"All dwellings were modelled with an efficient package of services including a 90% efficient gas boiler and 100% low energy lighting"
So not a removal of gas at all but more efficient boilers and presumably other improvements to drive down emissions.
In another report I found it had this to say about the ideals of zero-carbon homes:
"This translates to a situation where an absence of gas appliances and power showers in new homes are “deal-breakers”, discouraging most homeowners from buying a home built to the highest standards of the Code for Sustainable Homes, Consequently, the report finds a “considerable resistance” among homeowners to pay the premium such measures add to a selling price. Ultimately it finds only 4% of homeowners are prepared to pay the extra £35,000 for a zero-carbon home, which the government estimates will give them fuel savings of only £400 a year. Of course, if home owners are unwilling to buy the properties, there will also be a resistance among housebuilders to build them"
In short, gas will continue in existing homes of course for years to come and probably in many new homes too provided they have high efficiency boilers. However this concept of the super energy efficient zero-carbon home is obviously viewed by many as a bit of a misnomer because very few people actually want one, let alone would buy one. As with solar panels, we all like the notion of getting free energy from the sun, but the cost of panels and installation is hugely prohibitive and as a result few have bought them. Most that you see about are put up by your local "rent-your-roof" outfits who install the panels freely and reap the benefits of the Feed-In-Tariff. Sure you save a bit on your lecky bill each year but it's not an energy solution. It stops working at night (which is when most working people need it). There are no massive battery solutions available with these people so that you can store energy by day and use it by night, all they want is the Feed-In-Tariff benefits throughout the day whilst you are at work.
The electricty for these homes will be supplied via gas fired power stations which will hopefully use Shale gas. I say hopefully, this has got to happen otherwise the UK will have a energy crisis and constantly be at the mercy of foreign countries who supply us currently.....
Not that I want this but this is getting nearer top up time everyday. Will have a good think about where this is heading over the weekend.
As for shale gas, who thinks the new rule for house building will effect this outcome as all new homes from 2015 (or 2016) must be electricity only? No gas! I know we are talking 30 odd years down the line, but how long will it take for shale gas to start?
"Europa has a 50% interest in and is the operator of the PEDL 181 licence, with Egdon Resources UK Limited and Celtique Energie Petroleum Ltd. each holding a 25% interest. PEDL 181 was awarded to Europa in 2008 as part of the 13th UK Onshore Licensing Round. On completion of the 2D survey all Part 1 licence commitments for the initial period, which expires on 30 June 2014, will have been met. Continuation of the licence into the second term requires the commitment to drill a well prior to 1 June 2014. ""
drip drip on the share price - spasmodic news, very small number of trades but when those trades are a sell they murder us, all the supposed good prospects for this company and still we are sub 10p . Fincap need to get there ass in to gear and start earning their money by banging the drum for eogs prospects in shale and Ireland. In here for nearly 4 years now and its the same old same old - most disappointing.
I am invested in QFI which I believe will be a star performer from here on in. There is also ongoing negotiatons and wip with Aramco, Pemex, Nexidea and Powerseraya which if result in contractual fruition will add significant multiples to the current mkt cap.
From todays RNS
" Following final approvals from Mærsk, Quadrise International Limited ("QIL") has agreed terms and executed contracts with Mærsk, AB Orlen Lietuva ("Orlen Lietuva") and AkzoNobel Surface & Formulation Chemistry AB ("AkzoNobel") to enable the supply of Marine MSAR(R)2 during 2H 2013.
The 1,000 ton per day MSAR(R) manufacturing unit owned by QIL and supporting systems are now installed at the 200,000 barrel per day Orlen Lietuva refinery in Mazeikiai Lithuania and will soon be ready to produce Marine MSAR(R)2 fuel for supply to Mærsk vessels during 2013. The fuel will be used for the main propulsion of Wärtsilä and MAN Diesel engines on operational Mærsk vessels."
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