How Leeds Bradford Airport Can Be Catalyst For Green Aviation
The title of this post, is the same as that of this article on the Yorkshire Post.
The article was written by a geography student from Yorkshire, who is studying at Cambridge University.
He makes some interesting points.
- Leeds Airport is not a good customer experience.
- Manchester Airport will take passengers away from Leeds.
- Leeds is the biggest financial centre in the UK outside London.
- Leeds Airport should be improved to the highest environmental standards.
- Aviation biofuels should be provided.
- Short haul flights should be replaced by a train journey if possible.
- By 2030, a lot of short haul flights will be replaced by electric aircraft.
I agree with a lot of what he says.
There will still be a need to fly and we must make it as environmentally-friendly as possible.
If we don’t find ways of making flying carbon-neutral, we’ll hurt the economy.
Proposed Merger Will Make Zinc Battery Developer Eos Energy A Public Company
The title of this post, is the same as that of this article on pv magazine.
This is the introductory paragraph.
EOS has executed a letter of intent for a merger with a SPAC — which would result in EOS becoming a publicly listed company. Investors seem fascinated by energy storage this year, the long-duration variety in particular.
The two companies are described like this.
EOS Energy Storage
EOS Energy Storage is a private zinc battery developer with the chance to go public via a merger with a special purpose acquisition company.
The company has a comprehensive web site.
Riley Principal Merger Corp II
B. Riley Principal Merger Corp II (BMRG), a special purpose acquisition company listed on the New York Stock Exchange, and Eos have executed a letter of intent for a merger which would result in Eos becoming a publicly listed company.
The article, then states that energy storage is the big thing with investors this year.
The article makes some interesting points and anybody thinking about investing in these technology stocks should read it.
Conclusion
With this activity around EOS, it could be they are a company to watch, but we’ve had share bubbles before.
Who Needs Offices? Zopa Doesn’t!
opa’s update to all their investors yesterday.
It had a sub-heading of At Zopa!
Finally, a quick update on where we’re at as a company. All of our staff are still working remotely. Our diligent preplanning for a situation in which we could lose access to our offices has meant we’ve been able to continue to serve our customers throughout the pandemic, while also implementing new solutions to adapt to this unprecedented situation. Like other businesses, we’ve been planning for what a return to our offices looks like. But as we’ve been able to keep serving your needs while operating from home, we are in no rush. Being in this position allows us to stay focused on supporting your needs during this challenging moment.
How many companies after we are through the COVID-19 pandemic will decide to downsize their office requirements considerably?
Zopa Seems To Have Deconstipated
In early March, I wrote Is The COVID-19 Having An Affect On Lending At Zopa?, where I said this.
I lend money on Zopa and at the moment no-one seems to be borrowing any money.
I put some of my pension in my lending pot into the peer-to-peer lender each month and it’s still there sitting safely in the queue for a borrower.
Perhaps everybody is being cautious because of the COVID-19 alert.
At the time of writing this new post, everything seems to be back to normal. Or at least money, that I put in my lending account yesterday, has now been allocated to borrowers and is awaiting the final checks.
Eight years ago, I wrote Stability in Financial Systems, where I put forward my belief that Zopa is a stable system, that adjusts itself to the conditions it encounters.
Has the peer-to-peer lender just demonstrated, that my thoughts are correct, by sailing untroubled through the COVID-19 crisis, with just a small adjustment on the tiller here and there, just as it survived the Banking Crisis of 2008?
UK’s First Car Battery ‘Gigafactory’ To Be Built By Two Startups
The title of this post, is the same as that of this article on The Guardian.
This is the first two paragraphs.
Two British startups have announced plans to invest as much as £4bn in building the UK’s first large-scale battery factory, in a move that could prove a major boost to the country’s struggling car industry.
AMTE Power and Britishvolt have signed a memorandum of understanding saying they will work together on plans for a plant to make lithium ion batteries, the key component in electric cars as well as energy storage products.
So who are AMTE Power And Britishvolt?
AMTE Power
The AMTE Power web site, has this mission statement.
The cell market demands flexibility in design and chemistry, AMTE has focused on supporting niche customers who want to develop and build solutions where standard cell options fail to deliver against their business design objectives.
The forecast demand for cells production, will see delivery shortages as Automotive and Energy storage markets develop. AMTE can supply its customers with bespoke solutions eliminating the need to accept second best in cell choice.
Give the customers, what they want is rarely a bad philosophy.
Britishvolt
The Britishvolt web site, has this mission statement.
We have identified the United Kingdom as the potential location to build our first Gigaplant. Britishvolt is looking to produce high performance batteries better than anyone else, establishing the country as the leading force in battery technology and the center of sustainable energy storage. We are ready for the World 2023.
Having read both companies web sites, I think the two companies have more than a little in common.
So why not team up and move forward.
Zopa Resumes Lending To ‘C Risk’ Borrowers
The title of this post, is the same as that of this article on Peer2Peer Finance News.
Zopa, the first peer-to-peer lending site, rates all borrowers as to risk, between A (the best) down to E.
Certainly, since they introduced this policy, my invested money gets lent out more quickly.
Hopefully, the risk won’t have been increased by an amount, that is unacceptable to lenders.
Renewable Roundup: Big Banks Lining Up To Finance Big Batteries
The title of this post, is the same as that of this article on Red, Green and Blue.
This is the introductory paragraph.
We’ve reached a significant tipping point in how the battery storage market is financed, shifting from expensive private equity investments to ordinary bank finance. Which will be another factor leading to a terawatt of storage by 2040.
The article contains an impressive graph showing the growth of energy storage world-wide, broken down into China, United States and the Rest of the World, showing that by 2040, there’ll be that terawatt of storage.
There are also some stories of companies trying to get funding for battery projects in the United States, which enforce the message of the title.
But then, I wrote World’s Largest Wind Farm Attracts Huge Backing From Insurance Giant in 2018, where I said this.
Aviva will have a billion pounds invested in wind farms by the end of the year.
As ever, it looks like, it has taken longer for the penny to drop on the other side of the pond.
But at least it seems to have finally done so!
Zopa And COVID-19
As regular readers of this blog will know, I invest my spare savings in the peer-to-peer lender Zopa.
I have a feeling, from my experience of reading the statistics of my lending on the site, that money is slow to be lent out!
But there are people out there, even in these insecure times, who have a guaranteed cash-flow and a good credit rating.
And some of these may need a loan to perhaps replace a car, that has expired and they need to get to their essential job or to furnish a spare room as a home office or schoolroom.
If I needed a sensible loan, which I don’t, I’d check out Zopa.
UK To Raise Contactless Card Payment Limit To 45 pounds In April
The title of this post is the same as that of this report on Reuters.
This is the introductory paragraph.
Britain will raise the spending limit for contactless card payments to 45 pounds ($52) from 30 pounds on April 1 to support consumers during the coronavirus outbreak, the UK Finance industry association said on Tuesday.
I think this is a good thing.
When I go to Marks and Spencer to get my food, I have found that for the goods I buy, their average cost is two pounds. It is annoying the number of times I buy sixteen or seventeen items and I am just over the thirty pound limit.
So from April the first, I will be using chip-and-pin less often.
Surely, you’re more likely to pick up COVID-19 with chip-and-pin!
Blackstone Acquires Battery Energy Storage Firm NRStor
The title of this post is the same as that as this article in IPE Real Assets.
The Blackstone Group is on of the largest alternative investment firms in the world, so the title of the post says it all.
I believe that we need masses of energy storage to fight global warming and it looks like Blackstone are building a portfolio.
The Anonymous Widower 