National Grid Share Discussion Threads

[williamcooper104] 07/7/2024 13:48

The Lib Dem's and Tories are opportunistically NIMBYs but NIMBYism fits in with the Greens de-growth agenda

[williamcooper104] 07/7/2024 13:47

Yes the Greens believe there's a climate crisis but that it always be solved in someone else's back garden They've even picked up Tory voters; who have rightly concluding that the Greens are the most militant NIMBYs

[1knocker] 07/7/2024 13:35

In the local council elections in Suffolk the Greens and the Lib Dems were going all out against ALL the proposed land basd infrastructure required for the off shore windfarms. Much the same in the general election. Campaigning on the electricity from the wind farms off Suffolk coming ashore in KENT, and/or the infrastructure being constructed off shore!

I

[viscount1] 07/7/2024 10:19

Re: Greens

That is not surprising at all: the Greens are basically the pro-NIMBY party now.

[lippy4] 07/7/2024 10:01

did you see that a green party mp in suffolk is not happy with a hundred mile line of pylons going through his county to take electricity to inland cities from the north sea windfarms...

you cannot make this up as the greens are the ones who want this green energy..lol

not in my backyard it seems..

[laurence llewelyn binliner] 07/7/2024 07:40

#1Knocker, indeed, growing economies are able to do so on the back of cheap energy supply, typically OnG / Coal / to produce the electricity, look at the industrial power house of Germany now their cheap Nordstream gas is cut off and their Nuclear program has been wound down/off, they are going backwards..

NG connect and distribute supply to the grid so are well positioned as I see it no matter that the sources of the power are or become..?

We will have to wait and see what the British energy company translates to but possibly just an investment vehicle to build more solar/windmills/modular nuclear..?

1 other ever present Labour threat is nationalisation..? the trains are already a target here for another run at the great British rail project, an icon of efficiency and value AFAIR.. :o) but IF that were to happen you can forget any outside investment ever coming in to help build out our countries infrastructure

[skinny] 06/7/2024 16:15

Some comments on the grid from Keith Anderson :-



And a bit on Milliband.

[laurence llewelyn binliner] 06/7/2024 15:26

Ed Milliband - new Labour Energy secretary, so the drive towards net zero and climate change focus will continue, no matter what gets pushed forward it will all need grid connections..Any downside risks for NG..?

[lippy4] 05/7/2024 20:07

what is the number i heard 6000 to be shining over our green and pleasant land??

[davius] 05/7/2024 18:59

Not sure about the rest of the country, but here in the West we have vast numbers of the new pylons going up.

Good to hear NG are making use of them, whatever the outcome at Hinkley.

hxxps://www.newcivilengineer.com/latest/all-t-pylons-fully-wired-up-in-major-milestone-for-connecting-hinkley-point-c-to-grid-16-04-2024/

[davius] 05/7/2024 18:52

This one from last year

hxxps://www.pesmedia.com/impact-of-hinkley-point-c-revealed-in-new-report

[viscount1] 05/7/2024 17:52

With respect to Somerset/Hinkley, France is pressuring the UK to stump up:




I put their odds of success at 100%: governments love spaffing taxpayer cash on vanity projects.

[viscount1] 05/7/2024 17:48

The DT article is a good overview, but even more embarrassing and stupid is the UK government's adoption of the Regulated Asset Base model for nuclear sites such as Sizewell. Essentially bill payers pay in advance (indefinitely) for a huge project that will inevitably overrun. The state-owned EDF gets lots of UK cash for failing to build a nuclear plant.

[dr biotech] 05/7/2024 16:51

Alternatively

hxxps://archive.ph/CvINR

[davius] 05/7/2024 16:34

Viscount1, I'm not sure where you picked that up, but it's nonsense. The overspend is all having to be met by EDF and the other backers. The price per Mw was set high at the time the contract was signed, but following the price hikes of the last couple of years is now well below what consumers pay.

And presumably you don't live in Somerset (as I do) and so haven't seen the huge knock on effect of billions being pumped in to the local economy, road building, cycle lanes all around Bridgwater, a large development of flats for workers that eventually will become halls of residence, vast numbers of grants to local charities and good causes. And then we have Tata starting work on the UKs first Giga factory, also in Bridgwater as it will be served by Hinkley.

What subsidies to the French are you talking about, exactly?

[viscount1] 05/7/2024 15:12

How many nuclear power stations have been built on time and budget in the West in the last 40 years? Zero.

Nuclear power is just a vast subsidy scheme from UK taxpayers to French state-owned industry without actually producing any electricity.

[pierre oreilly] 05/7/2024 14:55

The detail I'd like to see is what form the cheap green energy comes from.If nukes then great, eventually we may end up with affordable electricity bills.But I suspect it's windmills which are neither cheap nor green once the efforts Ng. has to go to to enable the intermittent power to be integrated into our power matching grid.Both options are great for Ng., the second one no great at all for consumers.

[davius] 05/7/2024 13:00

The Labour Manifesto included a short statement relevant to NG though rather thin on detail:

"The national grid has become the single biggest obstacle to the deployment of cheap, clean power generation and the electrification of industry. With grid connection dates not being offered until the late 2030s, important business and infrastructure investment is being stalled or lost overseas. Labour will work with industry to upgrade our national transmission infrastructure and rewire Britain."

The share price has been relatively unmoved, along with the FTSE 100, though the 250 is romping ahead.

[viscount1] 05/7/2024 07:32

Apparently the election results were delayed to give the WEF time to print more ballots for Labour.

[gilesy911] 04/7/2024 21:08

That's it Labour are in ?