Member Info for kontiki2

According to https://shorttracker.co.uk/company/GB00B0130H42/ Qube just sold another slice, which may have accounted for the fall yesterday - although that mirrored the US more likely. It is possible for shorters to 'trade their liabilities' (to repurchase shares) or must they physically buy them? Anyway, up again today! I certainly agree with IKFA's long post.

The UK gov 'investment' of £22B in CCS is over a period of 25 years, it is part of the transition.

The £2B is specifically for an initial 11 green hydrogen projects in the UK.

Current CCS projects are about offsetting the O&G industry's own emissions, not those of its customers! The global CCS effort (e.g. 50Mt in 2020) is peanuts in comparison with CO2 emissions of 38Bt/year. The IPCC has identified the need to remove CO2 from the atmosphere too, so there is a challenge for CCS to ramp up anyway. Part of this relates to power storage, as only hydrogen scales adequately for the amount of energy storage required. Underground natural gas storage is being repurposed, sub-surface engineering skills retained. Massive green H2 generation will lead to the lower prices we have become used to from O&G.

Https://www.thisismoney.co.uk/money/markets/article-14171263/Centricas-Rough-gas-store-North-Sea-dismantled.html

read to the end. Blue and Green.

Its a transition.

Looks like that planning consent for a wind turbine and Neptune V on a brownfield forecourt site is a go... ;)

Some pretty big new buys though https://www.morningstar.com/stocks/xlon/itm/ownership

Https://shorttracker.co.uk/company/GB00B0130H42/

Https://www.bbc.co.uk/news/articles/c98dzyy850jo

Demand alternatives

Qube reduced last Friday: https://shorttracker.co.uk/company/GB00B0130H42/

Don't sell'em Pike!

FF growth uptick is much more to do with post-covid and the war(S) than any politics me thinks.

This is more constructive:

https://www.hydrogeninsight.com/policy/us-hydrogen-tax-credits-would-survive-a-trump-administration-say-well-connected-lobby-groups/2-1-1615241

And in other news high pressure over europe is set to continue...

Plug it

All quiet on the wind front. https://gridwatch.co.uk/ shows how much natural gas reserves are needed to sustain UK electricity generation during quiet periods. What are the UK long term energy storage plans? Rome wasn't built in a day. Get on with it.

Hotting up: https://www.morningstar.com/stocks/xlon/itm/ownership

Https://www.theguardian.com/environment/2024/sep/25/climate-scientists-call-on-labour-to-pause-1bn-investment-plans-carbon-capture-blue-hydrogen

I hope the hydrogen doesn't get thrown out with the bath water.

All we need is a colour blind government.

More detailed: https://www.forbes.com/sites/mariannelehnis/2024/09/27/spain-builds-worlds-first-high-speed-hydrail-train/

WIRELESS thats what I like to hear.

Https://euroweeklynews.com/2024/09/29/spain-unleashes-worlds-first-high-speed-hydrogen-train/

"A hydrogen filling station is far cheaper than laying down overhead cables for traditional electric trains" ... and maintaining the cables: total cost of ownership..

Or when UK gov.. GB Energy ACT on this:-

Long-duration energy storage: "get on with it"

"GET ON WITH IT" = being a Pythonesque expression meaning "action this day" Mr Churchill.

https://publications.parliament.uk/pa/ld5804/ldselect/ldsctech/68/68.pdf

https://royalsociety.org/news/2024/03/hol-energy-storage-response/

To paraphrase Corinthians 13:13 : energy storage.