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Author Topic: Lateral Power  (Read 1917 times)

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Offline concerned

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Lateral Power
« on: Wednesday 30 September 2015, 0653 »
Any info on the current word circulating that the Lateral power deal to buy the old Aluminium site has collapsed?

Offline Baz

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Re: Lateral Power
« Reply #1 on: Wednesday 30 September 2015, 0848 »
I live in Holyhead and have not heard anything. I'm sure this would have been in the local papers if it had happened.

Offline Che Guevaras Flip Flops

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Re: Lateral Power
« Reply #2 on: Wednesday 30 September 2015, 1003 »
Any info on the current word circulating that the Lateral power deal to buy the old Aluminium site has collapsed?

Wouldn't surprise me.   The ground preparation should have started in March this year with the thing supposed to be operational later this year - but nothing has been done.

Presumably the scaling-back of green subsidies may have scuppered it.

Offline Nooks

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Re: Lateral Power
« Reply #3 on: Wednesday 30 September 2015, 1031 »
Was that the biomass pethna?
It's just the bear necessities of life!

Offline Che Guevaras Flip Flops

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Re: Lateral Power
« Reply #4 on: Wednesday 30 September 2015, 1355 »
Lateral Power should have finally taken belated possession of the site on 17 Sep just gone.  The chimney was then planned to be gone on 9 Oct.   That was their official spokesperson's  position less than a month ago.

Apparently, of the 850m needed to build it all,  the rights issue has only raised 4m.  In addition the governments reigning back of green subsidies is also a factor.   There's also other problems apparently, not least of which is the contamination at the site with Cae Glas looking like it could take up to 100m to clean up.

So something is up as they should be there now prepping the chimney for demolition.

Offline concerned

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Re: Lateral Power
« Reply #5 on: Wednesday 30 September 2015, 2146 »
I think Che is bang on with that post.. I think the current site owners(AAM) has today given them instruction for a response to purchase by October 24th and then will make a press release stating it has fallen through and the site back up for "sale"!!! I understand all political agencies have been informed of this cut off date and the position of the promised 1,000 jobs for the future of the town and its children was a red herring.

Offline Che Guevaras Flip Flops

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Re: Lateral Power
« Reply #6 on: Thursday 01 October 2015, 1451 »
You are pretty exact with the date and the ramifications there "concerned".

More than an educated guess i would suggest.....

Offline Trefignath

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Re: Lateral Power
« Reply #7 on: Monday 12 October 2015, 1600 »
Has no one tried to slap a preservation order on the chimney?

It must be one of the chief HH landmarks now that the Convent and the Sheerlegs are no longer with us.
Not waiting for the others.

Offline Che Guevaras Flip Flops

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Re: Lateral Power
« Reply #8 on: Monday 19 October 2015, 2026 »
Announced at 7pm tonight.   Chinese will inject 1 billion into it to build it.

http://www.dailypost.co.uk/business/business-news/500-job-holyhead-biomass-project-10292577

Offline Nooks

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Re: Lateral Power
« Reply #9 on: Monday 19 October 2015, 2202 »
Loving it! In their mock up, the chimney has gone, but the shadow remains! <goulish emoticon>

However, and more seriously, sounds like good news for the economy of the area. Disappointing however that the financial proceeds will disappear out of the country straight to foreign interests. If the British won't invest though what can you do?

Presumably this will 'fill the gap' for the next 15 years or so until Wylfa  'B' comes on line. What happens then?

How will the biomass material arrive and the waste be disposed of? Will they use the old AAL jetty and conveyor?

One more thing, will it stink?
« Last Edit: Monday 19 October 2015, 2226 by Nooks »
It's just the bear necessities of life!

Offline Che Guevaras Flip Flops

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Re: Lateral Power
« Reply #10 on: Tuesday 20 October 2015, 0010 »
If they original plan goes ahead then it will be wood pellets from Canada by ship, using the AA underground system.  Filters to minimise smoke and paricles.

But it's a different company now - a Chinese one so they may have other ideas.

Offline Che Guevaras Flip Flops

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Re: Lateral Power
« Reply #11 on: Wednesday 21 October 2015, 2332 »
Dr Zhang told the Good Morning Wales programme: "It's very hard for us to bring the Chinese ground labour to the UK but definitely we will bring the technicians and expertise to the UK.