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Yes, back over 7 (AGAIN!!) how many times will we see these measly responses to RNSs before the market recognises the potential of this promising little company? Lots of orders coming in and lots of different projects. G
'Johnson-Matthey'
Johnson Matthew highlight importance and future of hydrogen this morning
Hydrogen will be key in achieving net zero and is a fast growing market
Addressing climate change remains an urgent priority. Across the globe commitments to net zero are accelerating with 53% of the world's GDP committing to net zero targets by 2050, up from 16% a year ago. As demand for cleaner energy increases, achieving net zero will require fundamental changes across our energy supply chain. Hydrogen will play a key role as it helps to decarbonise energy and transportation, and the opportunity is significant. We are seeing increasing momentum with recent policy announcements in many countries and regions including Germany, France, South Korea and the European Union, promoting greater adoption of hydrogen.
TP, through its hydrogen expertise alone, is becoming a very tasty morsel for the likes of BP, Shell, JM as they gobble up capabilities to diversify.
It's developing existing technology so not too cash or time consuming. Does any body know the relative merits of us and Alstom? If we don't then we will have to wait and see.
One interesting point for me is the relative compactness of our offering which makes it extremely mobile. All we will need is a long wander lead and we can refuel on the hoof!
Was hoping for a more positive outcome today
surprised In relation to your 07.55 post to enhance shareholder value TPG needs as others have said to generate revenues AND profits. At present it seems to be doing the first but not the second. This agreement does nothing to change this.
Hi stokey12, it's not an income generator as you say, unlike yesterdays rns, however, it's another step on the hydrogen path etc
Surprised thanks for your 07.25 post. This is a non revenue generating RNS and as far as the UK is concerned they are behind Alstom the train builder who is already deploying Hydrogen trains in Germany and are awaiting the order from the DfT to deploy in the UK. I do not see how this will generate anything in the short term.
https://twitter.com/surprised_trade/status/1306478117586956288
https://www.investegate.co.uk/tp-group-plc--tpg-/rns/hydrogen-fuelling-partnership-agreement/202009170700062277Z/