Member Info for SolarSteve

Anders - You’re right. The FiTs are all gone for solar now. You say ‘only a handful of early adopters benefitted’, but I’m afraid that simply isn’t true. There are hundreds of thousands of solar installs across the U.K.

In fact, the early residential adopters on the highest FiTs will see their money back in year 11-12. However, beciase the price of a solar install came down proportionally more than the FiTs did, a homeowner on a lower FiT also paid less for their system. This means they will see their money back in year 6/7.

Now the FiTs have gone, the economics of solar have changed again. Now, it is possible for solar to be profitable without a FiT at all. NESF & BSIF are both investing in new subsidy-free solar farms that are being built.

The same will happen with chargers. The costs of these products continually come down.

Service stations already have large car parks. Build solar carports over them all and you can install swathes of EV charging points and batteries. It’s an absolute doddle to do.

I wonder if B1ll is recovering with a sore head after his drinking last night and seeing he judged me as Lammy. My credentials are real my friends. I don’t hide. I run an international award winning solar O&M company. Feel free to look me up.

Everyone’s profile was new at some point and I have a 1/7 chance of my profile being set up on a Sunday. Not out of this world odds are they?!

My apologies. The 50% figure of generation should not have said ‘solar’, it should have said ‘renewables’. Solar made up 9%
https://www.solarpowerportal.co.uk/news/solar_helps_push_carbon_emissions_to_record_low

We have another 5GW of solar pipeline confirmed now that subsidy-free solar farms are financially viable. So this figure will increase significantly during 2020/21.

Yeah ok B1ll. I will be in my way. Oh, before I go, maybe I can just leave my credentials here: http://cleansolar.solutions/steve-williams-scoops-solar-innovator-of-the-year-award

Don’t be so quick to judge...

Incorrect in a few levels I’m afraid. In the summer of 2018, over 50% of the UK’s daily power came from solar. We had a superabundance of electricity! Sections of solar farms had to be turned off because the Grid couldn’t cope with the amount of power being generated.

So we don’t have to sort infrastructure due to consumption, we just need to regulate how and when we RELEASE the electricity. Generation to suit demand is not issue the grid faces. BATTERY STORAGE is the resolution that both the solar and wind industries are investing heavily in. Huge batteries are being retrofitted on solar farms all over the U.K. to fill the need.

Talk of not having enough power stations and upgrading substations is absolute nonsense. It simply isn’t needed. Fast charging on homes isn’t needed for reasons mentioned on my ‘Electric Vehicle and Solar Panels’ thread. No one will ever need to fast charge at home or have need to be stuck in the snow with their kids in the back and 20% battery if they manage their EV anywhere near efficiently.

Five more Hinckley plants are not needed, nor will they need to ever be built.

I attend and speak at many renewable energy events globally, so am fully informed about the issues facing the grid and the so-called ‘energy-crisis’. It is driven by people with a small deal of knowledge, which sound plausible on first reading, but they don’t have a deeper insight into the intricacies of the energy industry.

I put my money where my mouth is and have invested in mining companies that will give us the metals we need for batteries, such as lithium, nickel, cobalt and palladium. That’s a good place to begin. We will drag these substances out of the ground at some point for batteries, without doubt.

Beyond that, I will invest in companies who will build and utilise these batteries. Greencoat are a good example of this, along with Bluefield and Next Energy.

Electric cars can and already do work for many. There still seems to be concerns regarding mileage per charge, charger availability etc. Hopefully, I can allay some of these concerns a little here.

1. When looking at mileage/charge metrics, people often pull out the worst performers. However, the Hyundai Kona will do 250 real-life miles on a charge. That’s a pretty long way. Most people will only travel that far on their way to holiday destination. Drive a thirsty ICE vehicle and you’ll be stopping for fuel not too much further down the road from the EV.
2. People get hung up on charging times. Most batteries can have an extra 100 miles put into the battery in 35 mins these days. Time your next ‘standard’ stop at a service station to use the loo, grab a drink and re-fuel and combined, you’ll be about 30 mins. An extra 5 mins to have the ‘inconvenience’ of topping up your battery is neither here nor there.
3. The average journey to work is less than 20 miles. So to work and back, including the school or supermarket run is 60 miles, max. Then you are home to charge your battery again. So for an average daily user of a car, an EV will suit you fine. If you’re a sales rep razzing up and down the M6 all day, EV’s are not for you....yet.
4. The technology advances with each passing month. Batteries go further, charge quicker and become more efficient all the time. Progress is happening quickly. It took mankind centuries do develop a single car. In the less than 150 years since Karl Benz patented the first car, we are revolutionising how we will power them incredibly quickly.

Where do solar panels come in? Say the average EV battery has a range of 200 miles and the average commute is 20 miles. You leave work in the morning with a 100% charge in your battery, drive to work and have used 10%. If your place of work has solar panels in the roof, it is in their interest to get a charging point installed on site. There are grants galore for EV chargers. You can charge your car back up to 100% at your employers expense and drive to the supermarket. The big supermarket chains have growing solar capacity. Aldi and Sainsbury’s have huge solar portfolios already and Tesco have just launched a solar roll-out. You can top up your battery when you shop there, again, not costing you a penny.

You use 10% driving home and have done 60 miles on just 10% of charging the battery at your cost. You can then plug in your car and DISCHARGE your car battery DOWN, using your bosses and Aldi’s electricity to the 25% you need to get you to work in the morning. You actually only need 20%, but give yourself a 5% buffer.

Your solar panels on your house should have a battery these days and when this discharges, your home AUTOMATICALLY takes charge from your car battery to your solar battery and you power your home for FREE. Your car battery stops discharging at the % that you program it.

This is how to use an EV correctly and the tech to do this is there.

I managed to get in and out of TLW too. That funded NMC. A nice couple of weeks for me, but I needed it. Had red virtually everyday apart from these two for nearly a month!!!

I just jumped out with 28% profit. Don’t have the nerve to be in with Christmas. I think a lot of people will sell before the market shuts today.

MW did this with BUR and I jumped in with both feet there. Still to recover, but I believe it will.

Why have I done it again with NMC? I believe this will recover too. BUR is AIM and this is FTSE. To my mind, that’s a huge difference and with their considerable backing, surely NMC can get the FCA to give MW a proper going over.

They have got away with it with BUR until now, but surely they can’t pull the same stunt with NMC.

I am invested in BCN already, it am researching further back in time. What came of the Hermosillo mine? Thanks.

Reacted like a classic AIM rather than a 250. I thought they’d got the ticker confused with SXX! :-)

Was he in place when the Superdry price was rising too? If he’s awful, why do you think Saga have brought him in? What does he bring to the table?

Euan Sutherland is inbound. Seems to have strong credentials. Thoughts?

The involvement of TLW in this RNS is good news, no? Surely there will be some kind of confidence left in this company?

Thanks for the civilised reply @pokerchips. Gives me an average of 47p, which means I'd need a 20% uplift to make a profit. Seems like that will happen in my opinion. Will not rush in tomorrow, just in case it drops further....

So welcome to my first post. I guess a 70% drop in a day is as good a day as any to post!

Firstly, my thoughts go to MrD.

Secondly, I only put £214.27 @160p in this, most of which I obviously gone. I’m thinking of putting £800 in tomorrow. If I buy at 40p, what does that do to my average? Finally, what percentage increase will I need to see in order to recoup my losses at those rates?

Many thanks for your help.