Semmel
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https://x.com/dinosaurman1/status/1938553665536868648?s=46
View attachment 87743
@Semmel this is why I'm expecting FID won't come soon. Also the EU just passed legislation this week allowing state aid for green Net Zero Industry projects. Ebba Busch was also talking up spending of 3.5% of GDP on military, and an additional 1.5% on military support (I'm reading it as things like battery materials for example).
I think rushing FID through now will be missing out on some potentially fantastic financing opportunism.
Nice.. but I don't think it matters much for the FID. Knowing how fast the EU is with actually granting any of that money.. it's going to take months before we can even apply. Then it will be checked for half a year at least. So if we were to wait for this, we would get FID towards end of next year.. if we are lucky. It's relevant for the expansion but for the current project, I don't think so.