GoSeigen wrote:Can anyone explain why this is NOT a falling knife? Looks like one for writing options against IMO. [Then you probably can buy them for 900p]
GS
Would you apply that to SSE as well?
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GoSeigen wrote:Can anyone explain why this is NOT a falling knife? Looks like one for writing options against IMO. [Then you probably can buy them for 900p]
GS
FredBloggs wrote:kempiejon wrote:A great many people for sure but https://en.wikipedia.org/wiki/Uncontacted_peoples not necessarily absolutely EVERYONE
Then we agree to disagree. My assertion is that without living like a hermit in a REAL stone age environment, EVERYONE relies on the grid. You go to a supermarket? You're relying on the grid. You have mains water and drainage? You are relying on the grid. Disagree all you like, unless you REALLY DO live like a stone age caveman, and how many of those are there?*** Then, yes, you rely on the grid. Fact.
*** NG is England and Wales by the way. Not sure how many uncontacted tribes there still are. Perhaps a couple in Liverpool or Slough, maybe?
FredBloggs wrote:FWIW, I'm not saying anything about being an individual who doesn't have/want mains electricity. That's great and a personal choice. If, however, that person still drives a car, shops in a supermarket, has mains water, wears clothes bought in a shop, uses toothpaste, visits the dentist, kids at shool etc.... Then that person still relies 100% on the grid for his/her life style. There is a lot more about being grid dependent than simply using candles and LPG cylinders. All modern life depends on a 24x7 electricity supply. A fact of modern life. And why NG is as near to a cash printing machine at the moment as you can legally get.
FredBloggs wrote:More likely. Why? Because nobody HAS to use SSE.
Group operating profit from continuing operations, excluding timing was £3.4bn, up 5%. This includes 4% growth from the US business, where profits were £1.5bn, and a 6% increase in profits from UK electricity transmission, to £1.2bn.
Capital expenditure hit a record £4.5bn, with the majority spent on the US business.
Looking ahead, the performance of the US business is expected to improve now that a number of regulatory filings have been completed, with 2017/18 benefiting from a full year of new rates in the New York Gas and Massachusetts Electric businesses. Returns from the UK transmission business are set to remain consistent, while the contribution from other activities and joint ventures is expected to be higher.
FredBloggs wrote:Maybe just an observation re political risk, which I agree is real and not be ignored. How much of the turnover of SSE and NG is from overseas now? In the case of NG, I think it is an extremely substantial portion of the whole business?
dspp wrote:My general rule-of-thumb is that 5-7 year paybacks is when the mass-market gets moving.
BusyBumbleBee wrote:dspp wrote:My general rule-of-thumb is that 5-7 year paybacks is when the mass-market gets moving.
Agreed but : trouble is that Lithium Ion batteries don't last long and about 7 years of daily use will probably see them worn out. Deep discharges are even worse for the batteries. If the costs do come down then all sorts of savings come into play including charge at night on economy 7 and use during the day saving peak rate charges. That would even out the load on the grid as well.
dspp wrote:Are you sure re the wearing out issue you are raising ? I think you are wrong, but maybe you know something I don't..
BusyBumbleBee wrote:dspp wrote:Are you sure re the wearing out issue you are raising ? I think you are wrong, but maybe you know something I don't..
I really hope you are right and I am wrong - and by the sounds of it you know an awful lot more than I do. I am probably wrong to extrapolate from small battery use to larger systems such as that used in cars.
And by the way my plug in hybrid has never reached even 90% of the rating given by the manufacturer - more usually about 60% no matter how carefully I drive. My friend's Tesla gives about the same. Conversely my smaller lithium ion batteries in chain saws, hedge trimmers etc do (more or less)
There is some useful information on the do's and don'ts with Lithium Ion batteries here http://batteryuniversity.com/learn/arti ... _batteries and I would value your views as to whether this is correct or not.
We have gone way off-topic on this diversion - what a pity the Lemon Fool hasn't got a 'Renewable energy' or some such topic in the main index where these discussions could take place.
Have a 'rec' - kind regards - BBB
FredBloggs wrote:Bouleversee wrote:GoSeigen wrote:Can anyone explain why this is NOT a falling knife? Looks like one for writing options against IMO. [Then you probably can buy them for 900p]
GS
Would you apply that to SSE as well?
More likely. Why? Because nobody HAS to use SSE.
EVERYONE HAS to use NG. Very big difference. It's the ultimate economic moat.
And other opinions are available, DYOR etc etc......
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