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Pin to quick picksRolls-Royce Share News (RR.)

Share Price Information for Rolls-Royce (RR.)

London Stock Exchange
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Share Price: 431.30
Bid: 431.20
Ask: 431.40
Change: 13.20 (3.16%)
Spread: 0.20 (0.046%)
Open: 418.40
High: 431.30
Low: 417.70
Prev. Close: 418.10
RR. Live PriceLast checked at -

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Airbus develops fuel-cell engine for hydrogen plane

Wed, 30th Nov 2022 12:16

TOULOUSE, France, Nov 30 (Reuters) - Airbus has started developing a fuel-cell engine, it said on Wednesday, sticking with plans to introduce a hydrogen-powered commercial aircraft by 2035.

The system is one of several options being considered for a potential zero-emission aircaft based on hydrogen, Airbus said.

It is the first time the world's largest planemaker has branched out directly into developing engine technology, but zero-emission project head Glenn Llewellyn said it would not necessarily go it alone if the system ended up being deployed.

Jet engine makers Rolls-Royce, General Electric , Safran and Pratt & Whitney are among its biggest suppliers.

Fuel cells use hydrogen to generate electricity for electric powerplants. An alternative approach based on combusting liquid hydrogen in more conventional jet engines depends on heavy cooling in larger and heavier tanks.

Rival Boeing has voiced scepticism about the commercial feasibility of hydrogen in aviation, but Airbus said it was pushing ahead with the goal, which it says is part of a mix of measures and which has drawn political support in Europe.

"All of us are dead-set on making zero-emission aircraft a reality," Llewellyn said.

Airbus also renewed calls for a sharp increase in the availability of Sustainable Aviation Fuel (SAF) which many experts say represents the most promising path to curbing emissions in the near term.

Airbus is aiming for a 100-seater "zero-E" plane, sitting below its current portfolio starting at 110 seats, and has said it is looking at various shapes and designs for propulsion.

But it ruled out pressing ahead with a distinctive blended-wing-body shape which has featured in earlier presentations alongside a conventional "tube and wing" shape or a turboprop.

Airbus will start ground and flight testing fuel-cell architecture towards the middle of the decade, the company said during a two-day sustainability event. (Reporting by Tim Hepher; Editing by Kirsten Donovan)

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27 Sep 2023 07:14

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26 Sep 2023 10:36

Rolls-Royce and EasyJet reach key milestone in development of hydrogen-powered engines

(Sharecast News) - Rolls-Royce and EasyJet achieved a new milestone in their combined efforts to develop hydrogen-fueled engines.

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25 Sep 2023 13:03

Rolls-Royce and easyJet progress with jet engine running on hydrogen

(Alliance News) - Jet engine maker Rolls-Royce Holdings PLC and airline partner easyJet PLC on Monday said their effort to build an aero engine that runs on green hydrogen achieved a milestone.

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17 Sep 2023 22:39

Sunday newspaper round-up: Labour, British Land, Rolls-Royce

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5 Sep 2023 11:49

Airbus, easyJet, Rolls-Royce join forces in UK on hydrogen-powered flying

LONDON, Sept 5 (Reuters) - Airbus, easyJet and Rolls-Royce have joined forces to try to position Britain at the forefront of hydrogen-powered aviation as the industry plots its course to decarbonisation.

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24 Aug 2023 09:15

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(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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7 Aug 2023 16:52

LONDON MARKET CLOSE: Downbeat start to inflation-focused week

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7 Aug 2023 09:14

LONDON BROKER RATINGS: JPMorgan lifts Rolls-Royce; RBC cuts Unite

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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LONDON BRIEFING: Clarkson backs outlook; Card Factory upbeat

(Alliance News) - Stocks in London are expected to open lower on Monday, with markets seeing little reason to head higher in a quiet start to the week.

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6 Aug 2023 15:30

Sunday newspaper round-up: Battery Technologies, Rolls Royce, Energy bills

(Sharecast News) - Britain needs to invest in key battery technologies in order to avoid becoming dependent on countries like China in the energy transition, the head of the Faraday Institution said. The country required "sovereign capabilities" and its own supply chains, she said. Her remarks followed Tata's announcement that it would construct a £4bn battery gigafactory in Sommerset after securing £500m of subsidies from the government. - Sunday Telegraph

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