Simec Atlantis Share Price (SAE)

Nice news - also from what I remember of an old Abundance presentation the Meygen BESS application is at least as advanced as those at Usk. Interesting that the market would place so much value on it but I guess a power source paired to a storage system that can sell at optimal prices is a pretty strong proposition.

https://mandrillapp.com/track/click/30759003/*********************?p=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

summary of potential changes to zonal pricing for electricity mentions sae as one likely beneficiary:

varied exposure for listed companies in our coverage universe we see drax group* (drx ln) benefitting through its cruachan pumped storage unit, simec atlantis* (sae ln) through potential for battery storage in caithness and nextenergy solar fund* (nesf ln) through new subsidy-free solar as well as its existing assets. we also see sse (sse ln) benefiting from its pumped storage asset at foyers and its gas assets benefiting from a weighting towards southern zones. centrica (cna ln) is exposed through its share in the uk’s legacy nuclear assets which have a mixed exposure due to their locations. the three battery yieldcos, gore street energy storage fund (gse ln), gresham house energy storage fund (grid ln), and harmony energy income trust (heit ln), all have some assets that could benefit locationally but most are weighted towards the middle zones which could see weaker bm income dominating. gore street is less impacted given its international diversification. invinity energy systems* (ies ln) could benefit from regional volatility as it will now invest in uk long duration storage.

Quite an interesting report on Meygen

https://eandt.theiet.org/2024/03/21/designing-tidal-turbines-are-safe-marine-life

And the winner is TL.

Yes it mentions SAE.

You are still wearing those rose tinted glasses.

Like it or not we are at a crossroads and Proteus have the keys irrespective of what share we have with them

If we don't hear something relating to 3mw turbines for Meygen then we may be dead in the water.

Let's be honest we have struggled to have 3 in the water so having many more creates more issues instead of solutions

Https://undark.org/2024/04/29/scotland-ocean-power/