We would love to hear your thoughts about our site and services, please take our survey here.
In the telegraph today…
Tidal electricity generation is among the ideas listed by Boris Johnson as a way of avoiding reliance on Putin’s Russia. It is an even stronger candidate than he might have realised, holding out the promise not only of increasing our energy independence but also levelling up. A group of scientists and engineers has shown how we could generate electricity using tidal energy that does not require the building of a costly lagoon, like the cancelled scheme for Swansea Bay.
Schemes based on using tidal river basins would increase energy security, reduce reliance on authoritarian dictatorships, increase "levelling up", and (unlike other renewables) require no government subsidy. Moreover, unlike wind and solar, there is no intermittency problem and electricity is generated round the clock every day of the year.
A considerable amount of electricity could be generated on derelict, brownfield sites that lie adjacent to the major industrial rivers in the UK. They are former shipyards, chemical works, salt pans, wharves and ironworks that have been abandoned.
In essence the plan involves taking over a derelict riverside site, near the sea (to use the full tidal range) but far enough inland to avoid sea storms. A simple concrete and steel construction, like a dry dock, is all that’s required. Turbines work between the river and the excavated basin, which is subdivided into chambers with turbines in the dividing walls. When the tide comes in, through the turbines, it makes electricity and when it goes out, it also passes through turbines to make electricity. Some water is held back in the chambers to keep generating while the tide is turning.
Housing could be built on the roof of the basin and sold to help recover capital costs. The sites could also be used as a base for frozen food factories. The frozen food industry is a very heavy user of electricity but siting a large operating plant over a tidal basin would enable the turnover of cold tidal water to act as the cooling reservoir and take a considerable load off the grid.
An even heavier user of electricity is the data storage industry. The amount of power used to cool enormous memory banks is huge. Google, Microsoft, Amazon, and Facebook, as well as the NHS, are all concerned about the cost of keeping vast computer facilities cool. This burden could be taken off the grid by transferring it to the cold water circulating in the tidal basin. Green hydrogen could also be manufactured by electrolysis using on-site electricity when not required by the national grid.
About 40 potential sites have been identified. The most promising are on the Tyne (former dry docks), at the Forth (former salt pans), the Tees (former ICI works), the Orwell (another former ICI site), and Swansea (a former BP chemical works and a former steelworks). Each would be capable of generating around 400MW.
The opportunity for inward investment is huge and no government subsidy is required, unli
Which is about how long it feels this one has been going…..:-(
I say this as an idea ( borrowed from another) and not something I have the expertise to do personally ( expects boos and abuse :-) …
There must be , between the main group on here, a v large % ownership of PHE. Maybe as a unified group we could engage the company on a better level??
Proper answers and all that?
Make that HUR as well!!!
An immense amount .. just need to for it all to filter through into sales , profit and the increase in the SP .. fingers crossed.. 2 years and counting…
Great response but it’s over 2 years now since they had to wait for migratory birds. TBH PHE have done nothing but procrastinate over this project. Maybe it’s outta their hands but it is a joke the (lack of) progress that (hasn’t ) been made.
The Germans will be at the front of the queue .. with G Schroeder pushing them forward!!!!
It may go higher IF there’s a counter bid but… this is cash for your shares not just different shares in NEX.. cash is….better.
Only question is.. do you hold and hope or take the money.. too often I’ve held on and then regretted it!
GLA
Not wanting to get into any great political debate.. imo I don’t see the US being friends again, nor most of the Europe countries. Germany on the other hand.. just read about gerhardt Schroeder.. greedy weasel, his position on 4 boards of huge Russian energy companies and his signing off on Nord stream a few weeks before he resigned…and their bloody gas supply!
We have to hope they make a great job of this.. if not we / they will be treading water for a long time.. fingers crossed
I’d already topped up at a few prices lower than 20.. and todays rise has just about got my head above water.. considering the devastation with my PF over the last 3 months that is some comfort.
The only other thing that’s doing well ( some of which is bc of the tragedy in Ukraine- and I wish it wasn’t ) is THS.
A lot of ppl talk of LTHs.. I’ve done that on too many shares that have gone up a a lot.. I just wish I knew when to cash out. Nowt to do with inflation, wars …just when they are “over valued”!
Good luck all
Hi
Would someone mind telling me what the dividend is.. seen it was announced 3/3 and is to be paid next week!!but I can’t see the amount.
Cheers
Time to strap in and ride this out.
There are much bigger issue in the world ATM.. I hope that soon this improves for the sake of people and not money.
Retirement may be delayed but there’s much bigger things in play right now. Peace.
RNS…..
Is this because the electric price will go up as ppl are “encouraged “ away from gas? All the spare electricity will be used to charge up all the EV cars?
I realise the power situation is a very complicated situation but hikes cost will have ( maybe a short term) influence??
Really does make you wonder how anything in this country ever gets built. Not that I hold them up with any great praise but if this was China it would be built by the end of March…bureaucracy gone mad here.
What on earth is going on with this company and share? Goes from bad to worse.. bottom draw me thinks
This is a very tangled web.. with many of the same companies working together In all these projects.
A medium term prospects for the SP should be fantastic..2 year ..fingers crossed
What’s causing this??
Interesting article.. thank you.
At those prices surely almost any company with a resource is worth A LOT!! fingers crossed for here and all things Canadian ;-)