Member Info for Almostdone

£7million contract has been awarded by Glasgow City Council to two energy companies for the purchase and maintenance of 19 hydrogen fuel powered trucks.

The local authority approved these deals for the 26-ton Hydrogen Fuel Cell Electric RCVs (refuse collection vehicles) with Arcola Energy Limited and Farid Hillend Engineering Limited over a five-year period.

At a recent council meeting it was confirmed that the vehicles were expected to be fully operation by October 2022 with the first truck being delivered to the council at the beginning of January next year.

The Cost of 24 Hour Live In Care In Musselburgh Might Surprise You
LIVE IN CARE | SEARCH ADS
|
SPONSORED
Single in Musselburgh? See who's on Match.
MATCH
|
SPONSORED
by Taboola
Councillor Jim Kavanagh said: “The purchase of 19 trucks for £7 million is a substantial investment from the council.

“I don’t see anything in the report related to costs for a refuelling hydrogen centre. Would it be in each depot and what would be the cost of that.

“What would be the overall cost of the hydrogen refuel centres? There’s no point in having a vehicle if there’s no charging point for it.”

A council officer confirmed the local authority is looking for an interim and fixed term solution for hydrogen. Figures on the exact cost of charging centres were unable to be produced at that committee but will be brought before a future contracts and property meeting.

ADVERTISING

The agreement will begin at the end of the month and will be fully supplied by October 31, 2022, under a phased delivery schedule.

Glasgow City Council is happy to have vehicles delivered from January 2022 as long as they are the right type. At least one truck will be delivered per week.

Councillor Jon Molyneux said: “I just want to make sure that when we are procuring hydrogen we are procuring green hydrogen which is produced using renewable energy and not from any other sources.”

A council officer verified that the tender is from green hydrogen and that the council has assurance that there will be a long-term supply from renewable resources.

Further updates on the situation will be presented to members as and when required.

From the Glasgow Evening Times 16th June

Hydrogen must be the way forward for heavy goods.

1. What is plastic waste?

Plastic waste, or plastic pollution, is ‘the accumulation of plastic objects (e.g.: plastic bottles and much more) in the Earth’s environment that adversely affects wildlife, wildlife habitat, and humans.’

It also refers to the significant amount of plastic that isn’t recycled and ends up in landfill or, in the developing world, thrown into unregulated dump sites. In the UK, for example, over 5 million tonnes of plastic is consumed each year — and yet only 1 quarter of it is recycled.

The three quarters that isn’t recycled enters our environment, polluting our oceans and causing damage to our ecosystem. In less developed countries, the majority of plastic waste eventually ends up in the ocean, meaning that marine animals are especially at risk.

So much of what we consume is made of plastic (such as plastic bottles and food containers) because it’s inexpensive, yet durable. However, plastic is slow to degrade (taking over 400 years or more) due to its chemical structure, which presents a huge challenge.

Reducing plastic consumption and raising awareness about plastic recycling is crucial if we are to overcome the problem of plastic waste and pollution on our planet.

Don’t want to put a downer on all the good news, but there seems to be a problem in getting plastic to be recycled and out of landfill.

Hydrogen produced at Peel L&P’s plastic waste to hydrogen facility at Protos, Cheshire will be delivered to Element 2’s proposed network of hydrogen refuelling stations in the UK.

The duo today (June 30) inked an agreement for the effort which will support Elements 2’s ambitious plans to have 800 hydrogen pumps in the UK by 2027, and 2,000 by 2030.

Under the agreement, Peel will also develop a new hydrogen refuelling station at its Protos site to support heavy-goods vehicles, buses or cars.

Peel hopes to supply up to one tonnes of hydrogen per day at its station,

Commenting on its plans, Richard Barker, Development Director at Peel NRE, part of Peel L&P, said, “Hydrogen is set to play an important role in our journey to net zero, particularly in hard to decarbonise sectors like transport.

Imp for 410314401
“Protos is the first of many planned plastic to hydrogen facilities in the UK and co-locating refuelling stations will help to kick start the infrastructure needed to support the rollout of hydrogen vehicles.”

The plastic to hydrogen facility at Protos is believed to be the first in the UK to use pioneering technology, developed by Powerhouse Energy Group, with Peel NRE planning to roll out the technology across the UK.

There are pumpers and dumpers and there are poopers and scoopers, and yes we know who they are.

This share certainly trades on sentiment and speculation.

Copper Collapses As China Prepares To Dump Surplus Metal In A Repeat Of Its Steel Export Flood
Tim Treadgold
Tim TreadgoldContributor

This article is over 5 years old

What did China gain following its its last dump of copper?

Same again tomorrow please.

Next big leg up for the sector should be around cop 26 conference held in Glasgow beginning of November.

What kind of news are some pi’s wanting?
The Co. has raised funds to sign off deals, and when they are announced some pi’s are moaning. The more deals that are forthcoming more money will have to be raised, until there is sufficient income for future contracts to be financed solely from income.
The sp has been trending down on little news and low volume for some while, anybody jumping ship just now must be selling at a loss unless they purchased last year, and the get rich quick pi’s would surely have sold out at its last high.
Therefore I don’t see the price going down due to a few pi’s selling up.
DP I don’t think has over promised, the rns states 2q 2022 to complete, the other deals to come through will be 2022/23, so no point in moaning, it will all happen in due course.

Up 12.19% at this moment. Must be good for them.

Surging copper prices


But regardless of whether the wider commodities market settles down, it does seem that industrial metals, especially copper and nickel, are set for a sustained rally. The price of copper, an absolutely fundamental metal for green transition technologies – an electric vehicle for example contains five times more copper than a car fitted with an internal combustion engine – has almost doubled in the past year, hitting a record high of $10,460 a tonne last month. The United States Copper index fund and the WisdomTree Copper ETC have recorded 80pc gains in recent months, and China, which consumes half of the world’s copper, has imported nearly 10pc more of the metal than the previous year. The International Energy Agency reports that copper’s market share will have to grow almost sevenfold between 2020 and 2030 if net zero emissions are going to be achieved by 2050.

Prices are being forced up further by supply pressures. Just as demand is surging the copper market is close to peak supply, with big miners curtailing investment in new projects. The industry has dramatically scaled back spending since the last commodity boom, when too many indulged in overpriced deals and over ambitious projects that brought them close to financial ruin. The mining industry has since focused on returning to cash to shareholders through dividends rather than signing off on new projects.

Extract from total commodity solutions

Just got to hang in here. Regardless of jv/takeovers or going to production.
Any of these will be good.

Raise age for sale of cigarettes to 21 and stop ‘tobacco epidemic’, say UK MPs

3 days ago this was being talked of. I think the sp has held up very well considering the longer term view that is being considered for tobacco products.

Seeing Solg and CGP are luvd up, I wonder if there will be any pillow talk prior to any RNS’s being released?

https://www.thisismoney.co.uk/money/markets/article-8560115/From-easyJet-Easy-Power-Stelios-moves-green-energy.html

Extract from the end of the article posted by DBW

Juniors able to advance their projects to the point where a major becomes interested are going to fare very well.

Maybe solg board have read this article.

With head and shoulders, there are no visible flakes from 2 feet.

It’s the speed of change that’s the killer.
The atmosphere has had many changes to its makeup, most species will adapt over time, but not at the rate of change that is progressing just now.

Smoking is not just about nicotine, there is taste, socialising and stress relief.
I personally don’t see a reduction in smoking solely by reducing nicotine.
Banning menthol is just one taste less.
I think some large investors playing the stock, to reduce the sp that quick and by that amount, then buy back in.

Institutional shareholdersTop holdersMovers
Click or tap a row for details
Holder Shares bought Shares held
T. Bailey Fund Services Ltd. -- 466.67m
Henderson Global Investors Ltd. 0.00 / -22.21% 215.52m
Amati Global Investors Ltd. 0.00 / 0.00% 492.67m
Premier Fund Managers Ltd. 0.00 / -26.03% 205.47m
Miton Asset Management Ltd. 0.00 / 0.00% 128.97m
Holder Shares sold Shares held
Premier Fund Managers Ltd. -72.30m / -26.03% 205.47m
Henderson Global Investors Ltd. -61.52m / -22.21% 215.52m
Amati Global Investors Ltd. 0.00 / 0.00% 492.67m
Miton Asset Management Ltd. 0.00 / 0.00% 128.97m
T. Bailey Fund Services Ltd. -- 466.67m
Data from 31 Dec 2020 - 26 Feb 2021Source

Sick as a parrot, comes to mind.

Dated 20th December last year.
Not new news.

I would have thought a ceo would have recruited a block caving expert onto the board.
Solg could also just have hired these specialists in.
No need for the ceo to leave his position........