Member Info for LSE03

Thanks Stokey

Holgate ruled Britain approved the project in line with its energy policy, which he said aimed to achieve "diversity of methods of generation and security of supply".

Together Against Sizewell C's case was an attempt "to rewrite the government's policy aims by pretending that the central policy objective is ... to produce clean energy, without any regard to diversity of energy sources and security of supply", Holgate ruled.

Https://www.reuters.com/business/energy/uk-approval-sizewell-c-nuclear-plant-lawful-court-rules-2023-06-22/

LONDON, June 22 (Reuters) - Britain's approval of the planned Sizewell C nuclear plant was lawful, London's High Court ruled on Thursday, dismissing a legal challenge over the environmental impact of the project.

Campaign group Together Against Sizewell C argued that Britain unlawfully failed to consider alternatives to nuclear power to meet its emissions targets when approving the plant, which is being built by French energy giant EDF (EDF.PA).

Https://twitter.com/CASE_NIreland/status/1671582066557820935?s=20

Https://hydrogen-central.com/uniper-bad-lauchstadt-energy-park-now-in-implementation-phase-consortium-partners-make-the-final-investment-decision-on-innovative-hydrogen-project/

NI could be similar with IM for storage.

Https://www.naval-technology.com/news/uk-shipyards-benefitting-from-type-26-steelwork-demand/

Https://www.youtube.com/live/eYKCcofe1lU?feature=share

See Question/Answer at 54:28

Https://www.newsletter.co.uk/business/ni-energy-summit-there-is-a-huge-economic-opportunity-to-be-grasped-as-northern-ireland-strives-to-reach-net-zero-4191453

Https://twitter.com/HarlandWolffplc/status/1669300625631223811?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Seems to have left in last 2 hours

Https://www.rechargenews.com/energy-transition/exclusive-shipbuilder-navantia-to-build-500mw-hydrogen-electrolyser-plant-with-world-renowned-technologist/2-1-1271647

Could we be looking at this kind of set up?

Https://www.gov.uk/government/news/transport-secretary-opens-first-maritime-council-to-support-jobs-and-reduce-emissions

The Maritime Council Chair is Maritime Minister Baroness Vere who JW met only the other day.

Https://www.icis.com/explore/resources/news/2023/06/21/10898179/consortium-seeks-to-set-up-southern-hydrogen-corridor/

Interesting that they are looking for 4 projects to ne designated as PCI's ( projects of common interest ) for EU funding support and that they are proposing to use gas pipeline network.

Good question Bubble - hopefully others can work out from 36 page document in Companies House.

Clause 19.2 says

" Directors are entitled to such remuneration as the directors determine:

a) for their services to the company as directors; and

b) for any other service which they undertake for the company."

and Clause 19.5 says

"Unless the directors decide otherwise directors are not accountable to the company for any remuneration which they receive as directors or other officers or employees of the company's subsidiaries or of any other body corporate in which the company is interested."

I'm trying to be clear / comfortable what the checks / balances are here with remuneration committee, governance controls to link a Directors remuneration to performance. It just seems quite generous but appreciate I may not be seeing the whole picture.

Are the published Articles of Association boiler plate clauses? Directors Remuneration ( Clause 19 ) is worth a look.

Great spot Chris, that seems potentially very significant.

Https://www.scilly.gov.uk/news/department-transport-lead-isles-scilly-sea-links-project

No indication of council giving up here in a 30th March update

HMS Quorn is an example

https://www.gov.uk/government/news/55-million-to-restore-mine-hunter-for-nato-ally

Https://www.naval-technology.com/news/uk-patrol-vessels-maintenance-german-shipyard/#catfish

On the plus side, great if H&W can support NATO ship maintenance / building activities going forward.