nk1999
15 Jun 2017
Re: Thursday HR,Agree, it equates to about 12.2p, and is not bad in my view as a starting point.nk
Happy Rabbit
15 Jun 2017
Re: Thursday Axel, I think that will be a divi of about 12.2p or about 3.5%. That sees a good starting position. With four OCGT's to build, and more investment in the supply chain to come, Drax will need to keep a good bit of cash in hand and maybe even convert one or more of the coal units to bio fuel over the next three or four years. I have no faith that Hinkley will ever be built so we will need more low carbon generation to meet the required CO2 emission target. We are currently way over on a normal day.Regards,
axel27
15 Jun 2017
Re: Thursday Morning LKH,Trust those diesels not killing us with their NO emissions. Hey with £50m dividends promised by DRAX (?8p/share), you could invest in the bi-fuel conversion and burn gas.You mentioned nukes. I saw something out of National Grid yesterday suggesting we pay nukes to not generate! Apparently with all these renewables the grid gets wobbly, they call it inertia, and so the cheapest solution is to reduce the largest possible fault (presently Sizewell) by turning it down. So you pay the nuke not to generate. The folks building Hinkley C which is an even bigger fault going to be amused by this, but I guess at £93/MWh for not generating what do they care.A, bashing his head against energy policy wall..... again
LK Hyman
14 Jun 2017
Re: Thursday Happy," ... the fragile nature of our gas supply."It's fragile if one relies on a single source. However LNG is freely available from an increasing number of worldwide sources, so I'm chillaxed .... while maintaining a goodly supply of logs for the woodburner for when I'm in Blighty.If one seeks to pinpoint supply fragility there is no need to look any further than future nuclear plants. Wouldn't it be gr8 if the electoral clusterfuck made Theresa think again about Hinkley Point? There's still time to build a few CCGT gensets and consign Hinkley Point to the dustbin where it belongs. Macron might even thank us.LKH on the flybridge twin diesels purring away reliabl
Happy Rabbit
14 Jun 2017
Re: Thursday Also, with what has just happened in Qatar leading to the two large LNG tankers heading to the UK being turned back, just illustrates the fragile nature of our gas supply.
MNKGV
13 Jun 2017
Re: Thursday Perhaps some city folk are just beginning to realise that the wind doesn't always blow, the sun goes out at night, the nukes aren't coming any time soon and without Drax, the lights go out.
Happy Rabbit
13 Jun 2017
Thursday Seems like someone is expecting good news in a couple of days time!
Punilux
09 Jun 2017
Anyone Still Up... ...waiting to see if Drax's favourite ex-energy secretary is soon to become an ex politician?
schwee
13 May 2017
Re: Jefferies It is now 3 months since the Board announced a review with its shareholders on dividend policy. They should really announce the outcome of that review so that the market knows. At the moment all we have is a guess from Jeffries.
MNKGV
12 May 2017
Re: Electric Insights All good news ,as far as Drax is concerned, especially with the uncertainty surrounding future nuclear installations. It will be interesting to see what happens ,if any form of re-industrialisation is required, pre-Brexit. And Lady Luck plays a capricious game with those who repeatedly take chances. We do not have enough 'spare' capacity to deal with bad luck.
Happy Rabbit
12 May 2017
Re: Electric Insights In4, Excellent report. Thank you for finding it and posting.Regards,
in4apennyin4amil1
12 May 2017
Electric Insights Some interesting insights about the electricity industry in general in this report.[link]
MNKGV
10 May 2017
One nice day... Drax rising, demand high, no wind to speak of, and what makes up the shortfall ? Thank heavens we haven't torched those coal fired stations, yet.
II Editor
09 May 2017
NEW ARTICLE: How taking a long position on Lloyds might prove rewarding "Before getting into the boring stuff relating to LSE
RXrax's share price, we've a wheelie bin panic going on. You know, that horrible awakening at 5am when you remember the Wheelie Bin Gestapo are visiting in an hour and you've forgotten to ..."[link]
II Editor
08 May 2017
NEW ARTICLE: Trends and Targets for 9/05/2017 " DRAX GROUP (LSERX) Before getting into the boring stuff relating to DRAX share price, we've a Wheelie Bin panic going on. You know, that horrible awakening at 5am when you remember the Wheelie Bin Gestapo are visiting in an hour and you've ..."[link]
