Greencoat Uk Wind Share Discussion Threads

[yump] 10/10/2022 14:19

Income really as not cashing in, but the capital gain is a nice cushion. Am using isa’s as alternative to annuities, so capital can be used if needed, but temporary large capital drops were not in my plans !

[kaffee] 10/10/2022 12:56

yump10 Oct '22 - 12:22 - 618 of 619


Plenty of fat in the div cover to help insulate you from Income drop if the company so wishes - or is it actually wealth drop you are bothered about ?

[jonwig] 10/10/2022 12:29

New subsidies ceased in 2017, but existing ones continue to 2037. The new CFD schemes don't permit excessive profits.

The government will need to legislate to make this cap, and I doubt it would get through parliament. (No windfall on O&G, but a windfall on renewables!!)

The EU is proposing a cap, but it's €180/kWH which is manageable. UK companies are already threatening to stop new investment in the UK and move to the EU. (Some such as FSFL already have EU operations.)

How this government can even contemplate such a move is beyond me, but they've already surpassed themselves so often.

[marktime1231] 10/10/2022 11:56

We had elements of this story already, but we still don't know the detail. The sensible idea of replacing old-style subsidy arrangements with modern CfD price agreements may or may not be a good thing in the long run. It helps solve the current energy affordability issue, where the wholesale price of gas is driving up the market for all other sources of energy. Interfering with market forces though.

Let's assume it takes the short term extreme pricing opportunity away but replaces it with long term eg 15 year price agreements like CfD AR4, which presumably would be an improvement on the base case because it puts a price floor under whatever wind and solar power is generated. It should mean an improvemnt in the value of assets, and make wind and solar a safer long term investment, because it assures predictably higher future income. At the expense of less suplus cash from exploiting the immediate crisis.

The government are not stupidly targetting the renewables industry at a time when we need a conducive investment environment. Because that would be stupid. All the new investments are licensed under modern CfD price auctions already. It is the older sites with renewable obligation credits etc which are affected. The government might, however, be enjoying the sector getting clobbered when it comes to negotiating future pricing.

Meanwhile we are enjoying a period of sustained contribution from wind energy which must be good from UKW.

[yump] 08/10/2022 09:49

Depends a bit on whether a limit on the energy prices for the final owners of the renewable sites, affects the investments by developers, if they are different businesses.

Presumably a limit would also put a cap on the price that (eg) UKW would pay to buy a site. That must feedback to the actual development in the first place.

[tuftymatt] 08/10/2022 09:02

It is laughable really that green energy is something the government needs to be supporting but now is fighting against it if these measures come into play!!

[coxsmn] 08/10/2022 08:45

The UK government is pressing ahead with plans to cap revenues that renewable electricity generators are making from sky-high wholesale power prices following Russia's invasion of Ukraine. Companies generating power from wind and solar fear the plans, similar to proposals already announced by the European Union, will effectively amount to a windfall tax on renewable energy. The businesses involved in renewable power generation that could be affected include EDF Energy, RWE, ScottishPower and SSE.https://www.ft.com/content/5187f160-eecd-4d7f-b523-82f973bc68a7

[yump] 05/10/2022 13:16

Sorry to hear about your planning issue - hopefully can be resolved.

A “spoiled view” from somewhere seems to be a common reason for planning issues.

Clearly many peoples’ “self-entitled rights” take preference over the planet’s needs. Even when they’ve got net curtains and can’t see out anyway.

[topvest] 02/10/2022 12:13

Thanks all on the thoughts regarding solar panels / Ripple - will take a look at it.

[2naive] 02/10/2022 09:47

"....my solar panels idea has come to a grinding halt...."

Have you looked into Ripple Energy?

hxxps://rippleenergy.com/

I live in a Grade II listed property in a conservation area, and not being able to install any hardware here I've bought into Ripple (which basically puts the hardware somewhere else).

[jasperthemonkeygod] 01/10/2022 23:42

Seconding hedgehog, £200 8 week.planning app, £200-300 cost of drawings

[chestnuts] 01/10/2022 20:34

The drop could be because of the bombing of the pipe lines of Russia, because all of a sudden Wind turbines, oil pipes Oil rigs could be attacked.

[hedgehog 100] 01/10/2022 19:49

Topvest,

Well done for looking to install solar panels, which should be good for you, and the environment.

I would urge you not to give up on the idea. Applying for a simple planning permission shouldn't cost much, not should it take very long. And the local planning authority staff should be very helpful.

Obviously there's a balance between the aesthetics of older buildings and the appearance of new additions, both adjoining and nearby. But as long as the visual impact is reasonable you should receive approval ... especially as the panels are at the rear. And you also have the right of appeal if necessary, with the l.p.a. having to pay your costs if they lose ... which they should bear in mind.

Is the listed building opposite the only real issue, or do you live in a conservation area? Either way, it seems to me that you have a good chance of approval.

Good luck!

[topvest] 01/10/2022 19:15

Unbelievable drop in alternative asset investment trusts this week and even more so on real estate. Starting to look like Alasdair Nairn's prediction in his book of "The end of Everything Bubble" is correct - well worth a read if you want to get depressed. Alasdair Nairn is a very well reputed investor and previous right hand man to Templeton so he's worth reading.

[topvest] 01/10/2022 19:10

Yump - my solar panels idea has come to a grinding halt as the local council won't give me permitted development status as we are opposite a grade II listed building, even though the panels were on the rear of a 25 year old house. That's what you get for checking with the local council!
Planning permission is needed and so I'm giving up with the idea for now, as its too much hassle.
Ridiculous really!

[hedgehog 100] 01/10/2022 12:47

The cash shell ARA released its interim results recently, and in their interim results statement, the company noted that the current energy crisis was boosting renewable energy growth:-

07/09/2022 07:00 UK Regulatory (RNS & others) Aura Renewable Acquisitions PLC Half-year Results LSE:ARA Aura Renewable Acquisitions Plc

"... John Croft, the Chairman of Aura commented: ...

"Since listing, Aura has begun to explore a range of potential targets in the UK and overseas which could offer the opportunity for significant growth in this exciting and fast-moving market sector. We have also been in discussions with the Board's extensive professional and business networks to raise the Company's profile and highlight its intentions and objective to this large potential introducer base.

"The current worldwide economic and political uncertainty caused by supply chain issues, inflation, interest rate rises, hostilities in Europe and further afield, the lingering impact of Covid and climate change, have had a dampening impact on capital market activity and fund raisings during 2022.

"Despite these uncertainties, the growth in renewable capacity continues, with solar capacity leading the way. Installed renewable energy capacity around the world increased by 6% in 2021, despite post-Covid delays and rising raw material costs of 15%-25%. The International Energy Agency (IEA) expects 2022 to create further growth of 8% in installed capacity, not least as countries that have relied upon oil and gas from Russia are now accelerating the expansion in renewable energy capacity in response to the war in Ukraine.

"As a result of these market forces, we are more confident than ever that the renewable energy sector will offer excellent opportunities for acquisitive and organic growth for the foreseeable future, and we are committed to ensuring that the Company and its stakeholders have the chance to share in these opportunities." ..."

[marktime1231] 30/9/2022 18:13

Blowing a gale can't be bad for business. Surprised UKW share price hasn't recovered to NAV which must be up around 156p as we end Q3? Already fully invested way back but I agree this is cheap at the moment for anyone looking to top up.

[yump] 30/9/2022 09:41

The benefit of feeding money into these funds now and while they’re getting bashed, is that in a few years could get income plus capital growth in line with NAV. In theory risk here has just been reduced…. Unless servicing debt is a serious problem, but that varies between funds.

[riverman77] 27/9/2022 22:22

All infrastructure and property funds down sharply due to the sharp rise in gilt yields. Nothing specific to UKW.

[adamb1978] 27/9/2022 22:18

I think the fall is a case of gilt yields rising sharply, making bond-like investments such as this and REITS, VCTs etc less attractive.

Plus also for some inv trusts concerns about debt at subordinated levels which becomes more expensive, and that taking a range of related companies down with it

[growthpotential] 27/9/2022 17:30

What is wrong with this dogg

[yump] 26/9/2022 17:15

Thanks - I'll have to look into it a bit more - its a big garage with a clear south view.

[aleman] 26/9/2022 11:07

5 metre limit is for ground installations.