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(NG.) National Grid Share Chat

Discussion in 'General Share Chat' started by Steamy, Jul 1, 2015.

  1. Inspiration

    Inspiration Moderator Moderator

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    Last edited: Jul 1, 2015
  2. Steamy

    Steamy Co-Founder of BlueShare Staff Member Moderator

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    I tend to agree with you, I am seriously considering it, just letting Greece sort itself out and markets settle.
     
    Inspiration likes this.
  3. billyo

    billyo Demi God of BlueShare

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    Is anyone in this, or did any one get in last year?

    I get sent energy industry news through work and recieved this little gem this morning:

    National Grid has got its crystal ball out and published forecast Transmission Network Use of System (TNUoS) tariffs for the years from 2017/18 to 2020/21. Taken with the actual tariffs for 2016/17 published on 29 January (see my email of 4th Feb) this gives a view of how TNUoS prices are likely to change over the next five years.
    In making the forecast, National Grid have taken into account expected changes in generation and demand patterns, investments in the network and revenues from both onshore and offshore Transmission Owners. By 2021, Grid is predicting that the annual energy supplied from the transmission system will reduce by over 50TWh, although revenues from the Transmission Owners are expected to increase from £2.7bn in 2016/17 to £3.8bn by 2020/21. Much of this increase (over £600m) is expected to come from offshore transmission networks and associated generation.


    I cant paste the demand tarrif table for the next five years, but the increeases are pretty healthy- although the downside is that electricity prices are going to get pretty unhealthy.......

    Seems like a potentially stable long term opportunity and a way to hedge against energy costs.
     
    Inspiration likes this.
  4. Mongoose82

    Mongoose82 A Legendary Member

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    Read AlphaValue's note on NATIONAL GRID PLC (NG/), out this morning, by visiting https://www.research-tree.com/company/GB00B08SNH34

    "Strong FY results for the company with the operating profit increasing by 8% yoy to £4.08bn and 6% yoy on an adjusted basis, which is in line with estimates. Moreover, profits before tax are up 15% yoy to £3.03bn and 9% on an adjusted basis, which is ahead of forecasts. Following the same positive path, reported EPS reached 69p which is a 30% yoy increase and a 10% increase on an adjusted basis to 63.5p, beating consensus. However, the dividend is slightly below expectations despite the 1.1% yoy increase at 43.34p, with net..."
     
  5. Mongoose82

    Mongoose82 A Legendary Member

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    Read Beaufort Securities's note on NATIONAL GRID PLC (NG/), out this morning, by visiting https://www.research-tree.com/company/GB00B08SNH34

    "National Grid delivered excellent performance in FY 2016 on both financial and operational fronts. The company benefitted from the electricity price difference in Britain and continental Europe, which lifted trading volumes on its network. National Grid recorded robust growth in the UK and generated savings of over £330m for customers in the first three years of regulated price control (RIIO). The company made substantial progress with rate filings in New York and Massachusetts. Value-added metric, which reflects the key component of value delivery to shareholders, was strong with value added in the year amounting to £1.8bn or 47.6p per share. National Grid is selling the majority stake in its UK gas distribution business. After the sale, the company expects to deliver higher growth and also maintain a solid balance sheet to fund its investment programme. We are encouraged by National Grid’s progress in FY 2016 and look forward to further updates..."
     
  6. Mongoose82

    Mongoose82 A Legendary Member

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    "An energy committee of UK lawmakers (the UK’s Energy & climate change committee) have published a report recommending that National Grid should no longer operate the country’s energy network and that it should be transferred to an independent system operator (following the model already applied in USA). The government has 60 days to respond to the recommendations proposed by the committee. Moreover, the MP’s are demanding that National Grid be separated from its interconnector assets as this may create a conflict of interest for the company in terms of priority usage ahead of local generators to balance electricity demand and supply. In November 2015 Amber Rudd, the UK’s Secretary of State for Energy, stated that the national regulator Ofgem should reconsider National Grid’s role to be more independent, but it has been the system operator for the last 26 years."

    AlphaValue note: https://www.research-tree.com/Company/GB00B08SNH34
     
    Inspiration likes this.
  7. Inspiration

    Inspiration Moderator Moderator

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    Renewables provide more than half UK electricity for first time
    By Roger HarrabinBBC environment analyst
    • 8 June 2017
    [​IMG]Image copyrightGETTY IMAGES
    Renewable sources of energy have generated more electricity than coal and gas in Great Britain for the first time.

    National Grid reported that, on Wednesday lunchtime, power from wind, solar, hydro and wood pellet burning supplied 50.7% of UK energy.

    Add in nuclear, and by 2pm low carbon sources were producing 72.1% of electricity in Great Britain.

    Wednesday lunchtime was perfect for renewables being both sunny and windy.

    Records for wind power are being set across Northern Europe.

    The National Grid, the body that owns and manages the power supply around the UK, said in a tweet: "For the first time ever this lunchtime wind, nuclear and solar were all generating more than both gas and coal combined."

    On Tuesday, a tenth of the UK's power was coming from offshore wind farms - a newcomer on the energy scene whose costs have plummeted far faster than expected.

    So much power was being generated by wind turbines, in fact, that prices fell to a tenth of their normal level.

    Environmentalists will salute this new record as a milestone towards the low carbon economy.

    Critics of renewable energy sources will point to the disruption renewables cause to the established energy system.

    At the time of Wednesday's record, 1% of demand was met by storage; this will have to increase hugely as Great Britain moves towards a low-carbon electricity system.
     
    Makaira88 likes this.
  8. Inspiration

    Inspiration Moderator Moderator

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    There are some interesting thoughts on the National Grid website about electric cars and how these will be powered.

    If you assume you have an average size battery charger; it is a 3.5 kW device (equivalent to a fast boiling domestic kettle’s electricity usage). It would take about 19 hours to charge one of these batteries from being 25% full to 100% charged.

    This time could be halved to 10 hours with a 7 kW charger. This size of charger is already available and will soon become more prevalent than the 3.5 kW versions. However, these batteries can accept a 50 kW input and it would take about 80 minutes to charge if you could plug into that level of power.

    A home charger will not support this level of power requirement, but commercial sites do.

    http://fes.nationalgrid.com/media/1281/forecourt-thoughts-v12.pdf
     
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  9. Inspiration

    Inspiration Moderator Moderator

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    (ShareCast News) - Electricity transmission network operator National Grid reported "good progress" against its key priorities in its interim report on Thursday, with adjusted operating profit excluding timing up 4% to £1.4bn.
    The FTSE 100 company's adjusted earnings per share in the six months to 30 September stood at 18.5p, including adverse timing of 1.9p.

    On a statutory basis, operating profit was £1.3bn and earnings per share were 19.5p.

    During the period, National Grid made capital investment of £2bn - an increase of 7% year-on-year, or 4% at constant currency.

    The board declared an interim dividend of 15.49p per share, which represented an improvement of 2.1%, in line with the board's stated dividend policy.

    A total of £3.6bn from the company's sale of its gas distribution division was also returned via a special dividend and ongoing share buybacks during the half-year.

    The board claimed its "strong" balance sheet had been maintained, as well as its full-year outlook, with its financial performance weighted to the second half due to seasonality in the US market.

    "We have delivered a solid financial performance in line with our expectations, made further progress to evolve our business and maintained a world class, safe and reliable service," said National Grid chief executive John Pettigrew.

    "Our focus on efficiency and innovation has reduced costs and generated increased savings for bill payers."

    Pettigrew noted that the company also invested a further £2bn in "critical infrastructure" during the period.

    "Our improved performance in the US is encouraging, with this part of the business now representing an increasingly important part of our investment proposition.

    "Having reshaped our portfolio in the UK, we continue to expect our electricity and gas transmission businesses to deliver high levels of performance."

    On the operational front, National Grid said "strong momentum" sontinued in the US, with the Niagara Mohawk rate case filing now at settlement stage, and filings on Massachusetts Gas and Rhode Island said to be "imminent".

    It also described continued "solid performance" in its UK regulated business, with a framework for the separation of its electricity system operator business agreed.

    UK interconnector projects to Norway, Belgium and France were also progressing well, the board claimed.

    "Our outlook for the year is unchanged, underpinned by our expectations for a stronger second half," John Pettigrew added.

    "We are focused on completing rate filings in the US, continuing proactive discussions with Ofgem ahead of the next regulatory settlement in 2021 and seeking new opportunities to grow the business and optimise our performance.

    "We are confident that our strategy continues to create value for shareholders, delivering an attractive yield, and asset growth in the 5% to 7% range."
     
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