Member Info for Pask

Not sure about the redaily link, as it claims TC is still CEO. I'm not sure if it is a faux pas on my part, but can anyone else clarify that there's been a £17.6 million grant by the European Commission for the next stage of MeyGen. I would have thought there would be better sentiments as to the stock if this was correct.

https://www.cforsa.com/meygen-tidal-project-awarded-e20-3m-grant/
https://redaily.org/atlantis-green-lights-meygen-1b-redaily-org-renewable-energy-news/?utm_source=rss&utm_medium=rss&utm_campaign=atlantis-green-lights-meygen-1b-redaily-org-renewable-energy-news
How come this is the first I've heard of this?

How much do you think is realistically possible? 1/3, assuming our main competitiors are Nova and Orbital? How much do people reckon it needs to be.

Thanks for clarifying. The information on the website can be considred to be a bit out of date. Now, it could be that they are testing non-established devices in the waters in 2021 and then in 2022 they will deploy established ones, i.e., us. But that's just idle speculation on my part. It is important in my opinion for shareholders to start focusing on Raz as well as MeyGen since that could be due to start soon. Just a little news on this front to know what is happening in that area would be useful, as we are likely to get a CfD in Scotland such that this is less os a concern. The joint venture with Nova will also accerlerate the development of Meygen. But Raz I am more concerned about, as I see competitors getting more coverage than thus and they have the benifit of being french/belonging to the EU, where we do not.

Just found this on Raz Blanchard tidal farm.

https://www.offshore-energy.biz/french-company-finds-compatriot-partner-to-deliver-raz-blanchard-tidal-farm/
https://interregtiger.com/hydroquest-tidal-turbine-end-of-tests-on-the-edf-site-in-paimpol-brehat-and-new-stages-of-development-at-the-raz-blanchard/

There has been little information about Raz Blanchard. Do we know what is happening there?

Have to agree. Proof of the pudding is in the eating.

At the moment, they need us as much as we need them: hence, the joint venture.

Pump and dump probably, although I could be wrong. The amount being spent per trade isn't much. Try looking at the ADVFN board, they might know.

"These include the MeyGen project at Pentland firth; the Tidal Array in Shetland, which currently has 0.4 MW (megawatt) installed, and the O2 device in Orkney, that is 2 MW."

Will Orbital have a good claim to the tidal CfD?

I'm in both. Some of that money will go into MeyGen, as the 6 million grant from the scottish goverment will probably be fed into the MeyGen project in which Nova/Simec will share a slice of the pie with each other. Who gets the bigger slice, I don't know. But it seems both equally need each other at the moment.

Plans to install Nova’s tidal turbines at Atlantis Energy’s MeyGen site took a big step forward this week with the Prime Minister’s announcement of huge support for tidal stream energy.

Located in the Pentland Firth in the north of Scotland, MeyGen is the largest consented tidal stream site in the world with a potential capacity of 400MW. It has all the necessary consents to deploy 80MW of tidal power immediately and is already home to the world’s biggest tidal array.

Following the announcement of Nova and Atlantis’ collaboration, both companies will now work with stakeholders to maximise this opportunity for Scotland and the UK, while demonstrating tidal stream energy’s exciting global potential.

A recent report by the Royal Society highlighted the UK is capable of delivering over 11GW of tidal stream energy by 2050, 50% greater than current UK nuclear capacity. Find out more at:

www.novainnovation.com/news/news_/i/government-...

Going to have too. They may have worked out a deal with Nova to use potential money from CfDs to be used on MeyGen, in which a portion of the income is shared between the two companies.

https://simecatlantis.com/2021/11/09/scotlands-tidal-titans-team-up-to-turbo-charge-the-tidal-energy-industry/

I think the welsh goverment might not reject it. They'll keep it in permenant limbo until we go potentially bust. It is very difficult to know how things will play out here, as there has been some talk from the goverment about extending carbon technologies past 2050 (I assume they think CCAS, such as the one SIMEC is trying to use might permit this).

For myself, I think the welsh goverment should allow the project on the condition they treat the CCAS seriously. If people are advocating for CCAS, they need to put their money where their mouth is and start investing in it. If we get the algae system right (if possible and it is a big if), you could have a closed loop carbon system potentialy wherby you would not need to burn plastics.

Might not be, but looks like the image. Project would take 12 years, so they could use uskmouth as a temp. solution IF that is the data centre I remeber being talked about a while ago.

Is that the data centre that Uskmouth was suppoused to give power to? Intresting...

https://www.youtube.com/watch?v=PXG45vbjm0I

Here's the video. 71 million pounds IB is suggested need to be ringfenced. 31 million is avaliable to Tidal and other less developed projects, but floating offshore wind could eat into that and they have been ringfenced.

https://on.ft.com/3assdKE

If your taking carbon out of the carbon cycle by growing organic compounds to extract for oil, only then to brun them and release carbon into the atmosphere then the impact would be neutral.

https://www.ddscalorimeters.com/analyzing-fish-oil-as-an-alternative-fuel/

Makes you think if you could make fish oil or whale fat in a lab. They used to use whale fat to make oil prior to crude oil.