Sse Share Discussion Threads

[pierre oreilly] 15/12/2021 11:44

Bull, you don't have to imagine anything at all.

A 1W bulb gives you 1W of heating. A 50W bulb gives you fifty watts of heating.

It may be difficult imagining that xW of lighting results in xW of less heating from other heat sources (even when controlled manually or by crude trvs), but that, on average, is exactly what happens.

If for example, the grid were supplying 500MW of power used in home lighting in the winter, and that lighting suddenly disappeared, then there'd be an increase of 500MW in heating (whether by gas or electricity or both). There may be a time constant involved, but basically that (obviously to me) applies.

[skinny] 15/12/2021 11:41

It started at the luxury end, but plenty of cars now have them.

[bull19] 15/12/2021 11:39

I seem to be getting blinded by bright headlights a lot too, although I didn't think you could get LED headlights? Thought they were all halogen? I suspect some drivers have the beam angle too high

[alphorn] 15/12/2021 11:38

Skinny - agree, said the same thing last night coming down from the mountains. Some worse than others.

[skinny] 15/12/2021 11:31

Talking of LEDs, am I the only one who finds LED headlights produce too much glare in oncoming traffic.

[bull19] 15/12/2021 11:16

I can't imagine a light bulb providing that much thermal benefit. Surely the heat would mostly get trapped at ceiling level and therefore not have a material effect on any thermostats that are mostly at low level (TRVs) unless you've got some good air circulation. Also, you don't always have the heating on when the lights are on. My heating usually goes off at 8pm for example.

[pierre oreilly] 15/12/2021 11:07

While there are gains to be had fitting leds, the gain in the uk is about half of what most expect.

This due to the contribution to heating an incandescent bulb makes for half the year, reducing the other heating requirements.

So replacing a 60W with a 5W led is, on average, a 27.5W gain, not a 55W gain. For a thousand hours use pa, that's a 20kWh saving, not a 55kWh saving. (the 20kWh coming about (as opposed to 27,5kWh) due to more light being required in the winter rather than the summer).

You get the opposite effect in places like california, where replacing with leds results in far higher savings than just the difference in power levels.

[yump] 15/12/2021 10:39

Nobody likes anything near their houses and nobody wants to give anything up. I visited some friends in Runcorn last year. A lovely scenic view of chimneys all around. Meanwhile we can all pretend energy just comes at no cost to anyone's aesthetic, as long as its not ours that's affected.

These grand schemes are all very well, but its about time the government (any government) started to tell us about our personal responsibility.

Like all the small things we can do. We can't build a nuclear power station and we can't construct a windfarm.

But there is just general wasting on a massive scale going on.

WTF is bottled water doing at all, apart from those who need it medically ?

WTF are all the bottles of shower gel doing on our bath ?

WhyTF do we all want stuff from Amazon tomorrow morning ?

etc. etc.

The whole of society has moved towards valuing their own rights more than their duties to society.

Why is our local bring-your-own container shop charging 2x the price that a supermarket charges, when years ago the bulk purchase bins were 1/2 the price of the packaged products.

Why do supermarkets have 20 types of Cheddar, 50 types of hair wash, 100 types of cooking sauces, all shipped from all over the country and overseas in polluting lorries.

Oh, sorry we've been told we need 'choice'. That's OK then.

[wad collector] 15/12/2021 09:45

There are now LED replacements for all common light fittings , including all the common halogen ones. The lifetime of the LED bulbs seldom live up to the manufacturers claims though, so hard to calculate the carbon footprint.

SSE seems to be one the few holding up in my portfolio this month. Defensive.

[jrphoenixw2] 14/12/2021 20:42

You can put LED bulbs in halogen-bulb designed lamps? If so IDK that!

[bull19] 12/12/2021 17:22

I presume it is the little halogen bulbs with the 2 prongs that plug in. If so, a Google search for G9 LED bulb will bring up some suitable replacements. If it isn't a G9 bulb, then I'd still be surprised if there isn't a suitable LED replacement

[suetballs] 12/12/2021 13:28

Why can't your floor lamps take led bulbs?
Suet

[jrphoenixw2] 12/12/2021 13:16

So often these green/eco claims don't present the full end-to-end picture, such as importing US kiln dried wood-chips to burn in UK renewable power plants. And that's somehow meant to be a positive for the environment.

I learnt of another example this morning. Looking into buying replacement G9 halogen light-bulbs for a couple of floor-standing reading lights I learned that they have recently been outlawed. According to the government press release buying LED bulbs instead in future will reduce my electricity bills. This of course ignores that I'll have to throw out two perfectly good floor-lamps (shipped from China I expect), and buy new LED ones (-ditto-) and then pay for $$$ halogen bulbs in future.

[pierre oreilly] 09/12/2021 10:36

I could say the same about your planet saving views skinny.I think it's very important to expose the reasons why our electricity bills are rocketing to levels meaning many will have the eat or heat choice.I find it hard to reconcile in my mind that my very profitable high investment here in the near future will be funded to a higher degree by those much less fortunate than myself.Sse are profit maximising as you'd expect and as I want them too. I'd just like gov policies (which drive see investment) to be more concerned with the eventual effect they have on the less fortunate in society, rather than chasing uncosted and largely ignorant 'green' policies and the very misleading messages, in my area of expertise, they send out.

[pierre oreilly] 09/12/2021 10:03

Skinny, do you know why see wants to build windmills in Scotland (a country awash with plenty of cheap energy)? and why it's relatively easy to get the go-ahead for windfarms there?If you are into 'saving the planet' then you probably don't want to know, but if you're into sse low risk profits, then you probably do because it's great for those.

[skinny] 08/12/2021 15:35

.



.

[marktime1231] 08/12/2021 11:54

Trimmed a few today, having been a core holding in my income portfolio I am now looking to see where there are better prospects ... housebuilders like CRST look set to be able to cover a 6% yield again?

[marktime1231] 07/12/2021 15:26

Full detail of Elliott's long letter here ...



I share some of Elliott's disappointment, SSEs hybrid plan will satisfy neither high income investors nor those looking for an aggressive renewables growth bet. But the board have already set out their own bold counter-plan, divesting retail, betting big on wind farms. Elliott is unlikely to control enough votes to get the changes it wants., but makes good points ... lacking adventure SSE lost out on the Irish Sea auction to BP, even before the latter brings in top renewables talent.

So there will be adjustments to take up some of Elliott's better ideas and to show that the board is listening, but a split or a hostile bid remain unlikely.

Renewed speculation might see the share price push back up to the high 16s again, welcome if are looking to trim well ahead of the dividend rebase to 60p from 2023.

[pierre oreilly] 07/12/2021 11:43

So if sse resist, are elliot going to bid for the lot anyhow and do the split themselves?

Not sure in this case that renewables plus the rest are worth more a two separate companies or just one as atm. Sure, renweables worth a lot, but gas assets like Keadby are a liability atm (should be the exact opposite of course, but the government dictate the asset value by their esi policies).

Are elliot in a position to grab the whole company? That's a lot of wonga.

[wad collector] 07/12/2021 11:09

I see there is an Elliot response in the Standard too;



The activist investor stalking SSE today broke cover to blast the energy giant’s management and increase pressure on the company to spin-off its renewables business.

Elliott Advisors today published a letter sent to SSE’s chairman Sir John Manzoni calling for the company to spin-off or sell at least part of its renewables business, beef up its board and appoint a new strategy committee to draw up more ambitious plans for SSE’s future.

It marks the first public salvo from Elliott after months of behind-closed-doors talks between the US activist and SSE’s management. Elliott has built a significant stake in SSE and is now among the company’s top five shareholders. Elliott has been privately lobbying for SSE to split itself in two by spinning out its fast-growing renewables business and leaving the legacy network infrastructure business as the core.

Elliott has broken cover after SSE rejected its suggestions. SSE last month announced a new strategy aimed at making it the biggest constructor of offshore wind turbines in the world. It plans to invest £12.5 billion in renewable over the next five year, funded by the sale of a partial stake in its networks business and a cut to its dividend. The stock closed down 4% on the day of the announcement.


In its letter, Elliott said these plans “lacked ambition” and “disappointed” investors and analysts. The activist questioned “the adequacy of SSE’s corporate governance” and the “legitimacy221; of the strategy review that led to SSE’s investment plan.

[marktime1231] 03/12/2021 13:10

Thanks skinny I read that yesterday and was wondering what it means, other than SSE have hit an important project milestone so we are making progress. Does it for example allow SSE to trade a 10% share in Dogger Bank C? Does it entitle SSE to recognise value from its invested effort to-date?

[pierre oreilly] 02/12/2021 16:43

Here's another lie

Once fully operational, the Dogger Bank complex will produce electricity to supply 5% of the UK’s power demand, or roughly six million UK homes.

A technical point, but the complex can't supply one home's power requirements, never mind six million.

What it can do, is supply 6 million homes' energy requirement. To supply the power requirement (so you can turn a kettle on when you wish for example), the grid has to supply very expensive support facilities (such as primary and secondary reserve, and backup generation supplied by the capacity market, and various frequency support mechanisms). It's these services which are driving bills higher, and which logically should be included in wind costs, but they never are. Those service requirements come about due to wind's intermittency, and largely aren't required for dispatchable generation (coal, gas, nuke etc)