Why clean energy investing is the future

Huh, that’s weird, I could of sworn that I have actually stood on the site of a decommissioned nuclear power station. I must have been imagining things. Mind you, I was at work, gets a bit boring sometimes.

Anyway, it’s still a silly argument. It’s like saying we shouldn’t have a vaccination program because it wastes a lot of needles.

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There are plenty of decommissioned reactors but I don’t think any have been fully decommissioned - even the earliest reactors turned off need 50-75 minimum years to cool before full decommissioning can start.

But hey what do I know - I’ve just worked in waste management for 20 years…

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Yes, the argument of predicting costs is both wrong and irrelevant. What is relevant is how much is spent (and agreed to spend over the next X years) and we know this exactly.

So for example, stated in the 2020-2021 annual report of the UK’s decommission authority:

our net expenditure for the year was ÂŁ2,447 million compared to the original voted net expenditure of ÂŁ2,606 million.

And when you look through the you see the majority of that money was not related to the UKs civilian nuclear power stations but rather its nuclear bomb making facilities.

How on earth is this flagged? :rofl: :rofl: :rofl: Quoting Wikipedia now gets you cancelled! What a world we live in.

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Radioactive waste management? Cool if so, but in that case you should know that it doesn’t take 50-75 years cool down to start decommissioning.

BR3 operated from 1962 to 1987. It was chosen as a reactor to learn how to do decommissioning, which began in 1989. Today it’s essential a green field near a lake with a few buildings around. For me, that’s fully decommissioned.

Nuclear waste management in the past used to be laughably bad. At Dounraey they had 70m deep shaft with a tunnel at the bottom going out to sea. Contaminated gloves, overalls (which is what a lot of low level waste is) gloveboxes, maybe even an old Land Rover where unceremoniously chucked in this hole.
It blew it’s concrete top at one point due to hydrogen build up.

Thankfully we know better now.

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Remember anyone can flag any post, it doesn’t really mean anything. It’s with the admins to review (not me and @bitflip were just the sweeper uppers)

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Haha, I know buddy!! I was just having a laugh at how someone could feel the need for pressing the button. Never for a second thought it was either of you :slight_smile:

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Going to the main topic here on Why clean energy investing is the future:

I believe that it is clear that Oil and Gas will continue to be burnt for decades to come. That is, as far as I can see, not the question. Neither is the intermittency of solar or wind. Nor will Nuclear energy deployment or research, in particular fission, stop any time soon. So arguing about these things here is not for me a useful activity.

It is already clear that people are investing in so called Climate technology:

While the broader market might be cooling, climate tech continues to be a hot ticket, with investment figures for top deals in Q3 outpacing the two previous quarters this year.

Sure we can call this hype and various other things but we can’t deny that money is flowing into these areas. For me the questions are around where I should put my money. Progress is rarely linear and humans have problems with predicting change let alone the pace of change.

Remember markets are about ‘expectations’. Some things will change faster than other bits. Where will that change be? How are our lives going to change because of that? Those are the bets on which money is being placed.

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True! You can be a tree hugger or gas guzzler but either way denying green is going to grow massively by either government ignoring or not needing it, it WILL happen big time!

My only issue is, which elements to pick and gamble on succeeding most. What is happening in various parts of the world is only going to build demand for clean tech and probably exponentially very quickly. People/companies/countries are just trying to bleed as much money as possible from fossil fuels until it is nearly or too late to fix. Even Saudi are planning for after oil which tells you all you need to do. They just need to sell as much as possible to secure their future when that happens now.

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The next 1,000 unicorns won’t be search engines or social media companies, they’ll be sustainable, scalable innovators – startups that help the world decarbonize and make the energy transition affordable for all consumers.

– The CEO of BlackRock in his annual letter 2022

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I think this may well be correct. However I’m torn. I am not sure I have the skills to pick which companies will make the difference.
I am dubious about hydrogens worth. Fuel Cells, are neat and all but struggle against batteries in a lot of applications. It’s an energy carrier, the round trip efficiency is poor so it has to make sense from an energy density perspective, trains, big trucks and planes may be ideal. Not real stand out players in this space.
Solar and wind are basically solved, to be commoditised further and efficiency and costs are the most important.
SMRs are cool, but acceptance is still a big issue and a lot can be done with acceptance at big existing conventional facilities, eg Sizewell C, or building new nuclear on old coal plants,
Wildcard? Fusion, maybe. First light fusion, Tokamak Energy, Commonwealth Fusion Systems, Helion Energy, General Fusion (4 of them building in Oxfordshire!) all recieving large private investment and making advancements.
ITER, STEP and DEMO are governmental orgs and are a while off, but if ITER shows a Q above 1 expect the money to flood in to the others.

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I too don’t have the skills to make the ‘right pick’. Additionally, it may be that the future stars are not even listed at the moment.

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Admin: reminder this topic is about clean energy investing. Please keep to topic.

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Hi everyone

As @bitflip mentioned above, please do keep the conversation on topic (clean energy investing) and please also do remember to the tone kind, helpful and constructive.

Thanks

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wind solar battery investment trust have taken a kicking. They were considered to be alternative to government and investment grade bonds. The income from the latter has risen significantly and is expected to rise further.
Hence the income returns on wind solar etc and for that matter Infrastructure investment trusts has to rise to.
In the case of investment trusts the fall has been, in some cases from a premium to a discount.
Now it maybe that the value of these investment trust may end up being reduced anyway.
Either way the dividends in a lot of cases will now be significantly higher. Worth a look.

TLEI
Investing in wind solar etc in emerging markets. Was on a premium now on 12% discount. Aiming for a 7% dividend of it’s IPO price.
Downside far from fully invested yet.

Dollar denominated on LSE. Low liquidity (no deals so far today, 4 deals yesterday etc):

Screenshot 2022-10-20 at 12.21.58

But if interested create a request. You never know. At some point in the future it may be made a part of Freetrade’s stock universe.

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There are other platforms where its available. People do have two platforms as you know freetrade dont always move all your shares over.
PS its low liquidity is probably a product of it not being fully invested yet.

A fusion fund, interesting.

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