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Why? What's the relevance to 47 (especially if tries for a 3rd term - I know, I know, let's not go there). Airbus should be focused on what EU is doing and the Chancellor wants airport expansion in UK which can only meet net-zero targets with green aviation solutions.

Contrary to other opinions (glad to see they are alive and well) the stock market is having a minor meltdown in panic over Tariffs and will have the usual hissy fit, run around for a couple of days and then regain all the losses mostly.

While that is going on, the same shares are yet again changing hands taking advantage of the broader panic to drive this price down. If someone were to produce a report, I'd love it to include individually sequenced share certificates and who the holders were before it was traded, rather than taking an aggregate of all trades to make a false premise look true. But I won't hold my breath.

As I think it was Vamosbien posted from the Head of Investor Relations, there is a disconnect between the SP and the company prospects which are positive.

Spicy been MIA since 26th March, I'm getting worried they might be ill? Hopefully just on holiday.

I agree AATH, it is positive for sentiment, but unlikely to move the dial on the SP until some orders flow in. The narrative in the RNS is about sharing knowledge and experience - it isn't immediately indicating to me that orders will flow.

It is good news but I can't get excited until cashburn is eliminated.

As long as it doesn't go up in flames first...

And so the price drops 5% to 27.02 at time of writing - Spicy will be happy...

Yes, it is quite tricky for them. I happen to be here on holiday at the moment, so did some research. There's possibility of an offtake pipeline with Egypt rather than Israel for the Aphrodite field (I think) but even then, the challenge they have is not really any suitable salt caverns for Hydrogen storage, even if they go down the route of solar/hydrogen as an alternative to petrochemicals.

Encouraging, although needs harmony with EU otherwise pushing shipping into UKETS risks the ships unloading at EU ports and then haulage bringing the goods into UK.

That's certainly true. Given how large some of those open cast mines are and how central to the economy, mining is, it will take some effort to change. I'm sure I remember the last PM to try got the boot but I can't remember which one it was.

Just for balance

https://www.theguardian.com/environment/2025/mar/24/green-hydrogen-stalled-australia-government-still-revving-it-up

Green hydrogen has stalled in nearly every corner of Australia. So why is the government still revving it up?

"The green hydrogen revolution wasn’t supposed to go like this. In September, the climate change and energy minister, Chris Bowen, declared Australia “the green hydrogen capital of the world” with “50-plus companies on the ground” and a pipeline of investments worth $200bn.

The nascent industry has been touted as the start of a renewable energy revolution, with more than $8bn in support promised across federal and state governments. But just months on from Bowen’s announcement, several major proposals are either shelved or in serious doubt, prompting the question: is green hydrogen’s race over before it began?

In New South Wales, Origin Energy backed out of plans for a hydrogen hub in the Hunter Valley. In Queensland, the Crisafulli government withdrew $1bn in financial support from the Central Queensland Hydrogen Project, a large-scale hydrogen production, ammonia and export facility near Gladstone. In South Australia, plans for a hydrogen plant at Whyalla were put on ice as the state government reallocated nearly $600m in funding to support the continued operation of the steelworks."

But does go on to say:

"There are good reasons to think some applications for renewable hydrogen will be “doable”, Reed says, but it will take a sustained period of policy and financial support, an enormous amount of new electricity infrastructure, and managing expectations.

“The initial projects will be quite expensive, and the only way you get to cheaper hydrogen is by doing expensive hydrogen and learning along the way.”

We’ve done it before, Reeve says. Australia successfully built a renewable energy industry “out of nothing”, through support for both demand and supply. Now the industry is meeting 40% of electricity generation.

“We did it by accident, but we managed to get a lot of things right to build up that industry,” she says. “So we could do it again.”"

Https://balkangreenenergynews.com/cyprus-plans-to-roll-out-hydrogen-buses-trucks-by-2030/

"The Cypriot government is exploring the possibilities for hydrogen production as a complementary solution for the island state’s energy isolation. The draft strategy until 2030 envisages the first hydrogen buses and trucks.

With the increase in the share of renewable sources in the energy system in Cyprus and their intermittency, energy storage including hydrogen become indispensable, according to Minister of Energy, Commerce and Industry George Papanastasiou. “While advancing on energy storage, we are also simultaneously exploring our hydrogen capabilities as a complementary solution,” he stated, while also saying it’s not just a technical solution “but also a strategic asset” for the country’s energy security.

The ministry’s draft National Hydrogen Strategy is under public consultation until the end of the month. The document envisages pilot use in industrial production processes that require temperatures higher than 400 degrees Celsius as an alternative to petroleum products.

Where electrification of the transportation sector is difficult, hydrogen is proposed as a fuel for heavy vehicles, including buses and trucks, aiming to reduce pollutant emissions. The first such vehicles would be introduced by the end of the decade."

"Green hydrogen production cost seen at EUR 2.62 to EUR 4.4 per kilogram in 2030

The strategy doesn’t provide much detail. The cement industry could supposedly cover up to 10% of its energy needs by 2030 from hydrogen, and expand to 50% by 2050. The ministry sees hydrogen potentially accounting for 4% of total energy consumption in road transportation for trucks and buses by 2030, rising to over 15% by 2050.

In the ambitious scenario, total investment cost is projected to reach EUR 2.4 billion by 2030 and EUR 6.75 billion by 2050. Specific investments through 2030 include EUR 161.5 million for hydrogen buses and trucks, EUR 41.2 million for hydrogen refueling stations and EUR 490.1 million for e-kerosene (ekerosene) production. The conservative scenario sees only minor steps forward by the end of the decade."

"Notably, the calculation in the strategy shows decarbonization with clean hydrogen is less costly than other solutions."

We can certainly agree on that and the need to look at the disconnect between management and operations of utilities

Well that may well be true on the DT, I don't habitually read it so don't know what it has trended towards. I was more saying, I said we needed to triple generating capacity and Milliband agrees according to the DT. Indeed 100 Nuclear plants is very precise (and probably a gross exaggeration but anyway).

Centrally the existing balancing mechanism and calculations are already incredibly complicated and being made more so by the move to market wide HH settlement currently underway - doing 12 zone HH imbalance calculations (when we have 14 GGSP + independent Distributors) is going to be horrendous. I have a big bag of popcorn ready to watch the carnage, as a result of my work, I have a front-row seat. Should be fun.

Https://www.telegraph.co.uk/business/2025/03/23/green-energy-tycoons-go-to-war-over-milibands-net-zero-grid/

All I am going to say - is "that's what I said" go read my first few posts :)

"But, according to Milliband, the shift to heat pumps and electric vehicles will reverse that decline. By 2050, UK demand could reach 700TWh – more than double current levels.

Meeting that demand will mean more than tripling the UK’s generating capacity from its current 116 gigawatts (GW) to more than 400GW.

That increase equates to nearly 100 nuclear power stations the size of Hinkley Point C, currently under construction in Somerset."

and

"But what is zonal pricing? And why do Vince and Jackson care so much?

At the moment, electricity costs are the same across the UK. However, under the proposed new regime, the country would be split into 12 zones – with power prices determined by geographical supply and demand.

Prices would fall for consumers close to energy hubs such as wind farms, but would rise if electricity had to be imported from other zones.

The practical result, say most experts, would be to cut power prices in the North – where there are lots of wind farms – and sharply increase them in the South."

Green Hydrogen as a storage vector and dispatchable power plant fuel source is the only answer. Just need the politicians, civil servants, lobbyists and everyone else to wake up.

Really helpful. Thanks for sharing @Vamosbien

Quite right SatellitePro, or indeed create Hydrogen and use Sabatier to create synthetic fuel to power on-site generators. However, both solutions run up against the "electrify everything" efficiency zealots, who argue it is cheaper and more efficient because of the inefficiencies inherent in Hydrogen production and energy release. They are incapable of factoring in resilience value in their calculations because they inherently underassign probability of an event happening and the impact of the consequence.

I see it all the time in corporate decision making, those highlighting risk and impacts are always shouted down by those who say "where's your evidence X will happen?" or "what's the likelihood of X happening" to dismiss the OPEX/CAPEX outlay to address the risk.

Every year over winter we see Dunkelflaute (no wind or sun) and that is interspersed with stormy weather that damages infrastructure just when people need it, yet the "electrify everything" mob refuse to see the severe consequences they are promoting being laid as foundations in the infrastructure. It is why we never have enough snowploughs or salt for when we get a really hard winter as the cost of maintaining the equipment is seen to outweigh the cost of the negative impact when it happens.

I will always says that Oscar Wilde meant Accountant when he said Cynic - "the cynic knows the cost of everything and the value of nothing"

Couple of stories that are good for showing sentiment to build the market but bad as in not featuring ITM:

Aberdeen, Hydrasun selects NEL, must be a disappointment for the Neptune options.

https://www.h2-view.com/story/hydrasun-selects-2-5mw-nel-electrolyser-for-aberdeen-hydrogen-hub/2123272.article/

Copenhagen Infrastructure Partners, secures AUD 814 Million, $515 Million to develop the 5000 MW site for Murchison in Western Australia, but I think Siemens are in the running for Electrolysers for this, shame for ITM but hopefully it shows traction in WA and the recently licensed products get a footing there in the near (ish) future.

https://fuelcellsworks.com/2025/03/20/green-investment/copenhagen-infrastructure-partners-secures-australian-hydrogen-headstart-funding-strengthening-commitment-to-green-ammonia

56.7 % of the shares are with named investors as I've already told you. That seems pretty large scale investment to me. Plus a few more shares tied up in incentive schemes, I think that means around 2/3 of the float is tied up. There are 11 million shares disclosed as held since the end of last year by other investors in addition to that. Why do more large scale investors need to come in? Who are you looking for?

We have repeatedly agreed that cashburn is the issue and that a few more sizeable orders are required to trigger more interest. But as I've already indicated the buyers that would come in then are not investors, they are speculators and technical traders, that is the question you are asking. I think you know full well that investors are not the type of people who trigger a short squeeze but if you're unsure, I recommend you go and read some Harry Potter to learn about different types of people.

@troublesome, enjoy the garden. Read the books if you get chance, much better than the films and excellent insight into different types of people and what motivates them and why they act the way they do. Useful information to manage a portfolio, if you think about it.

I'm trying to get some Verbascum Thapsus to grow, nurturing a few seedlings at the moment which are almost ready to pot on. There's another analogy in there about investing, now I think about it.

How should I know SpicyTuna? I'm not the one making prediction - as I've said before "Predictions are hard, especially about the future".

Or as Xenophilius Lovegood might have said "they'll be along".

To be honest, though, the most likely buyers in the short to medium term are technical traders who see the pressure the shorts are under, I am sure they are watching and waiting for a significant boost in orders to get close to breakeven/profitability to trigger an opportunity. I wouldn't have thought the shorters would want those buyers coming in, but who knows what they want.