From my college days, it was stated that new distribution infrastructure cost were 5-7 times more expensive underground verses overhead cable installation. And we know NG say they can meet demand but the LV distribution can’t. The costs to remedy will be huge. That’s where AFC come in.
I remember sitting in a bus in St Petersburg when the share price went into the 3s, I did two purchases over a few days to average down. How I wish I’d ploughed a bit more cash in at that time now ....
With the sales of fast DC chargers ABB have made, they will be well placed to know the real situation with grid limitations. They needed a solution, now they have one.
Think someone got the timing wrong and is a bit upset ))) MPO you’ve been bellyaching all the time you post here. Just enjoy the price gains, I know I am.
Today’s RNS give you some idea of the work going on in the background. We will be then next CWR and ITM re rate. Well done those who hung on to their shares through think and thin.