Regarding GSF, I don't think the market has missed the IRA tax credits, rather they are concerned that there is a possibility that GSF might not get them if Trump is elected?
GSF was discussed on the weekly Money Makers investment trust podcast (Jonathan Davis) this weekend and on the Quoted Data weekly investment trusts weekly investment trusts news roundup last Friday - they discussed the dividend cut and rearrangement and the IRA credits.
please, regarding your sixth point "quite a lot of my article is just musing a load of numbers and ratios" -> for me, this is an absolute strong point!!! some of those numbers/ratios/evaluations might be more *obvious*/in plain sight - many are not and very insightfull for the interested reader! thank you
Regarding BESS, dispatchers such as GRID and GSF took a hit last year as although their assets offer a cheaper price than gas peakers the National Grid ESO struggled to manually integrate them.
It’s easier for a person who needs a certain amount of power in 15 mins time to call on a gas station with near unlimited supply than juggle a number of 1 hour duration batteries. A software upgrade in December 2023 improved but did not solve this problem. As batteries have been getting cheaper, these companies have been extending their duration to 2 hours+.
There is another ESO software upgrade expected October 2024 which should replace manual control room demands and increase the revenue of the battery assets.
Regarding GSF, I don't think the market has missed the IRA tax credits, rather they are concerned that there is a possibility that GSF might not get them if Trump is elected?
GSF was discussed on the weekly Money Makers investment trust podcast (Jonathan Davis) this weekend and on the Quoted Data weekly investment trusts weekly investment trusts news roundup last Friday - they discussed the dividend cut and rearrangement and the IRA credits.
Money Makers is here:
https://youtu.be/FTVRxeDAupk?si=pkITJIEFxacaDdbw
(GSF at 36 minutes in)
Quoted data is here:
https://youtu.be/8EL_wu-4BG0?si=a6FCY8Gmtv35MNUU
(GSF at 3:36 minutes)
Hi Mark,
See:
https://theoakbloke.substack.com/i/145840940/quoteddata-gsf-commentary
please, regarding your sixth point "quite a lot of my article is just musing a load of numbers and ratios" -> for me, this is an absolute strong point!!! some of those numbers/ratios/evaluations might be more *obvious*/in plain sight - many are not and very insightfull for the interested reader! thank you
Regarding BESS, dispatchers such as GRID and GSF took a hit last year as although their assets offer a cheaper price than gas peakers the National Grid ESO struggled to manually integrate them.
It’s easier for a person who needs a certain amount of power in 15 mins time to call on a gas station with near unlimited supply than juggle a number of 1 hour duration batteries. A software upgrade in December 2023 improved but did not solve this problem. As batteries have been getting cheaper, these companies have been extending their duration to 2 hours+.
There is another ESO software upgrade expected October 2024 which should replace manual control room demands and increase the revenue of the battery assets.
I am long on them.