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Royal Bank of Scotland Share Chat (RBS)

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Share Price: 241.90Bid: 241.80Ask: 241.90Change: 0.00 (0.00%)No Movement on Royal Bank Scot
Spread: 0.10Spread as %: 0.04%Open: 243.50High: 248.60Low: 239.50Yesterday’s Close: 241.90


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mailman
Posts: 2,148
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Opinion:No Opinion
Price:241.90
jings100 .. All
Today 11:48
Seems sheer lack of government future planning.. even mass solar panel farms can produce needed power, not sure if they can beat wind farm power production ..... but we need to up our home production of power sooner than later as an investment for our ever growing power needs.. and we need have the ability to produce more than our needs as a backup in years to come as power usage security...

Just to get some in to do or run things that we should be doing ourselves...to me is crazy.. A lot of our rail network is foreign owned or run by, water and electricity all with profits taken out of the UK.... The gross revenue and profits the Electricity companies must make would probably pay off he national debt in future coming years

Building, Owning and running our own infrastructure seems not on our governments agenda.... I wonder who built the Forth road Bridge all those 50 years ago UK workers or not...
 
jings100
Posts: 8,701
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Price:241.90
mailman / SonofRobin
Today 09:48
Didn't know about the one in the midlands , must be many places on the mainland that would be suitable even allowing for summer water shortage . Similarly must be a number of places where tidal schemes could be set up even if it does mean subsidies and , asuming we build them ourselves , I'd much prefer that as opposed to Hinkley .
mailman
Posts: 2,148
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Price:241.90
SonofRobin.. All
Today 08:44
Well posted ... The UK relys so much on imports and from others, rather than self creation and ideas .. Seems to be so easy to get someone else to do things even with of course the mass extra cost involved ... We are becoming less masters of our own destiny every year .. What we could do years ago without any issue ... Sadly now is the issue .. We now cannot in many cases .. Self created by past government over the past 40 years .. And imports 30% more than exports will no doubt grow further .. As you say French build our own power station.. And gain financially after it is built. A nice package for EDF ... If Reports of some UK train carraiges built abroad are true the downturn in UK production over the years seems a backward future of self reliant on others more and more..
SonofRobin
Posts: 249
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Opinion:No Opinion
Price:241.90
Hydro in the Midlands
Today 07:39
Our Rivers could be a great source of energy. Every time I see a weir I woner why we don't divert some of the flow to generate electricity, as is done at Beeston on the Trent. You would not know it was there and it's clean. If a government supported mass development of Hydro throughout the UK, we should be independent for energy in short order, I believe. Government said to the tidal scheme for Swansea - too much subsidy required from the public, but how much will we be giving the French Government owned EDF to build new Nuclear power? - XX Billions, I think!

We used to lead the world and had 400 years of energy in coal - now we are sleep walking into a crisis.
mailman
Posts: 2,148
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Opinion:No Opinion
Price:241.90
Jings100
Fri 19:35
Thanks for that information ...

As I said with the flooding issues in the north this year ... Maybe splitting any river that causes floods in the past .. Make a detour of half the water through a hydro type system and into a new lake or divert back into the river .. Just an idea to use troublesome flooding rivers to another use..
jings100
Posts: 8,701
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Opinion:No Opinion
Price:241.90
mailman
Fri 18:44
Hydro's been on the go for many years in Scotland , visited the hydro scheme at Loch Awe a number of times. No idea how much it contributes nationally but significant percentage I guess . Lots of small schemes in Scotland, seems to be a growing market , some use the same water over and over as it drops through different levels . Good use of resources methinks.
mailman
Posts: 2,148
Off Topic
Opinion:No Opinion
Price:243.60
jings100 .. Neepheid
Fri 16:05
My gripe about UK energy is for many years if I am correct we have imported around 25% of our Electricity from Europe...

I cannot except that over the past decade we could not have become more self reliant in producing more or all of our Electricity needs... and maybe exporting in another 10 years time... The UK seems so badly behind the curve of future planning in so many things.... Electricity is predicted to continue its increasing demand monthly for countless to come.....So not investing in more sustainable constant reliable electricity production would be more common sense and cost affective ... than relying on a growing X amount to be imported from elsewhere ..self reliant is to be more your own Master... and more control..

I would have thought there must be a couple rivers in the north that could be adapted to create a power source of some kind and being green power as well... more so if future weather is for more rain and flooding and less snow...Divert parts of some rivers to create power seems a logical idea...and reduce the pressure of flooding..

Makes sense to me if only on a small scale.. to start with...constant flowing water is power source ..2 girders across a river or platform on the waters edge with a paddle wheel connected to a turbine you can generate power to the national grid.. There must a space on many flowing rivers ..that maybe considered...many small can produce a lot as they say...
jings100
Posts: 8,701
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Opinion:No Opinion
Price:243.90
Neepheid
Fri 15:25
Your not wrong ,onshore storage pretty much full to the brim I believe . It's quite a complicated picture at the moment not just about the Saudl's refusing to cut production . Two main factors in recent years have been the slow down in global demand and the ramp up of shale production in USA this lead to their suppliers having to move into different markets to maintain economic stability. As these countries are all pretty oil dependent nobody cut production , so supply grew and prices plummeted . Great for consumers not so good for the oil industry , investment has been dramatically cut, rigs are being closed and something like 250,000 employees have been paid off . Can't go on forever.
Mailman makes a good point , in future the dependence on oil will be much reduced. The recent Paris agreement signalled that . Climate change makes it a necessity , even the Saudi's recognise that .I believe they've started to invest heavily in electrical energy production and renewables . Obviously things won't change dramatically overnight but the next couple of decades are going to be very interesting .
mailman
Posts: 2,148
Off Topic
Opinion:No Opinion
Price:245.70
Re ..Oil production
Fri 09:51
If there is a reduction of the use of oil... it could well stem from 2007 financial crash and since then car journeys maybe less as people cut their journey costs.... Certainly in Great Yarmouth in the past 3 years there are more parking spaces and of course the amount of travelling distances to going shopping has changed to having items delivered instead. It has saved many a 40 mile round trip by car to Norwich in my area .. multiply that by how many across the UK or around the world doing similar ...1 million items a day from Amazon alone is 1 million travel journeys saved..

Then the past 10 years of the growth in Electric cars with 50,000 Electric cars reported sold worldwide by Tesla in the USA could be the start of less oil used by cars in the future ..... Things as we all know are constantly changing...

https://www.teslamotors.com/en_GB/about

P.S. Nice rise in the SP yesterday and today... I will say no more.....
Breton59
Posts: 196
Off Topic
Opinion:No Opinion
Price:241.80
Neepheid
Fri 07:50
Some good questions but I take some of these story's with a pinch of salt. Firstly only three years ago the real problem was oil production was on the way down. Not because of low prices but because it was 'running out'. Secondly the Saudi game of wanting to chase the Shale industry into the ground is dangerous. Once oil prices pick up beware of the lesson from the 70's when oil producers sat back and topped up the bank account while the rest faced hyper inflation. Given the lack of influence anyone has had on the Saudi 'price war ' to date be very concerned of the elephant in the room.




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