Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Maybe but you can't suppress a share when good news lands :)
Is not on the list of shorts but the MMs may well be shorting it in their own manner. The SP is certainly being manipulated for whatever reason and until the manipulation ends we are not going to see a decent price.
2m sell to dissuade significant buying and to keep the SP suppressed!
It takes five minutes to fill a car with petrol. A Tesla is 30 minutes with a supercharger, and that’s to 80% [charged],” Spowers says. “So for a motorway services with 20 petrol pumps, you’d need to replace them with 120 chargers to get the same throughput of cars. Each Tesla charger is 120kW, so that means you’d need a 14.4mW substation – the equivalent of powering 32,000 homes in the UK. Charging one battery car is very easy; filling one hydrogen car is impossible. But as you scale, that situation completely reverses.” from https://www.theguardian.com/technology/2018/jan/20/hydrogen-cars-hugo-spowers-future
...gone below reporting level. More sales to come from him?
I don't know! How about you researching it and get back to me ;)) I'm all researched out and having a glass of wine and some designated survivor on Netflix
Re last post, I think I got the wrong end of the stick......I guess I just don't really understand the process. Ill just watch all the posts for a while until I get me feeble brain around it!
Sorry, I guess I clouded the waters a bit.....everyone else seems really excited especially over on ADVN.
Spud, what would happen to the carbon capture when the salt cavern is full which I would think wouldn't take very long. What do they use CO2 for?.....eventually it must be released back into the atmosphere isn't it? ....if it's feasably useable that would be OK. The only uses I can find are oil extraction and plastics but both of those are trying to be cut down on as far as I can see.
Snowman
They mention salt cavern storage aprox minutes 10-12
Yes they mention possible ammonia storage as an alternative at min 20 for storing hydrogen but you still need salt cavern storage for CCS!.
This is all my speculating on the other possible uses for salt caverns and future potential opportunities for Infrastrata.
Re:- ' https://youtu.be/tP2L7k9Z9Ys ' ....'Salt cavern storage is mentioned !!'.
Blimey Spud, they certainly do mention salt cavern storage at minute number 20.....but they are saying they are doing away with salt cavern storage in favour of ammonia storage!......that is very bad for us isn't it!!!
https://youtu.be/tP2L7k9Z9Ys
Watch the video Snowman and see why I think this could be very interesting for infa, especially where islandmagee is positioned! !
Salt cavern storage is mentioned !!
Next to the coast is mentioned
Spud (or anyone else please)
I'm not trying to be deliberately negative here but there seems to be two MAJOR concerns with using hydrogen as a fuel.
1)Extreme explosive nature to the point of self igniting if freed from confinement.
2) Most Hydrogen comes from within natural gas or water, both processes to produce hydrogen gas expend more energy than is economical.
These two points are shown below.
https://www.resilience.org/stories/2006-01-03/myth-hydrogen-economy/
All free hydrogen generated today is derived from natural gas. So right off the bat we have not managed to escape our dependency on nonrenewable hydrocarbons. This feedstock is steam-treated to strip the hydrogen from the methane molecules. And the steam is produced by boiling water with natural gas. Overall, there is about a 60% energy loss in this process. And, as it is dependent on the availability of natural gas, the price of hydrogen generated in this method will always be a multiple of the price of natural gas.
Ah, but there is an inexhaustible supply of water from which we could derive our hydrogen. However, splitting hydrogen from water requires an even higher energy investment per unit of water (286kJ per mole). All processes of splitting water molecules, including foremost electrolysis and thermal decomposition, require major energy investments, rendering them unprofitable.
https://www.researchgate.net/publication/288039486_The_explosion_characteristics_of_methane_hydrogen_and_their_mixtures_A_computational_study
... In contrast to hydrocarbons, there are no established methods for the assessment of consequences arising from open air explosions in- volving hydrogen. The methods that are used for hydrocarbons, and which generally take partial confinement into consideration, may have limited applicability for hydrogen because, compared to hydrocarbons and several other flammable vapours/gases, hydrogen is much more reactive, has the broadest range of flammability limits (4%-75% v/v in air), requires low ignition energy, and has a negative Joule-Thompson coefficient (Gupta, 2008;Kang et al., 2015;Thomas et al., 2015;Faghih et al., 2016;Klebanoff et al., 2017). All these aspects imply that if leaked from its confinement, hydrogen may self-ignite. ...
Setting you a huge challenge...sorry in advance (I really want to be convinced).....but can you give a basic (trust me...it needs to be basic for me to understand!) rebut to these two problems.
Sorry again for the hassle.
Cont.. H21 North of England comes at a critical time, with growing global interest in the potential of large-scale hydrogen conversion to significantly reduce carbon emissions, create and sustain many high-quality jobs and unlock technological innovation in other industries. As an industry we must unite and work closely with government to understand the pathway that will work best at scale and be the most cost-effective, long-term answer for the UK. Network operators are currently working with the Department for Business, Energy and Industrial Strategy (BEIS) to form a co-ordinated group that can draw on shared knowledge and expertise to enable a policy decision to be made on a hydrogen pathway. Teaming leading engineers and strategists from throughout the energy industry with government has to be the next logical step, because this will enable the development of a co-ordinated strategy in line with policy decision timeline requirements. As experts in our field we must draw on our collective knowledge base to identify the opportunities and understand the improvements that are required, working with government to align with milestones in the policy timeline. Only then will we be able to ensure that decisions can be made in time to achieve the scale of change required to deliver the long-term decarbonisation of heat and the best outcome for the nation’s energy future.
https://utilityweek.co.uk/case-using-hydrogen-decarbonise-heat/ Decarbonising the heat sector is one of the most pressing concerns for the energy industry today. Heating our homes, businesses and industry accounts for nearly half of all energy use in the UK and a third of our carbon emissions. Meeting our target of reducing emissions by at least 80 per cent by 2050 implies decarbonising nearly all heat in buildings and most industrial processes. We now need to lay the groundwork to enable government to make decisions about the long-term future of heat. The demands on our energy infrastructure will change as low-carbon heating technologies take over from fossil fuels, with a greater dependence on low-carbon gases such as hydrogen and biofuels, geothermal energy and electricity. Understanding how we can capitalise on our existing infrastructure to transport, manage and generate energy is vital. Failure to meet our carbon reduction target is not an option and a complete reliance on the electrification of heat, transport and wider power demand is not realistic in terms of cost, capacity or storage potential. The opportunity to repurpose the gas network to transport a zero-carbon gas such as hydrogen could be transformational for heat, making this alternative gas a cornerstone of a diverse and sustainable lower carbon energy mix. The UK government has recognised hydrogen as a key pathway to decarbonising heat and there are currently several significant hydrogen projects under way in the UK testing different scenarios and advocating various approaches. A conversion of the UK gas distribution network to 100 per cent hydrogen is a grand plan but one that will help guarantee the government hits its decarbonisation targets while delivering a new and resilient economy. Pioneering projects such as H21 North of England, led by Northern Gas Networks, in partnership with Cadent and international energy company Equinor, are helping to lay a foundation and vision for government to set its long-term approach to deep decarbonisation of heat. Launching next month, the H21 North of England report presents a detailed engineering solution for converting the gas networks across the north of England to hydrogen, including building a hydrogen production facility that can deliver low-carbon heat for major cities including Leeds, Bradford, Wakefield, Huddersfield, York, Hull, Liverpool, Manchester, Newcastle and Teeside. The report will outline how we can achieve deep decarbonisation of heat by converting around one in five of the UK’s domestic properties from natural gas (methane) to clean hydrogen, representing 85TWh of annual heat demand. It will include details on intra-seasonal hydrogen storage, plans for a carbon capture and storage facility with capacity to sequester up to 20 million tonnes of carbon dioxide a year by 2035 and details on how a hydrogen transmission system can support a hydrogen network. H21 North of England comes a
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=INFA&ArticleCode=ce30ie4p&ArticleHeadline=TR1_NOTIFICATION_OF_MAJOR_INTEREST_IN_SHARES
The share price when he bought was over 4p a share fwiw
Great posts by yourself and Divmad O&W!! Great summaries of the investment case for us all
Eugene failed to notify years ago imo and it only came to light when the new executive team did a thorough spring clean. He Tr1d an over 3% holding on the 30th of September 2014 with a total of 3,159,725 shares.
Could some of these regular sells be from Eugene Whyms still? Reported as going under 3% on September 21st. Who is he/she, anyway?
Delicious schedule, a to e. Centrica or Eon mooted as perfect off-take partners I noticed. GL
https://www.thesun.co.uk/news/7594929/britain-fracking-lancashire-halted-earthquake/
The groundwork has been done here, reinforced by JW's recent push forward. But I think the next leg up in the sp and value recognition, will need:
a) Firm cost estimates from the FEED study, which hopefully come in at or below the indicative amounts.
b) Offtake agreement(s)
c) EU grant aid offer for construction firmed up
d) MOU for equity funding with an industry partner, with agreed debt funding, followed by definitive agreements
e) FID by end June 2019.
So these milestones will stretch over the next 8 months, hopefully, with little or no slippage.
Reproduced with permission from Divmad on the a d v f n bb:
"What does it for me, with Infa:
1. The strategic need for UK and Irish gas storage is compelling, and long lasting
2. The IslandMagee project has received all permitting to proceed to construction
3. There is very significant upside from the current valuation to the indicative NPV
4. There is significant upside from the indicative NPV(20) to NPV(40)
5. The new management has skin in the game, buying at or above current prices
6. The FEED study has EU financial backing and Infa will likely get construction financial assistance in Q1 2019
7. Management is closely associated with individuals representing potential offtake partners
8. Infa's FEED partners are highly respected, experienced industry operators
9. Infa's low share price and valuation stems from historic difficulties and mistakes, creating a period of unawareness/reticence by investors at this transformating opportunity.
10. The project has PCI status in the EU, and UK Treasury backing for the proposed debt element of funding"
And up pops the inevitable 1M plus sell at.55p to deter any possible buyers. How well it works!
http://www.buildersmerchantsnews.co.uk/news/fullstory.php/aid/16436/_93Urgent_94_review_into_the_UK_92s_gas_supply_needed,_say_experts.html