|
|
Post by bracknellboy on Apr 30, 2024 11:36:28 GMT
Interconnectors have trebled their contribution to base load on the UK grid in the last four years, so they are clearly part of the mix. What has not been mentioned yet is Vehicle to Grid storage which has the potential to buffer supply and demand - if EVs grow at the rate they are coupled with ramping up the national charging infrastructure and a smarter grid. Beyond that, to deliver a carbon free grid by 2030 or 2035 the will probably need hydrogen turbines.but then you need green hydrogen generation capacity to match....
|
|
adrianc
Member of DD Central
Posts: 9,978 
Likes: 5,131
|
Post by adrianc on Apr 30, 2024 11:51:25 GMT
The problem with UK energy security is the policies of this government and even worse the next Labour government. These policies are political and tax grab with no regard to energy security. I've actually dipped my toes into a couple of UK renewable funds (UKW/NESF) this year as the current tax grab has caused a bit of a fire sale of UK energy assets and they're trading at bargain basement prices. These funds are cutting right back on new investment and looking to spend their money on buybacks instead to shore up share prices (My gamble is on this succeeding) It's a global issue. I've had a chunk in LG's Green Energy Fund for a while now - RENG. It tracks the Solactive Clean Energy Index, a USD fund with global composition. markets.ft.com/data/etfs/tearsheet/summary?s=RENG:LSE:GBXwww.solactive.com/Indices/?index=DE000SL0AVN3Since I bought in (Nov 2021), I'm 23% down...
|
|
registerme
Member of DD Central
Posts: 6,618
Likes: 6,432
|
Post by registerme on Apr 30, 2024 14:23:10 GMT
I've actually dipped my toes into a couple of UK renewable funds (UKW/NESF) this year as the current tax grab has caused a bit of a fire sale of UK energy assets and they're trading at bargain basement prices. These funds are cutting right back on new investment and looking to spend their money on buybacks instead to shore up share prices (My gamble is on this succeeding) It's a global issue. I've had a chunk in LG's Green Energy Fund for a while now - RENG. It tracks the Solactive Clean Energy Index, a USD fund with global composition. markets.ft.com/data/etfs/tearsheet/summary?s=RENG:LSE:GBXwww.solactive.com/Indices/?index=DE000SL0AVN3Since I bought in (Nov 2021), I'm 23% down... I've been looking for a fund like that. But one that pays dividends.
|
|
adrianc
Member of DD Central
Posts: 9,978
Likes: 5,131
|
Post by adrianc on Apr 30, 2024 14:39:41 GMT
I've been looking for a fund like that. But one that pays dividends. ...and goes up in value? How about iShares INRG or Amundi NRJL ? Both distributing trackers of green energy indices.
|
|
registerme
Member of DD Central
Posts: 6,618
Likes: 6,432
|
Post by registerme on Apr 30, 2024 15:02:37 GMT
I've been looking for a fund like that. But one that pays dividends. ...and goes up in value? How about iShares INRG or Amundi NRJL ? Both distributing trackers of green energy indices. Yes. One that pays dividends. I don't mind capital growth but I also want a stream of payments (that I can reinvest or receive as cash when I want to). Thanks - I'll take a look at both of those.
|
|
Nomad
Member of DD Central
Posts: 755
Likes: 513
|
Post by Nomad on Jul 25, 2024 9:29:53 GMT
Another green energy investment ends disappointingly - Sun Exchange |
|
|
|
Post by mostlywrong on Jul 25, 2024 11:29:12 GMT
...and goes up in value? How about iShares INRG or Amundi NRJL ? Both distributing trackers of green energy indices. Yes. One that pays dividends. I don't mind capital growth but I also want a stream of payments (that I can reinvest or receive as cash when I want to). Thanks - I'll take a look at both of those. Sharepad shows that INRG is somewhat down on its luck over the last 3 years and pays 2 dividends per annum in USD. 0.9% yield.
I would show you the chart but my IT skills are not world class!
MW
|
|
mogish
Member of DD Central
Posts: 1,105
Likes: 527
|
Post by mogish on Jul 25, 2024 13:20:12 GMT
Why is it that green investment ate not producing results?
Lack of buy in or people not convinced?
|
|
|
|
Post by mostlywrong on Jul 25, 2024 13:41:47 GMT
Why is it that green investment ate not producing results? Lack of buy in or people not convinced? My list includes: political fears, rising taxes, planning permission difficultiess, grid connection difficulties, higher interest rates, lower electricity costs, competition.
And there must be other reasons that I have not understood.
I hold GSF which builds battery systems that provide power to the grid for 1 to 2 hours. For example, as the sun sets, the amount of solar power drops quite sharply and the fully charged battery system then kicks in to provide power to the grid which delays the requirement for the gas-fired power stations to come on-line.
An eminently sensible company for my hard-earned dosh, I thought, with a greenish tinge to make me feel good, and bought in. Wrong. It is one of my worst investments ever and that is saying something!
From what I can gather, the UK system stinks and the company would, quite happily, divest itself of its UK obligations and go where the return on investment is adequate: Germany, Ireland and the good ol' US of A.
GSF has just rebased its dividend which might improve future cash-flow and profits. Might.
Looking at the chart and the figures for INRG, I can see much the same thing. A huge wave of optimism, then the early adopters sold, and subsequent buyers have ended up with a pig in a poke. The share price has almost halved in 3 years.
Caveat emptor.
MW
|
|
keitha
Member of DD Central
2024, hopefully the year I get out of P2P
Posts: 4,582
Likes: 2,615
|
Post by keitha on Jul 25, 2024 14:15:36 GMT
see p2pindependentforum.com/thread/17569/ripple-energyWould I invest in another farm with Ripple, Sorry no £115 Capital plus £9.80 return on a £2300 investment doesn't float my boat yes I know that as a percentage it increases year on year but ... what concerns me is that investors in the solar park are still expecting a 9p per kWh return ( and I think that's silly ) A wind farm will give more energy at night and in the winter than solar so should be at a higher price. |
|
