Ok is there a mutter from the gutter going about today or what?
Shares are now consolidated, payout deadline gone, no official
news......??????

(scratches head......)

Any clues among us beautiful BB'ers this afternoon?

SHORT LIST FOR UK’S £1BN CCS COMPETITION ANNOUNCED

The four short listed bids, all full chain capture, transport and storage projects, are in alphabetical order:

Captain Clean Energy Project: A proposal for a new 570MW, fully abated coal Integrated Gasification Combined Cycle (pre-combustion) project in Grangemouth, Scotland with storage in offshore depleted gas fields. Led by Summit Power, involving Petrofac (CO2 Deepstore), National Grid and Siemens.

Peterhead: A 340MW Post-combustion capture retrofitted to part of an existing 1180MW Combined Cycle Gas Turbine power station at Peterhead, Scotland. Led by Shell and SSE.

Teesside Low Carbon Project: A Pre-combustion coal gasification project (linked to c330MWe net power generating capacity fuelled by syngas with 90% of CO2 abated) on Teesside, North East England with storage in depleted oil field and saline aquifer. A consortium led by Progressive Energy and involving GDF SUEZ, Premier Oil, and BOC.

White Rose Project: An Oxyfuel capture project at a proposed new 304MW fully abated supercritical coal-fired power station on the Drax site in North Yorkshire. Led by Alstom and involving Drax, BOC and National Grid.

Following further decisions in the new year the Government expects that projects will undertake engineering studies before final decisions to build. The precise timetable for this will be dependent on the projects selected.

Link copied from over the road - National Grid US

Tuesday, October 30th - 10:00PM:

We have already made significant progress restoring power to customers affected by Hurricane Sandys damaging winds and torrential rains. Full restoration began at daybreak today, in parallel with ongoing wires down activity, damage assessment and tree clearing. With the halloween festivities approaching, we want to remind customers to keep a careful watch out for trick or treaters and drive slowly. Please be sure to avoid flooded areas and always assume all downed wires are live. To report wires down and power outages call 1-800-465-1212 in Massachusetts and Rhode Island and 1-800-867-5222 in Upstate New York.

New high this morning @714p

Half Year Results 15 th November Events Calendar

Ex dividend 28th November

Yield 5.54%

Half Year results

Good performance in first 6 months of 2012/13

· Operating profit1 up 7% at constant currency2 excluding impact of timing and major storms3

· Profit before tax1 up 21%, up 15% excluding impact of timing and major storms

· Earnings per share1 up4 20% at 23.0p, up 14% excluding impact of timing and major storms

· Interim dividend increased by 4%, in line with policy

Progress againststrategic priorities

· Investment up 23% to £1.8bn; mostly in regulated UK and US operations

· Settlement processes for new rates filed in New York and Rhode Island progressing

· New power supply agreement concluded with the Long Island Power Authority (LIPA)

· UK regulation: RIIO process in final stages

Outlook and priorities unchanged

· Sustain focus on improving returns and securing appropriate regulatory outcomes

· Implement new UK operating model, aligning activities to deliver optimal outcomes under RIIO

· Restoration expenses following 'Superstorm' Sandy, outside LIPA, not expected to exceed £100m

Blackrock lower their holding by the looks of things. SP hardly affected.

Looking very positive - recent high touched again this morning (714p).

Might need watching though with the Sandy liability and also a regulatory ruling on Dec 17th Skinny.

I haven't really traded them since before the rights issue - they are one of my bigger SIPP yield holdings - so the upward movement is a bonus.

New 12 month high this morning @716.50p.

Ex dividend tomorrow (14.49p) - 719 touched earlier.

Long Islanders get usual power bills despite Sandy blackout

November 27, 2012 -- Updated 1425 GMT (2225 HKT)

New York (CNN) -- The Long Island Power Authority is assuring outraged customers that their latest electric bills with normal monthly charges are no mistake, despite some being in the dark for days or weeks after Superstorm Sandy.

Customers are being billed are "based on the estimated reading of (their) energy use from the same month the year before," LIPA spokesperson Elizabeth Flagler said Monday.

At the current price (706.5p) yesterday's ex dividend (14.49p) has been covered - 12 month high on Tuesday was 719p.

Morgan Stanley Overweight 706.00 706.00 730.00 775.00 Reiterates

New high today @719.50p

New highs again this morning @722p.

This has been an excellent divi play chaps, well done all,

Stan - I've held these in one shape or form since before I had grey hair! :-)

Probably one of the safest outfits in the index this one over the years.

MAJOR INVESTMENT TO UPGRADE ENERGY NETWORKS

OFGEM ANNOUNCES MAJOR INVESTMENT TO UPGRADE BRITAIN'S GAS AND ELECTRICITY NETWORKS

· £24.2bn earmarked to upgrade and renew Britain's electricity and gas networks
· Ofgem cuts over £7bn from network companies' original spending plans to ensure value for money for consumers
· Ofgem continues to deliver a stable regulatory environment that successfully secures investment in Britain's vital infrastructure at a fair price to consumers



Receipt of Ofgem RIIO T1 & GD1 final proposals

National Grid notes receipt of Ofgem RIIO T1 & GD1 price control final proposals

Ofgem today published final proposals in respect of the RIIO-T1 and RIIO-GD1 price controls due to run for eight years to 31 March 2021. The draft licence amendments are expected to be published later this week, and Ofgem's final direction issued in late January or early February. After that direction is issued, parties may either respond within 20 working days or the licence amendments as directed, will come in to effect from 1 April 2013.

The final proposals cover all of National Grid's transmission and distribution owner and system operator businesses in the UK, with a regulated asset value in excess of £22bn and a significant proposed investment programme over the next eight years. As such the proposals are both lengthy and wide ranging and will take some time to review in detail before a final decision can be made about the overall acceptability of some or all of the plans.

As a result, as previously stated, we do not expect to be able to provide the market with a further update much before the deadline for communicating our final decision to Ofgem, which should be no later than early March 2013.

Is it going to bounce this time ?