peril
051
Pieter @dekkerdekker.bsky.social · 12/09/2026
There is a bit of a sorcerer’s apprentice theme running through these companies. They are very smart but not very wise in the development and use of the technology
011
Pieter @dekkerdekker.bsky.social · 12/09/2026
No surprise. Southwark is not exactly known as being a playground for the rich. It is great though if you work in the city.
010
Pieter @dekkerdekker.bsky.social · 11/09/2026
If so, are they classified as PP&E under construction (no depreciation but subject to impairment testing) or as inventory of uninstalled parts (also no depreciation but subject to a net realisable value test).
000
Pieter @dekkerdekker.bsky.social · 10/09/2026
Real interest rates have gone up by something like 300bp in the past 5 years. This significantly reduces the value of any existing or prospective long-lived asset (like nuclear power plants)
120
Pieter @dekkerdekker.bsky.social · 08/09/2026
It goes back to the fundamental misunderstanding that while an individual businessman can get rich by cheating on health and safety rules, it is not how you can make your country rich
001
Pieter @dekkerdekker.bsky.social · 29/08/2026
Ik ben benieuwd wat het FD eind februari gaat schrijven…
020
Pieter @dekkerdekker.bsky.social · 29/08/2026
In retrospect, some of that previous Chinese demand was them filling their petroleum reserves. So underlying demand may have been weaker than it appeared to be
100
Pieter @dekkerdekker.bsky.social · 25/08/2026
I have said it before and I will say it again…
011
Pieter @dekkerdekker.bsky.social · 22/08/2026
The P1 port allows my EV charger to yield to the heat pump and other loads in the house. Also, you can have several dongles connected to the same P1.
020
Pieter @dekkerdekker.bsky.social · 20/08/2026
They’d better make sure to build a large space for the security checks
000
Pieter @dekkerdekker.bsky.social · 19/08/2026
Er is een tweede dimensie; wat is de marginale electriciteitsbron in de merit order? Met veel nucleair, hydro, en wind die nu niet kan produceren (hitte, droogte, zomerweer) en duur gas, dan wordt alle zonPV tegen de marginale gas/kolen kostprijs verkocht
020
Pieter @dekkerdekker.bsky.social · 19/08/2026
I agree with Ben’s point about the timing mismatch. Worse yet, Nvidea’s chips improve 50%+/yr in performance, so there is a short window before compute is obsolete. And what is to stop people from walking away from a debt-burdened AI company that missed its window (2nd mouse getting the cheese)
000
Pieter @dekkerdekker.bsky.social · 11/08/2026
Yup. It’s August and this is clearly a “story too good to check”
000
Pieter @dekkerdekker.bsky.social · 11/08/2026
Delayed gratification does not come naturally to the car industry. Without a ZEV mandate they will try to postpone the inevitable until it is dangerously late
000
Pieter @dekkerdekker.bsky.social · 06/08/2026
CPAPs work if you can tolerate them (my spouse uses one). GLP1 and implants are another route. I don’t envy you in any of this, but doing nothing is associated with surprisingly bad health outcomes
001
Pieter @dekkerdekker.bsky.social · 06/08/2026
Groter probleem voor de business van kerncentrales is dat de reële langlopende rente de afgelopen 5 jaar zo’n 3% hoger is geworden. Door hun lange bouwtijd en levensduur zijn kerncentrales uniek rentegevoelig
000
Pieter @dekkerdekker.bsky.social · 23/07/2026
Een ternary chart met drie assen (fossiel, BEV, hybrid&other battery) geeft misschien nog de meest relevante informatie
010
Pieter @dekkerdekker.bsky.social · 19/07/2026
Jeopardy answer: what is technical debt?
0201
Pieter @dekkerdekker.bsky.social · 19/07/2026
Energy intensive industries always move to countries with cheap power. Does the Eneco CEO think the Netherlands is one of those countries?
110
Pieter @dekkerdekker.bsky.social · 08/07/2026
Home batteries get 15% cheaper every year (ie. half the current price by 2030 is €200/kWh), while the variable grid fee adds 8-13 cents/kWh/day in arbitrage potential. The grid operators may inadvertently provide a giant price umbrella for home battery investments and gain little in grid fees
010
Pieter @dekkerdekker.bsky.social · 01/07/2026
Are you sure, because 86.7% of all probabilities are completely made up numbers
030
Pieter @dekkerdekker.bsky.social · 19/06/2026
Exporting (factories for) dated models and exporting old cars to emerging markets is an important part of the automotive market, but one that could suddenly disappear
010
Pieter @dekkerdekker.bsky.social · 17/06/2026
The question in my mind is whether R&D only contains the cost of version upgrades (discrete one-offs), or whether it largely comprises recurring data center costs for training the model that will not go away
010
Pieter @dekkerdekker.bsky.social · 17/06/2026
Cost of sales are fairly narrow and exclude any charge for the amortisation of the model that OpenAI develops, those expenses all sit in the R&D line. The soundness of their business model largely depends on whether there is a prospect of R&D cost levelling out
viewpoint.pwc.com
3.5 Cost of sales
Cost of sales are costs directly related to creating products that a reporting entity sells, or providing service that generates service revenue.
130
Pieter @dekkerdekker.bsky.social · 12/06/2026
To use an analogy, if I replace a ‘sack of bricks‘ with a ‘sack of feathers‘ then bricks will represent 90%+ of the weight until nearly all of them have been replaced. The electrification rate seems to suffer from a similar flaw
010
Pieter @dekkerdekker.bsky.social · 12/06/2026
Retaining talent is very hard if creditors have first dibs on surplus cash flows. There is a level of debt at which employees are better off leaving debt-mountain and move to a start up. The extremely high pay for AI talent shows that they are able to take unprotectable trade secrets with them
010
Pieter @dekkerdekker.bsky.social · 18/05/2026
Uurtarieven leiden tot verschuiving van verbruik binnen de dag/week, maar seizoenstarieven leiden echter niet tot seizoensverschuiving van verbruik. Straks krijgen we een roep om warmtepompsubsidies om de kosten van seizoenstarieven teniet te doen en om te concurreren met een afgeschreven gasnet
100
Pieter @dekkerdekker.bsky.social · 15/05/2026
Deze NL-alerts kan je zien als een soort onbetaald vrijwilligerswerk ten behoeve van netbeheerders, die zichzelf blijkbaar als een goed doel zien. Als mensen, om €0.10 te besparen, zelf een tas meenemen naar de supermarkt, dan moet er toch veel mogelijk zijn met een klein prijssignaal op het net.
230
Pieter @dekkerdekker.bsky.social · 15/05/2026
Entrepreneurs always liked to present themselves as job creators (which helpfully shielded them from all sorts of criticism), but current tech leaders have mindlessly taken down a Chesterton Fence by presenting AI as a disruptive job destroying technology. It boggles the mind.
140
Pieter @dekkerdekker.bsky.social · 14/05/2026
It’s a ritual, just like the reporter standing outside Whitehall to report ‘live’ at night, hours after everybody went home
010
Pieter @dekkerdekker.bsky.social · 13/05/2026
The most recent nuclear plants in Belgium (Tihange/Doel) were built between 1978-85. The knowledge and industrial supply chain for building nuclear plants in Belgium must have completely atrophied as the folks involved retired decades ago. NL is even worse, Borselle was commissioned in 1973
141
Pieter @dekkerdekker.bsky.social · 13/05/2026
www.sciencedirect.com/science/arti... provides the diagram below that categorises technologies based on the need for customization, design complexity, and volumes. In the case of nuclear power plants, none of these factors are conducive to rapid learning
252
Pieter @dekkerdekker.bsky.social · 13/05/2026
If a data center uses a gasturbine that has a 25% efficiency, would they report that on a net basis as a 250MW facility or as a 1GW facility based on gas use?
140
Pieter @dekkerdekker.bsky.social · 03/05/2026
This sounds a lot like the structure in which investors paid for LED lighting in large retail chains that were capex constraint. The economics were so compelling that there was plenty of benefit to make both parties happy
160
Pieter @dekkerdekker.bsky.social · 02/05/2026
Herinvoering van een tijdverschil met Duitsland is misschien zo gek nog niet…
010
Pieter @dekkerdekker.bsky.social · 20/04/2026
I don’t think we’ve ever had a technology (automated loom, steam engine, printing press, cars, airplanes, radio) that have put 1/3 of the population out of work within 5 years. Extraordinary claims require extraordinary evidence. Collective groupthink from CEOs does not meet the burden of proof
72476
Pieter @dekkerdekker.bsky.social · 20/04/2026
Als je met batterijen het dagpatroon gladstrijkt dan heb je honderden laadcycli per jaar, maar voor het gladstrijken van week patronen heb je maar enkele tientallen laadcycli per jaar. Dat is geen haalbare kaart, overbuilding met afschakelen lijkt veel verstandiger op dit moment
140