Centrica plc

Uh, but they talked in their announcement about some of the fuel cell applications.

Now they've got, they've got partnerships with like multinationals like Doosan, um, and also Centrica that they're cooperating with, but they talked about data centers, uh, and the use of fuel cells in data centers now.

Uh, and part of this is driven by, um, they said time to access of power for data centers.

Well, I mean, this is like, you know, you're building a new data center, you've got to access, you're accessing grid, getting enough power from the grid.

So I would say this is a buy, this name.

It recently did a deal with Centrica where they want to move some of their volumes away from the ACO benchmark because it's been historically very low for a long time.

So now they've got a deal that will start in 2029 for 10 years that will take part of their production, 50,000 units, a day, MCF a day, and link it to the European benchmark, the TTF, the Dutch transfer, title transfer facility, which trades at a huge premium.

Like currently, you've got ACO trading very low, like around a dollar, and you've got the Dutch facility for natural gas for the same volumes and everything, $27 US.

Hartlepool is set to play a central role in ambitious plans to deliver a new generation of nuclear power across the UK after a major regulator milestone was reached.

Energy giant Centrica and advanced nuclear technology developer X-Energy have announced that X-Energy's XE-100 advanced small modular reactor has been accepted into the UK's generic design assessment

process.

A logistics and operations management company has strengthened its presence in the North East with the opening of a new regional office.

So that's really big and we're seeing a lot of projects now starting to come out of the woodwork.

X Energy, for example, with Centrica in Hartlepool, which obviously has one of our large scale reactors there.

They're now going to build AMRs there, Centrica alongside X Energy's technology.

We have other projects that are in the works.

Again, sometimes they are in nuclear sites.

Uh, and I think we saw the big shift.

So although we saw some of the, uh, the, the smaller, like Humber Gateway, the Centrica facilities in the, uh, early 2010s, it wasn't until, um, a huge investment came, uh, that revitalized the docks that everybody, you know, felt very sad that they'd kind of fallen into disrepair and underuse, and nobody was going there anymore.

A big investment from Orsted, uh, into a brand-new facility changed people's impressions of the kind of places that you could work, the kind of workplaces that were acceptable, modern, um, actually comfortable.

Uh, 'cause some of the other places that I was going to on the docks, the engineering sites, it was, uh, the, it, it was like going into somebody's- ... hoarding shed.

They give a lot of their, their profit away.

Um, similarly in Centrica, um, obviously a much larger organ- larger organization, they are absolutely zero focused on, um, on, in, in volunteering and making sure that their employees volunteer, um, and, and setting that tone from the top.

It comes right down from the, the CEO.

Um, when they are encouraging their employ- when your CEO is telling you you can take paid company time to do this, obviously they then feel good about it.