Member Info for jimb2

Https://hydrogen-central.com/germany-cuts-funds-for-hydrogen-in-new-budget/

Not a bleak as it might appear, ITM are making the right business transformation IMHO to overcome any government shortfalls?

Germany’s national hydrogen strategy, from 2023, targets 10GW of installed electrolyser capacity by 2030. But key measures outlined in the strategy, such as planned support for ‘system-serving’ electrolysers and offshore electrolysis, have not been launched and are years behind schedule. *The budget document says these programmes are to be launched this year*, but does not specify future funding allocations for them.

Just over 1GW of electrolysis capacity in Germany has reached a final investment decision. Industry body Hydrogen Europe in 2024 estimated that Germany would not even reach half of the 10GW target by 2030, even in an optimistic scenario.

Thanks for the LinkedIn comments @breakofdawn, very encouraging

@JeffMills,

"I know they’ve said this isn’t aimed at refuelling stations — fair enough — but you catch my drift. The maths still shows what even a handful of contracted Neptune V deployments could mean for recurring revenue and the share price. Staggering"

I agree 100%,

Low lying fruit, existing Linde customers and pipeline prospects seem to be the obvious target, this could see news on a regular basis and very soon:

Hydropulse is not pursuing merchant hydrogen markets, logistics, or speculative refuelling infrastructure. Our focused approach ensures risk is contained and **returns are tied to real industrial use cases with dependable demand**

Initial projects are already under development and will be announced as they mature towards FID

All ties in:

Jürgen brings deep industrial expertise and a strong track record in the global hydrogen sector and the wider industrial gases industry. Up until May this year, Jürgen served as CEO of Linde Engineering and as a member of Linde PLC's Executive Leadership Team. Before that, he held various senior executive positions within Linde's Gases and Forklift division in Germany, the US and the Czech Republic. His extensive experience in large-scale engineering and the international markets aligns strongly with ITM's strategy to further scale and commercialise its technology.

####

Dennis Schulz, CEO, commented, "Jürgen's appointment as Chair signals our ambition. He brings sharp strategic instinct and industry depth. His experience and customer contacts will be invaluable as we execute the next phase of our growth strategy.

So we now have next phase in todays RNS.

Reduce risks, a compelling reason to expedite projects that have been slow burners.

Imagine a new construction site in Europe, wind turbines, solar and hydrogen produced onsite powering the construction plant JCB's and perhaps electricity supply..all could be left as part of the infrastructure so ROI continues!

Only two possible reasons why Trump struck Iran, 1. Line his own pockets and those if the US oil executives who funded his campaign by hiking oil prices. 2. To nurse his narcissistical ego because his military parade was an embarrassing shambles.

@SpicyTuna

"So far everything Trump has touched resulted in an epic fail" that will include his suspension of clean energy programs under the Inflation Reduction Act.

I'm siding with this being positive for hydrogen production, so for that reason I agree with your comment on Trumps failure to do the right thing.

@SatellitePro,

"Does JCB need to specify a hydrogen supplier for their engines? It should be up to the customer to choose refuelling arrangements"

https://fuelcellsworks.com/2025/04/25/fuel-cells/linde-develops-europe-s-largest-liquid-hydrogen-trailer-to-tackle-supply-constraints

The world's largest hydrogen producing company is Linde. They are a global industrial gases and engineering company with a significant presence in hydrogen production, distribution, and technology. Linde has built and installed a vast number of hydrogen electrolysis plants and refuelling stations, and possesses the largest liquid hydrogen capacity and distribution system globally.

Maybe we will find out this week at the Highland show?

Just wonder what the thoughts are on JCB officially launching the hydrogen engine this week and if so are Linde a likely supplier for Europe, I see Ryze have an agreement for the UK but I'm not sure they are able to scale up to meet the potential demand.

AI search:

JCB hasn’t announced a single official launch date yet, but all signs point to a commercial rollout beginning in 2025:

• The engine has already received full EU type-approval, meaning it meets strict emissions standards and can be sold across all 27 EU countries.

• It’s currently being trialled in real-world conditions, powering backhoe loaders, Loadall telehandlers, and generator sets.

• JCB is showcasing the engine publicly for the first time at the Royal Highland Show from June 19–22, 2025, in Edinburgh.

So while the engine is already in use in pilot programs, the broader commercial launch is expected to follow soon after this public debut. Want to explore how this hydrogen engine stacks up against electric or fuel cell alternatives? It’s a fascinating comparison.

JCB hasn’t publicly named a specific hydrogen supplier in Europe yet. However, given the scale of their hydrogen engine rollout and real-world trials across multiple countries, it’s likely they’re working with regional hydrogen producers or infrastructure partners behind the scenes.

Their hydrogen-powered machines have already been tested in places like the UK and the Netherlands, and the engines are now fully type-approved for sale across all 27 EU member states. That kind of deployment typically requires collaboration with local hydrogen suppliers or fueling networks.

I would take a bet on the launch being at the Highland games and a strong possibility ITM through Linde are involved, interesting that the engine can be retrofitted...!

*small scale processing plant* to be accurate, same buzzer sounded in my head,

A pilot plant - that's done it for me, it sounded a buzzer in my head!

https://youtu.be/NJIZz7VMuA0?si=tEMDC5iKXBAMAtu0&t=72

@NewKOTB,

yes, I agree with your view,

It's been many years since I first had an interest in ITM, I'm back in to my maximum available funds and just have a good feeling all is in place for great returns.

GLA

It looks like EV sales are recovering, well with Tesla being hit by the political fallout with Musk and Trump antics as is common knowledge many people have switched off Tesla.

https://www.reuters.com/business/autos-transportation/car-sales-europe-dip-slightly-april-teslas-49-drop-tempers-ev-gains-2025-05-27/

May 27 (Reuters) - Tesla's (TSLA.O), opens new tab sales in Europe fell 49% in April from a year earlier, even though battery-electric car sales rose 27.8%, as the U.S. EV maker's upgrade of its Model Y shows little sign of reviving the brand's fortunes in the region.

Hydrogen certainly has its place, I can see the oil producing countries increasing their interest in hydrogen as the tipping point nears, it's in their interest to be ahead of the game - that 200 million year old oil reserves under their feet will be threatened by countries with little or no oil production looking for the old nugget 'energy independency' It's pretty evident to me ITM are of interest to the UAE and Middle East:

Dr. Peter Poetschacher’s role as Vice President for the EU & Middle East at ITM Power places him at the heart of the company’s strategic expansion into the Middle East hydrogen market. While based in Germany, his remit includes developing partnerships and advancing ITM’s PEM electrolyser technology across the region.

Before joining ITM in January 2025, he led sales for Air Liquide Engineering & Construction across India, Africa, and the Middle East, giving him deep regional insight and a strong network. His focus has consistently been on green and blue hydrogen, Power-to-X, and sustainable energy infrastructure—areas that align closely with the Middle East’s growing investment in hydrogen as part of its energy transition goals.

For me, big announcements are a daily possibility

That could be a big announcement if the UAE signs deal/deals:

Dennis Schulz, CEO of ITM Power, recently met with H.E. Sharif Alolama, the UAE’s Undersecretary for Energy and Petroleum Affairs, during the World Hydrogen Leaders H2 Congress MENA in early 2025. Their meeting highlighted the UAE’s ambitious hydrogen roadmap, which includes:

- A forecasted 8.7 GW of domestic electrolyser capacity by 2031

- A hydrogen mix with green hydrogen contributing 20% more than blue hydrogen

- A long-term goal of 208 GW of electrolyser capacity by 2050

Schulz praised the UAE’s strategy and emphasized ITM Power’s commitment to supporting the region’s clean hydrogen ambitions. The UAE, in turn, is positioning itself as a global hydrogen hub, with key demand drivers in aviation, shipping, and aluminium production

Jürgen Nowicki, Executive Vice President of Linde plc and CEO of Linde Engineering, has been actively involved in strengthening ties between Linde and the United Arab Emirates. In 2022, he played a key role in signing a Memorandum of Understanding (MoU) with the UAE’s Ministry of Energy and Infrastructure to advance green hydrogen and sustainability projects.

This collaboration supports the UAE’s Energy Strategy 2050 and its Net Zero Initiative, aiming for carbon neutrality by mid-century. The partnership focuses on four main areas: hydrogen mobility, carbon capture and storage, green hydrogen production via electrolysis, and blending hydrogen with natural gas. Nowicki emphasized Linde’s long-standing presence in the UAE and its commitment to helping the country meet its ambitious decarbonization goals by leveraging its global expertise across the hydrogen and CCS value chains

The UAE’s hydrogen ambitions are not just bold—they’re globally competitive. According to its Hydrogen Leadership Roadmap, the UAE aims to capture 25% of the global low-carbon hydrogen market by 2030, with a strong focus on exports to Japan, South Korea, India, and Europe. That’s a serious play for global influence.

Here’s how the UAE stacks up:

• Production Targets: 15 million tons per annum (mtpa) by 2050. That’s on par with major players like the EU and Australia, and ahead of many others in terms of clarity and scale.

• Hydrogen Spectrum: The UAE isn’t putting all its eggs in one basket. It’s investing in green, blue, turquoise, and even pink hydrogen (from nuclear energy), giving it flexibility and resilience.

• Domestic vs. Export Focus: While exports are key, the UAE is prioritizing domestic decarbonization—especially in hard-to-abate sectors like steel, aluminum, and aviation.

• Strategic Advantages: With world-leading solar PV costs, abundant land, and access to low-cost natural gas, the UAE is well-positioned to produce hydrogen cheaply and at scale.

In terms of net-zero alignment, hydrogen is central to the UAE’s Net Zero by 2050 Strategic Initiative. It’s seen as a linchpin for decarbonizing industry, enabling clean transport, and supporting energy diversification.

I think hydrogen production will follow similar to oil - there's plenty of space for many types of production and cost will be important but not the defining factor - how may oil companies are there producing at different price per barrel?

https://www.statista.com/statistics/597669/cost-breakdown-of-producing-one-barrel-of-oil-in-the-worlds-leading-oil-producing-countries/

Total production cost /bbl

UK $52.5

Venezuela $23.5

Kuwait $8.5

Https://www.energyvoice.com/renewables-energy-transition/ccs/uk-ccs/574170/major-carbon-capture-and-storage-projects-in-scotland-and-the-humber-secure-funding/

blue hydrogen

This approach begins with the recommissioning of a small-scale processing plant

Where is the ore coming from is it 194KM by road or stockpile? We did ship ore to China to confirm the high grade production could be achieved that took months and was reported on as achievable. Is the MOU with TCDIR still in place, as I recall it was confirmed as 70% debt to 30% equity?

What's the purpose of the small scale processing plant - is there a buyer?

Any US offtake is very unlikely with the orange idiot putting 50% tariffs on Brazil iron ore imports and whether that sticks or not it's far too risky while he is still breathing and if it's green he wants it as black as coal.

With the closer collaboration between BRICS nations especially on agriculture in relation to the railroad in AMAPA I was expecting far greater interest from the Chinese to invest in the infrastructure.

GLA, I'm sticking with 10% maybe revised to 5% as I'm unlikely to be here in 25 years due to natural forces.

£6.5bn,

that's UK projects, Linde are global are they gearing up to supply JCB ?

https://www.equipmentworld.com/alternative-power/hydrogen-fuel-cell/article/15712627/jcbs-hydrogen-combustion-engine-approved-for-sale-in-europe

Https://www.energyvoice.com/renewables-energy-transition/573901/heres-what-the-uk-energy-sector-wants-from-the-spending-review/

In Labour’s first budget in 14 years, Reeves outlined major policy shifts including an increase to the windfall tax on oil and gas firms and funding for green hydrogen projects.

Certainly potential for positive news

Https://fuelcellsworks.com/2025/04/25/fuel-cells/linde-develops-europe-s-largest-liquid-hydrogen-trailer-to-tackle-supply-constraints