National Grid Share Discussion Threads

[gbb483] 30/9/2015 09:07

They don't need to stockpile, just buy forward. Someone else can pay for the storage!

[mike24] 30/9/2015 08:37

better to see the share price at a lower level where
divi return % is higher, and gives punters
a chance to accumulate more,
don't need NG to become a trading share
investors only, please
hope they are stockpiling copper cable while its cheap

[mj19] 29/9/2015 19:53

Since the end of July, National Grid has risen from 830p to almost 900p. That is a strong performance which did not come unexpected, and testifies to its defensive characteristics. The spread between its share price and the average price price target from brokers has now officially closed, but based on fundamentals and on forward multiples of about 14x earnings -- which represents a premium of about 30% over Centrica -- I wouldn't be surprised if National Grid rose to 960p-1,000p by the end of the year, yielding a decent performance for its shareholders in 2015. Its shares have changed hands between 806.4p and 965p

[m100] 28/9/2015 16:46

Forget this global community speak, outsourcing our energy supply to Solar PV in North Africa, or Wind Turbines a few thousand miles away in another weather system, even when made at the single to 10's of GW level costs many orders of magnitude above generating it locally from reliable dispatchable source. That's just really basic engineering and finance, totally ignoring the possible impacts of politics, religion, war, etc.

The idea of some group of nations powering each other with renewable energy out of phase with their own requirments and in phase with someone elses on a year round basis is bunkum. Wind systems in Europe cover many thousands of km, solar PV dies at the same time each day, storage is a fraction of a percent of what is needed. and even within countries there are huge costs in moving relatively small amounts of remote renewables to places of demand.

Bear in mind that capacity factors for UK located renewables are in the order of 10% for solar, 15% for tidal, 25% for onshore wind, 38% for offshore wind. Some might be predictable to a degree but with the possible exception of tidal none are dispatchable. Meeting the year round baseload of about 30GW needs a lot more renewable generation than the consumer can reasonably pay for. On the current forecasts we've already busted the 2020 levy control framework limits (7.6bn per annum)

Some bedtime reading :)

(for some real basics)




A few reports on the levilised cost of energy (and remember that most renewables other than hydro need a considerable percentage of backup)

[mj19] 28/9/2015 15:39

not many places where there is a divi thats not been cut or under pressure. Come on Grid

[gbb483] 28/9/2015 14:49

P.S. Tidal effects also contribute to heating the core of the Earth, there is a substantial heat source there - just ask the Icelanders where their energy comes from.

[gbb483] 28/9/2015 14:47

We are a global community. There is no such thing as land locked.

[trulyscrumptious] 28/9/2015 13:28

gbb483. What if you live in a land-locked country?

[pierre oreilly] 28/9/2015 10:57

uti, not any longer, but have worked for cerl, cegb and ngc for some years. others on here have too and I think it's fair to say we all seem sceptical of many, most or all of green type policies as to their efficacy on the grid. how about you?

[gbb483] 27/9/2015 23:25

Which is why the only sensible renewable energy source is tidal. It only depends on the moon continuing in its orbit, which isn't going to change anytime soon.

[utyinv] 27/9/2015 20:09

Pierre,

Your posts give me clues / indicate that you may be within the ESI? :)

[pierre oreilly] 25/9/2015 13:58

monkey, comparing intermittent power with reliable dispatchable power is like comparing apples with oranges. they are two totally different things.its a bit like comparing a traditional car with a new type of car which only moves when it wants and not when you want, and goes at whatever speed it likes rather than the speed you want.you could have a car like that only if you had a traditional car available to, for when the new car didn't go when you needed to br somewhere, or when you wanted to go 30mph when the new car was trying to go too fast or even so fast so had to be shut down.that situation is in fact very similar to what happens with intermittent power on the grid. what's the value of the random speed car?

[neddo] 25/9/2015 10:32

nice one, T S

[trulyscrumptious] 25/9/2015 09:07

I only bought in on Monday and I am well into profit already. TBH though, I am in for the long haul, still it's nice to see the rise.

[mike24] 25/9/2015 08:28

nine quid plus?, and ex interim/div date coming up in a few wks
a bit of insurance against volatility over next month

hundreds of miles of copper lined cable, their buying
at a better price, to sort London's supply out
for the next fifty yrs, at inflation proof payments
one for the kids pension pot
edit
weekend press,Times, Shell, BP, NG are among good buys (divi's)
as dividend cuts may appear elsewhere, plus money may move back
to UK stocks, from emerging markets,
dyor

[jasperthemonkeygod] 24/9/2015 22:01

Renewable electricity generation rose by 51.4 per cent in 2015 quarter 2 compared to a year
earlier, with increased capacity coupled with high wind speeds, rainfall and solar levels. Solar
PV generation rose by 115 per cent, from 1.5 TWh to 3.2 TWh, due to increased capacity,
while generation from bioenergy increased by 26.2 per cent, mainly due to the conversion of a
second unit of Drax coal power station from coal to dedicated biomass in May 2014. Wind
generation rose by 65.2 per cent, due to higher wind speeds and increased capacity from the
continued expansion of several large scale offshore wind farms.

offshore wind expansive natch, would be interested to see how it compared price-wise to 'off the shelf' Nuclear tbh

[jasperthemonkeygod] 24/9/2015 21:58

does it matter?

[m100] 24/9/2015 21:53

A source for that statement



What is important to note is the very large contribution to that 'renewables' total by Drax converting two units from coal to biomass imported from Canada and the USA.

Now lets see what the contribution of wind and solar is at the TRIADS, they failed miserably last winter.

P.S. It's also not 'the UK energy mix', it's the UK Electricity Generation mix, a huge difference, oil and gas dominate renewables by a very considerable margin

[jasperthemonkeygod] 24/9/2015 20:56

renewables have overtaken coal in UK energy mix, 25%

[davr0s] 24/9/2015 19:57

Good to see this share holding up in this volatile market

[m100] 15/9/2015 22:28

Steve Holliday interview



Also at



and

[gbb483] 11/9/2015 19:16

More sellers than buyers.