Member Info for Frac

The chancellor will also announce a new “Office of Value for Money” aimed at identifying and recommending savings, including in the current financial year, so “poor value spending is cut off before it begins”.

Drax seem to know , wonder when the kings clothes specialist ( Starmer) will wake up to it : https://www.independent.co.uk/news/world/americas/ap-mississippi-joe-biden-black-donald-trump-b2586489.html

Seems there are many that will not let them forget their pledges !! Even the SNP 9 managed to draw plenty of wire from the 2 child cap debate and Cortinio continues to brief heavily against GB Energy's £300 bill saving properties

Seems Europe could be heading for an energy squeeze !! Let’s hope Norway keeps the taps open and we don’t have any interconnector troubles cos ED could be in the do do pronto : https://oilprice.com/Latest-Energy-News/World-News/Europes-Power-Prices-Could-Rise-as-France-Curbs-Electricity-Exports.html

tigar with gas as the main heating in uk homes by swapping subsidies to support mr octo***** will only increase bills in the medium term ie the starmer parliament .. so despite wallace n gromit trying to evade the £300 bill reduction blair’s cortinio yesterday was keen to be clear that gb energy will fail to reduce consumers bills by the £300 claimed

Uk major Co2 producer posts profits on the up , now £500m+ but at what cost?? It means the plant is among the UK’s largest sources of CO2 - but Drax argues that because this is generated by burning trees it is effectively “carbon neutral”. It plans to install carbon capture units to prevent that CO2 reaching the air.

However such technology comes at a price for taxpayers - last year government subsidies to Drax amounted to £587m - on top of £617 in 2022.

M many of those pfi builders are long gone & without greater subsidy many will just not bother

Let’s hope this is a lesson Juergen is prepared for : https://oilprice.com/Latest-Energy-News/World-News/US-Boosts-Natural-Gas-Power-as-Wind-Output-Slumps-to-33-Month-Low.html

R & interestingly team Starmer are happy to support with subsidies as it’s a union centric industry yet the 200k O&G jobs are there to lose!! Unions are gaining strength as their sails fill with the incoming winds !! Let’s hope team Starmer can tack when the time is right otherwise they’re in for a doockin

M the failing of labour now appears to be the SNPs latest strategy !! Trojan horse xenophobia!! Shepherd who lost his seat claims the failing of labour will drive Scots to independence !!no doubt lemmings and Christmas turkeys are TS’s favourite animals . Talking of which red Ed seems to have lemming characteristics hurtling headlong to Shakespeare cliffs!! Ps there’s news afoot .. not sure if it’s Enq or another but looks like posturing is over in Aberdeen and time for business

T if they have invested that £5BN in heat pumps we’d have a few left over after the housing stock had been up graded @ £15000 a pop … sometimes we just get it all wrong

Hi T it’s all part of the smoke n mirrors that the middle elite ( politicians) seem to accept without question ( ie Drax is claiming to be using Renewable sources ) not many have dared to follow the carbon journey of a Drax Megawatt as their lobby is akin to an snp cult that it should not be questioned !!! If it’s £5bn we’re spending i personally think the public would rather it be spent on the NHS than 1000!jobs and a load of CO2 … of course that’s just my opinion but sure many would agree

It’s the muppet jurnos who interview the likes of Milliband and his cohort that need to be informed ! Sadly that’s where the public power now lies .. information to catch them out and not just roll over

First to the post comes this offering … having listened to co leader of the greens obfuscating this afternoon at least this lot are up front : https://www.4coffshore.com/news/scottish-renewables-urges-uk-government-to-boost-renewable-energy-investment-nid30017.html

Dumbly fear not as RR needs cash flow from these sentient private investors!!! Nom doms and the like are taking the small boats left on our shores so likely we’ll see tax quipro quos on renewable projects …As on a previous post I recon there will be many a green / brown field full of batteries before we know it

Bold perhaps but somehow they need to find cash flow to enable transition and renewable growth at a pace !! Who are the donors of their stated private investment??? Well perhaps the o&g sector could be encouraged within their taxation … I can see there will be numerous battery storage sites popping up as these will be benefiting from the planning deregulation .. windmills take time and with 75% electricity generation possible from commissioned and planned its storage , and transmission that’s needed for the true benefits to be seen !! Veri has a big role for enquest imho

This is the Labour inherited position : https://researchbriefings.files.parliament.uk/documents/SN04370/SN04370.pdf

Dear Ed was never the most popular of people .. Awkward and seemingly aloof .. now if in power he states that Labour will make a statement to disable local communities from objecting on Turbines & hydro … I’m presuming , battery and transmission etc etc !! Mmm think he’s going to find a heap of extra people that find him unpopular if that’s his plan .. looks like the uk is set to become a vast landscape of triffid turbines !! Beautiful

Https://www.shetnews.co.uk/2024/06/14/statkraft-exploring-potential-another-hydrogen/

Starmers net 0 nonsense could well become the Gordon Brown Gold reserves legacy !!! We’re seein stagnating EV demand and negligible talk yet alone action on energy transmission and storage thats highly likely to keep imports and costs high for the term of his administration !! El ninio is heading off for a

Rest so we’re in for a labour winter …. I’ve just ordered 10 cubic of logs as it’s midsummer next week !! Snows coming :-)