Member Info for LSE03

The share price does look unusually low considering the UK govt is reviewing energy security and energy market reform.

https://www.energymonitor.ai/policy/opinion-while-eu-and-us-act-uk-is-unprepared-for-winter-energy-crisis

Opinion piece

https://www.heraldscotland.com/news/21648618.bab****-rosyth-wins-polish-navy-frigate-contracts/

https://www.forbes.com/sites/craighooper/2022/09/14/austal-in-play-australian-billionaire-andrew-forrest-eying-big-naval-shipyard/
Interesting industry article

https://m.belfasttelegraph.co.uk/business/what-comes-next-a-roadmap-for-the-future-of-energy-in-northern-ireland-41983397.html

Mentions underground salt caverns for Hydrogen

https://ukdefencejournal.org.uk/massive-barge-arrives-in-glasgow-to-move-new-frigate/

The consultation will be open for 12 weeks closing on 22 November 2022. The department
will analyse all responses to identify if we have overlooked any aspects that may inhibit the
application of policy and address any relevant points made by stakeholders to ensure we can
fully achieve our policy aims. We aim to publish our response to this consultation alongside a
summary of the responses received in Q2 2023.

https://www.gov.uk/government/consultations/proposals-for-hydrogen-transport-and-storage-business-models

?? was a thumbs up

Good luck Chris ??

https://renewablesnow.com/news/dp-energy-to-survey-seabed-for-1-gw-irish-floating-wind-project-796980/

Britain will be forced to buy back gas exported to Europe to keep the lights on this winter after supplying about 15pc of supplies stored on the Continent.

The UK's lack of storage means that gas which was shipped to terminals this side of the Channel and then piped abroad will have to be pumped back into the country as temperatures fall.

https://www.newsletter.co.uk/news/politics/uup-raises-conflict-of-interest-concerns-over-southern-owners-of-northern-irelands-electricity-supply-system-3828250

https://www.theguardian.com/business/nils-pratley-on-finance/2022/aug/31/the-rough-gas-storage-tale-is-typical-of-tory-ministers-complacency

https://committees.parliament.uk/committee/136/scottish-affairs-committee/news/172881/bae-systems-bab****-and-minister-ivan-mckee-msp-to-give-evidence-on-military-shipbuilding-in-scotland/

https://www.superyachtnews.com/fleet/gresham-yacht-design-propose-national-flagship-concept

https://www.telegraph.co.uk/politics/2022/08/30/liz-truss-set-give-north-sea-drilling-green-light-becomes-prime/

Interesting that Liz Truss Harland and Wolff backdrop image is used for this story

"In 2017, Centrica closed the Rough storage facility, an undersea cavern off the coast of Yorkshire. Rough needed serious refurbishment and the Government wasn’t willing to assist – a decision now widely viewed as short-sighted.

But while the UK uses around 7.5 bn cubic feet of gas per day, Rough stores 100 bn cubic feet – which is less than 2 weeks’ supply. Serious thought needs to be given to UK gas storage, which goes way beyond recent steps to get Rough reopened."

https://www.telegraph.co.uk/business/2022/08/28/why-isnt-government-reacting-energy-crisis/

I agree. Now would be a very timely time to register with the public the potential solution Islandmagee offers.