Member Info for mcadder

Quick recap of the potential and importance of Infa .................................................................................. Important security of supply benefits The proposed gas storage facility will make a significant contribution to the security of gas supplies for the whole island of Ireland. Ireland is dependent on gas for around 60% of electricity generation with the majority of the island’s gas imported via a single pipeline from Scotland. The facility will provide critical Security of Supply and flexibility to the Irish network to support the demand to back up increasingly variable wind power output. When complete, it will store enough gas to satisfy the island of Ireland’s peak demand for up to 15 days. Additionally, salt cavern gas storage provides much-needed flexibility when compared to other storage methods. The facility will be able to switch from injection to withdrawal quickly to cater for short-term spikes in demand such as a cold spell or a period of low wind generation which increases the load on gas fired generation. Northern Ireland, through its connection to Scotland, relies on North Sea gas to meet its average demand and provide the flexibility to meet peaks in demand. North Sea gas supplies are depleting and GB is moving towards south of England for its gas supplies via imported LNG. Salt cavern gas storage will protect Ireland against the effects of a weakening GB connection point. Strong transmission infrastructure is already in place to link the facility to all demand locations. Gas from the facility will be able to feed the Ireland onshore network via the South-North pipeline and via the Scotland to Northern Ireland pipeline and through the existing subsea interconnectors. Facilitating renewables Northern Ireland has a target to generate 40% of electricity from renewables by 2020 – this will primarily be achieved through wind-powered generation. A shift to renewable energy sources is likely to result in an increasing reliance on gas-fired power stations to support the fluctuations in supply from the intermittent nature of wind. Rapid cycle gas storage facilities, such as this planned project, will be important to respond to the rapidly fluctuating gas supply demands for electricity generation. Ideal location, unique on the island The Larne area is the only location on the island or Ireland with suitable geology for salt cavern gas storage. Gas will be stored in eight storage caverns, each approximately 80m in diameter and 150m in height, which will be created within a layer of salt with an average thickness of more than 200m located approximately 1,300m beneath Larne Lough. The salt layer has high purity and low overall insoluble content and is suitable for cavern construction over its entire thickness.

Righttrades - agreed and still very very cheap here considering what is unfolding here....still an opportunity to get in here below 0.5p before this really takes off. I did say the other week that there was a small window of opportunity to get in here in the 0.3s before it moved north...anyone waiting on the sidelines for this to drop will likely be disappointed. A lot of the shares here with the PI's and recent SI capital investor's are in sticky hands. Let's also not forget that last mon the extra shares were admitted and still no TR1 from Legal & General. It would appear they have substantially added here which would give supreme confidence that an institutional investor has increased their holding! Someone stated a couple of weeks ago on here that L&G had increased from 31.9M to 39.7M then only a week ago another 7M trade at 0.38p. Could this be L&G meaning they now are on 46M? Perhaps! Then there is also myself having added and now sitting on 31.6M such is my belief in this project! Just to recap as mentioned by myself and a couple of other posters on here SP target by July/August 1.5p Q1 2019 3p.....hope everyone had a great weekend looking forward to progress updates here over the next few weeks.

https://utilityweek.co.uk/gas-lead-power-mix-coal-phased .................................................................... 04/05/2018 at 2:38pm Suzanne Heneghan The role of gas in the UK’s future power mix is set to rise to more than 50 per cent in under 10 years, according to BMI Research of ratings agency Fitch Group. In its industry trend analysis this week on the outlook for the sector, BMI said gas-fired generation would account for 52 per cent of power by 2027, up from last year’s figure of 45 per cent. The prediction is based on delays to new nuclear capacity, the closure of ageing coal plants and a rebound in gas power plant economics. It also found that renewable energy’s share in the mix will gradually increase, as the UK maintains its position as global leader in offshore wind deployment. Other forecasts include that the contribution of coal will erode entirely over the next 10-year period, in line with the government’s pledge to shut all coal facilities by 2025 – a view backed by its implementation plan for phase-out published in January – and April’s announcement that the UK had set a new record by not using coal for 55 hours. Despite the government’s efforts to expand the nuclear sector, most notably through the development of Hinkley Point C, the proportion of nuclear power is also expected to fall within the next decade to just under 10 per cent in 2027, from around 20 per cent currently. This view, said BMI Research, was supported by news in April that quality control failings had been found at EDF’s Flamanville nuclear plant, which could delay Hinkley Point C’s construction as it uses the same nuclear reactor prototype. Added to this, improved political stability – helped by a lower risk of a fresh leadership challenge, snap election or second referendum in the short term – reduces uncertainty for the energy sector and the chances of a sharp fall in spending. ............................................................................................................ Good news on the gas front for Infa then looking forward to next week! Have a great bank holiday weekend all :))

A few more buys should see this start to tick up. Sellers appeared to have dried up and any dips over the last few days promptly taken advantage of. Looking very promising here :-)

https://www.platts.com/latest-news/natural-gas/london/norways-pipeline-natural-gas-exports-to-europe-27974013 ............................................... Norway's pipeline natural gas exports to Europe dip below 9 Bcm on outages London (Platts)--3 May 2018 918 am EDT/1318 GMT Exports of gas from Norway by pipeline to the UK and continental Europe fell below 9 Bcm in April, the first time since September last year, as a series of unplanned outages impacted flows to market, according to an analysis Thursday of data from S&P Global Platts Analytics. UK imports of gas from Norway drop to seven-month low Deliveries to Netherlands, Germany bounce back in April NCS summer maintenance seen as essentially flat on year UK imports of Norwegian gas dropped to 2.57 Bcm last month, the lowest in seven months, as the outages included long-lasting work on the Vesterled pipeline that feeds Norwegian gas into the St Fergus terminal in Scotland. Recoveries in supplies to Germany and the Netherlands failed to offset the overall decline. Analysts expect NCS flows to be robust this summer given the need to replenish European storage stocks, which fell to their lowest point in a decade at the end of March after back-to-back cold weather systems.

Decent 3M buy :)

Next news on subsurface contractor's or further director appointments are imminent imo. Any dips have been bought up straight away so any nervous seller's or top slicer's have given those a further opportunity to buy here. Still very very cheap considering the potential progress that stands to be made on the project now we have a green light for the FEED. Confirmation that EU grant money is now available in the bank would also be a big plus. 1.5p target here by Jul/Aug not out of the question at all.....interesting times ahead for Infa now.

Utilitywise Insights @UTWinsights · 47m Cracks found at #Hunterston B #nuclear plant cutting its #electricity generation output by 40% for the rest of the year ................................................ http://www.bbc.co.uk/news/uk-scotland-glasgow-west-43984040

I also know someone sitting on 31.6M lol

:))))))

https://t.co/FwFkz0WxOb?amp=1 ................................................................................................................................................ Infrastructure, Top Stories Public concern about UK’s energy security increases since last year Around 72% of Brits are worried the UK becoming too dependent on energy from other countries ................................................................................. The level of concern about the UK’s energy security has increased since last year. That’s according to the latest BEIS Public Attitude Tracker (PAT), which is now on its 25th wave of finding out what the public think about a variety of energy issues. The survey of 2,102 households across the UK revealed 72% of Brits are worried the UK becoming too dependent on energy from other countries.

Experts warn that Britain could be vulnerable to energy market volatility and may struggle to keep the lights on when the market comes under stress. (link: https://goo.gl/wjnYxf) goo.gl/wjnYxf #Energy #coal #energynews #ukenergy Embedded 2:53 pm · 2 May 2018 .............................................. https://t.co/VqIpsoOv3S?amp=1

Inspired Energy PLC @InspiredEnergy · 10h Today's Daily Market Snapshot: Langeled flows have fallen as much as 17mcm/d versus yesterday, as gas is rerouted to the continent. This dip in supply has seen the system forecast to close 6mcm short: (link: https://bit.ly/2JKU89e) bit.ly/2JKU89e #UKEnergy #Gas #Electricity #Oil #MarketKnowledge

NATIONAL GRID PREVAILING VIEW Instantaneous Flows (mcm/day) System Entry Name 20:00 20:02 20:04 20:06 20:08 20:10 ●ALDBROUGH 6.04 MCM ●HILLTOP 5.19 MCM ●HOLFORD 17.94 MCM ●HORNSEA 1.84 MCM ●STUBLACH 6.90 MCM .................................................................. .............With the ongoing gas outages we are as of tonight still relying heavily on gas storage looking at the above figures. All gas storage sites are providing gas tonight to help supply demand apart from Hole house farm which is a very small facility. Just goes to show how Infa will be crucial to bolstering secure supplies of gas even in May when gas storage should be injecting gas ready for the next winter but instead are actually withdrawing what little gas is left!

http://interfaxenergy.com/gasdaily/article/30706/brussels-proposes-87-bln-to-fund-energy-projects .................................................................................. EUROPE Brussels proposes €8.7 bln to fund energy projects By Staff reporter 2 May 2018 The European Commission has proposed earmarking €8.65 billion ($10.38 billion) for energy projects under the Connecting Europe Facility between 2021 and 2027, it announced on Wednesday. The proposal for the new CEF energy fund falls under the Multiannual Financial Framework (MFF) for 2021-2027, which amounts to €1.28 trillion and was announced on Wednesday. The figure takes inflation into account. The money earmarked for energy under the previous CEF – which covered 2014-2020 – amounted to €5.35 billion.

Yep couldn't agree more....things are about to get very interesting here. Next leg up here we come

https://www.bloomberg.com/news/articles/2018-05-02/chilly-britain-absorbing-more-gas-that-would-have-gone-to-europe .................................................................................................................................... Britain's Keeping More Natural Gas Because It's So Cold By Anna Shiryaevskaya 2 May 2018, 05:00 GMT+1 U.K. gas trading at premium to Dutch gas, discouraging exports Continental Europe relying more on gas from Norway, Russia Britain is so cold it’s keeping more of the natural gas it produces and imports for itself. Over the past month, U.K. gas exports have repeatedly plumbed the lowest levels in at least a decade for this time of the year. Usually, with winter past and heating demand subsiding, Britain would have ample supplies to ship to the continent. Instead, cooler weather and outages at fields in the North Sea are supporting prices in Britain relative to rates on the continent. That’s made shipping the fuel abroad unattractive for now. ........................... https://drive.google.com/file/d/1EsFvuEU-x_iZhIA2ZMDzTimZcyoYXFHT/view?usp=drivesdk ............................................................................... The trend is visible by looking at pipeline flows from the Interconnector link with Belgium, charted in the graph above. With less fuel coming from Britain and storage sites depleted from the winter, continental Europe is increasingly reliant on flows from Russia and Norway. The region is also drawing in more tankers full of liquefied natural gas. A cold snap across the U.K. prompted homeowners to switch heating systems back on in the past week. That boosted consumption at a time when traders are usually starting to refill storage sites -- one of the main outlets for supply during the summer months. Gas prices are firm even though Britain’s biggest energy supplier, Centrica Plc, is closing its Rough gas storage site. “The U.K. market has been quite tight, largely due to a cold end to winter that still seems to be hanging on a bit,” said Trevor Sikorski, head of gas, coal and carbon research at Energy Aspects Ltd. “As we get fully out of the heating season, we would expect the NBP to more consistently trade at a discount to the TTF. This should lead to an increase in those flows to the continent.” What may also bear down on exports is the planned maintenance at the Interconnector pipeline in June and outages in the U.K. continental shelf and in Norway -- the main sources of supply for the nation. These outages “suggest a bit less gas around, so the U.K. needs to price to get its share of what Norwegian gas is coming to market,” Sikorski said. “When demand fades, spreads should encourage greater exports.”

Your posting history speaks for itself I'm sure you'll still be here spouting the same incoherent ramblings once this hits 1p!

Drax Drax @Draxnews "If Europe has a cold snap, [Great Britain] is at the end of the line, leaving consumers vulnerable to security of supply and higher prices." -- CEO Drax Power @AndyKoss on the #BeastFromTheEast & the Britain-France interconnector - 7:11am 25th Apr 2018 .......................................................................... ‘Beast from the East’ exposes reliance on French interconnector - Drax drax.com ................. https://t.co/ghTyUzx4UG?amp=1

Spud - I think the only trade that has been mentioned today was the 2.5M one.... happy to see Infa's turnaround story play out here however long it takes. Bit of consolidation today hopefully before the next leg up...