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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....
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adrianc
Member of DD Central
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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...
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registerme
Member of DD Central
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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.
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adrianc
Member of DD Central
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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.
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registerme
Member of DD Central
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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.
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