Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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ITM ITM POWER firing on all cylinders again.......
https://uk.advfn.com/p.php?pid=legacydaily&epic=L^ITM&type=4&size=3&period=4&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=10&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES
https://content.screencast.com/users/thomaser/folders/Default/media/c5488419-39c5-46d0-ae70-d2efb5246e0e/itm%205.jpg
The good Colonel and I have chatted about this before. Land based turbines tend to be smaller than those at sea (all to do with foundations as opposed to floating rafts with anchors etc, plus of course there is more wind high up and land shear...
certainly there becomes a commercial argument for an electrolyser being affordable for one or a group of such sea based turbines compared to the capital cost of land based ones (with added planning nonsense).
Now the question is, once the politics and the money is sorted, is the technology up to the environment? Mrs Bilbo may not have helped defend the first fisherman (tired and emotional your honour) to crash into a north sea turbine but I'd hate to prosecute the damage of a hydrogen pipeline.
Interesting opportunity for re purposing old oil rigs, and Terminals Could help the big fossil fuel guys minimise stranded assests e.g. oil rig towed to ocean array with a shed load of electrolysers on and connected up to all the turbines then pumping hydrogen back to the mainland.
Big refinery type terminals converted to take shed loads of Hydrogen instead.
But thats probably too progressive.
They need to go for what makes most sense in the long run. Show it can be done , produce a model for the future. All this , maybe not now but when etc. is exactly why the planet is in this mess. Actions now. Pronto. Justification? Schmustification. You can’t count your money under glacial meltwater or when your neighbourhood is on fire. It won’t be worth anything anyway.
Colonel, I guess I meant 'enough justification' rather than 'understanding'. There's obviously not enough justification right now, evidenced by the fact that they do simply shut down the farms instead of choosing to generate something else instead.
The financial model is not quite right yet. They're still getting paid to stop generating, because the excess isn't enough to hurt...but it is enough to consider the next move. I'm not sure at the moment exactly who is driving the wind farm expansion. If it's private companies then I don't think we need worry. But if it's still governments in the driving seat with subsidies and permissions, etc, then we always run the risk that governments make the wrong call and stop expansion once electricity 'capacity' is reached rather than continue on to generate more stuff, i.e. hydrogen.
My latter argument there at least supports the latest news regarding generating hydrogen directly at the turbine and miss out the electricity step altogether. As we know there is already tons of demand for hydrogen in industry - we're not exactly relying on the electricity network for business. Gonna need another factory.
Toneman: "I suspect the mass understanding of the need to produce hydrogen from wind will come when the green energy generating capacity regularly exceeds the typical electricity demand"
I think that mass understanding is already there? Do they not currently shut down farms when their generation capacity is not required? When demand is low? Through the night etc?
It's at these times the farms could be switched to generate Hydrogen.
I've also discussed this before with Bilbo, but I see smaller electrolysers being as likely as the 'substation' approach. Why not put the electrolysers on site with the turbines? They're in far away places, so inherently secure and won't be objected to by the public.
I'd never thought about it before, but like the article mentions, H pipelines are also significantly cheaper than running miles of copper.
Perhaps it will be a mixed picture. Some farms on grid, some off.
ColonelNivlag
It's an interesting suggestion - local hydrogen generation in offshore wind turbines. But two things concern me...
The marine environment is so harsh I wonder if electrolysers are the right technology to be installed in that environment. I'm not sure, but I'm guessing a DC to AC generator/converter is a simpler beast.
And secondly, I suspect the mass understanding of the need to produce hydrogen from wind will come when the green energy generating capacity regularly exceeds the typical electricity demand. That model would seem to still require offshore wind to generate electricity rather than hydrogen, and instead only the excess generation would be converted to hydrogen. That points to a larger 'substation' model of electrolysis rather than the individual local hydrogen generator model proposed by the article.
Maybe the proposal is looking far into the future when we've already got excess green electricity production, in which case why not go straight to hydrogen. I would agree with that philosophy, and it would be great if they think we're close enough to be considering that already.
Great collaboration moving forwards!
https://www.itm-power.com/news/wind-turbine-electrolyser-integraion