George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I'll point you at a few promising punts (they're no more than that, so DYOR).
PHE, PPS, TRX & IKA
M
Crashbc, I'm happy to chat if you need to talk, don't do anything daft, it's only money.
In case he doesn't see these responses, suggest everyone reports his post and ask LSE reach out. They'll have his email address.
Bit of an odd one:
"Thüga Group's Power-to-Gas plant officially commissioned and operational"
https://www.itm-power.com/press/news-announcements
It's just out but has 2014 dates stamped all over it, sounds like this is it fully operational.
Bit of digging, looks like on site electrolysis with a fuel cell for re-electrification is already being trialled. https://hydrogeneurope.eu/project/haeolus
Surely this approach is preferable over large scale deployments? Each site is self sufficient. IMO this actually increases security, energy generation actually becomes harder to disrupt due to the distributed nature and general inaccessibility of the wind farms.
Feels easily achievable to me.
Col
Bilbo, when I suggested storing the H on site with the wind farm, I didn't envisage it being put into the gas grid at that point. It would be stored locally and converted back to electricity when needed, on site. So each farm has its own electrolysis, gas storage, and conversion stack?
I have nothing to back any of this up, would be interesting to know how ITM themselves see this panning out. If anyone will know it's them!
Col
Good points Bilbo, as ever.
Personally, I don't think there's going to be a mad rush to store hydrogen in compressed tanks above land. Getting to 20% in the national grid alone will be a huge challenge?
So that's the short term goal, a 20% mix in the grid followed by a national rollout for vehicle fueling. Meeting that demand alone is huge.
There are currently ~10K onshore wind turbines, is it really that far fetched to imagine each one of these having a container for the electrolyser and a second for storage next to it? Doesn't feel like a big step to me and no one would care due to the location of the farms.
Col
100% agree with KaiSharp, I'm always amazed when people tell me they're overpaying on their mortgage & are desperate to pay it off. For me, you're much better off spending that money now, enjoying it while you have your health, what is a few years off the mortgage?
Better to build the capital in to as big a pot as possible with the aim of quitting the rat race asap. :)
M
Taskmaster, perhaps a misunderstanding on my part. I took from your posts that you were suggesting renewables were in someway a competitor to H? When of course they're not. They're complimentary, particularly in the area of energy storage. Unused generation (through the night) can be converted to Hydrogen and thus easily stored.
Not sure if you got this or not. No harm in repeating it though :)
Taskmatser, I think you're missing the energy storage point. That's what ITM is about... Energy storage. Solar and wind can't solve this.
ITM get a mention:
https://www.greentechmedia.com/articles/read/shell-exploring-worlds-largest-green-hydrogen-project
I'm red across all sectors, have been for days. I suspect people are ditching the riskier stocks for safer ground?
'alkaline' doesn't sound like an ITM unit unfortunately.
Love this company! Game changing.
https://amp.ft.com/content/fdd5b24e-51c0-11ea-8841-482eed0038b1?__twitter_impression=true
Remember that 49% of the world's professional fund managers perform worse than average.... it's all down to luck Pauly! :)
Not sure a fuel cell will ever match the power density of OH cables? i.e. the 17,000 KW you need to run a bullet train? According to: https://www.fuelcellenergy.com/products/#SureSource4000 a 3700KW fuel cell configuration needs 10,000 square feet :)
CN
Congrats PaulyC, I too have been in as long and have thought about cashing in a lot these last few days. Can't quite pay the mortgage off... About 70% of it, though.
I sliced off 5% at 4.00 and invested elsewhere.
I'm in this for the long term, sure, it might drop to a quid. But I've believed since 2008 that the potential here is massive and I still belive it now. In 10 years fuel cells will be everywhere, your boiler, your car, the bus, train and tram you commute in. They'll be in data centres and ships, as backup power for telecoms and as generators on building sites... The list goes on and on.
CWR can put their IP into all these...
Sure, IP might be worthless and ill be crying over this message in a few years.
Or... I'll see you all at the £10 party in a few years. Haha
I'm long, 10 years till 50...see where we are then.
Hope you all dived over there and bought yesterday! On a serious note, more good news for the H story. Seems investors are clamoring to get on board anything related!
Here comes the retrace, this is going to be sore!
For those of you convinced by the potential of H, you might want to go and have a look at PHE. Good RNS this AM and the share price is on the march.
CN