I cannot understand why you feel there is a need to regurgitate a 4 week old RNS which people will have already read for themselves. Further, assuming it is not your intention to mislead others, you have missed two important elements. The date (13 August 2015) and the period to which the statement relates (quarter 1).
15 Sep '15
Group operating and financial
Group operating and financial performance The Group had a strong first quarter with total power generation up 14 GWh to 586 GWh. Day ahead pricing and operating costs were in line with expectations. We have maintained our focus on operational performance with high engine reliability in our LFG business of 96% and wind availability also at 96% over the period. Landfill Gas The LFG business continues to deliver solid output, exporting 435 GWh in the three months to 30 June 2015 compared to 463 GWh in the three months to 30 June 2014. The reduction in output of 6.0% was due to a combination of the natural decline in landfill gas, drier weather conditions and planned full grid outages at two of our larger sites initiated by the local network operators which lasted for 11 days. Adjusting for the one-off outages, the output decline would have been 4.7%. The proportion of electricity exported under the RO regime for the three months to 30 June 2015 was 93% compared to 84% for the comparative period in 2014 and the total average selling price (“ASP”)(2) for the three months to 30 June 2015 was £93.51/MWh, an increase of £4.43/MWh on the comparative period figure of £89.08/MWh. Onshore Wind Our onshore wind business exported 152 GWh in the three months to 30 June 2015, all under the RO regime. This was a 46% increase (+48 GWh) over the comparative period in FY15. On a rolling 12 month period to 30 June 2015 wind output was in line with long term average (P50) wind conditions. The wind ASP for the three month period to June 2015 was £88.59/MWh compared to £88.06/MWh in the comparative period to June 2014. Onshore wind construction and development activities The construction of the A’Chruach wind farm (43MW) is progressing according to plan. All 21 turbine bases are complete and, in addition, all site access roads are complete. Turbines will be erected over the Summer with final commissioning still expected by March 2016. We have completed phase 1 construction works on the Galawhistle project (66MW) which included site access road construction and the sub-station floor. Construction work is underway on the main site infrastructure works. We are also at advanced stages of procurement and financing on our wind farm projects at Sisters and North Steads (formerly known as Blue Sky) with financial close expected in early Autumn 2015.
14 Sep '15
Infinis has been lifted by the wind .. up 45 per cent this year and will fly past the land fill site of part of the bussiness. by 2017 estimate wind farm expanded beyond the land fill site of the main bussiness. Infinis said due to wind farm porgenst most being built wil be covered by the goverment grace perioud contracts If this is true hudge expanson of the wind farm area will over take the bussiness.
11 Sep '15
Infinis rising yes not sure why possible recover stock .. The wind has lifted it i tink due to around 45 per cent up this year . I t has been said by 2017 wind will over take the land fill site bussiness. Infinis is a land fill site and wind bussiness.
11 Sep '15
where are all the Drax advocates no
Interesting that when the government pulled the subsidy plug and Infinis dropped .. and dropped .. and dropped a bunch of people harped on about manipulation as (one of the reasons) Drax had bounced significantly back. Well I note that Drax has settled back slowly and sits approx 35% below its drop point and Infinis about 38% (depends on what number you used)... not much difference really. SP keeps testing levels and has the feel of a slow recovery about it. I expect it to steadily rise over time
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