RE: Presentation/Future Progress6 Dec 2019 18:25
Bmac, making things up again I see:
From ITM's board, they have no need to discuss grid issues but here you are:
"
Hi all, new to the board but have been reading since finding out about this share about 2 weeks ago.
I am yet to buy in yet as still doing my research but just wanted to add to what [redacted] is saying about the infrastructure in the electrical distribution network.
I work for the south west DNO and down here we have been told that there isn't any capacity for any major supplys etc to large scale building sites with a lot of property's to be connected. We are able to connect individual new customers but anything substantial won't be allowed ( I wouldn't be surprised to see people with deep pockets get approval though).
We have no capacity out of slot of our primary substations and a fair bit of the 132kv network will need upgrading also to allow for extra capacity but nobody is willing to pay for all of this at the moment!
What I am trying to convey here is that in its current state, as anybody who has any understanding in this stuff will know, is that the electricity supply network in its current state is already redundant just for new house connections let alone large scale charging stations or charge points at everybody's houses. This to me puts Tesla and the whole ev industry down the pan as it's just not viable without huge upgrades and investment.
Due to this I think my money will be better off in tech such as H2 here and hope to join you all in investing a bit of my money in ITM Power.
Good luck all"
And
"Hi [redacted]. Welcome aboard. I just retired from a dno after 40 plus years. Same here, anyone applying for more than 100kva sends ripples of fear through everyone. :-)"
100KVA is nothing in EV charging terms. Please provide proof that they are wrong Bmac, whilst the grid is mandated to provide power, there are physical limitations that are being hit.