RE: Latest position of Ireland on LPG/Offshore gas28 Jan 2022 08:17
Hi Keith
Looks like application has been made: Corrib South is located 18km from the Producing Corrib Gas Field Production Licensing Option offshore West of Ireland. Application submitted to convert Licensing Option into a Frontier Exploration Licence. Predator looking to farm down interest for a carry on exploration drilling
Also Mention on last presentation: "Applications submitted but no final response yet from Government"
Renewables developer says gas is ‘no solution’ to mitigate climate change17 Jan 2022 07:49
Technology The leaked draft reveals the intention to adopt fossil gas for electricity as a “transitional” technology. The legislation adopted in 2020 establishes that for an economic activity to be “transitional” it must have carbon emissions corresponding with best performance in the electricity sector; must not hamper development and deployment of low-carbon alternatives ;and not lead to lock-in of carbon-intensive assets.
Yes good point: " EPV is almost the same as that of NPV and the calculations are almost the same. EPV is mainly applied for determining the expected profit or cash flows. EPVs are taken into account for calculating the value of the company when another firm buys it."
VDL sparks EU fallout as bloc caves to Macron's nuclear pressure with huge 'pivot'31 Dec 2021 08:16
"It is also expected that the EU Commission will label nuclear energy and natural gas a “transition energy” after Germany strongly pushed for its inclusion. The EU taxonomy for sustainable activities is a system of classification that is established to determine which investments are environmentally sustainable".