The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
The Rural Back Benchers of both Fianna Gael and Fianna Fail will get the message over the Easter Weekend from their voter base.
Get rid Ryan or or we will get rid of you in the next Election is the message they will receive.
Plenty of Independent Backbenchers are willing to fill any vacant Government seats held by the Greens.
Do the necessary Micheal Martin and Leo Varadkar. Speak to the Independent Deputies.
The leaders of Fianna Fail and Fianna Fail should realise who elects them.
The electorate didn't elect this Government to be led by the nose by Minister Eamonn Ryan.
The Rural TD'S from Fianna Fail and Fianna Gael should pull the rug on this Government.
Remains to be seen if they have the backbone to do it.
If they don't Minister Eamonn Ryan will finish off their voting base.
Act before it is to late backbenchers in this Government.
https://m.independent.ie/business/farming/news/farming-news/minister-eamon-ryan-to-ban-sale-and-distribution-of-turf-41541705.html
How much longer can this go on.
Eamonn Ryan, Out, Out,Out
The Politicans in Government are going to get a rude awakening.
https://m.independent.ie/irish-news/eamon-ryan-to-resign-and-diesel-capped-at-120-a-litre-truckers-issue-list-of-demands-or-vow-they-wont-leave-dublin-city-41540749.html
Europe is yet again creating another Bear trap just like the Russian Natural-Gas and Petroleum for itself by allowing China to become the dominant supplier of critical Rare Earths and Magnetics for the following, EV Batteriess , Electricitity Generating Wind Turbines and Solar Panels.The critical materials for these products are sourced in most cases from third World Countries in the so called mutual partnership known as the Belt and Road alliance. The only winner under this system is China leaving the host Country in massive debt to China.Theraw material are then processed in China with conditions for the workers we can assume no European company could even open its doors under.The Politicans in the West have been willing to turn a blind eye to this using the word of Globalisation as their get out of jail card when questioned.Particulary when the citizens of their Countries ask why China is permitted to flood the West with products manufactured under conditions no European Company would get away with.
I presume the 1060 GW Coal Burning Electricity Generators is only an estimate.
The Chinese are commissioning one of these a week.
Presently China is the World dominant producer of Synthetic Graphite. Vast amounts of Electricity from this source is required to manufacture the synthetic Graphite for the Global supply demand of EV Vehicles which Minister Eamonn Ryan wants us all to drive.
Required temperature to produce this Synthetic Graphite from Coal and Coke is 3,000 Degrees Centigrade for 3 weeks.
Not the desired Eco Friendly and Carbon Free process is it.
In addition India has 280 + Coal Burning Electricity Generators with another 50 + under construction.
Over 70% of Electricity produced in India is from this source.
There is no plan to change this policy.
Donald apologies for the error in the title of the original post .
Happy to read you are paying on average 17 cents per kilowatt .
The price here 30 Cents and rising per kilowatt.
There are no cheap holiday or weekend prices.
In fact the Government are attempting to persuade people to spend less time in the shower to save energy.
How many Nuclear Electricity Generating are shut down according to this article.
https://www.reuters.com/markets/europe/edf-extend-civaux-nuclear-outage-shut-down-reactors-chooz-safety-measures-2021-12-15/
A glimpse into the very near future in Ireland.
Unfortunately governed by the present Government which in turn has been blindfolded and led by the nose by Minister Eamonn Ryan.
Unfortunately for France they were cajoled by the Germans and the Greens to become ever more reliant on Electricity produced by wind and solar farms.
France bended the knee and destroyed its previous well balanced Electricity Generating System incorporating Nuclear, Natural Gas,and Coal. France abandoned the Construction of new Nuclear Electricity Generating Stations to replace ageing Generators.
Now in France there are insufficient Nuclear Generators to meet demand.
Their is restricted down time for maintenance due to the necessity to maximize Electricity Production.
Net Result as follows;
French Electricity
hxxps://oilprice.com/Energy/Energy-General/French-Power-Prices-Spike-To-3000-Per-Megawatt-Hour-Following-Cold-Snap.html
A glimpse into the very near future in Ireland.
Unfortunately governed by the present Government which in turn has been blindfolded and led by the nose by Minister Eamonn Ryan.
Unfortunately for France they were cajoled by the Germans and the Greens to become ever more reliant on Electricity produced by wind and solar farms.
France bended the knee and destroyed its previous well balanced Electricity Generating System incorporating Nuclear, Natural Gas,and Coal. France abandoned the Construction of new Nuclear Electricity Generating Stations to replace ageing Generators.
Now in France there are insufficient Nuclear Generators to meet demand.
Their is restricted down time for maintenance due to the necessity to maximize Electricity Production.
Net Result as follows;
French Electricity
hxxps://oilprice.com/Energy/Energy-General/French-Power-Prices-Spike-To-3000-Per-Megawatt-Hour-Following-Cold-Snap.html
Thanks Brendanor,
Got it.
Swizz,
Do you have a link to full report of this meeting.
Please post it here if possible.
I hope Ryan and his Party are shown the back door of Leinster house within 2 weeks.
Changes at the top of this Government is required immediately.
All usual the ordinary people will pay the price for their actions.
The USA could export additional shipments of LNG to Europe.
Even if the USA supplied all the LNG to Europe it possibly could. This would not even fully replace the quantity of Natural Gas Germany receives annualy from Russia.
Then you have also to think about Austria, Italy, France, The Netherlands, Britain etc where will they get their supplies of LNG (Natural-Gas. )
The USA must fulfill its long term contracts of supply with its present customers and the obvious requirments to supply its own Domestic needs of 260 Million + population and its massive Industrial demands which are continously growing.
In addition LNG vessels are not ten a penny.
There is a worldwide shortage of these Ships.
The construction time in on average 3 years.
There are only a handful of shipyards that have the facilities and skills to construct these LNG Cargo Ships.
These Ships have to dock at a suitable discharge ports to unload.
Presently there are none in Germany.
Time to construct even with German Efficiency 2 to 3 years.
In fact there is a complete shortage of these unloading ports in Europe.
Even when a shipment of LNG is on transit it can be diverted to a destination and customer paying a higher price. This is constantly happening at present.
After the High of 3 MW over Night from Eamonn Ryan's Wind Generating National Resource of Electricity Generating ideal for a vibrant and functional and successful Economy.
It has now surpassed 40 MW Output.
I ask the Citizens of Ireland not to Boil their kettles at the same time this morning.
Might be a good idea to forget about toasting the bread.
Or the lights may go out.
I don't expect Putin to take a ban of Russian Petroleum exports to Europe without having a well timed pre-emptive Russian self imposed ban on Natural Gas exports to Europe.
This could happen any time soon.
The net import of Electricity into the Republic of Ireland is fractionally below the output from Coal Generated Electricity at present.
Coal Generated Electricity 13.77%
Imported Electricity 13.53%
Any updates on the 7 proposed Natural-Gas Generating Stations to be built.
The Electricity grid in Southern Ireland is importing over 13 % of its requirements presently.
Are we in Blackout territory.
Tavoc,
Yes they can look for monetary compensation, loss of future profits, destruction of Business Model etc.
Do what Rockhopper Resources are presently doing against the Republic of Italy.
The European Energy Charter is means to look for compensation/ redress.
Many other Companies are suing European Counties by means of the European Energy Charter.
Ireland, Italy for instances are signatory to this Charter.
The Electricity importation to the Republic of Ireland is now approaching 13%.
Over 1/8 th of the National requirments.
Is anybody in this Irish Government aware of the serious Electricity Generating deficit problems facing the Citizens and Industry of this Country.
Electricity Important is over 12% ( 672MW) at present to prop up the Electricity Generating System which has been thorn asunder and brought down to its knees.
The Wind Farm Electricity Output has now decreased to 155 MW.
Is there a hidden lesson here?????.