Member Info for spudtheplumber

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/671959/FINAL_updated_unabated_coal_Impact_Assessment_Jan_2018.pdf "Legislated coal closure make revenues for new build CCGTs more certain and improve their investment case" Looks like UK government expect gas to take up the slack

https://amp.theguardian.com/business/2018/jan/05/uk-coal-fired-power-plants-close-2025?CMP=share_btn_tw&__twitter_impression=true

The subtle change to the standard paragraphs describing the project at the end of the last 2 rns? " The proposed 500 million cubic metres Natural Gas Cavern Storage facility will provide over 25% of the UK's� Natural Gas Storage, and is situated adjacent to the Scotland Northern Ireland (gas) Pipeline (SNIP)� and the Moyle 500 Megawatt Electricity Interconnecto" Is the use of "will provide" a Freudian slip....... ;))))

Crl I apologise as I read you're post incorrectly! Didn't see your typo correction, thought you were implying it "must" be very bad. Been driving all day and only reading through on my mobile intermittently

That's last year's Chris

Have you read the last few rns ? Pci renewed EU grant renewal Talking with contractors and funding partners with view to starting asap Q1 The Nomad would not of allowed that in an rns unless there was a very good chance of this coming off GLA DYOR

Plenty of proper research is shared on twitter!

I thought you'd be changing the oil in the Volvo Alan ;))

https://t.co/LJlEWiuFL4?amp=1 "Bulgaria will strive to develop the potential for regional cooperation through putting in place the missing infrastructure in order to ensure the security of energy supplies. "

https://ec.europa.eu/energy/en/data-analysis/market-analysis "In the UK, seasonal spreads have been clearly on the rise in 2017, reaching levels not seen since 2015. This is probably related to the woes of the Rough storage facility which mean low injection demand and oversupply in summer and a tighter market in winter, thereby increasing the seasonal spread. In contrast to the mainland Europe, where there is ample storage capacity, the UK market sends a price signal to storage operators incentivising seasonal storage."

Totally clueless! New year's resolution to stop being a ***** Alex? (Just a suggestion) lol

Renewal of grant has taken a lot of work and EU wouldn't have done so unless infa could prove a clear, valid path! Proves the strategic importance of this project Merry xmas genuine holders

* UK = HQ

Another totally clueless post Naz! The UK is simply the registered office of the Secretary, no cost involved. It actually saves money as the meetings are held in the boardroom for nothing. FACT

http://watt-logic.com/2017/12/19/gb-gas-infrastructure/ "North Sea gas production has subsequently fallen 35%, with medium-range storage meeting the shortfall – on Tuesday storage send-out reached a record high of 75mcm – around 5% of the UK’s total gas reserves" 5% of reserves in a day! The call for more storage is getting louder

https://t.co/XhkvlPczYf?amp=1 "On the evidence of recent winters, it could be argued that LNG and medium range storage combined represent the GB gas market’s version of “The Magic Porridge Pot”5 . The facilities are capable of being constantly replenished to ensure maximum supplies throughout the period of highest demand. This, of course, assumes there are lulls in demand allowing MRS to replenish and that sufficient LNG cargoes (which may take some time to reach the UK) are available."

http://www.telegraph.co.uk/business/2017/12/13/global-leader-crisis-did-uk-lose-grip-gas/amp/?WT.mc_id=tmg_share_tw&__twitter_impression=true "The bulk of the UK’s rising imports come from Norway, itself an ageing gas provider which has been dogged by technical faults in recent weeks. Pipeline gas from the Netherlands and Belgium bring continental imports, a third of which flow from Russia, leaving UK energy bills exposed to supply shocks from disruptions across Europe. The UK also imports gas which has been cooled to a liquid and carried on tankers. These mainly come from Qatar but in the coming weeks the first tanker of liquified natural gas (LNG) is expected to arrive from a sanctioned Russian export project. In the past this gas would be stored in subsea gas storage caverns to draw from when market prices are high, but the largest of these, Rough, was shut down over the summer after decades of use and no prospect for fresh investment. Energy giants and policymakers, including former energy minister Charles Hendry, have all warned Government to help support new investment in gas storage. But ministers have shied away from the plans which could prove to be loss-making in a mild winter. “While the UK does have diverse sources of gas supply, including LNG, it could require GB consumers to pay a high price to secure them," said a spokesman for SSE. "Gas storage facilities play an important insurance role by smoothing out volatility in gas prices and providing rapid response to fluctuations in demand and supply."

https://www.bloomberg.com/amp/news/articles/2017-12-13/u-k-consumers-probably-spared-energy-hikes-even-as-prices-jump?__twitter_impression=true "A bigger concern for the U.K. economy as a whole is whether the exit from the European Union will make it even more vulnerable to price hikes in the future. As a net importer, Britain relies on pipeline connections with Norway and mainland Europe to meet 56 percent of gas supply. About 4 gigawatts of power cables provide as much as 8 percent of electricity, according to National Grid Plc data. Brexit negotiations will make interconnections with the EU more problematic, according to Thierry Bros, a senior analyst at the Oxford Institute of Energy Studies. Higher gas prices also will make the U.K. more able to attract liquefied natural gas cargoes away from other energy-hungry nations, he said. The nation has previously mainly lost out in the global market for cargoes, with sellers instead shipping tankers to higher-priced markets in Northeast Asia. “LNG will look as the best option post-Brexit as it provides optionality,” he said."

http://nationalpost.com/news/world/breaking-state-of-emergency-after-explosion-at-austrian-gas-hub-cuts-flow-to-other-nations#click=https://t.co/Z2Vs7od5VW "Britain lacks the gas storage sites and web of interconnections that make most continental European markets better able to cope with disruption. Reduced pipeline gas flows may increase competition with Asia for liquefied natural gas cargoes this winter, according to WoodMac."

https://amp.theguardian.com/business/2017/dec/11/north-sea-forties-pipeline-closure-oil-scotland?__twitter_impression=true