Lloyds Banking Share Discussion Threads

[minerve 2] 23/10/2019 17:25

If we are talking about subsidies for new business to farmers perhaps we should look at the assistance private landlords have had over the decades? Then again, it isn't convenient to do so, not to a Tory lemming anyway.

[minerve 2] 23/10/2019 17:22

Pierre seems to conveniently put aside the price agreed per watt for Hinkley, probably the highest price of any energy from any source in the UK! Instead he chooses to single out a few small wind farms in Scotland.

What else would you expect from a Flat Earther?

[pierre oreilly] 23/10/2019 17:16

Bob, about the wind, many a true word said in jest.

No we don't need your wind. Have you noticed lots of windfarms in scotland? Loads and loads, all in a country which has a big surplus of power anyway, due to hydro.

Well, you'll be pleased to know that scottish windfarms are built in the hope they won't be used. Even in scotland, it appears that the good old grid has to buy any electricity from every windfarm, whether it wants it or not.

Because the interconnector is already usually at capacity, it's clear that any extra a windfarm would produce can't be sent here. In those circumstances, national grid gets the blame, and has to tell the windfarm to shut down ... it is constrained off by ngc. Now the magic of this for scottish windfarm owners is that the compensation (constraint payments) are higher than the generation payments! Neat eh, at least for scotland and scottish windfarm owners.

So, what is the current situation. Someone applies for a windfarm in scotland, the greens orgasm over another windfarm and its free electricity. The uk pays a subsidy to get the farm built, (planning is rarely a problem in scotalnd, unlike england). Then the farm gets connected and almost immediately is constrained off by ngc, generating millions is constraint payments for not generating. The end result? Even more easy money scottish windfarms built to harvest constraint payments, not the wind, a great wheeze! Oopse, another 20% on electricity bills this year.

[mr.elbee] 23/10/2019 17:04

Pierre are you are saint ? or a monk?

why are you bothering with those who ,with the best of intentions, should be left well alone?.

[bargainbob] 23/10/2019 16:50

Not content with the oil , water and whisky they take our electricity too.Though going by this board they do not need our wind .

"2 - the scottish grid is connected to our grid via interconnectors. Due to a surplus of cheap scottish power (mountains/hydro) and a shortage on the se of england, the interconnector usually is at capacity sending electricity from scotland to england. Your view of drax pumping some pumped storage in scotland is more just an accounting exercise via various contracts rather than the electricity generated by drax at night pumping any scottish water. Drax physically pumps dinorwig if anything, since that is on the same grid, but that matters not for accounting purposes. It's impossible to say where any electricity arises nor where it is used on a grid. (Hence 'green' retail customers thinking they're only getting windmill generated electricity actually get the same as everyone else, a mix of nuke, coal, pellet, gas, solar, wind)."

[jordaggy] 23/10/2019 16:49

Alp, I think they are factoring in the strengthening £.

[ladeside] 23/10/2019 16:40

The problem Alphorn, is that it's extremely difficult to get any decent debate on the subject, as you just tend to come up against the "leave means leave", "regaining our freedom" brigade, of which we're only too familiar with here..........

[alphorn] 23/10/2019 16:40

Jordaggy thx. The very last sentence "It also last week closed its long-held preference for UK-listed exporters" means that they are not very bullish on exports - hence UK economy. Goes against some of their bullishness in the article.

IMO consider taking profits on any blip. (DYOR).

[ladeside] 23/10/2019 16:29

If only the British Press were as switched on and honest as the Polish press,

"Brexit has turned from a tragicomedy into a distasteful horror, which is likely to haunt us for the next decade," says the Polish Rzeczpospolita. "The Brexit deal is just the start. It will be followed by a fight over trade, services, farming, and all sorts of issues... Only lawyers and satirists will earn from this divorce."

[pierre oreilly] 23/10/2019 16:21

Minerve 223 Oct '19 - 14:43 - 280340 of 280350
0 0 0
Answer the questions Pierre.

I don't need to be a Drax executive to understand where Drax sits in all this:

You have been deliberately argumentative and you need to confirm your view.

So, let us be clear on this:

1st: You don't think Drax can deliver based load AC into the NG to compensate for intermittent solar and wind; and
2nd: That the storage facility in Scotland cannot be used because it isn't attached to the NG it uses SSE's network.

Is that correct?

Answer the questions.

...........................

OK then minny, I'll help you out with this in the hope that you will see these boards can be helpful and everyone has different knowledge and abilities, and no one is stupid or worthless or deserving of death or whatever else you throw round these boards on a daily basis. I hope by answering you'll perhaps adopt a better attitude and this board becomes a more pleasant place for everybody, because it is you and you only who makes it unpleasant. Please try to change.

1 - 'Base load' is just loose language for cheap reliable 24/24 generation. Usually reserved for nukes, and drax when it had massive coal burners burning the very cheap coal it was built upon. Now that one or two have been converted to wood pellets, it's certainly not cheap anymore, relying on gov subsidies to pay for the pellets. But it can provide reliable 24/7 generation, so baseloadish.

Baseload itself has nothing at all to do with correcting for intermittent generation. Intermittent is corrected by reserve generation coming within certain time periods of when the frequency drops, primary within a couple of seconds, secondary about 30 seconds, and five minute reserve. Primary and secondary are automatic, controlled by governors linked to grid frequency.

Does that clear up base load and your misunderstanding of it?

2 - the scottish grid is connected to our grid via interconnectors. Due to a surplus of cheap scottish power (mountains/hydro) and a shortage on the se of england, the interconnector usually is at capacity sending electricity from scotland to england. Your view of drax pumping some pumped storage in scotland is more just an accounting exercise via various contracts rather than the electricity generated by drax at night pumping any scottish water. Drax physically pumps dinorwig if anything, since that is on the same grid, but that matters not for accounting purposes. It's impossible to say where any electricity arises nor where it is used on a grid. (Hence 'green' retail customers thinking they're only getting windmill generated electricity actually get the same as everyone else, a mix of nuke, coal, pellet, gas, solar, wind).

Does that clear up drax?

I'm not going to comment further on this, whatever you choose to post in reply.

[bargainbob] 23/10/2019 16:17

If you throw the chimps enough monkey nuts
They will post the next day.

Bargain Bob.

[hamnavoe] 23/10/2019 15:50

If the people knew what their government were up to
there would be a revolution tomorrow morning.

Henry Ford

[hamnavoe] 23/10/2019 15:38

If voting made a difference
We would not be allowed to vote

[grahamite2] 23/10/2019 15:31

Crossing, I read that interesting article earlier. There's a lot of truth in the notion it becomes an almost purely tribal thing, with the real arguments of little importance.

There's one big difference, though - with Brexit it's only the remoaners who are consumed with irrational, ungovernable hatred.

[minerve 2] 23/10/2019 15:31

"Our Ken is bailing out at the next election Min, and so gives not a toss"

And rightly so. Well done for him.

[crossing_the_rubicon] 23/10/2019 15:23

Want to know what our future holds if Brexit isnt implemented?
Which is the clear intention of Remain MPs who keep delaying our departure date.

"Don’t let Brexit become the next Troubles
Growing up in Belfast in the 1970s taught me that tribal loyalties have a way of turning nasty"




"once the dehumanising of the people on the other side of the political divide got started in earnest, some very dark territory awaited"

Dehumanising element already engaged in, by Remainers predominantly.

Just a question of time I fear - throw in an economic downturn and we're ripe for similar.

[grahamite2] 23/10/2019 15:15

LOL no, Ken Clarke is heading for the big sleep soon enough.

[maxk] 23/10/2019 15:13

Our Ken is bailing out at the next election Min, and so gives not a toss.

[minerve 2] 23/10/2019 15:07

Ken Clarke won't lose any sleep over your threats maxk.

[maxk] 23/10/2019 15:04

Our entitled political elites will pay for their arrogance at the next general election


DOUGLAS CARSWELL
Follow *23 OCTOBER 2019 • 2:40PM






They lost the referendum and have spent the three years since talking to each other


The problem is Boris, complained the veteran MP Ken Clarke on Radio 4 this morning. The Prime Minister and his team of “very peculiar people” in Downing Street, suggested Clarke, are obsessed with fighting “this people vs. Parliament election”.

Clarke, first elected to the House of Commons in 1970, was expressing a point of view common to many of those who've spent too long in Westminster.

Having been returned to represent safe seats from one election to another over many years, scores of MPs on both sides of the chamber believe that politics is their business. The fact that "interlopers" like Dominic Cummings...



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