Greencoat Uk Wind Share Discussion Threads

[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.

[tartshagger] 26/9/2022 08:22

The currency markets do not like the emergency budget - cable dropped overnight to an all-time low of $1.03 - this is going to put inflation up by an unknown amount. Fossil fuels including gas will go up massively. The deadly duo will bankrupt the nation at this rate. Never mind the rich will do handsomely with their humungous tax cuts and we can look forward to fracking the national parks and Rees-Mogg's back garden. UKW will do well as the wholesale price of electricity reaches astronomic levels - hold and add on the dips

[sailorsam1] 25/9/2022 09:36

Mine was installed by professionals and is 1m from boundary

[c3479z] 23/9/2022 11:38

592

you're obviously here to make your political points, not the place so have to filter you out , I'm afraid, seems to me that you are ignoring the fact that, for the time being we are dependent on fossil fuel for baseload generation in the absence of sufficient nuclear to do the job....

[c3479z] 22/9/2022 16:13

re post 588, 590

facts are that we have to remain dependent, whether you approve or not, in the short term on fossil fuels for baseload generation, since renewables do not generate when the wind isn't blowing and in particularly gloomy or dark conditions, and nuclear is not capable at present of generating sufficient baseload.
do not believe the government is particularly right wing if they espouse tory values of reducing the tax burden, which is at a record post-war high, especially the onerous income tax situation wherein 1% of the population pays 29% of income tax, 5% pays over 40% and pernicious despised inheritance taxes levied on capital already taxed once,such policies would be not right wing at all IMV.
do agree that onshore wind, as the cheapest and quickest to be instituted form of generation should be encouraged and the grid should be enhanced.

[tartshagger] 22/9/2022 07:37

The government's announcement that the earthquake limits regarding fracking for shale gas will be 'reviewed' has been met with absolute dismay in Lancashire, Dorset, the National Parks and in Berkshire, areas that sit on shale. The new Energy Minister is subject to successfull lobbying by the fossil fuel cartel and hates renewables with the usual extreme far-right political conviction. He is on record as stating that onshore wind turbines represent a 'medieval' windmill technology and should be pulled down and replaced with modern fracking rigs. Oh dear....

[11_percent] 20/9/2022 11:24

He is clearly influenced by the fossil fuel lobby and should declare his substantial offshore shareholdings in Shell, BP, Connoco, Exxon, Gazprom, Lukoil etc.

=====

He could be just applying basic economics.

[topvest] 18/9/2022 08:41

Aren't a lot of the assets pre-CfD though - i.e. merchant plants with a floating power price based on the market price? I believe that Greencoat has the highest merchant plant mix from an interview I heard the other day. The government is trying to agree new pricing with the industry - a potential win win situation for wind farms and consumers. Long-term stable pricing at a good price (albeit much lower than the gas price) leads to better prices for the consumer, incentives for renewable companies to build which will help the UK lower the gas mix, lower WACCs and higher valuations.

Personally, I am looking at installing solar panels if I don't need planning permission. The payback now looks like <10 years, so its over my 10% target investment return. It seems unbelievable that the Government isn't trying to push solar as it could reduce domestic electricity consumption by up to 50%. Also solar power can obviously can be used to charged electric vehicles, if you have one (rather than driving around in what is essentially a "gas powered" electric vehicle for anyone that understands how electricity is generated).

[tartshagger] 15/9/2022 14:47

There is a lot of guff and misinformation being spouted about renewables and the CfD regime, so here are the facts. The CfD regime is based around the "strike price" where a renewable electricity producer wins an auction to build a renewable resource based on a guaranteed price for the electricity produced. If the spot market price is below the strike price for electricity the Treasury tops up the difference - but in return for this "subsidy" if the spot price is above the strike price, the Treasury trousers the difference. For example at the 2019 auction the winning strike price was GBP39.65/MWh. After the new October price cap the spot price for electricity will be roughly GBP550/MWh. The Treasury is making a of of money out of offshure wind, onshore wind and solar. Kwarteng is being completely disengenous in demanding that the renewable industry's "excess profits" need a windfall profits tax as the Treasury is already taking huge sums out from the industry

[tartshagger] 15/9/2022 13:03

Any subsidy used to help renewable energy producers get "off the ground" as you put it pales into significance when compared to the £150 BILLION subsidy just given directly to the fossil fuel cartel operating here in the UK. Politicians of the extreme far right hate renewable producers because they harvest FREE wind energy and FREE solar energy. The fossil fuel lobby is very powerful and has penetrated to the heart of the UK government. The quickest and cheapest way to secure our future energy needs is to rapidly build onshore and offshore wind and large solar parks. Investment in grid sized energy storage and green hydrogen should be next but Kwarteng has just cancelled government support in favour of paying huge sums of taxpayers money directly to the oil and gas cartels

[apollocreed1] 15/9/2022 11:10

@Tartshagger - I see your point, but there is also an argument from government that taxpayer subsidies were used to encourage renewable investment and to provide an acceptable return to the private capital that was attracted in.

So renewable companies were intended to provide a 6-8% annual return.
They don't think its fair that these large increases in NAV should be accrued to the investors who could only have got off the ground with the taxpayer help.

[tartshagger] 15/9/2022 08:30

Ah apologies for the double post - shouldn't use mobile phones on trains going through tunnels

[tartshagger] 15/9/2022 08:27

Let’s put this into perspective. The people making HUGE windfall profits are the oil and gas majors - GBPbillions and billions. In 2021 solar and wind generated ~27% of UK electricity demand. Saving us GBPbillions and billions having to IMPORT fossil fuels when wind and solar harvest FREE energy. Why are you invested here and not BP. Shelll etc?