National grid stock login4/27/2024 ![]() Net sales break down by activity as follows: National Grid plc specializes in owning and operating electricity and gas networks. Ukraine energy grid getting help from abroad after Russian strikes, operator says National Grid CEO Flags 500% Rise in UK Power Demand Over AI Growth ![]() UK's FTSE 100 lag as energy stocks fall DS Smith, Diploma jump The Fed and investors agree on the timing of rate cutsĪNALYST RECOMMENDATIONS : Estee Lauder, Humana, Eli Lilly, National Grid, Brown-Forman.Īlternergy, National Grid Sign Interconnection Deal for Wind Power Project in the Philippines NATIONAL GRID : UBS reiterates its Buy ratingįitch Maintains National Grid's Ratings, Stable Outlook on Strong Earnings Visibility Russian overnight drone attack damages energy infrastructure in Odesa region Ukraine energy system stable, no major power imports expected, ministry saysĮuropean Equities Traded in the US as American Depositary Receipts Higher in Friday Trading, Close Out Week Lower Gresham House Says National Grid Underusing Available Battery Storage National Grid files three-year rate plan for New York gas businesses UK's National Grid Proposes Three-year Rate Plan for Gas Units in New York, US Not so happy about the electricity bill rises though, which many can now no longer afford.Britain has sufficient gas to cover demand this summer-National Gas like a gilt - safe profits, safe rising divi, but will never be spectacular (although I'm very happy with the performance since privatisation). Well, someone has to pay for 'grid upgrades' to handle intermittent generation. Hence the rapidly rising electricity bills (and beyond the smoke and mirrors, the coming very small cut in rates/kWh will be offset by yet another high rise in the standing charge). to pass on the extra costs, eventually to consumers, via an uplift in the err uplift). ![]() With 'one off' costs (like the splitting of the cegb in the past and likely great extra work 'upgrading' the grid for renewables, the regulator will allow ng. (No chasing bad bill payers, no sales teams etc etc - it's different to all other businesses imv). makes a decent return on its (uk) assets - money for old rope if you ask me, and pretty much zero or extremely low risk making that cash. Part of the uk regulators job is to ensure ng. If it has roughly 11bn unregulated in the us (or maybe regulated in part by us authorities, or at least told what to do by them), and 11bn regulated in the uk - then that seems value to me. Aaaaaaagh!ġc, Not sure how you can see no value here. Like I said at the beginning, I do not understand the news story. So do you mean ANOTHER £20-30 a year for as long as this fantastic sounding grid development takes? Electricity standing charges, 82% of which OFGEM tell me are to pay for Network Development and Grid Operator costs, have doubled in the past three years. We are already paying an extra £20-30 a year by the way. but if Norway, Denmark, France, Germany can build connectors over hundreds of miles with private finance, and no obvious loading on to bills, then what is the extraordinary fuss about having to add a couple of subsea links between Scotland and England? OK so remote wind farms need to be linked south of the border. Are you really saying that we are stupidly not making best use of existing networks and former generation sites when developing new generation or storage? Hang on we already have a network which has the capacity to distribute 60GW of electricity generation, and peak demand has fallen to only about 45GW over the last 15 years. I do not understand the news report today saying we need to invest £60B on thousands of miles of grid work adding to (or replacing?) the UK electricty network, and that this will add £20-30 a year to bills.
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