SP increase like this is usually accompanied with news, but PIs are always last to get it. |
It did not take long to recover the XD dip here and double it up for holders.. :o) |
Weird price move this morning. |
SP & Volume Not much enthusiasm for the dividend atm. |
XD 15.84p tomorrow, header updated |
 IMV Hydrogen has a very important role to play.
Despite its proven technology, the world is a bit slow in implementing hydrogen, not only in fuel cells but also mixing with natural gas to provide a safe and more efficient burn. The latter, ie, mixing with natural gas has already been trialed by NG when they had the Gas Network. If any of you have had a new gas boiler fitted in the past few years, its more likely advertised as Hydrogen ready or compliant. Ready to deliver a greener and more efficient burn.
But where the US are years in front of us, is in the use of Hydrogen in cars, used in fuel cells to produce electricity to power the car, rather than the conventional EV which uses massive batteries which store energy from a charging point.
A hydrogen car produces the charge when required using fuel cells and utilise smaller more greener batteries. Sustainability and reliability is the end result. Eliminating range anxiety ( though range issues in EVs are getting better).
Too much negative hype is centred around the perception that storing hydrogen in a car is dangerous. That is old hat and technology and design make it even safer than petrol in a tank.
There are a few types of Hydrogen incl grey and green hydrogen. Green Hydrogen is processed using green energy, ie. Wind, solar or even mini nuclear.
The by-product of the hydrogen used in a car is pure water, there is a video on youtube showing a car in California, powered by hydrogen and the owner puts a cup under the exhaust and pure water is dripping out of the exhaust, rather than noxious gasses. The water was tested and proven to be pure.
Now use this technology in third world hot countries and you have somewhat solved an irrigation problem.
There are a lot of videos promoted by Tesla to discourage hydrogen over EV, but you can decide what might be the reason for that.
Hydrogen Cells and smaller batteries in Hydrogen cars are lighter than heavy EV vehicles. The weight of EVs have caused a problem for civil engineers regarding car park construction. In the US car park floors have collapsed due to the overall weight of the cars parked.
So there are many pros and cons for the use of Hydrogen but one thing is scientifically justified, hydrogen has a place in our ever developing greener environment.
all IMO. |
The from post 9896.
Quite a few references to 'National Grid'. |
CPIH for Oct, up from 2.6% in Sept, to 3.2% |
This may be of interest :- |
National Grid gets a mention. Rather conservatively, stating existing shareholders should hold as the shares should reach £11+.
Fails to mention though, that If investing in the system goes to plan, the market cap base should be over £100billion, meaning shares could rise to £20+ based on the current shares in circ |
Blackrock increased holding. |
#Pierre Oreilly, interesting thing constraint payments, getting paid to turn it down or off, we have a power matched grid and next to no capacity for storage of any excess electricity, Nuclear is the way to go, it is a constant with back up coal/gas power stations you can turn on/off, unpredictable part time windmills or solar are not what we need to support the grid..
Very little we can do to drive policy but we have another 5 years of the green push for starters, investing in the grid for whatever gets built needs the same infrastructure plus the connections, so we take a position, sit back and watch, periodically in the dark... :o) |
For an idea of the level of wind constraint payments we are currently paying, today a 200km 2GW cable between scottish windfarms and n england has just been approved (at a cost of 2 billion). The constraint payment savings will be 870m pa.
While on first sight that seems a great thing to do, we have to ask ourselves why we are paying 870m quid to turn a couple of windfarms off in the first place. They were built in an area where the owners knew they would be constrained off much of the time, due to limited links to england, leaving the feeling the owners were harvesting the constraint payments rather than generating useful electricity. |
I don't like to talk for others, but I get the impression everyone here who has solid experience of the grid would say the direction we are heading cannot be described as progress and, indeed, is the exact opposite. It's those who know nothing about the grid who favour such actions because they have no idea of the actual outcomes of what we are doing.Did you read and understand the neso documents in that video where, in very careful wording, they said basically net zero is impossible? The current actions are politically driven by people who have no idea at all - and certainly not driven with grid engineers' advice. |
We never move forward if not stuck in the status quo Progress is always made by taking risk Anybody can bury their heads in the sand and forget what's going around them. |
Analogies don't always tell the full story But if you insist - you could break 70 billion eggs and then have no gas or electricity to cook the omelette. |
There are dozens of eco friendly companies who are producing solar,wind,and bio energy.The problem is NGrid has not the capability and infrastructure to let them onboard.Hence the long awaited upgrade or evolution they are planning for the future.I'm afraid you can't make an omelette without cracking a few eggs, as the saying goes. |
The major expenditure isn't about maintaining the existing grid infrastructure but about building about 1000km of new transmission lines and associated equipment. This to get mainly offshore wind ashore and then transmitted where it's needed. If you find a new pylon being built next to your garden -as hundreds/thousands will - then I'm afraid there's not much you can do about it as milliband removed many of the planning safeguards a few days after the new government took over. This to help 2030 targets to be met without the bother of answering to the affected public. |
The UK's ageing transmission system requires at least £60bn of investment, and the first results for National Grid (NG.) since its mega £7bn capital-raising in May this year showed that life as a monopoly infrastructure provider is not so bad. Underlying earnings per share increased by 8 per cent to 28.1p, despite sustained levels of capital expenditure, which was £4.6bn, 17 per cent higher year on year. This spend was driven by grid connections, which underlines how much extrainvestment is needed; the company expects to double overall spending over the next five years, compared with the past five.Management was also at pains to emphasise that the US election would have little impact on its business, with its utilities regulated at the state level. The US division contributes about a quarter of National Grid's overall profits. Indeed, the company still expects to invest £17bn in New York and £11bn in New England in the five years to 2029.Financing this spending from new money was another positive impact of the rights issue, as the company's net debt is now expected to decrease by around £1.5bn, from £43.6bn as at 31 March 2024, with the reported gearing reducing to the low 60 per cent range.It is in the nature of National Grid's business that it must splurge the cash every 40 years or so as its infrastructure wears out. Investors won't be excited by the previously announced rebased dividend, but at a FactSet price/earnings ratio consensus of 13, the company is slightly under its long-term average. Buy. |
Why's it funny talking about someone literally doing his best to ruin our energy independence? Working out why is a good pastime I would say as you might be able to predict his next move after forcing companies to leave the North Sea and run down oil wells whilst putting a plan in place to make the UK have power blackouts as part of a race to make energy in the UK even more expensive than it is now? |
It's funny that you guys are so triggered by Ed Miliband, the most milquetoast of politicians. |
Ed Milliband is very different from his Brother David. Ed is a Marxist and only became leader of the opposition, beating his Brother to the position by being a Union Puppet! He was endorsed by the most militant marxist Unions in the Country. |
I expected more of a run up to ex dividend date. |
 A great video P, the message really needs to get out there. Milliband is the most dangerous man in the uk imv. If he doesn't get removed, we'll all be so much worse off while also getting power cuts, both planned via the demand flexibility service and unplanned simply by not enough power available to meet demand. It's horrific really.
One thing the video maker didn't mention which should be, is the interconnectors. There's a big rush to build more (at great cost of course) which makes the situation slightly better (if they actually get built on time), but still disastrous.
On a selfish level, all this vast amounts of money already planned to come ng's way will increase ng's profits since they get paid on the amount of stuff they own. Great for us, terrible for everyone else in the uk, and I'm uncomfortable with that. The whole net zero thing is utter madness which cannot possibly work anyhow, as has been posted on here and elsewhere before. It's so crazy I wonder if Milliband has another agenda rather than electricity. |
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