Member Info for Dmac1966

So there is a company in Japan - Metaplanet, a hotel company - that has become a Bitcoin proxy and very very small equivalent of microstrategy. It borrows money and buys bitcoin. I can’t buy Bitcoin through IG, only professional traders can, and am therefore looking for bitcoin proxy companies. I imagine other small investors in the UK could be in a similar situation. This has no doubt been noticed and Cykel are getting first mover advantage perhaps.

Think it could be the other way around I.e this relates more to Bitcoin. Senators with connections to Trump have been buying the Bitcoin ETF. Perhaps the word is out of an imminent announcement on a US Bitcoin strategic reserve. We will see. Either way £750000 even if it 5 bags is not materially significant to the business. If they are making cash flow and also investing in Bitcoin, like microstrategy, then that may be of interest to the market. Again all speculation.

Https://www.bmwk.de/Redaktion/EN/Downloads/U/uk-germany-joint-feasibility-study-on-the-trade-of-hydrogen.pdf?__blob=publicationFile&v=9

If you’ve nothing better to do with your bank holiday weekend.

Https://uk.rwe.com/innovation/hydrogen/

https://www.scottishpower.com/pages/hydrogen.aspx Felixstowe whitelees

https://www.edf-re.uk/what-we-do/hydrogen/

https://www.hygenenergy.com/hygen-energy-announces-strategic-partnership-to-drive-industry-growth/

Uniper we know.

Looking at the HAR2 projects, ITM seem to have a relationship with a few re RES, Scottishpower, Hygen, Uniper and EDF/ Hynamics. Not so much with Green Cat, Lhyfe and MorGen. Also still a bit unsure that we are lined up for Kintore, as don’t get the talk of fabrication of the electrolysers being planned for Aberdeenshire?

Https://www.h2inframap.eu/

Possible largest Green Hydrogen Projects Europe/Uk excluding Finland. Any others?

1. HyDeal España (Spain) – 7,400 MW
Consortium (ArcelorMittal, Fertiberia), 330,000 tonnes/year, solar-powered, 2026.

2. AquaVentus (Germany) – 5,000 MW (10,000 MW by 2035)
Consortium (RWE, Shell), 1 million tonnes/year, offshore wind, 2035.

3. NortH2 (Netherlands) – ~4,000 MW (10,000 MW by 2040)
Consortium (Shell, Equinor), 800,000 tonnes/year, offshore wind, 2026 FID.

4. Kintore Hydrogen (UK) – 3,000 MW
Statera Energy, 200,000 tonnes/year, wind-powered, 2028–2030s.

5. BrintØ Green Hydrogen Island (Denmark) – ~1,000 MW
Copenhagen Infrastructure Partners, 1 million tonnes/year, wind, 2028.

6. Esbjerg Green Hydrogen (Denmark) – 1,000 MW
MorGen Energy (Trafigura), offshore wind, planning phase.

7. Teesside Green Hydrogen Phase 2 (UK) – 450–470 MW
EDF Renewables UK/Hynamics, scalable to >500 MW, wind/solar, pre-2030.

8. Pembroke Green Hydrogen Phase 1 & 2 (UK) – 310 MW
RWE, 110 MW (Phase 1) + 200 MW (Phase 2), 2027–late 2020s.

9. Grangemouth Green Hydrogen (UK) – 200 MW (potential 600 MW)
RWE, 3.6 tonnes/hour, INEOS, 2029.

10. REFHYNE II (Germany) – 100 MW
Shell, ITM Power, EU-funded, refinery, 2027.

The UK’s 18 GW pipeline and EU’s REPowerEU drive.

Had already checked out Fortescue. They remain very interested in green hydrogen but now more for green steel. Green hydrogen in Oz did seem to be less viable, but sure locally there will be opportunities with their solar/ wind capacity. Not sure that they have huge industrial needs??

Scotland is estimated to have an excess 40GW by 2035, with 15 to 20GW available. The two options for the hydrogen pipeline from Grangemouth to Teeside run past significant onshore/ offshore wind farms and substations analogous to Kintore. The hydrogen pipeline from NE Scotland to Grangemouth may have similar opportunities for green hydrogen production and transportation south.

The green hydrogen transition is not uniformly slowing globally but faces uneven progress due to economic, technical, and policy challenges. High production costs (€2–6/kg vs. €1–2/kg for grey hydrogen), limited infrastructure (~5,000 km of pipelines), and slow policy implementation create perceptions of a slowdown. For instance, the EU’s 40 GW electrolyzer target by 2030 lags, with only 2.7 GW expected by 2025. Demand in new sectors like steel and shipping remains low, and developing nations struggle with funding. However, momentum persists: global investments may hit $300 billion by 2030, and 320 demonstration projects (~200 MW capacity) are underway. Electrolyzer costs could drop 50% by 2030, and trade in hydrogen derivatives is emerging.

Leading countries include:

1. China: Dominates with 1.2 GW of electrolyzer capacity (50% of global total), driven by projects like Xinjiang’s 44 kt/year facility and vast renewable resources.

2. Saudi Arabia: Hosts the Neom project (200 kt/year by 2026), leveraging solar and export infrastructure.

3. EU: Targets 20 Mt of green hydrogen by 2030, with Germany, France, and Sweden advancing pipelines and electrolyzers.

4. United States: Accelerated by the Inflation Reduction Act, with major projects in California and Texas.

5. United Kingdom: Aims for 1 GW capacity, supported by a Low-Carbon Hydrogen Standard.

Emerging players like Australia, Chile, and Morocco focus on exports, with Chile targeting

Https://map.gassco.eu/map

I wasn’t aware and since I haven’t heard it mentioned here but are people aware of Project Union.

Nice that it all ties together generation, transportation, use in industry and for energy, storage in salt caverns and transit from Norfolk to Europe.

https://www.nationalgas.com/future-energy/hydrogen/project-union

Conclusion

The 17–33 Kintore-sized projects (50–100 GW electrolyzers) are needed by 2050 to deliver 150–276 TWh (4.5–8.3 Mt) of green hydrogen, 50–75% of the UK’s 250–460 TWh hydrogen demand. Deployment starts with 1–2 projects by 2030 (e.g., Kintore’s 500 MW by 2028), scaling to 7–13 by 2040 and 17–33 by 2050, supported by Project Union and £500 million in subsidies. Commercial drivers include £1 billion investment and industrial demand, while political drivers encompass net-zero, job creation, and energy security. Challenges include scaling renewables, infrastructure, and costs (LCOH £3–5/kg now, £1.75–3/kg by 2050), but the timeline aligns with the UK’s hydrogen economy vision.

UK-Based Competitors to Cykel AI (Recruitment, Sales, Research)

1. Gini Talent (UK)

• Field: Recruitment

• AI Agents: Automates candidate matching from 400,000+ profiles, job posting, and shortlisting. Plans diversity-focused agents to reduce bias and conversational AI for nurturing.

2. Publica (London)

• Field: Sales (Adtech)

• AI Agents: Elea automates ad placement and performance predictions for TV advertising. Developing agents for buyer behavior prediction and CRM-integrated outreach.

3. Halfspace (UK)

• Field: Research (Analytics)

• AI Agents: Automates market research and competitive intelligence, integrating with AWS and Power BI. Plans generative AI for report generation and predictive analytics.

4. PatSnap (London)

• Field: Research (IP Intelligence)

• AI Agents: Automates patent searches and competitive analysis using NLP. Developing agents for real-time IP monitoring and competitor benchmarking.

Cykel AI’s Competitive Advantages

Cykel AI’s AI agents (e.g., Lucy for recruitment) excel in recruitment, sales, and research automation:

• Tailored Agents: Purpose-built for specific tasks, delivering 5-10x output vs. manual methods, unlike Gini Talent’s broader approach.

• No-Code Access: Browser-based, user-friendly agents vs. Halfspace’s technical platforms.

• Integrations: Connects with 1,000+ apps (Salesforce, LinkedIn), surpassing Publica’s niche focus.

• Affordable: $1.63/day for recruitment agents, ideal for SMEs, unlike PatSnap’s R&D focus.

• Competitive Intelligence: Fast, autonomous research, more accessible than PatSnap’s tools.

• Scalability: “Create Once, Deploy Anywhere” for global use.

• Financial Backing: £750,000 raised in 2024 as a public company.

• Ethical AI: Bias-reducing, transparent agents align with market trends.

Despite a £4.0m H1 2024 loss, Cykel AI’s client interest signals growth.

I would think everyone on this thread knows Toffers is a women. Let’s be polite and factual, less aggression.

Below is a list of UK-based competitors operating in the same fields (recruitment, sales, and research) with their proposed or existing AI agents, followed by an updated analysis of Cykel AI’s competitive advantages, incorporating the focus on AI agents.

UK-Based Competitors in Recruitment, Sales, and Research with Proposed AI Agents

1. Beamery (London, UK)

• Field: Recruitment

• AI Agent Offering: Beamery’s Talent Operating System includes AI-driven agents for talent acquisition, engagement, and retention. These agents automate candidate sourcing, personalize recruitment processes, and use predictive analytics to identify future hiring needs. Their AI agents, such as chatbots and recommendation engines, engage candidates and match them to roles based on skills and preferences.

• Proposed AI Agents: Beamery is developing advanced AI agents for internal mobility, matching existing employees to new roles using skills-based algorithms, and enhancing candidate experience with hyper-personalized outreach.

2. Harnham (Wimbledon, England)

• Field: Recruitment (Data & AI)

• AI Agent Offering: Harnham specializes in recruiting for AI and data science roles but also uses AI agents to streamline its recruitment process. Their AI tools include candidate screening agents that analyze resumes for technical skills (e.g., Python, TensorFlow) and chatbots for initial candidate engagement.

• Proposed AI Agents: Harnham is exploring AI agents for predictive hiring analytics, such as assessing candidate cultural fit and long-term retention potential, and plans to integrate generative AI for automated job description optimization.

3. XEC Recruitment (UK-based, specific location not specified)

• Field: Recruitment (AI & Technology)

• AI Agent Offering: XEC Recruitment employs AI agents for targeted talent sourcing, candidate screening, and onboarding support. Their agents automate resume matching and use natural language processing (NLP) to align candidate profiles with job requirements.

• Proposed AI Agents: XEC is developing AI agents to enhance candidate pipeline management, including proactive outreach to passive candidates and real-time feedback during interviews, leveraging large language models (LLMs).

4. Gini Talent (UK-based, specific location not specified)

• Field: Recruitment (Multiple Sectors)

• AI Agent Offering: Gini Talent uses AI agents to match candidates from a database of over 400,000 profiles to various job types. Their agents automate job posting distribution and candidate shortlisting using advanced algorithms.

• Proposed AI Agents: Gini Talent is working on AI agents for diversity-focused recruitment, analyzing c

Why would you sell now. Going to say, that’s a chart breakout - 50 day MA turned up, high volume etc, and institutions buy on chart breakouts. Likely cash flow positive. Increasing (rapidly?) order book. Top Uk manufacturing company in the FT a respected financial journal. Shorts in place. And as noted below numerous opportunities coming. And the hydrogen ETF has also broken out, so hydrogen looks to be back in favour in financial markets generally and in the wider industrial marketplace. No ridiculous share price predictions please (keep them to yourselves). Looks positive. Ride your winners.

The 500MW 2024 reservation is unlikely to be Kintore. Good news I think potentially. The reservation was for 2MW skid mounted or 5MW containerised solutions. It’s probably an oil/ gas major or such as BASF type companies.

Worley who did the FEED for Kintore have a relationship with Siemens Energy. Though as with all these things the relationship does not guarantee award. Sure ITM Sales are chasing the work! There is mention of fabrication of electrolysers in Aberdeen. No idea why this would be required, any insights from those in the know appreciated.

The MESH H2 project, spearheaded by East Point Energy, is poised to become the United Kingdom’s largest green hydrogen initiative, boasting a planned capacity of 640MW (2.8TWh) and positioning it as a cornerstone of the UK’s decarbonization strategy. Unlike traditional single-site projects, MESH H2 adopts a distributed approach, with production facilities planned across multiple sites throughout the UK, though specific locations remain undisclosed in available sources, such as the X post by @Belcourtoi (May 6, 2025). The project’s ambitious scale and multi-site model suggest strategic placement near renewable energy sources, such as offshore wind farms in the North Sea or solar installations in southern England, to power its electrolytic hydrogen production. Additionally, MESH H2’s integration with salt caverns for hydrogen storage is critical, leveraging the UK’s geological assets to manage renewable energy intermittency and meet industrial and transport demand. The three regions with suitable salt deposits are East Yorkshire and Humber, South Dorset, and the Cheshire Basin. East Yorkshire is the most probable storage location, holding over 70% of the UK’s 2150 TWh theoretical hydrogen storage capacity and aligning with the Humber industrial cluster, a hub for projects like Humber H2ub®. South Dorset, near Weymouth, is another strong candidate, supported by UK Energy Storage’s 10 TWh cavern project and proximity to the Solent Cluster’s renewable energy. The Cheshire Basin, while viable, is less likely due to smaller capacity but remains relevant with projects like HyKeuper. The lack of precise site data reflects MESH H2’s early planning stage, with further clarity expected as the project advances toward its 2030 target.

Below is a list of the top ten UK green hydrogen projects above 50 MW where ITM Power, a leading UK manufacturer of proton exchange membrane (PEM) electrolysers, is either confirmed or likely to be involved, based on their partnerships, prior collaborations, and market position.

Top Ten UK Green Hydrogen Projects (>50 MW) with ITM Power Involvement

1. MESH-H2 (Irish Sea) – EnergyPathways PLC, 640 MW. Grid-scale hydrogen. Operational 2027. Unlikely ITM role; unspecified suppliers.

2. Kintore (Aberdeenshire) – Statera, 500 MW. Industrial/transport. Operational ~2026–2028. Potential ITM role; UK alignment favors ITM (source: ).

3. Wilton Green Hydrogen (Teesside) – RWE, 260 MW. Industrial decarbonization. Operational late 2020s. Likely ITM role; RWE’s prior ITM collaboration (e.g., Lingen pilot) (source: ).

4. Grangemouth (Scotland) – RWE, 200 MW (to 600 MW). Supplies INEOS. Operational 2029. Likely ITM role; RWE supplier shortlist (source: ).

5. Humber H2ub (Humber) – Uniper, 120 MW (to 200 MW). HAR2, industrial. Operational 2029. Confirmed ITM role; six 20 MW Poseidon modules (source:).

6. Fawley (Hampshire) – Hynamics/ExxonMobil, 120 MW. Refinery decarbonization, HAR2. Operational ~2027–2029. Potential ITM role; Hynamics’ ITM tie in Tees Green Hydrogen (source:).

7. Pembroke (Wales) – RWE, 110 MW (to GW-scale). Local industry. Operational late 2020s. Likely ITM role; RWE collaboration (source: ).

8. Kemsley (Kent) – Lhyfe, 80 MW. HAR2, industrial. Operational post-2027. Unlikely ITM role; Lhyfe’s European suppliers.

9. Green Hydrogen for Glasgow (Scotland) – ScottishPower, 80 MW. HAR2, Whitelee. Operational late 2020s. Potential ITM role; ScottishPower’s HAR2 ties (source: ).

10. Green Hydrogen for Scotland – Shell/Linde/ITM, 60 MW. HAR2, multi-sector. Operational late 2020s. Confirmed ITM role; ITM as partner (source: ).

Notes: Total ~2.11 GW. Cromarty (speculative 100 MW, 10.6 MW now) excluded due to no ITM involvement. ITM’s confirmed roles in Humber and Scotland projects, likely RWE partnerships, and Hynamics’ Tees Green Hydrogen tie (7.5 MW, not top ten) highlight its UK dominance. Sources: DESNZ, Energy Voice, X posts.

Teeside Too:

Https://ukhea.co.uk/uk-hydrogen-project-map/