Battery storage. Do the maths. The cost of a kw of storage is £300 for 30 min (estimates £250 to £400 - let’s use £300) . Peak UK demand for 30 mins is 30 gw . That is 30,000,000. 30m kw . 30,000,000 * £300 is £9 billion for 30 minute off storage . and with time the ability to.

Does anyone have an idea what #EEE ‘s fully diluted EV at the point off free cash flow ?.

Introducing Grok Imagine.

RT @Frencheconomics: The final thing I would add is that there is very strong pushback from within the Treasury that they are not the one f….

Market is not going to wait for a late November budget …. they (govt and Treasury) are so naive .Market wants spending cuts now (tax rises will lead to further gilt sells off as the market understand Laffer curve & they impair their tax base which they do) . Market going to.

Market psychology is so important and missed by many economists. France maybe in worse nick than UK but Germany backstops. It does not matter that other countries have same issues. You cannot pay bills out of relativity. Perception matters. Perception and reality in the UK.

Any read across?.

The rain hammering down in London is a precursor of the shite show that’s coming Starmer’s way. Gilts correctly have decided that a man whose response to getting an economic grip is by hiring a lady who was fired from Columbia, has no private sector experience and is an advocate.

The playbook for Carclo; (#CAR)I think, is Renold (#RNO). Renold was acquired by PE for 10* pe with a lump of debt, a pension deficit, no top line, gross margin 45% and net margin 12%. It was a cyclical with not a lot of visibility but was very well run. I was a fan and had.

Good for pension deficits.

wonder if there any stocks that have this sort of set up…. 🤷‍♂️😱.

Totally de correlated with the US 10 year @Frencheconomics @julianHjessop.

Nasty start to gilts. Tick Tock.

I find it so depressing that Miliband is not skewered for 5 utter hypocrisies by main stream media and his own party which are; . 1) importing gas is far worse for the environment than the UK North Sea. Carbon per barrel of existing and new Norrh Sea is standard deviations lower.

Excellent .

This 👇. How does the business secretary whose only job is growth not understand this?. @jreynoldsMP.

RT @LoftusSteve: Massive rises are baked in. We know this because more wind will come online in the next few years and we know that balan….

I think pension deficit tells you what has happened not will happen . I wonder how many pension schemes swung to deficits as Covid led to QE and zero rates. Many Trustees panicked and put in hedging (at the lows - obviously) . Rates are not going back to zero and suspect 4% on.

RT @JonnyG82041477: @here_there @afneil Spot on. The issue isn't Drax. It's the failure of government to prepare and provide sufficient….

#CNSL for those that want to look under the hood, do the work & think where the puck could / perhaps go this is worthy; I think, of homework. The market subscribes no terminal value. Business structurally in much better place. Chair excellent. CEO clever / ambitious but new to.

I made a mistake here. AEP owns 65k hectares.I think the correct way is EV. I use 2026 estimate of net cash assuming palm prices off last 6 months & a guess around capex. AEP capex goes up as H1 low it I think end 2026 net cash is $340m. MPE is $180m. Post dps / buyback.