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3 days ago
Today, I gladly accepted the invitation to join the signing of the UK German Energy and Climate Partnership in London.
Just a month after the two countries announced a hydrogen partnership, today Robert Habeck, Germany’s Vice Chancellor and Minister of Economic Affairs and Climate Action, and Claire Coutinho, UK’s Secretary of State for the Department for Energy Security and Net Zero, signed this important collaboration between the two largest economies in Europe.
In the following roundtable discussion between the two governments and industry representatives, I re-emphasised the need for both pace and proactive investments into hydrogen infrastructure, mainly pipelines both in-country and cross-border. Pipelines will be an important enabler to unlock and accelerate green hydrogen investments - as pipelines will connect (large-scale) hydrogen producers with decentralised offtakers. This will relieve investment cases of the current need to find a sufficient number of regional offtakers in direct proximity to the hydrogen production plant prior to an investment decision.
The Energy and Climate Partnership sees both countries commit to:
* enhance cooperation in renewables, notably offshore wind and electricity interconnection, to remove regulatory barriers and accelerate deployment of offshore hybrid projects
* share industry knowledge and expertise to improve the exploration of carbon capture, utilisation and storage, including the cross-border transport of CO2
* strengthen and promote regional and global energy security, including discussions on winter preparedness, security of infrastructure and supply chains
* share best practices and lessons learned on industrial, buildings and heat decarbonisation, energy efficiency and net zero policies and strategies
Do I trust Norway with Ammonia....
possibly
Do I trust a Rus-Chinese backstreet shipping company to not leak Ammonia....
no way
Hybrid flight, yes I like the idea as do others
https://mediacentre.easyjet.com/story/13481/easyJet-and-Airbus-sign-hybrid-and-electric-aircraft-research-agreement
As another failed Oxford student with a £25 Masters degree, I suppose I ought to sympathise with her......
me too
Claire is another of these failed Oxford students. She got a degree in Philosphy and Maths (order is important) which, for £25, became a Masters. This means she doesn't have to say what grade it was, so we can assume a third.
Basically another Thick Liz, who moved into corporate BS for KPMG, because of her contacts, before becoming an MP. Strong supporter of helping Brexit from the inside.
The fed has stated it will not raise interest rates.
Fear about this has been holding all stocks down, many of ITM's customer base are often bondish in character hence interest rates are especially significant
Yes no need to rns as they have telegraphed this all over the place multiple times. Not to say this is not an important formal stage and is really very sad as it shows how far the UK is from being a "world leader on renewable energy" as the present idiots say. Dennis has done everything he reasonably can to point out that he could not put this tech centre in the UK and further to point out that the next factory will not be in the UK.
It is hard to know how many industrial strategies the UK has had in the last 10 years, roughly I make it 6. How one earth our industries are supposed to keep I don't know. I see that our manufacturing industries are now some of the most productive going but this ducking and diving must have built up some incredible muscles for change
Starting to clear some cash at 65p got to be good value
The DTs is behind the time a little. In the US this subject has been pretty much alive for some months now and there the industry is beginning to develop tools (theoretical and practical) to value the life left in the batteries. To the Brits in the DT this is a problem, to Americans this is a business opportunity... says it all.
SHell and ITM didn't grab market share because there was no market to grab. UK government failed to ignite the market and the financial case (pay a lot of a mid-range family car) was never made. Since the UK government did not subsidise H2 (like it does petrol, diesel etc etc) it was never going to happen. Selling Motive was obvious from 12 months back and something Graham should have done.
As a reminder the company still employs the same Chairman who got us into this market. If he had some "b@@@s" he would resign.
It is interesting that some people are still selling at 65p....Logically this is a good point to buy
I woke to radio 4 telling me we were at war.....
The market system crashed last night...
The middle east is boiling up.
Just about all my shares are down apart from military
I suspect Dennis is not responsible for this
The Council of the European Union has adopted the new Renewables Energy Directive (RED), which requires industry to increase the use of renewable energy annually by 1.6%. Member states agreed that 42% of hydrogen used in industry should come from renewable fuels of non-biological origin (RFNBOs) by 2030, and 60% by 2035. As a next step, the directive will now be turned into legislation at state level.
This adoption sets the stage for a massively growing deployment of large-scale electrolysis plants across the continent and the world. Regions with surplus renewable resources are likely to view Europe as a key export market for green hydrogen. This will be pivotal for the hydrogen economy to take off, and it is a demonstration of how legislation can catalyse markets.
thanks for the link to the article. given the battery plant fiasco you would have thought that we could learn our lesson. but i guess if you believe "the market will guide us" then you end up with **** railways, water and general businesses.....
If all it does is knock the shorters back a bit it will buoy the price a bit
Ceres don't have products, they have technology. Their partner businesses have the products and pay a fee.
Unless they have had a major change of strategy....
A little odd, they used to have agents in the US (what are called "hunting dogs") and they quoted some car fueling stations. I thought they also had a head of sales for the US, but maybe my memory fails me.
Investing in an asset light sales team will not work unless they piggyback on Linde resources. The US is cutting back on European maintenance teams turning up and fixing kit in US. Plus of course the US is a big place he needs to choose a base and develop from there.
Still, at least we know it is on the radar.
A "Mild Hybrid" for those who only sort of think climate change might be an issue.
Still, as long as they add their eyeliner straight I guess we have to call them adults
A diesel car (amazing the the Mail isn't calling for their ban)