Centrica Share Discussion Threads

[becca_pea] 24/4/2019 08:16

Same as if I was in a petrol car in the same circumstances and started to run out of petrol I guess... after all, if you can't run the engine in a petrol car then you have no heating, so the situation is pretty well the same.

I'm afraid I don't really understand your point.

Are you suggesting that it's somehow worse to be stranded because you've run out of electricity than because you've run out of petrol?

[w1ndjammer] 24/4/2019 08:04

ha ur try this one, imagine a cold night the wind is howling sleet is turning
to snow you are on the motorway already driven 200 miles and now you are
stuck in a traffic jam, your wind screen is starting to ice up, and your feet are like blocks of ice.....

your battery is getting low.

what are you going to do...

WJ.

[discodave4] 23/4/2019 22:06

HTTPS://www.moneysavingexpert.com/news/2019/04/sainsbury-s-energy-relaunches---this-time-it-s-npower-providing-/

[discodave4] 23/4/2019 22:04

HTTPS://www.current-news.co.uk/news/greencom-networks-snaps-up-innogy-innovation-hub-founded-shine

[discodave4] 23/4/2019 22:00

careful15m?, think you are dreaming, why not 20m, 30m.......think of a number, that's easy, that's what CNA accountants do, doesn't mean it's reality.

[666james] 23/4/2019 21:41

diku 765 so very true it's been a grim few days?? weeks?? months. That what it is "months" of downward movement. Lets hope they move forward from here.

[diku] 23/4/2019 21:27

Good to see CNA up for a change...

[careful] 23/4/2019 20:53

I think we are thinking of about 15m vehicles going forward.
This is a long term strategy.
15,000 at present is a tiny %, just for a few eccentrics.

15m electric vehicles at £300 gives £4.5bn to go for.
Worth having a piece of that action.
it will be more than £300 eventually.

How will HMG replace the billions they receive from tax on fuel?
With the expensive batteries deteriorating from day one and having a finite life before they need replacing, electric motoring could be more expensive.

Not to mention the pollution caused by gas fuelled power stations as they produce all of this extra power.

Nothing is simple, like that simple glorious Brexit, what can go wrong, argument all over again.

[discodave4] 23/4/2019 20:37

Raybald Agree the EV revolution (if it happens!) is a plus for CNA, but doubt it will be transformational for the business.Just quick research and it costs about £300 per year to charge your typical EV (I've used a Nissan Leaf), there are currently about 15,000 pure electric cars registered in the UK.......so even if CNA supply all EV's in the UK that's circa £4.5m additional income pa........only about +0.15% uplift in their annual income.

[raybald] 23/4/2019 17:50

Masterblaster.... the charging points are privately owned by various companies....

hxxps://www.zap-map.com/charge-points/public-charging-point-networks/

... but Centrica’s interest is in the electricity generation which powers those points.

[poikka] 23/4/2019 14:08

Makes sense for Norway to offer incentives to go electric. Most of their electricity is from renewables (hydro), and the less hydrocarbons being used on their roads, the more they've got to sell. Nice situation.

[masterblaster] 23/4/2019 12:37

So who gets the reveue now from charging points on a public highway? Will British gas really benefit or will B.G. custoomers have to get an electric vehicle for B.G to earn any revenue?

[raybald] 23/4/2019 12:24

Electric car sales UK: electric car sales up 34.9%
Strong electric-car sales continue as March sees 3,917 new BEVs on UK roads, despite overall market decline

Last Updated: 08 Apr 2019

Electric car sales in March increased by 34.9% against 2018 figures, with 3,917 new battery electric vehicles (BEVs) taking to UK roads last month.

Data from the Society of Motor Manufacturers and Traders (SMMT) has revealed that 2019’s total electric car sales are 53.6% higher than 12 months ago, despite the overall market – including petrol and diesel vehicles – shrinking by 2.4% in the same period.

The demand for electric cars is rising rapidly: the Kia e-Niro and Hyundai Kona Electric are entirely sold out for 2019.

However, electric cars still represent a small share of the overall market, with just 0.9% of new cars in the UK this year featuring a fully electric powertrain.

Meanwhile, plug-in hybrid registrations have fallen, with 22.7% fewer PHEVs sold in March than 12 months ago. A total of 8,582 new plug-in hybrids have been sold in the UK this year, down from 10,267 at the same stage in 2018.

Petrol-electric hybrids – such as the Toyota Prius and Hyundai Ioniq Hybrid – saw sales rise by 16% last month, with 16,426 sales representing 3.6% of the total car market. However, diesel-electric cars are disappearing fast, with only three sold in March and just seven in total so far this year.

Overall, electrified vehicles – sometimes referred to as alternatively fuelled vehicles (AFVs) – have accounted for 5.8% of all cars sold in 2019.

Late last year, the Government’s plug-in car grant was restructured, reducing the discount for electric cars from £4,500 to £3,500. No plug-in hybrid vehicle currently on sale is eligible, with this type of car having previously attracted an incentive worth £2,500.

SMMT chief executive Mike Hawes said: “While manufacturers continue to invest in exciting models and cutting-edge tech, for the UK to reap the full benefits of these advances, we need a strong market that encourages the adoption of new technology.

“That means supportive policies, not least on vehicle taxation and incentives, to give buyers the confidence to invest in the new car that best meets their driving needs.”

hxxps://www.drivingelectric.com/news/678/electric-car-sales-uk-2019-stars-110-jump

[raybald] 23/4/2019 12:20

(CNN)Electric vehicles outsold gas and diesel models in Norway for the first time ever last month, accounting for 58.4% of all vehicle sales.

Norway is a leader in the adoption of zero-emission vehicles and the government has set an ambitious goal to stop selling new gas and diesel passenger cars and vans by 2025.
In March, 18,375 new cars were registered in the country and 10,732 of those were zero-emission vehicles, according to Norway's Road Traffic Information Council, or OFV. That's more double the number of zero-emission vehicles sold in March 2018.
Telsa's Model 3 (TSLA) led the charge. The OFV says that 5,315 Model 3 sedans were registered in March, setting a record for sales of a single car model in a single month.
There were also 3,469 hybrid passenger cars sold last month -- a 10% drop from March 2018.
The number of gas and diesel vehicle sales dropped to a record low.
Norway has implemented a number of incentives to encourage people to buy electric cars, according to the Norwegian Electric Vehicle Association. Zero-emission cars don't pay the 25% Value Added Tax (VAT) and are exempt from Norway's carbon dioxide, nitrogen oxide and weight taxes imposed on gas and diesel vehicles. They also get discounts on parking, toll roads and ferries.
In 2018, Norway was the 10th largest market, by dollar amount for US vehicle exports, according to the International Trade Association, with more than $821 million in sales.
The Norwegian Electric Vehicle Association projects that electric vehicles will make up about 50% of the country's car sales in 2019.

[crossing_the_rubicon] 23/4/2019 09:46

Electric cars et al inevitable Careful
Will speed up in conjunction with 5G, and AI imho.

Time will tell.

[careful] 23/4/2019 07:22

If you look at the Centrica web site, you will see that the company is already setting up a research team for home charging and the electric car situation.

But if we forget the hype, apart from hybrid, electrics not happening yet on any scale.
Will it ever?

[nortic 007] 23/4/2019 00:37

What will be will be regardless of commentary !!!Well said!

[pvee] 22/4/2019 20:22

Poleaxe and anyone else who is interested. Just look at Tur(f)arts posts.

Had a bit of a thing about ML then all of a sudden dropped it and then sucks up to any other poster to get support.

I'd like to take this person seriously but have serious doubts. Can't see anything constructive

[crossing_the_rubicon] 22/4/2019 13:29

”Centrica plans software business expansion to revive fortunes”
UK energy company wants to cash in on rising need for more flexible systems

The company is hoping it will demonstrate a growing part of its business at a time when its traditional operations are struggling, showing that so-called “demand response” software that can help balance the grid will grow rapidly.



While this part of Centrica’s business is not yet profitable, as they invest in growth they are targeting expanding revenues from £210m last year to above £1bn within five years. The FlexPond platform was already used by 150 customers in Europe, Centrica said.

[svenice7] 22/4/2019 12:27

Under £1 next week