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kat2008
I have solar panels and can tell you now... you are talking nonsense. You need to do some more research. Solar panels and battery's have moved on a great deal now.
And I didn't say they would handle 'all needs' but certainly half.
The losers would be EoN or EDF et al (pensions funds etc) and the winners would undoubtedly be the consumers/tax payers.
Which is precisely why the Tories want none of it
Where do you find these figures Kat.
UK average sunshine is 4 hours per day. That's mostly during the summer months, of course. So for every warm, sunny summer day with 12 hours ( out of 24 ) , there will be 6 winter days with only 2 hours !
Remember that the long summer days are when we need less electricity, whilst the cold, dark winter day, is when we need it most.
In the UK, solar does not even pay for the initial capital outlay before the panels lose their potency. ( hence poor uptake, even with govt subsidy, and then only when they are plugged into the grid, rather than acting as a stand-alone system ..... the additional cost of buying deep cycle battery bank makes this uneconomic in just about every case )
But for solar, you need sunshine, Fort.
What’s ‘dangerous’ about it Redknight?
There's an obvious solution to the energy crisis and that's solar. If Gov went big on solar power via grants for people to stick panels on roof, then most households would cut energy usage (electric mainly) by half if not more. The Sun rays are free.
But as the government has fingers in pies with French energy firms and so on, they really don't want UK homeowners to be self proficient. They don't want you to be able to generate your own electricity. And most of all... they don't want to have to pay you when you add it back to the grid.
The elephant in the room is not EV's or electrification... it's the deals that the UK gov have struck with foreign firms and the fact that most profits coined in from tax payers go into fat Tory pockets along with their pension fund buddies.
Wind power useful but it's still in hands or foreign firms when solar panel generation should and can be in hands of the taxpayer on individual basis or on community led projects that use Greenfield for panels to feed entire villages.
I live in an area with large turbines all around me. I have no idea what people have against the. A mixture of wind solar and safer nuclear would be ideal.
Dangerous game being out of SOLG ATMO IMO...
yes and interestingly the Chinese are building Thorium nuclear reactors which is what we should be building instad of all these bloody wind farms. thorium reactors are a much safer as the dont use high pressure water to keep cool they use molten salt thats not pressurised so no explosions and another benefit is they can use all those spent reactor rods were burying all over the place as fuel.
Yes well I think we all got lulled into thinking BHP would buy it. but its clear their interests lie elsewhere possible untl someone else makes an offer . most likely the Chinese as they are quietly cornering the market on rare earth & raw materials only their economy has not been faring so well of late hence they are holding back, as for the electric car caper its an ill conceived idea we dont have the infrastructure to cater for it. the insurance company's are having to write off nearly new cars due to battery damage as its not economical to repair them. and up go the insurance premiums.
Encouraging that deals are being done in neighbouring Chile.
https://www.miningweekly.com/article/lundin-to-buy-majority-stake-in-caserones-copper-mine-2023-03-28
The ban in 2030 is for the sale of NEW ICE cars, existing ones will continue to be used as normal if purchased prior to this date so there will not be a cliff edge fall. With regards to affordability we are already seeing prices drop across Tesla by in some cases up to 8K, this will in turn start a domino effect across other manufacturers I'm sure, and with better value coming from China and neighbouring producers this will continue to grow steadily as we have no option. Copper needed in great volumes without doubt, charging networks still woefully short and substandard and that's not even mentioning the green energy revolution to come which is being exacerbated/accelerated by the current geo political situations we are in. Hold tight in comfort that this will deliver, add if you are able. I cannot see the Ecuadorian Government standing aside and waiting for this cash cow for another year !
ONWARDS & UPWARDS
The technology for batteries etc is only going to improve range and efficiency.
For a company car, over the last 3 years, a £60k EV has been cheaper to run than a £30k ICE by a huge amount.
Not so much now as the grants have been removed and the cost of electric, has been inflated, but electric per kWh is already dropping back and public charters have started dropping their prices albeit slowly a bit like garages when the oil price rises and drops…..
any government policy to ban ICE in the near future will be pushed waaay back... it will have to be.. its absurd to believe it will come in any time soon.
Banning ICE not EV’s…..
:-)
So you think most western governments banning electric vehicles, in the future, will slow it down.
It is slowing down currently because of the high electric cost , but with over 1m EV’s and energy prices already falling it will pick up again.
Initially ev’s, are expensive but the running costs( without public charger use) are very low
Fair comment add , wish they'd hurry up!
I said that too Wildtiger then the shares rose by 5%+. Its a good thing people don't listen to me.
I'm still waiting for 13p though.
400%+ why?
Well, I'm up £5k on this since my first purchase. How much are you up, or should I say down?
plonker
I bought back in at 16, just sold all my shares again. The general market is still weak, I think we will retest 13-14 before any major upward moves. Good luck to all
Up she goes
cov, why do you think Jiangzi invested recently? Did they sit around a table and say: " tell you what, we don't really like Cascabel, but why don't we chuck $36m at it just for a laugh?" Why did both BHP and NCM stand their corner in previous fund raises when they could easily have walked away? Why have they spent time agitating if they were no longer interested? Why does virtually every analyst and market commentator say it will be taken over? Why is Sangha so confident he can sell it?
There will be a myriad of reasons it hasn't already been sold - I suspect one of them may be that NM rebuffed previous informal approaches - but because something hasn't already happened does not mean it won't in the future.
Cov, I share your frustration, but as yet we have no proof that we're unable to sell Cascabel. I've said it plenty of times, but we're in a formal process which has not yet reached any conclusions and as it stands, we have no way of knowing how this is going to turn out. Many of us on here spent ages arguing for an SR and eventually the company delivered one; all we can do now is sit back and wait for the outcome and I remain confident the overriding and publicly stated intention of delivering shareholder value will be achieved.
Yeah we all love a good ramp but not ramping with made up stories, stick to facts then okay fair enough, that's why I like it when DM pulls people up on things.