Member Info for LuckyLaurie

Netherlands - The European Commission has approved state aid of €998 million ($1.08 billion) for green hydrogen production. The Dutch government will provide direct grants of up to 80% of project investment costs. "The grants, open to projects with at least 0.5 MW of electrolyser capacity, will be awarded following a competitive auction set to run this year. To be eligible, developers will also have to prove their hydrogen complies with the EU criteria for the production of renewable fuels of non-biological origin (RFNBOs)."

"The Netherlands is targeting to reach 500 MW of electrolyser capacity in 2025 and 3 to 4 gigawatts by the decade-end. The EU, meanwhile, aims to install at least 6 GW of electrolysers by 2024 and at least 40 GW by 2030. 

The EC’s Dutch state aid approval comes on the heels of the Commission approving a €1.2 billion Spanish scheme to support the production of green hydrogen."

Kallanish Commodities - https://lnkd.in/d5WkpXsS

European Commission press release - https://lnkd.in/dkHSvCJV

ITM Power and BOC are currently working on creating the refuelling infrastructure needed to supply H2 to vehicles, and, as a stopgap solution, Element 2 and Fuel Cell Systems have built and deployed a number of portable hydrogen refuelling stations known as HyQubes to hydrogen hubs across the country.

These stations can store and supply H2 to hydrogen-powered vehicles. They can be deployed anywhere in the country and can provide hydrogen to vehicles even before the transport network has been adapted to hydrogen. This essentially helps solve the “chicken-and-egg” problem that the UK is currently facing.

Research conducted by Hydrogen UK earlier this year suggests that around 200 hydrogen refuelling stations would be needed by 2030 to create a minimum viable network for hydrogen.

Considering there are currently around 11 hydrogen refuelling stations across the UK, major investment is needed in this area to ensure the infrastructure is in place to support hydrogen-fuelled vehicles.

Thankfully, the government is investing heavily in this area and has a plan to create a nationwide network of hydrogen refuelling stations.

Element 2 won a considerable grant to start building more refuelling stations, with four publicly available sites set to be added in the North East of England as part of the Tees Valley Hydrogen Transport Hub.

Exolum has also been given £2 million in funding to construct a green hydrogen production plant and refuelling station in the Riverside terminal in Stockton-on-Tees, near Middlesbrough town centre in Tees Valley. The green hydrogen produced in the plant will provide a capacity of 1.5 tonnes per day to the refuelling station, with excess hydrogen sent to other customers in the region.

Https://www.adrianflux.co.uk/blog/2024/08/hydrogen-strategy-uk/?utm_source=taboola&utm_medium=native-content&utm_campaign=af-hydrogen-content%20#tblciGiC0jCJToBamW_RiNoMZMoj_XWay23FTjlDojMHQyvWxgSCB3T4otcfM8KbcufLDATCg214

I think if you read the RNS the expectation is for a busy year ahead 🥳

Everything lining up nicely and getting ready for the big orders that lay ahead

Exciting Times 🦆 🦆🦆🦆 🦆 in a row

Motive Fuels Birmingham -  B25 8DW ITM Power

Hatton Cross London – TW6 2GE ITM Power

AMP Rotherham, Sheffield – S60 5WG ITM Power

Although the UK hydrogen refuelling network has been shrinking, it is likely to increase very soon. In August 2023 a company called Element 2 won £8 million in government funding to build four new hydrogen refuelling stations with more to follow.

Hydrogen cars are as easy to fill as a petrol or diesel one. It takes around five minutes to fill a tank. The pumps are similar to those at a conventional fuel station, and you plug the nozzle into your car in the same way. A kilogramme of hydrogen costs around £10-£15 in the UK. As an example, the Toyota Mirai’s fuel tank holds 5.6kg, so it will cost more than £50 to fill up but with the second-generation Toyota Mirai saloon capable of covering roughly 400 miles between fill ups it’s a great alternative and of course environmentally friendly with Zero Emissions!

The Future Is Definitely Bright For ITM & Hydrogen ~ The Future Is Now

The German carmaker giant has officially announced that, in partnership with Toyota, it will launch its first hydrogen fuel cell vehicle by 2028.

Toyota’s President, Koji Sato said: “We are pleased that the collaboration between BMW and Toyota has entered a new stage. […] BMW and Toyota share the same passion for cars and belief in ‘technology openness’ and a ‘multi-pathway’ approach to carbon neutrality.

“Based on these shared values, we will deepen our collaboration in efforts such as the joint development of next-generation fuel cell systems and the expansion of infrastructure, aiming for the realisation of a hydrogen society. We will accelerate our efforts together with BMW and partners across various industries to realise a future where hydrogen energy supports society”.

BMW’s announcement is a huge milestone in the commitment from large manufacturers to look at complimenting green technologies as opposed to solely focusing on battery electric vehicles (BEV). With a quick refuelling time of sub 5 minutes, the hydrogen fuel cell vehicle (FCEV) takes away from the “range anxiety” experienced by most BEV drivers.

Both BMW and Toyota will continue to encourage sustainable hydrogen supply and are committed to working closely with hydrogen infrastructure providers, from production, distribution and refuelling.

The German carmaker giant has officially announced that, in partnership with Toyota, it will launch its first hydrogen fuel cell vehicle by 2028.

Toyota’s President, Koji Sato said: “We are pleased that the collaboration between BMW and Toyota has entered a new stage. […] BMW and Toyota share the same passion for cars and belief in ‘technology openness’ and a ‘multi-pathway’ approach to carbon neutrality.

“Based on these shared values, we will deepen our collaboration in efforts such as the joint development of next-generation fuel cell systems and the expansion of infrastructure, aiming for the realisation of a hydrogen society. We will accelerate our efforts together with BMW and partners across various industries to realise a future where hydrogen energy supports society”.

BMW’s announcement is a huge milestone in the commitment from large manufacturers to look at complimenting green technologies as opposed to solely focusing on battery electric vehicles (BEV). With a quick refuelling time of sub 5 minutes, the hydrogen fuel cell vehicle (FCEV) takes away from the “range anxiety” experienced by most BEV drivers.

Both BMW and Toyota will continue to encourage sustainable hydrogen supply and are committed to working closely with hydrogen infrastructure providers, from production, distribution and refuelling.

** One thing that is clear is that hydrogen has a future in the automotive industry. It’s coming, and it’s coming fast.**

——————-

Bosch is investing over $2.5 BILLION in hydrogen technology by 2026.

Bosch employs more than 3,000 people in hy

I’m in too deep to worry …… but I have been averaging down over the last 6 months as and when funds allow.

I wish we could get more Hydrogen cars & trucks on the road and obviously the infrastructure to support them, I would love to buy one in a couple of years when I trade in my current vehicle, I definitely don’t want a battery vehicle.

The next piece of Positive News should see this move significantly, not that we haven’t already had outstanding news/results but unfortunately Mr Market wants more & given this has fallen from the highs of £7 we shouldn’t be surprised.

Hydrogen is definitely the Future 🥳

Hopefully GB Energy will be investing in Hydrogen …..

Https://x.com/tickerofficial/status/1831611848476516534?s=61&t=M3CEmNUKgirgJpmzRtqtEw

No longer exploration……..

20-30 Production Wells

Uplift to 20,000 bpd from Itumbula West-1 well with artificial uplift , common in over 50% of extraction wells

Offtake Agreements along with Financing Options in progress/talks

Exciting times with mining license due in 2 weeks

I wonder why someone would purchase 25 Million Shares 🤷🏼‍♀️

Is it because it’s not commercial 🤷🏼‍♀️ or is it because it is commercial 🤸🤸🏼‍♂️ ✅

“…This is a significant achievement in a very short time frame, and I am delighted to now be moving this project forward and

bringing it a step closer to development…”

Ignore the negative trolls who only have one role here, this is a Positive RNS & we now move forward to the next phase 🎈

“The Company estimates the actual flow rate would increase to 6,176 scf/d of helium, when applying an average concentration of 5.5% helium”

It’s time to sit back and enjoy the ride of your life

Let The Feeding Frenzy Begin 👉 🎈

LTHs 🎈Well done for holding

Well said Basil 🎈

News soon followed by a substantial re-rate

Who’s HW1 🤷🏼‍♀️

Probably on the Moon 🌒 then as Elvis was last seen there 🤸🤸‍♀️

D O T H E M A T H S

Ducks In A Row, Now 🦆 🦆🦆🦆🦆

LET THE FEEDING FRENZY BEGIN

She’s Going To Blow The Doors Off 🚀🚀🚀🚀🚀

👉 Fair Value 15p +++ 🎈

Monday RNS - Don’t Get Frozen 🥶 Out

Go & do one Toffers you 🔔 End , so you’ve sold up Again 🥱 for the 5th time yet you continue to spout nonsense ad infinitum , move on , you’re a loser.