Centrica Share Discussion Threads

[purchase_atthebottom1] 22/3/2022 12:01

NEWSFLASH
disc0dave4529 Jun '21 - 16:17 - 16841 of 17222
0 4 0
Will have some more if goes below 400. SMA50 support is around 396

[disc0dave45] 22/3/2022 12:00

HTTPS://inews.co.uk/news/uk-government-set-take-over-british-arm-russian-gas-giant-gazprom-fails-1531315

[purchase_atthebottom1] 22/3/2022 11:59

NEWSFLASH
RAMPED SAGA AT 4.30 NOW 247
RAMPED ASHTEAD AT 7000 NOW 5424


disc0dave45 - 21 Aug 2021 - 13:01:33 - 18889 of 20712
Yep Im a successful investor that is able to take any losses on the chin (its all part of investing), without childishly resorting to seeking to blame, harass and stalk a complete stranger. You obviously have some mental issues that you need to resolve, I suggest you do focus on that rather than foolishly continuing with your vendetta-although youve gone too far as it is.
Wishing you all the best with sorting yourself out old chap ?
Cio

[disc0dave45] 22/3/2022 11:59

HTTPS://www.marketscreener.com/quote/stock/CENTRICA-PLC-9590112/financials/Thanks GrumpyJust as I said, earnings are declining.

[disc0dave45] 22/3/2022 11:58

HTTPS://www.simplyswitch.com/one-in-four-brits-will-be-unable-to-afford-energy-bills-from-october-citizens-advice-warns/

[purchase_atthebottom1] 22/3/2022 11:57

Rampers be aware diggers paid 398 for SAGA when CNA was 50p🤣

[disc0dave45] 22/3/2022 11:57

Can't post up the Stocko link showing consensus forecast for significant reduction in FY22 earnings (-48%) as it's a subscription site.But thanks to Grumpy, who insisted that "some analysts expect a slight improvement", the forecasts from the link he posted to support his statement also gave a significant reduction in earnings, -57%, completely disproving his own claim!.Just for balance, try this one Grumpy, it suits your agenda better than the one you posted up, IC has Rev up 7% and eps up 80% (yeah right whatever!), guess that's why they call it chronic investor. If folks believe earnings are going up 80% then good luck with that one. Yep DYOR, then do some more!.HTTPS://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=CNA:LSE

[purchase_atthebottom1] 22/3/2022 11:56

Let's have a whip around for poor diggers he spent the families money on SAGA shares and the wife kicked him out

[purchase_atthebottom1] 22/3/2022 11:52

Morning diggers 🤣

[discojosh78] 22/3/2022 11:40

-48% disc0dave, that's terrible. Thanks for the information. Cio.

[diohohku] 22/3/2022 11:33

Schizophrenic!

[florenceorbis] 22/3/2022 11:26

Resistence at just over 82p

if ir breaks through it could gap up into to the 90p,s

[florenceorbis] 22/3/2022 11:25

Centrica : 22 Mar 2022 Centrica acquires battery storage project that could ‘unlock wind energy potential in North Sea' Company
03/22/2022 | 09:30am GMT

22 March 2022 Centrica acquires battery storage project that could 'unlock wind energy potential in North Sea'

Centrica Business Solutions has secured the development rights for a fully consented 30MW 2hr battery storage plant in Aberdeenshire that will help maximise the use of renewable energy in the Scottish North Sea.

The site in Dyce, near Aberdeen is located near a connection for North Sea offshore wind farms and will contribute towards managing network constraints - by storing electricity when it is abundant for times when it is not, helping improve the energy independence of the UK and reduce our reliance on fossil fuels.

Last year, the National Grid paid £244million to wind farm operators to shut down turbines, as they risked overloading the network, a process known as curtailment. Battery storage is one method of helping to utilise that wasted energy resource, ensuring fewer green electrons are curtailed.

Once built, the 30MW 2hr Dyce battery storage plant will store enough energy to power 70,000 homes for an hour1. This discharge happens up to four hours per day.

"Improving the energy independence of the UK is essential to help manage energy costs and move away from fossil fuels."

Greg McKenna, Centrica Business Solutions Managing Director

The project was developed by Cragside Energy Limited, backed by Omni Partners LLP, and obtained planning consent in November 2021. The go-live date for the project is mid-2024, construction should last eight months and will be aligned with the grid connection date.

"Battery storage can play a strategic role in helping to transition away from fossil fuels, by smoothing out the peaks and troughs associated with renewable energy generation," said Bill Rees, Director of Centrica Energy Assets. "We should treat renewable energy like a precious resource and projects like this can help to maximise its efficacy."

Centrica Energy Assets will work with Cragside Energy to identify new opportunities in the energy storage space. Cragside Energy's growing pipeline exceeds 200MW, and focuses on low carbon and flexible assets, including energy storage, solar and peaking plant schemes.

"Targeted investment into a complementary mix of technology and infrastructure is crucial if the UK is to fully harness its renewable energy potential"

Ben Coulston, Director of Cragside Energy

"Targeted investment into a complementary mix of technology and infrastructure is crucial if the UK is to fully harness its renewable energy potential," said Ben Coulston, Director of Cragside Energy. "Battery storage, such as the project in Dyce, will contribute to the upkeep of a stable and resilient network and we have enjoyed partnering with Centrica as the project transitions into the next phase".

Centrica Business Solutions Managing Director Greg McKenna, said, "Improving the energy independence of the UK is essential to help manage energy costs and move away from fossil fuels. The Government has set a target of a green electricity grid by 2035 - that's only achievable if we build out the level of flexibility in the system, to help manage supply and demand."

The project forms part of Centrica Energy Assets' plan to deliver 900MW of solar and battery storage assets by 2026. Centrica already owns and operates the 49MW fast response battery at Roosecote, Cumbria.

[discohenrypeaky] 22/3/2022 11:23

Yes, the gas price rises are a major concern and will result in hardship for many customers and irrecoverable debts fot Centrica. I can't see any dividend payments until 2023 at the very earliest. Dividends will probably be deferred until 2024. The pension deficit needs attention too. Cio.